A business owner must decide whether to improve the benefits she offers heremployees. She calculates that improving benefits will cost the company an
extra $1,000 per employee each year. This could prevent her from hiring as
many new employees as she would like over the next few years. On the other
hand, better benefits will help her hire more qualified employees who will stay
with the company for longer.
The potential value of hiring more qualified employees at the cost of more
expensive benefits is an example of a(n)
A. margin
B. scarcity
C. trade-off
D. incentive

Answers

Answer 1
Answer:

Answer: C. trade-off

Explanation:

If the business owner hires more qualified employees at the cost of paying more for expensive benefits, this is considered a trade-off because she is trading higher costs for more quality.

Trade-offs arise as a result of scarcity. Since resources (money for benefits in this case) are limited, the business owner would have to trade one thing for another instead of being able to get everything she wants. The thing she will exchange will be more expensive benefits for better quality employees.


Related Questions

Advertiser Co.’s directors voted immediately after year end to double the advertising budget for the coming year and authorized a change in advertising agencies. What is the effect of this event on the year-end statements?
A large telephone company has hired lobbyists to try to persuade lawmakers to reduce governmental regulation over the telecommunications industry. Why might the company do this?a. Some regulations are costly to implement and cut into profits. b. Many regulations promote too much competition, driving down prices. c. Certain regulations result in rapid 4 growth, which some companies find difficult to handle. d. All of the above
Lezos LLC, a chain of international restaurants, has operations in more than 50 countries around the world. The company has a practice of investing in projects long enough for them to become successful. Which of the following is most likely a reason for the success of Lezos in international markets?a. human resource managementb. customer servicec. financial resourcesd. retail format development
Plateau periods are times in life when A. you should cancel your upcoming vacation. B. nothing seems to happen. C. all kinds of new things happen. D. you should maintain your current approach to life.
Which of the following statements about organic foods is true?a. They have a higher nutrient density than conventionally grown foods. b. They are cheaper than conventionally grown foods per unit price. c. all of the above d. They are grown without chemicals and other additives.

Helpppppppp❤️❤️❤️!!!!!!

Answers

The more dependents one has, the larger the deductions allowed.

Taking over a family business can help to maintain the goodwill of the customers.

Answers

Answer:

The answer is: true

Explanation:

Customers' goodwill can be defined as the relationship that develops between the customers and a business. Obviously this relationship is based on the products or services that the business sells, and many times it can become an intangible asset.

For example, no one is going to develop customer goodwill when purchasing on the internet. But some businesses create a special relationship with their clients, like a local bakery or coffee shop. When those types of family business is passed on to a son or daughter, the relationship with the customers will remain.

Answer:

it is trueeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Explanation:

trust myself g

When a coworker tells Adam that he needs to work on his cashiering skills, Adam tells her to mind her own business. Adam is displaying _______. a. constructive criticism b. acceptance c. defensiveness d. solution orientation

Answers

Answer:

C. Defensiveness

Explanation:

Correct.

Answer:

C. Defensiveness

Explanation:

Report the other answer because we're speaking English for the answers lol

Edge 2021

in 1 or 2 sentences identify a change (either increase or decrease) in supply or demand that would cause the equilibrium price to increase

Answers

Let's say that the demand for the product increases, for example more people move into the area and more people need fresh bread in the morning or more people need to use taxis in this are. If the supply doesn't increase at the same time, the equilibrium prize would increase in this case!

What is one benefit or drawback to an hourly wage

Answers

Benefit of hourly wage.
- The more hours you work the more income you earn
However when it comes to annual pay, it is most likely that the regular paid employee earn more rather than hourly paid employee because hourly paid employee doesn't have leaves to use and no work no pay.

Nicholas bought three business related books. his total bill was $150. if one book cost him 50% more than the other two books combined what was the price of this more expensive book?

Answers

Let x  = the price of the most expensive book
The cost of the other 2 books is 150 - x
Given:
x = 1.5 (150 - x)
x = 225 - 1.5x
2.5x = 225
x = 90 

The most expensive book costs $90 check:
x = 1.5 (150 - x)
90 = 1.5 (150 - 90)
90 = 1.5 (60)
90 = 90