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solong [7]
3 years ago
10

Why is the supply curve a vertical line

Business
1 answer:
AlladinOne [14]3 years ago
5 0
In some cases, supply curves are vertical, which means that for any price from 0 up to infinity, the quantity will stay the same.

This is very true for supply of an authentic painting in auctions, where there may only be 1 single painting, and people state the highest price they are willing to pay for the painting. Regardless of the price, there will only be 1 authentic painting for that price.

Hope this helps! :)
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What do you think makes codes of conduct successful in managing industrial relations in MNEs?
poizon [28]

What makes codes of conduct successful in managing industrial relations in MNES is the standardization of a global code of conduct that incorporates a set of principles and missions that guide and motivate employees.

Well-structured codes of conduct are effective in creating a sense of belonging in the management of industrial relations in MNEs, bringing together across different corporate cultures the sense of unification and support of work.

Therefore, a global code of conduct will assist in guiding and strategically controlling the operations of MNEs, to ensure compliance with positive conduct practices in the global market.

Learn more here:

brainly.com/question/18880818

4 0
3 years ago
Bunk stores has requested a quote for a special order of bubbs. this order would not be subject to any corporate allocation (and
Nezavi [6.7K]

The minimum price that this order could be offered is at cost. Since there are no cost figures in this question, this is the best answer I can give.

You would need to at least sell the item for the amount of money it cost you to make, assemble, and ship the product.

7 0
4 years ago
On January 1, Fey Properties collected $7,200 for six months’ rent in advance from a tenant renting an apartment. Fey Properties
Leokris [45]

Answer:

A. Debit Unearned rent revenue for $1,200 and Credit Rent revenue for $1,200

Explanation:

The Journal entry is shown below:-

1. Cash Dr,                                       $7,200

         To unearned rent revenue             $7,200

(Being six month advance rent is recorded)

2. Unearned rent revenue Dr,         $1,200

 ($7,200 ÷ 6 months) × 1 month

              To Rent revenue                       $1,200

(Being rent earned is recorded)

7 0
3 years ago
An investment in the Mezzogiorno will receive a subsidized loan of $12 million from the Italian government. The loan bears an in
Murrr4er [49]

Answer:

$1.92 million

Explanation:

The value of the subsidy per year = $12,000,000 x 3% = $360,000

Now we have to find the present value of the cash flows using an excel spreadsheet and the net present value function =NPV(discount rate,series of cash flows)

discount rate = 10% (market rate)

cash flows = 8 cash flows of 360,000 each

=NPV(10%,360000,360000,360000,360000,360000,360000,360000,360000) = $1,920,573 ≈ $1.92 million

6 0
4 years ago
Occupational fraud comes in many shapes and sizes. The fraud at Rite Aid is one such case. On February 10, 2015, the U.S. Attorn
Sliva [168]

Answer:

1. To encourage various groups to come forward and report fraud, Dodd-Frank extended whistle-blowing privileges and rewards to which of the following?

D. <u>All of these are correct.</u>

2. Whistleblowers who meet the criteria are eligible to receive an award based on what was collected as a result of the monetary sanctions. This can vary from_________.

a. <u>1 to 10 percent.</u>

<u></u>

Explanation:

<em>In whistleblowing against a fraud in a company or an organization, the maximum amount which the whistleblower can receive is 10% of the money recovered (or involved) while the least amount would be 1% of the said recovered money</em>

7 0
3 years ago
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