b) the after-tax cost to Volvo to provide Lars with health insurance if it could purchase the insurance through its group plan for $5,000 will be $3000
c) the least amount by which Volvo would be willing to reduce Lars’s salary while agreeing to pay his health insurance will be $5000
A tax deduction is something you can take out of your taxable income in order to pay less in taxes overall. On Schedule A of your income tax return, you have the option of taking the standard deduction—a single deduction with a set dollar amount—or itemizing deductions.
b) Calculate the after-tax cost to the company Volvo of providing Mr. Las Osberg with health insurance.
Health Insurance = $5000
Marginal Tax Rate = 40%
The after-tax price can be calculated using the formula below.
After-Tax Cost = [Health Insurance * (1 - Marginal Tax rate)]
= 5000 * (1 - 40)
= 5000 * 0.60
After-Tax Cost = $3000
As a result, it will cost Volvo $3000 after taxes to cover Mr. Las Osberg's medical expenses.
c) Choose the salary reduction that Volvo will be willing to make while still agreeing to pay the life insurance sum.
From Las Osberg's wages, Volvo will withhold $5000 to cover the cost of his health insurance. This is carried out because the amount earned when a person receives compensation from the employer in the form of a wage or fringe benefit is deductible.
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What is one way a person can increase the wages he or she expects to earn?
A. By advocating against minimum wage regulations
• B. By increasing overall productivity in a year
C. By choosing a job with a low market value
• D. By deciding not to get a high level of education
SUBMIT
Answer:
Your answer is B) By increasing overall productivity in a year
Explanation:
I would say A, but it says expects to earn, not actually earn. A human normally expects extra credit or reward for doing more work. As for the others, it's common sense that you don't do that.
Thus, the answer is B.
Describe how you would go about evaluating what content—images, words, video—you can use in a way that complies with copyright laws.
To assess what content you can use in compliance with copyright laws, is to identify if there is any information about permissions, if not, contact the owner to request a permission agreement.
What is copyright?It is a set of US laws to protect intellectual and creative works such as books, music and videos. This law aims to protect the owner and his work by providing him with the right to use, distribute and license his work.
Therefore, copyright law is important to encourage the production of intellectual works and must be complied with by all individuals who wish to use third-party work for a certain purpose.
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Currently Baldwin is paying a dividend of $16.63 (per share). If this dividend stayed the same, but the stock price rose by 10% what would be the dividend yield?
Based on the current dividend that Baldwin is paying, an increase of 10% in the stock price would lead to a dividend yield of 8.40%
What would be the dividend yield?The stock price to Baldwin before the increase was $179.90 so the increase of 10% would lead to a new stock price of:
= 179.90 x ( 1 + 10%)
= 179.90 x 1.1
= $197.89
The dividend yield would then be:
= Dividend / Stock price
= 16.63 / 197.89
= 8.40%
In conclusion, the new dividend yield to Baldwin after the rise in stock price is 8.40%.
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Shareholders' Equity ($ in millions)
Common stock, 240 million shares at $1 par $ 240
Paid-in capital—excess of par 1,680
Paid-in capital—share repurchase 1
Retained earnings 1,100
Prepare the entries for both the purchase and subsequent resale of the shares assuming the shares are (a) retired and (b) viewed as treasury stock.
On November 14, 2023, the corporation sold 2 million shares at $7 per share.
2. Prepare the shareholders’ equity section of TNL Systems’ balance sheet at December 31, 2023, comparing the two approaches. Assume all net income earned in 2021–2023 was distributed to shareholders as cash dividends.
1. The journal entries for the purchase and subsequent resale of the shares assuming the shares are:
a) Retired:Feb. 5, 2021, Debit Common Stock $6 million
Debit Paid-in capital $54 million
Credit Cash $60 million
July 9, 2021, Cannot be resold.
Nov. 14, 2023, Cannot be resold.
