A mutual fund in which shares are issued only when the fund is organized is called a(n) _________

A high Power Distance Index score implies that the people who hold power in a country are entitled to privileges.

ladessa [460]

Answer:

a. True

Explanation:

The Power-Distance Index refers to the relationship and interaction between a high ranking individual and a low ranking individual. The index depends on how a low ranking individual reacts to a high ranking individual.

It measures the degree where the members of a society or group accepts the hierarchy of the power and the authority.

Thus according to the high power distance index score, individuals with high power are entitled to number of privileges in a country or in society.

Hence the answer is TRUE.

8 0

3 years ago

Enrique was given an employment test that measured his desire to work hard and perform well at his job. This is an example of wh

UNO [17]

Answer:

The correct answer is personality.

Explanation:

Questionnaires or personality tests have been designed for the evaluation of an individual's personality. From all the definitions of personality we can conclude that personality is a construct that gives unity to all the psychological manifestations of man. These manifestations can be directly observable or external (body movements) such as indirectly observable or internal (thoughts, emotions, values, etc.).

6 0

3 years ago

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For a price-taking firm, marginal revenue Select one: a. is the addition to total revenue from producing one more unit of output

Ksju [112]

Answer: Option (e) is correct.

Explanation:

Correct Option: both a and c

Marginal revenue is the amount that is added to the total revenue, this amount is created due to an additional unit of output produced by the firm.

Price taking firms are the firms which operates in a perfectly competitive market. In this type of market condition, prices are determined by market forces. Hence, the constant prices will result in unchanged marginal revenue and thus it is horizontal to the x-axis at any given price level. Price level remains the same at any level of output.

7 0

3 years ago

Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $297,000, total variable expenses were $222,750, an

nika2105 [10]

Answer:

Results are below.

Explanation:

Giving the following information:

Sales in units= 42,000

Total sales= $297,000

Total variable expenses= $222,750

Total fixed expenses= $36,900

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (sales - total variable cost) / sales

contribution margin ratio= (297,000 - 222,750) / 297,000

contribution margin ratio= 0.25

<u>Now, the effect on the income of an increase in sales:</u>

Effect on income= contribution margin ratio*increase in sales

Effect on income= 0.25*1,800

Effect on income= $450 increase

7 0

3 years ago

What type of professional service engagement was the assignment completed by the team of auditors led by Katelyn Light? Defend y

guajiro [1.7K]

Answer:

Consulting service was completed by team of auditors led by Katelyn light.

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3 years ago

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A mutual fund in which shares are issued only when the fund is organized is called a(n) __________ fund.