you are sitting in a meeting of a corporate board of directors where the discussion is about whether to lay off 2,000 workers. the ceo asks you to rate the benefits to the corporation versus the cost to the workers and their families. this is an example of _____ economics.

Answers

Answer 1

This is an example of microeconomics. Microeconomics is a branch of economics that focuses on how the decisions of individuals, businesses, and governments affect the prices and quantities of goods and services.

In this case, the company's board of directors is weighing the benefit to the company of eliminating 2,000 workers against the cost to those workers and their families. The benefit to the company may include increased profits, reduced costs, and other potential benefits. Costs to workers and their families may include job loss, reduced income, and other related costs. Ultimately, the board must attempt to determine which outcome is likely to provide the greatest net benefit to the company.

To know more about microeconomics click here

https://brainly.com/question/28489802

#SPJ4


Related Questions

concerning incremental project cash flow, which of these is a cost one would never count as an expense of the project? A. initial investment
B. taxes paid
C. operating expenses of the project
D. financing costs

Answers

Option D is correct. Cost of Funding (FC), also known as financing costs (COF), are the costs, interest, and other fees associated with borrowing to construct or purchase an asset.

This could range from financing a mortgage, financing a car loan with a bank, or financing a student loan.

Financing costs are the interest and other costs that a company incurs when borrowing money. They are also known as 'borrowing costs' or 'financial costs'. “There are two different ways companies can pay their operating expenses.

Funding costs are accumulated as an intangible asset in the 'other assets' section of the balance sheet. Most closing costs are associated with financing the purchase price, but not all are.

Incremental cash flow does not include cash income or liabilities from other parts of the business. This only includes money earned and spent on specific projects. It also excludes sunk costs, opportunity costs and cannibalization.

Know more about financing costs here:

https://brainly.com/question/26011426

#SPJ4

Use the midpoint formula. If the price of a gardenburger decreases from $9 to $8, the price elasticity of demand equals ____and demand is______ A. -6.33; elastic B. - 19.0; inelastic C. -0.16, inelastic D. 6.33, elastic

Answers

Adjusting journal entries are made in a company's general ledger at the end of an accounting period to reflect any unrealized gains or losses.

All of them are anticipated responses to the aforementioned question. Adjusting journal entries are made in a company's general ledger at the end of an accounting period to reflect any unrealized gains or losses. A transaction that started in one accounting period but ended in another requires an adjusting journal entry to be properly recorded. Financial reporting that corrects an inaccuracy from a prior accounting period is sometimes referred to as adjusting journal entries. The following statements about altering entries are accurate and true. Adjusting entries are used to record accrued expenses and income. Accrued expenditures and revenues contain assets and liabilities that have not yet been recognized. Prepaid expenses, depreciation, and other adjustments all require adjusting inputs.

Learn more about Adjusting entries here:

https://brainly.com/question/28902037

#SPJ4

In an economy with a population of 100 million persons, 40 million hold civilian jobs and 9 million are not working but are looking for a job. The number of persons in the civilian labor force is O 51 million O 60 million O 91 million. O 49 million

Answers

There are 49 million civilian workers. Is the best choice.

When the unemployment rate a corresponds the natural unemployment rate, "full employment" is said to exist.

Many parts of the automobile manufacturing process which were actually done by humans are now managed to complete by robots. Employees who were laid off due to the use of robotics have become cyclically unemployed.

If the cyclical unemployment level is negligible, the organic unemployment rate is higher than the overall unemployment rate.

When an individual is capable and willing to work but does not possess a paid job, they are unemployed. The underemployment rate is the proportion of individuals who are employed who are out of work.

To know more about unemployment click here

brainly.com/question/14227610

#SPJ4

A partnership agreement will include each of the following: (Check all that apply)
1) date of partner dissolution
2) names of partners
3) tax payment duties
4) partner rights and duties
5) income and loss sharing

Answers

An agreement between partners will detail the date of the partnership's dissolution, the names of the partners, tax payment obligations, partner rights and duties, and income and loss sharing.

A partnership is a relationship between people who have agreed to split the earnings from a business that all of them, or any of them, act for all of them. Individually, those who have formed a partnership with one another are referred to as "partners," and as a whole, they are referred to as "a firm." The name under which the firm operates is referred to as the "firm name."

The relationship of partnership is based on contract rather than status, hence, for example, members of Hindu undivided families running family businesses as such or Burmese Buddhist husband and wife running businesses as such are not considered partners in such businesses.