Treasury Stock:Feb. 5, 2021, Debit Treasury Stock $6 million
Debit Paid-in capital $54 million
Credit Cash $60 million
July 9, 2021, Debit Cash of $24 million
Credit Treasury Stock $2 million
Credit Paid-in capital of $22 million
Nov. 14, 2023, Debit Cash of $14 million
Credit Treasury Stock $2 million
Credit Paid-in capital of $12 million
2. The preparation of the shareholders' equity section of TNL Systems' Balance Sheet on December 31, 2023:
Viewed as Retired Stock:
Shareholders' Equity ($ in millions):Common stock, 240 million shares at $1 par ($240 - 6) $234
Paid-in capital—excess of par (1,680 - 54) $1,626
Paid-in capital—share repurchase 1
Retained earnings 1,100
Viewed as Treasury Stock:
Shareholders' Equity ($ in millions):Common stock, 240 million shares at $1 par $240
Paid-in capital—excess of par (1,680 - 54 + 22 + 12) 1,660
Paid-in capital—share repurchase (1 + 7 - 2 - 2) 4
Retained earnings 1,100
What is treasury stock?Treasury stock is the shares repurchased by the issuer from stockholders.
When shares are repurchased, they can be retired permanently, that is, removed from the company's records, or they can be held as treasury stocks and subsequently resold.
Transaction Analysis:Retired:Feb. 5, 2021, Common Stock $6 million Paid-in capital $54 million Cash $60 million
July 9, 2021, Cannot be resold.
Nov. 14, 2023, Cannot be resold.
Treasury Stock:Feb. 5, 2021, Treasury Stock $6 million Paid-in capital $54 million Cash $60 million
July 9, 2021, Cash $24 million Treasury Stock $2 million Paid-in capital $22 million
Nov. 14, 2023, Cash $14 million Treasury Stock $2 million Paid-in capital $12 million
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Question Completion:On February 5, 2021, TNL Systems purchased 6 million shares at $10 per share.
On July 9, 2021, the corporation sold 2 million shares at $12 per share.
On November 14, 2023, the corporation sold 2 million shares at $7 per share.
Patel Packaging Systems purchased a new computer system in 2021 at a cost of $328,000. This system is in the 5-year MACRS class, and has depreciation allowance percentages of 20, 32, 19.2, 11.52, 11.52, and 5.76. What is the maximum amount of depreciation the firm can claim on this system in the first year if it selects the bonus depreciation method?
a.
$164,000
b.
$328,000
c.
$170,560
d.
$65,600
e.
$54,667
The maximum amount of depreciation the firm can claim on this system in the first year is:
Depreciation claims in 1st year = Depreciation rate * Initial investment
= 20% * 328000
Depreciation claim= $65600
The time period depreciation refers to an accounting approach used to allocate the value of a tangible or physical asset over its beneficial life. Depreciation represents how a good deal of an asset's price has been used. It lets in corporations to earn sales from the belongings they very own with the aid of using purchasing them over a sure duration of time.
Because corporations do not need to account for them totally withinside the year. the belongings are purchased, the instantaneously value of possession is substantially reduced. Not accounting for depreciation can substantially have an effect on a company's profits. Companies also can depreciate long-time period belongings for each tax and accounting purposes.
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Select the correct text in the passage.
What are some inadvertent effects of technology?
Technological innovation - A Boon or Bane
Technological innovation has changed the way work is done in an office today. It has affected our society and altered the way we lead our lives.
There is no doubt that advancement in modern technology has improved work efficiency. It has also increased idle time of workers.
We are now connected to the world virtually. It is also true that we are now spending more time visiting social networking sites, rather than our friends
and family.
The inadvertent effects of technology is the technological innovation has changed the way work is done in office today. It has affected our society and altered way we lead our lives.
What is technology?Technology is the systematic and repeatable application of knowledge to achieve practical objectives. The result of such an effort is sometimes referred to as technology. The use of technology is pervasive in many areas, including daily life, science, industry, communication, and transportation. Both real things like machines or utensils and intangible tools like software are considered technologies.
Numerous technological developments have brought about societal transformations. The earliest technology that has been identified is the stone tool, which was employed in the prehistoric past. This was followed by the use of fire, which helped fuel the Ice Age expansion of the human brain and the emergence of language.
