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madam [21]
3 years ago
7

Country a is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and

other​ groups, it has​ ________.
Business
1 answer:
eduard3 years ago
4 0
<span>Country is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and other​ groups, it has​ collectivism.
</span>In cultures in which collectivism predominates, group decisions are valued and accepted.
<span>In individualism on the other hand, the primary concern is for themselves and their families.</span>
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Economic efficiency is defined as a market outcome in which the marginal benefit to consumers of the last unit produced is equal
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Answer: true

Explanation:

Economic efficiency implies an economic state in which every resource is optimally allocated to serve each individual in the best way while minimizing waste and inefficiency.

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4 years ago
Economics is hard and I need to graduate ​
AfilCa [17]
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2 years ago
Which of the following is TRUE? *
Katena32 [7]

Answer:

increase income or decrease total expenses

Explanation:

Over budget refers to a situation where the estimated costs exceed the actual resources available or the amount allocated. Over budget is when expenses are more than allocated finances.

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7 0
3 years ago
15. Rick Barr Inc. is considering a new product line that has expected sales of $500,000 per year for each of the next 5 years.
ozzi

Answer: A.) $250,900

Explanation:

Given the following ;

Working Capital = $10,000

Salvage value = $80,000

Cost of equipment = 800,000

Tax rate = 35%

Number of useful years = 5 years

The formula for cash flow is = EBIT * (1 - tax rate) + Depreciation + Salvage Value + Working Capital released

Depreciation = (cost - Salvage value) ÷ Number of useful years

Depreciation = $(800,000 - 80,000)/5

Depreciation = $720,000÷5 = $144,000

EBIT = Sales - Variable costs - Fixed costs - Depreciation

EBIT = $500,000 - $230,000 - $100,000 - $144,000

EBIT = $26,000

Cash flow = $26,000(1 - 0.35) +$144,000 + $80,000 + $10,000

Cashflow = $250,900

8 0
4 years ago
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