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Vikentia [17]
3 years ago
10

What role do values play in making ethical decisions?

Business
1 answer:
Lubov Fominskaja [6]3 years ago
7 0

Values play a central role in ethical decision making.It is because core values are so subjective, they will be relative to the individual who holds them. Not all individuals have the same core values and conflicts about them will often arise.

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How did the minimum wage change in october 1996? what other change occurred in september 1997?
grigory [225]
It was the declared on October 1996 to have at least a minimum wage of $4.75 per hour. A year and a month after, it was increased to $5.15 per hour.
3 0
2 years ago
Yakov lives in San Diego and runs a business that sells boats. In an average year, he receives $704,000 from selling boats. Of t
Stolb23 [73]

Answer:

Yakov's explicit costs are the monetary costs that he pays while running his business:

Payment to manufacturer: $404,000

Wages and utility bills: $286,000

Total explicit costs: $690,000

Yakov's implicit costs are his opportunity costs, in other words, the things he gives up in order to run his business:

Rent he would get for his showroom: $3,000

Wage he would get as an accountant: $20,000

Total implicit costs: $23,000

Yakov's accounting profit is equal to revenue minus total explicit costs:

Accounting profit = $704,000 - $690,000

                             = $14,000

Yakov's economic profit is equal to revenue minus total costs (the sum of implic costs and explicit costs)

Economic profit = $704,000 - $713,000

                          = ($9,000)

Despite the fact that Yakov is not earning an economic profit selling boats, as an accountant, he would give up on the $704,000 that he is been making from selling boats. For that reason, he should keep the boat selling business.

7 0
3 years ago
Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,600 monthly. The contract currently sells for $117
Tanzania [10]

Answer:

The monthly return on this investment vehicle is 1.37%

Explanation:

A perpetuity contract is one which lasts forever, It does not any time limit. Live Forever Life Insurance Co will pay $1,600 for indefinite time on today's investment of #117,000.

Monthly return will be calculated using following formula:

Present value of Perpetuity = Perpetuity Received / Interest rate

$117,000 = $1,600 / r

r = $1,600 / $117,000

r = 1.37%

Monthly return on the perpetuity is 1.37% for this perpetuity.

4 0
3 years ago
What is the purpose of a greenfield investment? to acquire an existing firm in a foreign country. to merge with an existing firm
Stels [109]

According to the Bureau of Economic Analysis (BEA), a greenfield investment is a project “where foreign investors establish a new business or expand an existing business on U.S. soil.”

4 0
3 years ago
which type of economy are individuals least likely to determine which products they consume, and why?
Ket [755]
That would be a command economy because in this economy type the government has complete control over all economic decisions. vote me brainliest :)
3 0
3 years ago
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