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Answer:
The answers are:
"It has also increased idle time of workers."
and
"It is also true that we are now spending more time visiting social networking sites, rather than our friends and family."
Explanation:
correct on plato
Shayla has two children age 8 and 10 Omar and darsh attended daycare after school Sheila paid $14,000 in child care expenses in 2021 her AGI is
The eligible parent may claim up to 50% of the child care expenses paid under the 2021 enhanced credit.
In the year 2021, Shyla spent $14000 on child care for her two kids.
Her Child and Dependent Care Expense Credit is worth $7000, or $14,000 multiplied by 50%.
For whom is the Child and Dependent Care Credit Available?
If you paid a person or an organization to look after a qualifying individual, you may be eligible for the child and dependent care credit. A dependent under the age of 13 (such as your child) or a dependent of any age, or your spouse who is incapable of caring for themselves and resides with you for at least half the year, qualifies as a qualifying person.
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How can self and social awareness help prepare you for automation, remote work, or changes in yoi8iur industry?
In cell D13, use the keyboard to enter a formula that uses the SUM function to calculate the total of the values in range D4:D11
To add in Excel we must use the following formula =SUM (cell name: cell name).
How to add in Excel?In the Microsoft Excel computer program we have the possibility to add the values of different cells using a formula. To perform a sum we can use the following formulas:
We must put the equal symbol (=), then write "SUM" and put in parentheses the names of the cells that we want to include in the sum, for example:=SUM(A2:A10), with this formula we will add the values of cells A2:10.On the other hand, we have the possibility of adding the cell values of different rows with the following formula:
=SUM(A2:A10, C2:C10) Sums the values in cells A2:10, as well as cells C2:C10.Learn more about Excel in: https://brainly.com/question/23501096
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This résumé format focuses on the tasks or skills that an applicant can perform:
a.
Chronological
b.
Functional
c.
Electronic
d.
Scannable
The functional resume format focuses on the tasks or skills that an applicant can perform. Thus, option D is correct.
What is a resume?A resume can be defined as a document with suggestions that the details of a particular person, especially an applicant, are being mentioned. It usually defines the person's career information as well as some personal background. Also, if they have taken any courses or have had any experience, all of this is mentioned in a resume.
A functional resume can be defined as a resume whose purpose is to focus on the skills of a person. The primary focus is on the skill that a person processes.
Therefore, option D is the correct option.
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“Quantitative measures of the performance of sales representatives are more likely to mislead than guide evaluation.” Do you agree with this statement? Give reasons in support of your viewpoint.
I disagree that the quantitative measures of the performance of sales representatives are more likely to mislead than guide evaluation because this metric have proven reliable for managers over the years for measuring the performance of their employee.
What is a Quantitative measures of the performance?This is also known as a quantitative performance review. The performance review does evaluates an employee on measurable factors directly related to their job. This method as well removes any subjectivity and allows the managers to deliver a clear and accurate feedback on what the employee is doing well as well as how they can improve.
In this review, the quantitative criteria are those aspects that measure the sales performance in terms of the end results whereas the qualitative criteria involve those activities that the sale person does to achieve the end results. Some of the quantitative factors include the sales volume, average calls per day, sales orders, etc.
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The art of sales is never more obvious than in a late-night infomercial. Tell about one infomercial that you have seen and what tactics the salesperson used to get the audience to buy their product. See if you can find a link to it online and post the link with your comment as well. Did watching the salesperson make you want to buy? Do you think you would be able to do the same marketing job as the salesperson? Explain the skills that would be needed to be successful in the Sales & Marketing career cluster. NEED ANSWER ASAP
An infomercial that I have seen and the tactics used is the infomercial use of a father and son. They were dress in native attire and they linked the drink they are advertising to their cultural practice.
Yes, I Did watch the salesperson and it make me want to buy because of the father and son bond shown.
Yes, I do think you would be able to do the same marketing job as the salesperson.
What skills necessary for success in the field of sales and marketing?They are:
A positive attitude is a sign of confidence. Conviction in speech is a sign of resilience. Knowing your customers' needs through active listening.Building relationships and promoting your personalityNote that Speaking and listening skills are necessary for sales reps and agents in order to effectively communicate with customers. Finding the ideal product for the customer and closing the sale depend on understanding their needs.
