1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vinil7 [7]
2 years ago
7

What is one counter-argument to the premise that the wealth gap is a serious problem which needs to be addressed? the lower clas

ses have the opportunity to invest. poor people can easily move into the middle class. investments by the upper class create lower-class jobs. buying power sharply increases for the working class.
Business
1 answer:
VladimirAG [237]2 years ago
5 0

The investments by the upper class that creates lower-class jobs is the counter-argument on wealth gap that needs to be addressed.

<h3>What is a wealth gap?</h3>

This refers to the gap that classifies the group of people based on their earned income and wealth.

The statement that "Investments by the upper class create lower-class jobs" need to be addressed because it is a true statement about the condition of every economy.

Therefore, the Option C is correct.

Read more about wealth gap

<em>brainly.com/question/2987205</em>

You might be interested in
If a company selects either of Project 1 or Project 2 (or both), then either Project 3 or Project 4 (or both) must also be selec
Eva8 [605]

Answer:

b. X1 + X2 ≤ X3 + X4

Explanation:

b. X1 + X2 ≤ X3 + X4

The situation tells us that the sum of both 1 and 2 must be equal to the sum of 3 and 4 which is true, because if both projects 1& 2 are selected then the both projects 3 & 4 must also be selected.

The rest of the choices are wrong because

a. X1 + X2 ≤ 2(X3 + X4)

The sum of projects 1& 2  is not less than 2 times sum of projects 3 & 4 .

c. X1 − X3 = X2 − X4

If we leave project 3 then project 4 cannot be left out.

d. X1 + X2 + X3 + X4 ≤ 2

any two projects out of the four cannot be chosen. 1 must be chosen from 1&2  and the other from 3 &4.

4 0
3 years ago
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for ​$14​, a second lawn for ​$17​
Crazy boy [7]
<span>14 + 17 + 24 = 55 24 + 24 + 24 = 72 Producer Surplus = $17 Tim makes $17 more than he is initially willing to charge, thus a surplus of 17. 33 + 26 + 24 = 83 24 + 24 + 24 = 72 Consumer Surplus = $11 The customers pay $11 less than they are initially willing to pay, thus a surplus of 11. Everybody wins, yay capitalism</span>
3 0
3 years ago
Material 1 costs $7 a pound, material 2 costs $5 a pound, and labor costs $15 per hour. Product A sells for $101 a unit, product
Umnica [9.8K]

Answer:

Some answers are attached below

Explanation:

We need to maximize profit -

Selling prices for A,B,C are given; Costs of materials 1,2 and labor are given.

Also given is that 1 unit of each product A,B,C requires certain units of material 1, material 2 and labor based on the table provided.

Profit for 1 unit of A = Selling Price - Cost = 101 - [(7*3)+(5*2)+(15*4)] = 10 $

Profit for 1 unit of B = Selling Price - Cost = 67 - [(7*1)+(5*4)+(15*2)] = 10 $

Profit for 1 unit of C = Selling Price - Cost = 97.5 - [(7*5)+(5*0)+(15*3.5)] = 10 $

LP Formulation

Maximize profit Z = 10A+10B+10C

subject to Constraints

3A+B+5C<=300 ----> Material 1 constraint

2A+4B<=400 ---->Material 2 constraint

4A+2B+3.5C <=200 ----->Labor

C>=10 -----> Product C Demand constraint

A,B,C>=0

Below is the solver solution and formulation table from Excel -

Maximum profit = 925 $

8 0
3 years ago
In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the n
borishaifa [10]

Answer:

In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the next step is to match the most promising new technologies with current economic opportunities.

6 0
3 years ago
Read 2 more answers
Great Eastern Rectangle (GER) currently has 970,000 shares of stock outstanding that sell for $29.25 per share. Assuming no mark
Nina [5.8K]

Answer:

Please see attachment

Explanation:

Please see attachment

3 0
3 years ago
Other questions:
  • The portion of planned aggregate expenditure that is independent of output is called ______ expenditure.
    5·1 answer
  • At December 31, 2020 Marigold Corp. had 305000 shares of common stock and 9600 shares of 6%, $100 par value cumulative preferred
    5·2 answers
  • On Friday Huron Investments stock closes at $5.35. The Huron Investments 8.125% Convertible debenture maturing September 13, 204
    6·1 answer
  • Supplies on hand at October 31 total $500. Expired insurance for the month is $100. Depreciation for the month is $50. Services
    6·1 answer
  • Which of the following is not usually a right or attribute of preferred stock? a. Having a priority claim in liquidation relativ
    7·1 answer
  • Crop-share lease is a kind of land lease, where a specified percentage of the crop is paid to the land owner for use of the land
    9·1 answer
  • A company purchases new equipment for $90,000 cash on August 1, 2021. At the time of purchase, the equipment is expected to be u
    10·1 answer
  • Required information
    15·1 answer
  • Share Issuances for Cash Finlay. Inc., issued 8.000 shares of $50 par value preferred stock :u $68 per ~hare and 12.000 shares o
    9·1 answer
  • Marshmallow, inc., accounted for an investment in sweet wheat cracker co. using the equity method. during the current year, mars
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!