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3 years ago

A bureaucracy is organized like a pyramid with the head of the bureaucracy at work

1 answer:

8 0

If the statement above asks if the statement is true or false. The answer of it is true. It is organized like a pyramid because it has a benefit and is another way of organizing the bureaucracy in which it could be followed and labeled, in order for it to provide proper information and to be read clearly and in an organized way.

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Suppose someone believes that if a per-unit tax is placed on the producers of good Y, the consumers of good Y will end up paying

Alex_Xolod [135]

Answer:

The correct answer is option (B) perfectly inelastic

Explanation:

It is a known facts that anytime tax is imposed on any goods at any given time, the tax falls totally on the consumers provided the elasticity of demand is zero.

Since increase in tax doesn't affect the demand for goods and services, and no matter the increment in price from the supplier, the demand remains the same. Therefore, the demand curve for goods Y is said to be perfectly inelastic.

4 0

3 years ago

True or False: In the event of the firm's bankruptcy, the most shareholders can lose is their original investment in the firm's

KATRIN_1 [288]

Answer:

The answer is true.

Explanation:

Preference or preferred shareholders are synonymous to lenders to a business or company. Preferred shares are like debt to a business. They possess the characteristics of both debt and equity and in the case of liquidation, they have to be settled first. Common shareholders are the last shareholders to settled.

3 0

3 years ago

When a supplier is restricted to operating during certain hours, which in turn limits its quantity supplied, the elasticity of s

enyata [817]

Answer:

C. less than 1

Explanation:

Supply is elastic if producers can increase output without a rise in cost or a time delay which means Price elasticity of supply is more than 1.

Supply is inelastic if producers find it hard to change production in a given time period which means Price elasticity of supply is less than 1.

When Price elasticity of supply equals 0 then supply is perfectly inelastic.

4 0

3 years ago

The BCG has given specific names and descriptions to the four resulting quadrants in its growth-share matrix based on the amount

S_A_V [24]

Answer:

low market growth, high relative market share

Explanation:

In 1970, Bruce D. Henderson created a certain growth-share matrix for the Boston Consulting group in which the cash cow was stated to be a company that operates in a slow-growing industry but with large market share.

Companies are known to love cash cows, reason being that they require minimal amount of money to maintain while the business on its own gives back much more money than one puts into it

3 0

4 years ago

If $15,000 is considered to be material to the income statement, but $25,000 is material to the balance sheet, the auditor shoul

Elanso [62]

Answer:

The correct option is d.

Explanation:

It is given that $15,000 is considered to be material to the income statement, but $25,000 is material to the balance sheet.

Material to the income statement = $15,000

Material to the balance sheet = $25000

The auditor should set overall materiality according to the income statement.

The auditor should set overall materiality at $15,000.

Therefore the correct option is d.

7 0

3 years ago