Examlex

Solved

A Village Has Five Residents,each of Whom Has Accumulated Savings

question 96

Multiple Choice

A village has five residents,each of whom has accumulated savings of $50.Each villager can use the money to buy a government bond that pays 10% interest per year or to buy a year-old goat,send it onto the commons to graze,and sell it after one year.The price of the goat that the villager will get at the end of the year depends on the amount of weight it gains while grazing on the commons,which in turn depends on the number of goats sent onto the commons,as shown in table below.  Number of goats  on the commons  Price per 2-year-old  goat ($)   Income per goat  ($/year)  180302752537020465155555\begin{array} { c c c } \begin{array} { c } \text { Number of goats } \\\text { on the commons }\end{array} & \begin{array} { c } \text { Price per 2-year-old } \\\text { goat (\$) }\end{array} & \begin{array} { c } \text { Income per goat } \\\text { (\$/year) }\end{array} \\1 & 80 & 30 \\2 & 75 & 25 \\3 & 70 & 20 \\4 & 65 & 15 \\5 & 55 & 5\end{array}
Refer to the information given above.If each villager is purely self-interested,how many goats will be sent onto the commons?

Recognize the influence of personal and others' communication styles on interpersonal relations and leadership effectiveness.
Assess the role of dominance and sociability in determining communication styles.
Identify strategies for adapting communication style to improve interpersonal relations and achieve specific outcomes.
Recognize the impact of communication style on team dynamics and conflict resolution.

Definitions:

Payroll Liabilities

Financial obligations related to employee compensation, including owed wages, salaries, and other benefits, which a company must pay.

CPP Contributions

Payments made into the Canada Pension Plan by workers and employers to fund future retirement, disability, or survivor benefits.

EI Premiums

Contributions made by employees and employers to the Employment Insurance (EI) program, which provides temporary financial assistance for unemployed workers.

Related Questions