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Stephanie Harrison

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SH

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Which of the following statements is correct?

A) For all firms, marginal revenue equals the price of the good.
B) Only for competitive firms does average revenue equal the price of the good.
C) Marginal revenue can be calculated as total revenue divided by the quantity sold.
D) Only for competitive firms does average revenue equal marginal revenue.

On Jul 25, 2024


D
SH

Answered

On January 1,a machine costing $260,000 with a 6-year life and an estimated $5,000 salvage value was purchased.It was also estimated that the machine would produce 500,000 units during its life.The actual units produced during its first year of operation were 110,000.Determine the amount of depreciation expense for the first year under each of the following assumptions:
1.The company uses the straight-line method of depreciation.
2.The company uses the units-of-production method of depreciation.
3.The company uses the double-declining-balance method of depreciation.

On Jul 24, 2024


1.($260,000 - $5,000)/6 = $42,500
2.($260,000 - $5,000)/500,000 = $0.51/unit; 110,000 * $0.51 = $56,100
3.$260,000 * (1/6 * 2)= $86,667
SH

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A life estate may not be reserved by a vendor who sells land in fee simple.

On Jun 25, 2024


False
SH

Answered

How would you go about creating a pro-achievement norm in a group of school children who are not currently interested in their studies?

On Jun 24, 2024


Creating a pro-achievement norm in a group of school children who are not currently interested in their studies can be a challenging but achievable task. Here are some steps that can be taken to foster a culture of achievement within the group:

1. Set clear expectations: Communicate to the children the importance of academic achievement and the benefits it can bring to their future. Set clear and achievable goals for them to strive towards.

2. Positive reinforcement: Recognize and reward the children for their academic accomplishments, no matter how small. This can be done through praise, certificates, or other incentives to motivate them to excel.

3. Encourage peer support: Foster a supportive environment where children can help and encourage each other to do well in their studies. Peer support can be a powerful motivator for academic achievement.

4. Provide resources and support: Ensure that the children have access to the necessary resources and support systems to help them succeed in their studies. This can include tutoring, study groups, or access to educational materials.

5. Lead by example: Teachers and adults in the children's lives should also demonstrate a commitment to academic achievement and serve as positive role models for the children to emulate.

6. Engage parents and guardians: Involve the parents and guardians in the process of creating a pro-achievement norm. Communicate with them about the importance of their support in encouraging their children to excel academically.

By implementing these strategies, it is possible to create a pro-achievement norm within a group of school children who may not be initially interested in their studies. Over time, with consistent effort and support, the children can develop a positive attitude towards academic achievement and strive to reach their full potential.
SH

Answered

Which of the following types of teams serves the purpose of breaking down the barriers that exist in a hierarchical organization with a long history of division of labor and division of tasks?

A) cross-functional teams
B) self-directed work teams
C) top management teams
D) virtual teams

On May 26, 2024


A
SH

Answered

Following the age-fifty transition is a fairly stable period in people's careers. During this time, _____.

A) most people continue to grow in their careers
B) most people begin to plan seriously for withdrawing from their careers
C) employees begin to face work-home conflicts
D) employees depend on their mentors

On May 24, 2024


B