Answer:
The most effective advertising is very expensive and, therefore, wasteful.
Explanation:
In order for something to be considered economically wasteful it must use and dispose money carelessly.
Therefore options:
- Advertising provides consumers with price and quality information about products.
- Advertising manipulates people's tastes and can reduce competition.
Do not apply since the options do not consider the costs of advertisement.
The only option that considers the cost of advertisement is: The most effective advertising is very expensive and, therefore, wasteful. It refers to the high costs of effective advertisement, and it implies that the money is not used carefully.
Answer:
The answer to this question is c. Kathy has to pay based on a quasi contract.
Explanation:
Based on the scenario displayed above Kathy has to pay based on a quasi contract.
A Quasi contract is a contract that is created by a court order, not by an agreement made by the parties to the contract. For example, quasi contracts are created by the court when no official agreement exists between the parties, in disputes over payments for goods or services
In this case there has not been an official agreement between Kathy and the hospital, However she has to pay the bill presented to her based on Quasi contract which is created to prevent an individual to be unjustly enriched or from benefiting from the situation when he/she does not deserve to do so.
Hence the answer is c. Kathy has to pay based on a quasi contract.
Answer:
In summary, labor supply is the total hours that workers or employees are willing to work at a given wage rate. Changes in income, population, work-leisure preference, prices of related goods and services, and expectations about the future can all cause the labor supply to shift to the right or left.
Answer:
Unitary cost= $118
Explanation:
Giving the following information:
Production= 43,000
Direct materials $43.00 per unit
Direct manufacturing labor $8.00 per unit
Variable manufacturing costs $4.00 per unit
Fixed manufacturing costs $63.00 per unit
<u>The absorption costing method includes all costs related to production, both fixed and variable.</u> The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary cost= 43 + 8 + 4 + 63
Unitary cost= $118