Learn more about partnership here:

https://brainly.com/question/19988417

#SPJ4

Which of the following is an important mantra that helps explain why effective measurement is so important to supply chain management?a. What gets measured gets doneb. Measure thrice cut twicec. If you can't measure it, you can't manage itd. Time tellse. All of the abovef. A, B, & C onlyg. A & C only

Answers

A & C only is an important mantra that helps explain why effective measurement is so important to supply chain management.

What is supply chain management.?

Supply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services.

Supply chain management (SCM), which comprises all procedures that convert raw materials into finished commodities, is the central administration of the movement of goods and services.Companies may reduce unnecessary expenditures and deliver goods to customers more quickly and effectively by optimising the supply chain.Effective supply chain management keeps businesses out of the news and away from costly recalls and legal actions.Developing a plan, locating raw materials, production, distribution, and returns are the five SCM components that are most important.Controlling and lowering expenses while preventing supply shortages are the duties of a supply chain manager.

To learn more about supply chain management

https://brainly.com/question/29241738

#SPJ4

when ordering the kids' lunch at burger universe, the customer must choose a size, whether or not to have cheese, a type of bun, a side order, and a type of fruit drink. here are the possibilities for each choice.

Answers

The customer must select a size, a bun type, a side order, and a type of fruit drink while ordering the Kids' Lunch at Burger Universe. There are 72 possible lunches for children.

The permutation is what?

A permutation is a grouping of things in a particular order. In this instance, sets' constituent parts are sorted in a linear or sequential sequence. A permutation of 2, for instance, is 1,6,1 for the collection A=1,6. You can see that there is no alternative way to arrange set A's parts.

What Sets a Combination Apart from a Permutation?

Between permutations and combinations, there are a number of important differences. A combination is a choice of data where the order is irrelevant, as opposed to a permutation, which is an arrangement of data that depends on the order. Consider a list of racers for permutations and a group of team members for combinations as examples of lists from which data for permutations and combinations are typically selected.

There are three different sizes that you can choose from in this permutations issue (small, medium, and large),

- Three options for the bun (plain, sesame, and wheat),

- There are 4 options for the side order (fries, onion rings, fruit cup, and cheese sticks)

- There are two options for the fruit drink (orange, and grape)

The complete combinations available for kids' meals are what you can receive, so:

3 × 3 × 4 × 2 = 72

There are 72 different kids' lunch options.

Learn more about permutation: https://brainly.com/question/10471426

#SPJ4

In the United States, recording business transactions in dollars is an application of the accounting concept ____.

Answers

In the United States, recording business transactions in dollars is an application of the accounting concept of monetary unit assumption.

The monetary unit assumption is one of the basic assumptions of accounting, which states that all economic transactions should be recorded in a stable and specific currency, such as the US dollar.

This allows for consistent and comparable financial information to be reported and enables the measurement of changes in an organization's financial position over time.

Recording business transactions in dollars is a practical application of this concept, as it allows for financial statements to be prepared and analyzed using a common and stable unit of measurement.

To learn more about monetary unit assumption

https://brainly.com/question/15054850

#SPJ4

you call an all-staff meeting. what can you do to stop the negative emotions from spreading further among the employees? what actions would most effectively do so? drag each topic below into its appropriate category in the table, and click submit.

Answers

We can prevent the employees' negative feelings from spreading by implementing the following measures: Most efficient decision: Teach employees how to use emotional suppression in their daily jobs.

Cognitive reappraisal methods. Somewhat wise choice: Congratulate everyone. Encourage your team to practise smiling and acting in a polite, joyful manner.

Assign a co-worker to act as each employee's "buddy for the purposes of social sharing" least useful If anyone would like, offer to move them from customer service positions such as waitstaff to behind-the-scenes positions. Remind the staff that the Grille's customer service evaluations have always been favourable.

Learn more about customer service:

brainly.com/question/1286522

#SPJ4

For each of the following activities, identify the flow of dollars as either household-to-firm or firm-to-household.
Activity
Latasha pays a storekeeper $1 for a quart of milk.
Alyssa earns $10,000 from 40% ownership of her family business.
Jake earns $8 per hour working at a fast-food restaurant.
Rosa spends $100 for a plano lesson.
Flow of Dollars

Answers

Thus, households and businesses exchange expenditures for products and services, while businesses and households exchange revenue in the form of wages, rent, and profits.