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Answer:
An infomercial that I have seen and the tactics used is the infomercial use of a father and son. They were dress in native attire and they linked the drink they are advertising to their cultural practice.
Yes, I Did watch the salesperson and it make me want to buy because of the father and son bond shown.
Yes, I do think you would be able to do the same marketing job as the salesperson.
What skills necessary for success in the field of sales and marketing?
They are:
A positive attitude is a sign of confidence.
Conviction in speech is a sign of resilience.
Knowing your customers' needs through active listening.
Building relationships and promoting your personality
Note that Speaking and listening skills are necessary for sales reps and agents in order to effectively communicate with customers. Finding the ideal product for the customer and closing the sale depend on understanding their needs.
Explanation:
If property is converted from personal-use property to business property, the depreciable cost basis is which of the following? Multiple Choice
The foundation for converting the personal property to commercial use is the lesser of the conversion's fair market value or the conversion's cost.
What happens to the depreciable cost of personal-use property converted to the business property?The basis for personal property used for business purposes is the lowest of the fair market value at the moment of conversion or the purchase price plus any upgrades or additions, less any casualty losses that have been subtracted up until the conversion.
You must assign the basis if the acquisition price of the property includes both depreciable and non-depreciable items (for instance, land and a building), or if you utilize the property for both commercial and private purposes.
Purchase of a structure and land in one transaction. It is common for a company to buy both property and an office building. In certain situations, the building is only responsible for paying a fraction of the fee.
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Which is the correct order of entities who benefit when banks make a profit
1. employees, shareholders, and the economy
2. shareholders, shoppers, and the economy
3. employees, companies, and the economy
4. shareholders, companies, and the economy
4. shareholders, companies, and the economy
When a bank makes money, it must first distribute its dividend in accordance with the percentage of ownership held by its shareholders. Following that, firms might borrow money to grow their operations using the quantity of earnings.
Issue of money in the form of banknotes and electric current accounts subject to check or payment at the customer's request are two examples of the banks' economic functions. These bank claims have the same value as money since they are negotiable or repayable upon demand.
Banks give money to common business and personal borrowers (borrowers with average credit quality), but they also have stringent credit standards. The bank's assets have been diversified, which has improved things and given it a cushion to absorb losses without going into default.
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describe the roles organizations have in the global economy
Their duties include upholding safety standards, assisting developing nations in achieving economic stability, and defining conventions for how nations negotiate trade deals and settle disputes.
This is further explained below.
What is the global economy?Generally, The term "global economy" refers to the aggregate of all economic transactions and activities that take place not just inside a country but also between nations.
Every nation is its own self-contained entity, complete with its own unique output of manufactured goods, labor market, financial market, resources, and natural environment.
In conclusion, Their responsibilities include preserving safety standards, supporting developing countries in attaining economic stability, and creating conventions for how states negotiate trade agreements and resolve disputes.
In addition, they are tasked with assisting in the resolution of disputes.
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“Are you looking for a rewarding opportunity in management?”
The above statement is taken from a job advertisement. If Jessica is tailoring her résumé to this advertisement, which of the following words should she include, because it is most likely a keyword?
a.
looking
b.
rewarding
c.
opportunity
d.
management
Answer:
D
Explanation:
thanks for the points
correct meh if its wrong
Management words should she include, because it is most likely a keyword. In order to achieve desired goals and objectives, a person or group of people must be challenged and managed opportunity , according to the concept of management.
Furthermore, the capacity to organize, supervise, and guide people is a component of management. Business management is the organization and coordination of commercial activity. Managers of businesses keep an eye on operations and help employees be as productive as possible. By managing or opportunity new employees, a manager can help a business achieve its operational and financial objectives. Management is the art of increasing productivity as a social process, a way to accomplish tasks with the help of others.
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critically evaluate the attractiveness and challenges of the Indian food retail market to Tesco. If Tesco decided to expand into the Indian market, would the decision be justified? with pictures
Yes, If Tesco decided to expand into the Indian market, would the decision be justified as India is country of rush hours, the ready-made food could sell easily.
