Answer:
The correct answer is c. the resulting increase in price is proportionately greater than decrease in quantity sold.
Explanation:
if supply decreases and the supply curve shifts to the left the equilibrium price is likely to increase. An increase in revenue after an increase in price would mean that an increase in price is proportionately greater than a decrease in quantity sold.
Answer: Objective
Explanation:
According to the given question, the company is only sets the main target on the basis of given requirement but does not provide any other details.
So, this organizational goals is known as the objective goals as it sets the main effective objective without providing any other details.
The main purpose of the objective goals is to developing the main policies related to sales and progress in an organization by setting the main aim of the company. Therefore, Objective is the correct answer.
Answer:
A. True
Explanation:
At the time of publishing the financial statements of the public companies under the jurisdiction of the Securities and Exchange Commission (SEC) is compulsory to hire the independent auditor or we can say Chartered Accountant (CA) so that he or she can assess the financial statement prepared by the public company whether it follows the Generally Accepted Accounting Principles (GAAP) or not.
And, according to that the independent auditor given his or her qualified or unqualified opinion
Answer:
$270,000
Explanation:
The computation of the initial outlay of the project is shown below:
The initial outlay of this project = Purchase Price of the Asset + Installation Costs + Shipping cost + Investment in Working Capital
= $200,000 + $15,000 + $5,000 + $50,000
= $270,000
We simply added the purchased price, installation charges, shipping cost and the investment in working capital so that the initial outlay could come
Answer: b) need for power.
Explanation:
Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.
To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.
