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luda_lava [24]
3 years ago
9

Situations where an individual is required to define right and wrong conduct are termed ________.

Business
1 answer:
koban [17]3 years ago
8 0

Answer:

The right option is option b, which is Ethical dilemmas

Explanation:

Ethical dilemmas are situations in which there is a choice to be made between two options neither of which resolved the situation. It is a decision making problem which is between two possible moral imperatives.

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Differential Analysis for Machine Replacement Boyer Digital Components Company assembles circuit boards by using a manually oper
jasenka [17]

Answer:

Continue with old machine

Explanation:

                                   Differential Analysis

Continue with Old Machine (Alt.1)or Replace Old Machine (Alt.2

                                             May-04

                    Continue with Old     Replace Old           Diff. effects                                        Machine (Alt. 1)      Machine (Alt.2)             (Alt. 2)  

Revenues:    

Sale ( 5 years)   803,500             803,500                       0

Costs:    

Purchase price 0                       -105,500                  105,500

Direct materials  -274,000         -274,000                      0

( 5 years)

Direct labor        -190,000                0                       -190,000

( 5 years)

Power and          -17,500               -94,000               76,500

maintenance

Taxes, insurance  -6,500              -21,000                14,500

etc ( 5 years)

Selling and          -190,000             -190,000                0

administrative

expense ( 5 years)

Total expenses    -678,000            -684,500             6,500

Profit (Loss)          $125,500              $119,000           $6,500

Hence it is advantageous to continue with old machine. Net incremental advantage of continuing with old machine = $6,500

6 0
3 years ago
You invest $1,000 now, at an annual simple interest rate of 6%. What is the effective rate of interest in the fifth year of your
Delvig [45]

Answer:

The effective rate of interest in the fifth year is 6.15%

Explanation:

Mathematically, the effective rate of interest can be calculated as follows;

Reff = (1 + r/y)^y - 1

where;

r is the interest rate = 6% = 6/100 = 0.06

y is the period = 5 years

Substituting these values;

Reff = (1 + 0.06/5)^5 - 1

Reff = (1 + 0.012)^5 - 1

Reff = 1.012^5 - 1

Reff = 1.061457 - 1

Reff = 0.0615 which is 6.15%

3 0
3 years ago
An electric power plant uses solid waste for fuel in the production of electricity. the cost Y in dollars per hour to produce el
ELEN [110]

Answer:

The value of X that gives maximum profit is <u>15.92</u>.

Explanation:

Before answering the question, Y and Revenue (R) given in the question are first correctly restated as follows:

Cost = Y = 11 + 0.4X + 0.29X^2 .......................................... (1)

Revenue = R = 16X − 0.2X^2 .............................................. (2)

Differentiating each of equations (1) and (2) with respect to X to obtain marginal cost (MC) and marginal revenue (MR), we have:

dY/dX = MC = 0.4 + 0.58X .................................................. (4)

dR/dX = MR = 16 - 0.4X .......................................................  (5)

In production theory, profit is maximized when MR = MC. Therefore, we equate equations (4) and (5) and solve for X as follows:

0.4 + 0.58X = 16 - 0.4X

0.58X + 0.4X = 16 - 0.4

0.98X = 15.6

X = 15.6 / 0.98

X = 15.92

Therefore, the value of X that gives maximum profit is <u>15.92</u>.

5 0
3 years ago
1 pts Your friend wants to make a bet with you, and he gives you two options. If you choose Option 1, you will have an 80 percen
andrew11 [14]

A person, similar to most other people, in the situation given above will choose confirmation bias because of the loss aversion.

<h3>What is confirmation bias?</h3>

The general human tendency to decide or favor with a particular thing in such a way that there are no chances of losing, and it guarantees or confirms a benefit, is known as a confirmation bias.

Hence, options A-1; B-2 hold true regarding the confirmation bias in the given situation.

Learn more about confirmation bias here:

brainly.com/question/13044778

#SPJ1

7 0
2 years ago
Describe at least two significant technological advances you have witnessed over your lifetime. explain how they made your life
alekssr [168]
One technological advance I have experienced in detail was the conversion from Imperial to the metric system in Canada especially in the mines I worked at. The advantage was that now everything could be done in 10's like millimeters, centimeters, metres and kilometers for example. The drawback would be that I was accustomed to say with cars to use miles per gallon and I had a hard time to envisage kilometres per liter. Another innovation I experienced first hand was the development of the GPS. This made it easier to locate oneself in the field provided there was good satellite reception and at least for the handheld GPS the accuracy was only down to about +-5meters so was not exact. Only the more expensive GPS like the Trimble could zero one in with sub-centimetre accuracy.
5 0
3 years ago
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