Answer:
No, he doesn't show diminishing marginal utility. Yes, he shows increasing marginal utility for Coke.
Explanation:
The law of diminishing returns states that the marginal or addition satisfaction or utility derived from the consumption of a product increase until a pint and then starts to decrease.
Units Total utility Marginal utility
1 10 10
2 25 15
3 50 25
After 3 bottles, John does not show diminishing marginal utility as the marginal utility (as shown above) continues to increase with each additional bottle of coke consumed.
Answer:
a. take advantage of underpriced labor services available in certain developing countries.
b. gain access to special R&D capabilities residing in advanced foreign counties.
c. boost profit margins and create shareholder value.
d. avoid regulations and lower tax burdern
Explanation:
Multinational corporation is a company that operates locally in its home country and also aborad. It usually maintains a central office that coordinates business activities.
MNCs have various advantages which includes:
- taking advantage of lower priced labour in developing countries, for example some companies take advantage of cheap labour in China to produce their goods.
- when a company operates in an advanced economy it will take advantage of research and development there.
- regulations and tax burdens can be avoided by setting up manufacturing plants in countries with low regulatory policies.
- MNCs boost shareholder profits by taking advantage of their multiple locations to gain more profits.
Joann, most likely, has Point of Services type of insurance plan. There are six types of the insurance health plans that differs by their premium and benefit. The HMO plan, the PPO plan, the EPO plan, and the Point-of-Service Plan (POS) are the types of insurance plan that shares a similar benefit. However, the POS plan gives the most freedom in term of health providers. Thus, POS plan is the most suitable answer.
Answer:
Discouraged; are not
Marginally attached; are not
Employed; are
Explanation:
Those workers who have had a job in past but are currently unemployed and are not currently looking for work because they were not able to find job are called discouraged workers.
They believe they will not find a job now so have stopped looking. These workers are not included in the labor force.
Marginally attached workers are those workers who are not employed but are not looking for work because of a number of reasons such as illness, school, responsibility, etc. These workers are also not included in labor force.
Those workers who would like to have full-time job but are employed part-time are considered employed. These workers are included in the labor force.
Answer:
True
Explanation:
Richard De George is known for his work in business ethics. He discussed the conditions to permit whistle-blowing.
According to De George, whistle-blowing is permitted as moral authority when these 3 conditions are met:
1) The harm that will be done by the product [or company action] to the public is severe and considerable.
2) The engineer has told their superiors about their concern
3) The engineer has not received a satisfactory answer from their supervisors and also from other superiors and he is left with no other alternatives.
According to De George, whistle-blowing is mandatory as moral duty when these 2 additional conditions are met:
4) The engineer must have documented evidence that would convince a reasonable observer that his or her view is correct
5) There must be strong evidence that making the information public will in fact prevent the threaten serious harm.
