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3 years ago

Which statement describes an opportunity cost that could result from the government regulating businesses?

1 answer:

5 0

The best answer is C) Government regulations can lead to an increase in production costs.

One opportunity cost of government regulation is the fact that government regulation often causes companies to change their production in ways that make it less efficient and more costly, although the idea that the benefits to society outweigh these costs.
<span>
A) is not negative and not necessarily an effect of regulation
B) is not negative</span>

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William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involve

Setler79 [48]

Answer:

Hence the answer is a corporation.

Explanation:

William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involves time travel their clients may be harmed during a small but significant portion of the travels. Consequently, William and Theodore would like a business form that will shield both of their personal wealth from any legal claims that the firm might be subject to after one of the travel mishaps. If William and Theodore are the only investors in this U.S. domiciled firm, which legal form of organization would be best for Excellent Adventures to protect both William and Theodore as a corporation.

A corporation may be a large company or group of companies authorized to act as one entity and recognized intrinsically in law

3 0

3 years ago

In the global arena, the use of corporate codes of conduct to address labor issues is a lot like the use of ____________________

Whitepunk [10]

Answer: Option (D)

Explanation:

Human resource management is referred to as the terminology which is used in order to elaborate the strategic proposal to compelling management of the individual in an organization so as these individual assists the organization to gain an advantage. It is known to be constructed in order to maximize the individuals performance.

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3 years ago

Jack Barnes is the CEO of Graphics Prints and Art, Inc. Jack was scheduled to take an important customer on a hunting trip for t

Norma-Jean [14]

Answer:

The answer is: DEPENDS, more information is needed

Explanation:

More information is needed about the refunding or rescheduling policies of the company that rented the hunting lodge in order to make a decision on this case.

If there was no possibility of refunding of rescheduling, then Jack probably made the right decision. The company had already paid for the trip and the client cancelled the trip, not Jack. Jack probably needs to inform the board about his actions, but I find them not only correct but also logical.

But if the company could have rescheduled the trip or get their money back, then Jack acted improperly. He is not the company, not even Steve Jobs could decide freely over Apple. What he did was wrong and his power to make decisions should be revised and control systems should be established.

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3 years ago

If Congress and the president want to keep real GDP at its potential level in 2021, they should use an expansionary fiscal poli

Nataly_w [17]

Answer:

a) increasing government spending or cutting taxes

Explanation:

Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:

1. Expansionary fiscal policy: These are government policies which involves increasing government spending or cutting taxes. Decreasing taxes increases disposable income and increases consumption spending.

Increasing government spending increases money supply which increases consumption spending.

2. Contractionary fiscal policy: These are government policies which involves decreasing government spending or increasing taxes.

Monetary policy are policies enacted by the Central bank to achieve certain macroeconomic objectives.

I hope my answer helps you

4 0

3 years ago

On July 1, Sterns Co. acquired patent rights for $36,000. The patent has a useful life of 6 years and a legal life of 15 years.

Komok [63]

Answer:

Dr Amortization Expense $3,000

Cr Patents $3,000

Explanation:

Preparation of the journal adjusting entry on December 31 to recognize the amortization.

Dec. 31

Dr Amortization Expense $3,000

Cr Patents $3,000

(To record Amortization)

Amortization=(Patent rights/Useful life)*6/12

Amortization=($36,000/6)*6/12

Amortization=$3,000

(July 1 to Dec 31 =6months)

8 0

3 years ago