Answer:
<u>Compromise</u>
Explanation:
Two teams in a company have a conflict over which team will work on a lucrative project . Both teams want to work on the project. Eventually, they decide to work together on the project and share the credit for its completion . In the given scenario ,<em> compromise</em> method is used to resolve the conflict.
We know that compromise is a way by which we can settle any conflict it just depend upon the person. It helps in settling differences among the two person or group of individuals.
While compromising we should always listen the words of both the parties and try to understand their saying. And try to come up with some ways , which can be used by both parties. It helps in making a balance between the parties.
Answer:
If the demand for houses increases, the wage of Wage carpenters will INCREASE and the quantity will INCREASE. Assume bricks and wood are substitute resources. If the price of bricks increases, the price of wood INCREASE and the quantity WILL INCREASE. If the government removes all regulations for becoming a dentist. The wages for dentists will DECREASE and the quantity will INCREASE. Assume a company uses two resources, workers and robots, and the MRC for each is $20. Currently the MRP of the last worker hired is $30 and the MRP of the last robot is $10. The company should INCREASE the number of workers and DECREASE the number of robots.
Explanation:
If the price of a substitute product increases, the demand of your product will increase. If the demand of a complement product increases, the demand of your product will increase. If regulations are eliminated, the supply of any good or service should increase, shifting the supply curve to the right, increasing quantity and decreasing price. A company will continue to hire labor until marginal cost = marginal revenue.
Answer:
The answer for each requiremnt is given below.
1. Accounts Payable
both debit and credit entries-credit when buying good on account and debit when paying cash against it.
2. Accounts Receivable
both debit and credit entries-debit when selling good on account and credit when paying cash against it.
3. Cash
both debit and credit entries-credit when making payments and debit when receiving cash income.
4. Fees Earned
credit entries only- as fees is earned.
5. Insurance Expense
Debit entries only - as expense is incurred.
6. Steve Campbell, Drawing
Debit entries only - when Steve draws amount from business.
7. Utilities Expense
Debit entries only - as expense is incurred.
Answer:
C. An offer and an acceptance.
Explanation:
Based on the information provided within the question it can be said that in any contract in order for it to be valid it requires an offer and an acceptance. One individual needs to declare an offer, as well as indicate all the details of the offer. Then the other individual/party needs to review the offer including all the details and decide whether to accept the terms of the contract or not.
Answer:
$245 per participant
Explanation:
total number of participants = 200
total costs for 200 participants:
- $40 per night x 3 nights x 200 = $24,000 for rooms
- $3,000 for insurance
- $6,000 for meals
total costs = $33,000
if you want to earn $16,000 in profits ($8,000 each),
price per participant = ($33,000 + $16,000) / 200 = $49,000 / 200 = $245