Answer:
1. $1000 (sale price) - $800 (Dealer price) = $200
2. $200 * 10 sculptures = $2000 of total value added
Explanation:
STEPS
1)The artist pays $5,000 for the intermediate goods (scrap metal) and sells the finished goods (10 sculptures) for $1 comma 1,000 each.
The value added for the artist equals $3000
2)The art dealer pays $800 for the intermediate goods (sculptures) and sells the finished goods (sculptures) for $1000 each. Calculate the difference between the price the dealer paid for the sculptures and the amount for which the dealer sold the sculptures.
3) $1000 (sale price) - $800 (Dealer price) = $200
4) $200 * 10 sculptures = $2000 of total value added
Vicarious liability.
In vicarious criminal liability, an officer of a corporation may be held liable for the acts of an employee because, under this doctrine, the employee acted for the benefit of and in action under the officer. This authority and relationship allows a plaintiff to allege liability and wrongdoing to the officer, in addition to the culpable employee.
Answer:
Option a=> increase.
Explanation:
The cost of choice is the simplest definition of opportunity cost. So, let me explain what I mean by that for instance now, assuming you have 100 United States Dollar with you, and need to save up maybe you want to buy something at the end of the year. Then, a financial institution, a bank wants to give you 10% interest when you save with them that is to say at the end of the year, you get $110 but you decided not to put your money in bank but instead keep it in a corner in your house. What is forgone in order to get another thing is called the opportunity cost.
When the opportunity cost of going to medical school decreases for many individuals after ten years, the equilibrium wage for doctors will INCREASE.
Answer:
D. quantitative, understandable, realistic, compatible, obtainable
Explanation:
Objectives are realistic goals to achieve, through which you want to achieve through a project. Its definition will identify the path to follow, for which it must be clearly defined and for this it is necessary to identify its purpose and then adjust it to reality and time.
Answer:
André de Ruyter is the CEO
