b. Theory Z
c. Theory Y
d. Theory X
The described management style is Theory X, associated with Douglas McGregor. It assumes employees inherently dislike work and require coercion or threats to achieve goals, promoting an autocratic style. This contrasts with Theory Y and Z.
The perspective in the question describes Theory X management, which is attributed to Douglas McGregor. Theory X assumes that employees inherently dislike work and will avoid it if they can. Therefore, they must be coerced, controlled, or threatened with punishment to achieve goals. This theory promotes a more autocratic style of management, contrasting with Theory Y, which assumes employees are generally self-motivated, seek responsibility, and apply creativity to their jobs.
To put it in context, Theory Z, an alternate management style introduced by William Ouchi, integrates a large degree of worker involvement and is not mentioned in the question. Theory A does not exist in widely accepted management theories.
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THE ANSWER IS TRUE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Major-league baseball clubs can be considered profit-maximizing monopolies if they operate in the elastic portion of their demand curve, as suggested by Alexander (2001). This is a relevant test because if a firm is operating in the elastic portion of the demand curve, it can raise its price and increase profit. Revenue is maximized when elasticity equals minus−1 . Thus, the correct answer is option A.
According to Alexander, if a firm is operating in the elastic portion of its demand curve, it is likely to be a profit-maximizing monopoly. This is because the firm can raise its prices and still increase its profit, as demand is more sensitive to price changes in the elastic portion of the curve.
If a baseball club were maximizing revenue, the elasticity would be -1. This means that the club would need to set its price at a point where a small increase in price would lead to a proportional decrease in demand. This would enable the club to maximize its total revenue.
Therefore, based on Alexander's test, it can be argued that major league baseball clubs are profit-maximizing monopolies, as they have significant control over ticket prices and operate in the elastic portion of their demand curve.
To know more about monopolies refer here:
brainly.com/question/29765560#
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Complete Question:
Are major-league baseball clubs profit-maximizing monopolies? Some observers of this market have contended that baseball club owners want to maximize attendance or revenue. Alexander (2001) says that one test of whether a firm is a profit-maximizing monopoly is to check whether the firm is operating in the elastic portion of its demand curve (which he finds is true).
Why is that a relevant test? What would the elasticity be if a baseball club were maximizing revenue?
A. If a firm were operating in the elastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals minus−1.
B. If a firm were operating in the inelastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals minus−1.
C. If a firm were operating in the elastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals 0.
D. If a firm were operating in the inelastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals 0.
Answer:
Explanation:
Student has X amount of $1 bills and Y amount of $5 bills. At the same time, it is equal to $44 and 16 in terms of quantity. We can make an equation:
$1*X + $5*Y= $44 AND X+Y=16 ⇒ X=16-Y
16-Y+5Y=44
16+4Y=44
4Y=28
Y=7
X=16-Y=16-7=9
So, 9 bills of $1 and 7 bills of $5
B.)Low-Income
Answer:
Regressive, Lower-income
The full question is "With a [direct/progressive/proportional/regressive] tax, the tax rate decreases as income increases. [Lower-income/Higher-income] individuals bear a greater burden with this type of tax.
Explanation:
answer in edmentum