What does business to household flow refer to?Thus, households and businesses exchange expenditures for products and services, while businesses and households exchange revenue in the form of wages, rent, and profits.It demonstrates the connections between businesses and households that occur in the product and factor marketplaces. In the diagram, it should be noted that homes and businesses are not connected to one another; instead, they are connected to the two marketplaces.Because of the rising opportunity cost, the production possibility frontier is shaped like a bow.Thus, households and businesses exchange expenditures for products and services, while businesses and households exchange revenue in the form of wages, rent, and profits.            

To learn more about household flow refer to:

https://brainly.com/question/10681739

#SPJ1

Other Questions
Question 9 of 10 Why was the Pendleton Act considered a victory for Progressives? OA. It limited the spoils system by preventing officeholders from rewarding friends and allies with government jobs. OB. It limited the power of monopolies by preventing single companies from gaining control of an entire market. OC. It ensured fair railroad pricing by limiting the ability of railroad companies to set unreasonable fares. D. It gave control of ensuring fair railroad practices to the Interstate Commerce Commission. How do you find a specific term in a binomial expansion?. Riverview does not have a formal grievance policy where employees are able to report colleagues who engage in unethical behavior. After all, those behaviors can cost other employees business in the long run. Which process allows glycolysis to continue in the absence of oxygen?A. ChemosynthesisB. Photosystem 1C. Cellular respirationD. Fermentation Choose the appropriate actions to take in the event of a spill. (More than 1 answer may be correct.) O If splashed with a large quantity of liquid, wipe off contaminated clothing. O Use a spill pillow to absorb liquids with nontoxic vapors O Contaminated clothing must removed & treated as hazardous waste O Nonvolatile liquid spills require lab evacuation O Spilled solid should be returned to its original bottie If solid is spilled on skin wash scrape off, then wash with water O Eyewashes should be used for at least 15 minutes, O Use a small brush & dustpan when cleaning up a solid. O If splashed with a large quantity of a chemical, use the shower immediately HELP ASAP Which sentence uses the underlined vocabulary word Incorrectly? A. The IMPUTATION that i would ever cheat on a test is horribly wrong. B. I can't tell you how much I DEPRECIATE you cooking for me C. I hope he will use PRUDENCE while he is on his senior trip. FILL IN THE BLANK. 1. the _____ amount is the amount a document will extend past the printable area of a page.2. a _____ allows you to generate new documents with shared sets of settings and design aspects, which is helpful for documents you create on a regular basis. 3. the ____ panel or _____ in illustrator changes based on what is selected or what you are working with inside a document.4. as with document windows, you can also _____ panels into vertically oriented groups, which makes it easier to organize and customize your workspace in illustrator.5. saving recovery data is not the same as saving a ____. An amendment to the international treaty on climate change designed to reduce the amount of greenhouse gases emitted by specific countries called Why do leaves fall without changing color?. according to the lesson, which of the following best describes the results of the great railroad strike of 1877? How many solutions does the linear equation 3x 11y 10 have?. Paleota Company purchased a patent from Finise for $234,000. At the time of purchase, the patent had a remaining useful life of $23,000 Calculator $9,800 $23,400 $14,000 (a) A fundamental law of motion states that the acceleration of an object is directly proportional to the resultant force exerted on the object and inversely proportional to its mass. If the proportionality constant is defined to have no dimensions, determine the dimensions of force. (Use the following as necessary: M, L, and T.)[force] = (b) The newton is the SI unit of force. According to the results for (a), how can you express a force having units of newtons using the fundamental units of mass, length, and time? (Use the following units as necessary: kg, m, and s.) Carol Gilligan's criticism of Lawrence Kohlberg's developmental theory is based on the argument that Kohlberg's ________. Use your notes to identify the changes brought about by the new U.S. political system. oxides of active metals, such as cao, react with water to form____ a market in which households sell land, labor, and capital to firms is ? what are the characteristics feature of IOT? the range (in miles) of a broadcast signal from a radio tower is bounded by a circle given by the equation A college library has four copies of a certain book; the copies are numbered 1, 2, 3, and 4. Two of these are selected at random. The first selected book is placed on 2- hour reserve, and the second book can be checked out overnight. a. Construct a tree diagram to display the 12 outcomes in the sample space. b. Let A denote the event that at least one of the books selected is an even-numbered copy. What outcomes are in A? c. Suppose that copies 1 and 2 are first printings, whereas copies 3 and 4 are second printings. Let B denote the event that exactly one of the copies selected is a first printing. What outcomes are contained in B?