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Vikki [24]
3 years ago
7

Consider the stock of ocean tuna which is massively overfished. it is rational for an individual to exploit the resource rather

than to conserve the stock because
Business
1 answer:
Aleksandr [31]3 years ago
3 0
<span>Ocean Tuna is massively overfished even though there is already an abundant supply. The reason for this is that it cost less to harvest the fish than it does to maintain a stock of the fish. This answer however, is still debated by some experts who argue that this method is not healthy for our oceans.</span>
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The Grange is a firm in a monopolistically competitive market that sells farm implements. The firm collected the data below to d
ser-zykov [4K]

Answer:

The profit-maximizing price is $14, and the profit-maximizing quantity is 8.

Explanation:

This is because for a monopolistically competitive firm, the profit-maximizing quantity occurs where marginal revenue equals marginal cost. What the firm does is looking for the point in the demand curve that is exactly above the marginal cost-marignal revenue intersection, and charges the corresponding price and quantity.

We can see that for the quantity of 8, and the price of $14, both marginal revenue and marginal cost are $8, meaning that these are the quantity and price that are profit-maximizing.

5 0
3 years ago
Many of today’s ____________________ systems concentrate on hiring and managing existing employees to get the total potential of
maxonik [38]

Answer:

The correct answer is: Human Resource Management

Explanation:

To begin with, the<em> Human Resource Management Systems</em> are the ones that focus on the managing of the human factor inside the organization with the purpose of making easier the processes of hiring, collecting data and more. So therefore that this systems concentrate on hiring and managing existing employees to get the total potential of the human talent in the organization by having a better and more organized place in where the managers can deal with those issues and other stuff related to that.

7 0
3 years ago
Janie has a joint account with her mother with a balance of $569,000. Based on $250,000 of Federal Deposit Insurance Corporation
blondinia [14]

319,000$ of Janie's saving would not be covered under the deposit insurance scheme.

Explanation:

The Federal Deposit Insurance Scheme (FDIC) has been in the market for more than two and a half decade. It is involved in deposits insurance of the customer's savings at various banks.

The standard amount to be insured by the bank for a single depositor is 250,000$. Even for a joint account holder, the amount remains the same.

Since the Jamie co-holds the account with her mother and she has a savings of 569,000$

hence only 250,000$ of her savings would be insured by the FDIC.

Rest amount 319,000$ (569,000$-250,000$) remains un-insured.

4 0
3 years ago
The following transactions are for Blossom Company.
Marizza181 [45]

Answer:

A. Dec 3

Dr Account receivable $521,000

Cr Sales revenue $521,000

Dr Cost of goods sold $334,400

Cr Merchandise inventory $334,400

Dec 8

Dr Sales return and allowance $30,700

Cr Account receivable $30,700

Dec 13

Dr Cash $475,591

Dr Sales discount $14,709

Cr Account receivable $490,300

B. Jan 2

Dr Cash $490,300

Cr Account receivable $490,300

Explanation:

A. Preparation of the journal entries to record these transactions on the books of Blossom Company.

Dec 3

Dr Account receivable $521,000

Cr Sales revenue $521,000

(To record sales)

Dr Cost of goods sold $334,400

Cr Merchandise inventory $334,400

(To record cost of goods sold)

Dec 8

Dr Sales return and allowance $30,700

Cr Account receivable $30,700

Dec 13

Dr Cash (490,300*97%) $475,591

Dr Sales discount $14,709

(490,300*3%)

Cr Account receivable ($521,000-$30,700) $490,300

B. Preparation of the journal entry to record the receipt of payment on January 2.

Jan 2

Dr Cash $490,300

Cr Account receivable $490,300

($521,000-$30,700)

(To record the receipt of payment)

8 0
2 years ago
Selena works as a salesperson at a book store. She often has to deal with impatient customers who grumble when she takes a littl
Dafna1 [17]

Answer:

Resilience

Explanation:

Selena exhibit resilience, that is, the ability to recover quickly from difficult situation.

Resilience is the ability of an individual to recover and bounce back from difficult like situation.

Selena as a salesperson often have encounter with difficult Customers who complains and grumbles about her services but she doesn't allow the situation affect her in a negative way such that she will be rude or shout back at the Customer. Instead, she always ensure there is a smile on her face and behave politely with everyone.

Selena is exhibiting the good characteristics of a salesperson who always ensure customers satisfaction at all time. She follows the popular saying which says "Customers are always right".

8 0
3 years ago
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