Evaluation of Tesco in Indian food retail marketIndia is a country with many different cultures, and there are significant differences between the various ethnic groups. There are significant differences between the rich and the poor, the highly educated and the illiterate, as well as between living standards and lifestyles.
With this in mind, a random sampling procedure would be used to collect a final sample of 250 respondents. Sample size is also influenced by time constraints, financial constraints, and the level of precision needed. Every second person leaving the hypermarket will be chosen for the study.
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tax is one example of progressive tax?
a. Property
b. Income
C. Excise
D. Sales
Answer:
Income
Explanation:
It rises with income or something like that
Problem 8-12 (Algo)
A toy manufacturer produces toys in five locations throughout the country. Raw materials (primarily barrels of powdered plastic) will be
shipped from a new, centralized warehouse whose location is to be determined. The monthly quantities to be shipped to each location
are the same. A coordinate system has been established, and the coordinates of each location have been determined as shown.
Determine the coordinates of the centralized warehouse. (Round X and 9 to 1 decimal place.)
Location
A
6
C
D
E
(x,y)
5,8
X=
8,5
8,6
8,8
6,8
Click here for the Excel Data File
The coordinates of the centralized warehouse are
[tex]\mathrm{x}^{-} \mathrm{x}^{-}=5.6, \mathrm{y}^{-} \mathrm{y}^{-}=4.8[/tex]
This is further explained below.
What is a manufacturing account?Generally, The manufacturing account provides details on all of the expenditures and costs that were spent throughout the process of preparing the items for sale in the marketplace. This comprises costs incurred throughout the process of preparing the items but does not include costs associated with the completed products.
The primary objective of compiling a Manufacturing Account is to ascertain the expenses associated with the production of completed items. It contributes to the reduction of the overall costs associated with industrial operations. After that, the funds for the expenses of completed items are sent from this account to the Trading Account.
An internal financial statement known as a Manufacturing account is used by enterprises in order to keep tabs on their production expenses, the resources that are utilized, and their inventory levels.
In conclusion, The placement of the main warehouse needs to be chosen such that it is in the center of gravity.
The following are the coordinates to use:
[tex](\frac{(2+8+8+4+6)}{ 5}),(\frac{(7+3+8+1+5}{5})[/tex]
So,
[tex]x^{-} x^{-}=28 / 5, y^{-} y^{-}=24 / 5[/tex]
in integer terms :
[tex]\mathrm{x}^{-} \mathrm{x}^{-}=5.6, \\\\\mathrm{y}^{-} \mathrm{y}^{-}=4.8[/tex]
Hence
[tex]\mathrm{x}^{-} \mathrm{x}^{-}=5.6, \mathrm{y}^{-} \mathrm{y}^{-}=4.8[/tex]
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Employees who are part of the chain of command that is responsible for achieving organizational goals.
Employees who are part of the chain of command that is responsible for Line managers (personnel). The first level of organizational management above the front-line employees is a line manager. They are responsible for their division or area of the company.
They oversee and assess each employee's contribution, performance, and development when managing one or more employees. An employee who directly oversees other workers and business operations while reporting to a senior management is known as a line manager. Supervisor, section leader, and organizational leader are comparable positions that are frequently utilized. They are tasked with achieving company objectives in a particular functional area or business sector.
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Public companies have limited liability. Is this true or false ?
Answer:true
Explanation:
Discuss how SOX affects the operations of an ERP system.
The security requirement of SOX is twofold: (1) get entry to confidential monetary facts needs to be restrained to handiest a select few authorized individuals inside the device and (2) monetary records should best be brought or edited through those legal persons to make sure that the statistics are valid.
In step with White, SOX forced public companies to address war-of-interest troubles inside the hiring of auditors by empowering audit committees to supervise the control of those auditors who had been introduced on operations.
The act implemented new guidelines for groups, inclusive of placing new auditor requirements to reduce conflicts of interest and transferring duty for the complete and correct dealing with economic reports.
To discourage fraud and misappropriation of corporate property, the act imposes harsher penalties for violators.
