Answer:
Opportunity cost is a useful concept when considering alternative places for using your resources and assets. ... If he/she farms the land, the opportunity cost is the income foregone by not renting it to a neighbor.
Answer:
exhaust efforts to settle the claim.
Explanation:
The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.
The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.
The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.
As a general rule, the Equal Employment Opportunity Commission (EEOC) can only file a civil suit for a violation of the Civil Rights Act based on a claim by a discriminated employee, after it has exhausted all the efforts to settle the claim presented by a victim. Thus, before filing a civil suit for a violation of the Civil Rights Act, it's very important that the Employment Opportunity Commission (EEOC) has tried everything within its powers to settle or proffer a solution between the accused employer and the potential employee (victim).
Answer:
B. The majority of a nation's land, factories, and other economic resources are privately owned.
Explanation:
A market economy represents an economic system where the interactions of private individuals and businesses determine the pricing of goods and services as well as most economic decisions.
To this end a vast amount of the economic resources of the nation are owned by private businesses as well as individuals. These economic resources include land, buildings among others.
The market economy is based on the theory that when government intervenes in the economic activities of an organization it lead to economic inefficiencies.
Answer:
Company A
On the income statement, this transaction will show up as:
a. Loss on the sale of investments of $20,000
Explanation:
a) Data and Analysis:
Original cost of shares in 3M Company = $100,000
Investment value on 3/31/2013 = 130,000
Increase in investment value (Unrealized gain) = 30,000
Sales proceeds for the investment = 110,000
The unrealized gain of $30,000 is now reduced to a reduced gain of $10,000. The net effect is a loss on the sale of the investments of $20,000 ($30,000 - $10,000).
Answer:
$392
Explanation:
Using the simple interest formula....
A=P(1+rt)
A=350(1+(0.04)(3))
A=350(1+(0.12)
A=350(1.12)
A=350x1.12
A=392