Answer:
C. That Mr. Parnell knew that the product was contaminated before shipment occurred
Explanation:
Answer:
As factors of production, the reward for land is rent, capital is interest, labour is wages and salaries and entrepreneur is profit.
Answer:
$2 trillion
Explanation:
In a closed economy GDP is $12 trillion
Consumption is $8 trillion
Government spending is $2 trillion
Taxes is $0.5 trillion
Therefore the investment spending can be calculated as follows
= $12 trillion - $8trillion-$2trillion
= $2 trillion
Hence investment spending is $2 trillion
Answer:
The correct answer to the following question will be Option B (Moral hazard).
Explanation:
Moral hazard happens whenever one individual takes further chances as the responsibility of such consequences rests with somebody else.
- Fred suffered from some kind of blockage of the nasal tissues that could have been resolved for around 2 months either by a procedure and via medical attention. Fred's doc warned him plainly the problem wasn't serious so he doesn't need an operation.
- However, Fred concentrated on either the blockage becoming surgically removed, becoming mindful that his private policy would fund the full cost of this operation.
The other given options are not related to the given scenario. So that the condition outlined here could be related to the "Moral hazard" issue.
Answer:
$180,000.
Explanation:
The Guaranteed direct labor cost to be recognized by the company is the cost of labour incurred directly in the course of production.
From the cost group given, the cost of plant supervisor, corporate executives, and security guards are all indirect cost.
The only direct cost for this company is the assembly-line workers cost at $180,000.
