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galina1969 [7]
3 years ago
6

The CEO of a large automobile company says the cars the company makes are safe regardless of the fact that they lead the country

in accidents due to faulty equipment. This discrepancy highlights which of the following critical thinking principles?a) Few "truths" do not need to be tested.
b) All evidence is not equal in quality. c) Authority or expertise does not make the claims of an authority or expert true. d) Critical thinking requires an open mind.
Business
1 answer:
OleMash [197]3 years ago
8 0

Answer:

c) Authority or expertise does not make the claims of an authority or expert true.

Explanation:

It is true as the authority of any business aims to have maximum sales, for this some management works on quality of product and some management is ready to put false statements in order to increase sales and revenue.

Therefore, it is necessary to do critical thinking and no user shall violate the basic rule of critical thinking of knowing all the facts, since here it is clear that these cars lead the country to accidents due to faulty equipment.

Thus, this is the basic rule that not all the authorized statement is correct.

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Bagels and cream cheese are complementary goods. The price of flour, used to make bagels, has fallen. As a result, the equilibri
statuscvo [17]

Answer: When the price of the flour falls, the equilibrium price of the cream rises and the equilibrium quantity of the cream cheese also rises

Answer A is correct

Explanation:

if flour is cheaper, bagels are chepear so demand increases and both equilbrium price and equilibrium quantity rises

8 0
2 years ago
How much does the sky weigh?
Alona [7]

Answer: 11 billion billion pounds

Explanation:

4 0
3 years ago
Read 2 more answers
Rudyard Corporation had 110,000 shares of common stock and 11,000 shares of 7%, $100 par convertible preferred stock outstanding
Burka [1]

Answer:

$2.73

Explanation:

<em>Diluted Earnings Per Share = Earnings Attributed to Common Stockholders ÷ Weighted Average Number of Common Stockholders Outstanding</em>

where,

Earnings Attributed to Common Stockholders = $420,000

and

Weighted Average Number of Common Stockholders Outstanding = 110,000 + (11,000 x 4) = 154,000

therefore,

Diluted Earnings Per Share = $420,000 ÷ 154,000 = $2.73

Conclusion

Rudyard's diluted EPS is $2.73

7 0
2 years ago
Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced 4,000 cameras with the follo
Kobotan [32]

Answer:

Prime costs= $480,000

Explanation:

Giving the following information:

Grin produced 4,000 cameras with the following costs:

Direct materials $400,000

Direct labor 80,000

Manufacturing overhead 320,000

To calculate the prime costs we need to use the following formula:

Prime costs= direct material + direct labor

Prime costs= 400,000 + 80,000= $480,000

8 0
3 years ago
​ Jim saw a decrease in the quantity demanded for his firm’s product from 8000 to 6000 units a week when he raised the price of
Delicious77 [7]

Answer:

The demand for Jim’s product is elastic

Explanation:

In this question, we are to calculate the price elasticity of demand for the product.

We proceed as follows;

The formula for calculating elasticity of demand is

e = [(Q2 - Q1) / {(Q1 + Q2) / 2}] / [(P2 - P1) / {(P1 + P2) / 2}]

Here, Q2 = 6000

Q1 = 8000

P2 = $250

P1 = $200

e = [(6000 - 8000) / {(8000 + 6000) / 2}] / [($250 - $200) / {($200 + $250) / 2}]

e = [(- 2000) / 7000] / [(50 / 225]

e = - 1.3

That means absolute value of e is 1.3.

So, as the absolute value of e is more than 1 (i.e., 1.3), that means the demand for the product is elastic.

6 0
2 years ago
Read 2 more answers
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