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3 years ago

Which of the following is the number of people receiving Social Security payments? 55 million 58 million 66 million 71 million

Business

2 answers:

SVETLANKA909090 [29]3 years ago

3 0

the answer is 66 million people

SSSSS [86.1K]3 years ago

3 0

Answer: 66 million

Explanation:

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What is the connection with the company Unocal and the Country of Burma?

balu736 [363]

Answer:

Unocal was attracted to Burma for several reasons. First, labor was cheap and relatively educated. Second, Burma was rich in natural gas resources. Third, Burma was an entry point into other international markets, particularly in and around Southeast Asia. Finally the political environment was extremely stable.

Explanation:

5 0

2 years ago

A firm with a production function Q = KL (where K is units of capital and L is units of labor) has an expansion path that is giv

Charra [1.4K]

Answer:

C. 120

Explanation:

The computation is shown below:

(L × K)

<u>Labor L Capital K Quantity of Output Q Total cost TC</u>

1 2 2 $40

2 4 8 $80

(2 × $20 + 4 × $10)

3 6 18 $120

(3 × $20 + 6 × $10)

4 8 32 $160

(4 × $20 + 8 × $10)

As we can see that if we considered 3 units of labor so the total cost is $120

Hence, the correct option is c.

4 0

3 years ago

Effective corporate governance is essential in large corporations because corporate ownership (by shareholders) is separated fro

nalin [4]

Answer:

False

Explanation:

Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.

Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?

7 0

2 years ago

Read 2 more answers

Suppose you know that the price elasticity of demand for your product is 0.5, and you are thinking about raising your price by 8

satela [25.4K]

Answer: Option (c) is correct.

Explanation:

Given that,

Price elasticity of demand = 0.5

Percentage increase in price = 8%

Price elasticity of demand = $\frac{Percentage\ change\ in\ quantity\ demanded}{Percentage\ change\ in\ price}$

0.5 = $\frac{Percentage\ change\ in\ quantity\ demanded}{8}$

Percentage change in quantity demanded = 0.5 × 8

= 4%

Therefore, if the price rises by 8% then as a result quantity demanded decreases by 4%.

4 0

3 years ago

You invested $29 comma 000 in two accounts paying 2 % and 5 % annual interest, respectively. If the total interest earned for

Korolek [52]

Answer:

Amount invested in account paying 2% = $17,000

Amount invested in account paying 5% = $12,000

Explanation:

Total amount invested = $29,000

Total Interest earned = $940

Let the amount invested in account paying 2% interest be 'x'

Therefore,

the amount invested in account paying 5% interest will be '$29,000 - x'

Now,

( 2% of x ) + [ 5% of ( $29,000 - x)] = $940

0.02x + 1450 - 0.05x = $940

- 0.03x = $940 - $1450

- 0.03x = - $510

x = $17,000

Hence,

Amount invested in account paying 2% = $17,000

Amount invested in account paying 5% = $29,000 - $17,000 = $12,000

5 0

2 years ago