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Azrienne Miller
Answers (6)
AM
Answered
The distinction between efficiency and equality can be described as follows:
A) Efficiency refers to maximizing the number of trades among buyers and sellers; equality refers to maximizing the gains from trade among buyers and sellers.
B) Efficiency refers to minimizing the price paid by buyers; equality refers to maximizing the gains from trade among buyers and sellers.
C) Efficiency refers to maximizing the size of the pie; equality refers to producing a pie of a given size at the least possible cost.
D) Efficiency refers to maximizing the size of the pie; equality refers to distributing the pie fairly among members of society.
A) Efficiency refers to maximizing the number of trades among buyers and sellers; equality refers to maximizing the gains from trade among buyers and sellers.
B) Efficiency refers to minimizing the price paid by buyers; equality refers to maximizing the gains from trade among buyers and sellers.
C) Efficiency refers to maximizing the size of the pie; equality refers to producing a pie of a given size at the least possible cost.
D) Efficiency refers to maximizing the size of the pie; equality refers to distributing the pie fairly among members of society.
On Jul 13, 2024
D
AM
Answered
Which of the following statements about the Hawthorne Studies is incorrect?
A) The studies were started to determine the effect that different levels of lighting had on productivity.
B) In one study, workers' productivity increased as the level of illumination at their workstations was decreased.
C) The studies were started to identify the influence that 'social factors' had on productivity.
D) People would restrict output to avoid the displeasure of the group, even if it meant sacrificing pay.
E) The 'social setting' of the various experiments influenced the results of the studies.
A) The studies were started to determine the effect that different levels of lighting had on productivity.
B) In one study, workers' productivity increased as the level of illumination at their workstations was decreased.
C) The studies were started to identify the influence that 'social factors' had on productivity.
D) People would restrict output to avoid the displeasure of the group, even if it meant sacrificing pay.
E) The 'social setting' of the various experiments influenced the results of the studies.
On Jul 09, 2024
C
AM
Answered
As demographic factors, why are marketers interested in the education level, occupation, and income of consumers?
On Jun 13, 2024
Studies show that higher levels of education lead to better jobs and higher incomes. For some products, marketers can combine education level with other data such as occupation and income and obtain pretty accurate predictions of purchase behavior. For instance, a full-time college student with a part-time job may have relatively little personal income but will spend his or her disposable dollars differently than would a high school graduate who works in a factory and earns a similar income. Marketers need to be quite cognizant of the interaction among education, income, and occupation.
AM
Answered
Preparation of the statement of cash flows does not involve:
A) Computing the net increase or decrease in cash.
B) Computing and reporting net cash provided or used by operations.
C) Computing the profit compared to the net increase or decrease in cash.
D) Computing and reporting net cash provided or used by financing activities.
E) Computing and reporting net cash provided or used by investing activities.
A) Computing the net increase or decrease in cash.
B) Computing and reporting net cash provided or used by operations.
C) Computing the profit compared to the net increase or decrease in cash.
D) Computing and reporting net cash provided or used by financing activities.
E) Computing and reporting net cash provided or used by investing activities.
On Jun 09, 2024
C
AM
Answered
Suppose the government imposes a tax of 10 percent on the first $40,000 of income and 20 percent on all income above $40,000. What are the tax liability and the marginal tax rate for a person whose income is $50,000?
A) 12 percent and 20 percent, respectively
B) 12 percent and $50,000, respectively
C) $6,000 and 12 percent, respectively
D) $6,000 and 20 percent, respectively
A) 12 percent and 20 percent, respectively
B) 12 percent and $50,000, respectively
C) $6,000 and 12 percent, respectively
D) $6,000 and 20 percent, respectively
On May 13, 2024
D
AM
Answered
The Johari Window deals with two factors: people's understanding of themselves and the way they interact with others based on that level of understanding.
On May 10, 2024
True