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Mekhanik [1.2K]
2 years ago
10

Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $3 each. What is her opportunity c

ost if Madeline buys 12 widgets?
Business
1 answer:
RUDIKE [14]2 years ago
6 0

Answer:

The correct answer to the following question is that the opportunity cost of Madeline would be 8 units of gizmos .

Explanation:

Opportunity cost can be defined as the benefit or gain that a person might have got or earn if he or she had not selected the current alternative. In this question Madeline has bought 12 widgets, now these widgets cost $2 each , so she has spend $24 ( $2 x 12 ) on the widgets. So here her opportunity cost would be the gizmos that she could have bought , that is $24 / $3 = 8 units

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This activity is important because as a manager, you should know how compensation methods are related to motivation theories. Co
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Answer:

A. Merit Pay - 2. Equity Theory

B. Gain sharing 3. Goal-setting Theory: Unit-Focused

C. Piece-Rate Systems 4. Goal-setting Theory: Individual-Focused

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Explanation:

Employee motivation is dependent on many factors. A person may be motivated just if his work is appreciated. He feels that his work is appreciated and for this reason he is motivated to perform better. Some people consider pay rise or monetary rewards as their motivation factor. Some people finds more authority as their motivating factor. They feel motivated if they are given more challenging work and more authority.

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2 years ago
. Business Source Premier (EBSCO) and Lexis Nexis Academic are examples of research ________. a. periodicals b. indexes c. datab
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Answer:

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2 years ago
Which of the following is not an example of a barrier to entry?
igor_vitrenko [27]

Answer:  <u><em>A college student starts a part-time tutoring business is not an example of a barrier to entry.</em></u>

This is not an example of barrier to entry since in this particular case others students can easily utilize the same opportunity and enter into this particular business. In this case there is no legal barriers so that others cannot enter or exit into this industry or business.

<u><em></em></u>

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2 years ago
Gaston knows he cannot be physically present at his new restaurant every hour it is? open, so he has decided to share management
Dmitriy789 [7]

Answer: General partnership.

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2 years ago
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uysha [10]

Answer:

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