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VLD [36.1K]
3 years ago
14

Which of the following would be considered an example of rent seeking? A. lobbyists securing spending policies that benefit thei

r cause at the expense of taxpayers B. politicians trading favors that do not benefit the mass populace of voters C. when overregulation prevents the introduction of new drugs that could help critically ill patients D. when economically justifiable programs are rejected because the benefit isn't immediately seen
Business
1 answer:
maks197457 [2]3 years ago
4 0
I think the correct answer would be politicians trading favors that do not benefit the mass populace of voters. Rent seeking is a practice that involves the use of public policy in order to get benefit from it like increasing their benefits in the expense of other. This oftentimes done by a number of politicians.
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What system is based on the supply and demand of goods to make a profit?.
Whitepunk [10]

Answer:

B : market economy

Explanation:

4 0
2 years ago
As indicated in the chapter, return on investment (ROI) is well entrenched in business practice. However, its use can have negat
Juliette [100K]

Answer:

ROI = net profit / total investment

1. What is the current return on investment (ROI) being realized by your division

  • ROI = $625,000 / $4,150,000 =  15.06%

2. What would happen to the near-term ROI of your division after adding the effect of the new investment?

  • ROI = ($625,000 + $50,000) / ($4,150,000 + $550,000) =  14.36%

If you carry out the new project the ROI of your division will decrease.

3. As manager of this division, given your incentive compensation plan, would you be motivated to make the new investment?

  • Even though the new project's return (9.1%) is considered acceptable by upper management, you will probably reject it since it will decrease your division's total ROI. When managers are assigned bonuses based on certain achievements, reducing your profitability ratio will probably result in no bonus.
6 0
3 years ago
For every decision you make, there is a trade-off.<br><br><br> true or false
olga2289 [7]
I believe the correct answer is true. <span>For every decision you make, there is a trade-off. A decision is always accompanied by two choices. One of these choices is the better. Every choice has its own advantage and disadvantage so that a trade off will always be present. Hope this answers the question.</span>
6 0
3 years ago
Read 2 more answers
Delta Manufacturing has budgeted the following unit sales: 2019 Units April 25,000 May 40,000 June 60,000 July 45,000 Of the uni
Greeley [361]

Answer:

The budgeted sales for coastal division for second quarter 2019 is $750,000

The budgeted sales for central division for second quarter 2019 is $900,000

Explanation:

Coastal division sales budget for the second quarter 2019

Months         Quantity sold                            price              total revenue

April            25,000*40%=10,000                  $15                  $150,000

May             40,000*40%=16000                    $15                  $240,000

June            60,000*40%=24000                   $15                  $360,000

Total coastal division budgeted sales for second quarter    $750,000

Central division sales budget for the second quarter 2019

Months         Quantity sold                            price              total revenue

April            25,000*60%=15,000                     $12                  $180,000

May             40,000*60%=24,000                    $12                  $288,000

June            60,000*60%=36,000                    $12                  $432,000

Total coastal division budgeted sales for second quarter    $900,000

8 0
3 years ago
Read 2 more answers
The beginning capital balance shown on a statement of owner's equity is $80,000. Net income for the period is $35,000. The owner
jonny [76]

Answer:

Correct option is (B)

Explanation:

Given:

Beginning capital = $80,000

Net income = $35,000

Drawings = $18,000

Net income is added to opening capital and deduct drawings to arrive at capital balance at the end.

Capital at the end of the year = opening capital + net income - drawings

                                                 = 80,000 + 35,000 - 18,000

                                                 = $97,000

7 0
3 years ago
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