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If there is a drought, what would you expect to happen to farmers' revenues?
Answer: it would dry up the land leading to less growth in there plants
Explanation:
Answer:
it would get dry and they plants woudnt grow.
For which of the following situations is the taxpayer not required to file Schedule H - Household Employment Taxes?
Paid $2,000 to his or her father to help install a new fence out of the following situations is the taxpayer not required to file Schedule H - Household Employment Taxes. The correct option is D.
What is the meaning of household employer?You may be deemed a household employer if you pay wages to persons who work in or near your home. The table below contains a list of workers and whether or not they are considered home employees. A domestic employee may provide services on a temporary or part-time basis.
If you paid cash wages to a household employee who was liable to social security, Medicare, or FUTA taxes, or if you withheld federal income tax, utilize Schedule H (Form 1040).
Thus, the ideal selection is option D.
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Your Question seems incomplete most probably your full complete was:
For which of the following situations is the taxpayer not required to file Schedule H - Household Employment Taxes?
A. Paid $2,400 in wages to a friend’s niece for housekeeping services
B. Paid $2,350 in wages to a neighbor for babysitting in his or her home
C. Withheld $100 in Federal income tax from payments to his or her yard worker
D. Paid $2,000 to his or her father to help install a new fence
Identify the dangers posed by Machiavellianism.
business management theory that you identify with, incorporating real life
Management theories are a series of thoughts that advocate common guidelines for how to control an organization or business. They tackle how supervisors put in force techniques to accomplish organizational dreams and how they inspire employees to operate at their best possible ability.
What concept can be used to give an explanation for and manage the operations of the business?Operations/business management theory encompasses the strategies companies appoint to extend efficiency in operations and production. To function efficiently, corporations ought to use the least amount of resources needed and try to meet the customer's requirements to the perfect feasible standard.
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https://brainly.com/question/28072798#SPJ9Marissa is going back to work after taking 10 years off to raise her children. She is starting her job search process and is trying to write a new résumé so that she can apply to jobs. What résumé format should Marissa use?
a.
Chronological
b.
Functional
c.
Web
d.
Electronic
Answer:
functional
after ten years of not working with the company, you need to make them realise you still need the job
If sales amount to $150,000, rent expense is $2,000, utilities expense is $3,000, and net income is $55,000, how much is Cost of Goods Sold (calculate and explain)?
Answer:
COGS = $90,000
Explanation:
If sales amount to $150,000, rent expense is $2,000, utilities expense is $3,000, and net income is $55,000, how much is Cost of Goods Sold (calculate and explain)?
net income = sales - COGS - rent expense - utilities expense
do some basic algebra to get COGS by itself on one side of the equation:
COGS = sales - rent expense - utilities expense - net income
COGS = 150,000 = 2,000 - 3,000 - 55,000
COGS = $90,000
Damon is using his weekly allowance to spend on video games and movies. This week, on top of his allowance, he gets a bonus from his mother
for taking out the trash. In response, he spends more on video games and movies. In this example, we can conclude that movies are what type
of good?
Substitute
Normal
Complement
Inferior
Submit
In this example, we can conclude that movies are Substitute goods. If weekly allowance will increase than only demon spend more on video games.
What is Substitute goods?
A product or service that customers perceive to be substantially the same as or sufficiently comparable to another product is referred to as a substitute, or substitutable good, in economics and consumer theory. A product that can be used in lieu of another is known as a substitute.
Production substitutes are items that need producing less of one in order to produce more of the other. Think about good A and good B, who can replace A in a production. The supply curve for good A must move to the left if the price of good B increases.
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According to the acquired needs theory, the need for power refers to the desire to:
According to the acquired needs theory, the need for power refers to the desire to an influence or control others and have authority over others.
What is the acquired needs theory?The phrase "Acquired needs theory" is a term created by a psychologist David McClelland, the theory is also known the McClelland's Needs Theory, Three-Needs theory, Achievement Motivation Theory or Learned Needs theory.
This psychological theory is based on the notion that people's needs are acquired as they live their lives or through experiences of life. It also emphasize that the needs are derived from the reaction to the stimuli in the external environment.
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