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yarga [219]
3 years ago
5

A new website and App has been created called Buycott. A consumer can choose from boycotting companies with income inequality to

end animal testing and more. This action is a way for consumers to demand more from businesses. Refusing to buy from companies because of social or ethical standards is known as:
a. Voting with your feet.
b. Voting with your ballot.
c. Voting with your values.
d. Voting with you wallet.
Business
1 answer:
Arlecino [84]3 years ago
6 0

Answer:

Voting with your values

Explanation:

When individuals make decisions to vote or patronize a business or carry out certain actions based on how it affects their personal values, social standards and ethical considerations, this is referred to as voting with your values.

Voting with your values in the question means the decision to patronise a company is based on how such companies and what they do or stand for appeals to the consumer's personal values. If the consumer's values are in alignment with the company's tenets, then buying and selling will occur. However, no matter how good the product, a consumer may decide not to patronise the company due to divergence of values.

Values to take into consideration may include views on social responsibility, health policies among several others.

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The labor ____________ curve(s) will shift _______________ if there is an increase in productivity or an increase in the demand
Serga [27]

Answer:

Demand, to the right.

Explanation:

Because productivity has increased, and (or) the demand for final products has increased as well, workers are both more desired because they are more productive, and more needed because more final products need to be made.

This will shift the labor demand curve to the right because demand for labor will rise.

6 0
3 years ago
Kevin O’Leary suggests that Jenn and Kelley decrease the price of their product by 50% and sell 10 times as many. That is, he pr
Roman55 [17]

Answer:

The price elasticity of demand for Pursecases using the midpoint formula from this information is -2.45.

Explanation:

From the question, we have:

New quantity demanded = 60,000

Old quantity demanded = 6,000

New price = $20

Old price = $40

The formula for calculating the price elasticity of demand is as follows:

Price elasticity of demand = Percentage change in quantity demanded /

Percentage change in price ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in quantity demanded = {(New quantity demanded - Old

quantity demanded) / [(New quantity demanded + Old quantity demanded) /

2]} * 100 = {(60,000 - 6,000) / [(60,000 + 6,000) / 2]} * 100 = 163.636363636364%

Percentage change in price = {(New price - Old price) / [(New price + Old

price) / 2]} * 100 = {(20 - 40) / [(20 + 40) / 2]} * 100 = -66.6666666666667%

Substituting the values into equation (1), we have:

Price elasticity of demand = 163.636363636364% / -66.6666666666667% = -2.45454545454546

Rounding to 2 decimal places, we have:

Price elasticity of demand = -2.45

Therefore, the price elasticity of demand for Pursecases using the midpoint formula from this information is -2.45.

3 0
3 years ago
Ferguson Corporation's budgeted sales for the upcoming quarter are $900,000. Its supporting budgets and schedules show a beginni
dlinn [17]

Answer:

1. $400,000

2. $140,000

3. $56,000

4. $84,000

Explanation:

1. Budgeted gross profit = Budgeted sales - Budgeted COG sold

where, Budgeted COG sold = $480,000 + $60,000 - $40,000 = $500,000

By putting the value, we get

Budgeted gross profit = $900,000 - $500,000

= $400,000

2. Budgeted income before taxes = Budgeted gross profit - selling and administrative expenses - interest expense

= $400,000 - $250,000 - $10,000

= $140,000

3. Budgeted income tax = Budgeted income before taxes × tax rate

= $140,000 × 40%

= $56,000

4. Budgeted net income = Budgeted income before taxes - Budgeted income tax

= $140,000 - $56,000

= $84,000

8 0
3 years ago
The primary goal of a firm pursuing a blue ocean strategy should be to
Mandarinka [93]
The primary goal of a firm pursuing a blue ocean strategy should be to OFFER A DIFFERENTIATED SERVICE OR PRODUCT AT A LOW COST.<span>
<span>Blue ocean strategy is a marketing strategy which submits that leading companies can succeed not by engaging in competition with other companies but by systematically creating uncontested market space which are ripe for growth. The strategy employs simultaneous pursuit of high product differentiation and low cost, which makes competition irrelevant</span></span>
4 0
3 years ago
E24-26 Determining transfer pricing The Watkins Company is decentralized, and divisions are considered investment centers. Watki
Stells [14]

Answer:

Part 1.  

The negotiable range for the transfer price is between is $6 to $18 as the Netting division will incur loss if it sells its product below its variable cost whereas the maximum price it can transfer the product to Basketball equipment department is equal to the selling price that is $18.

Therefore, negotiable range is between for the transfer price is $6 to $18.

Part 2.  

The minimum transfer price the Netting division should consider if at operating capacity is $18.

If they are at below capacity, the minimum transfer price would be $6.

Part 3.  

The maximum transfer price the basketball equipment division should consider must be equal to the price outside vendors are charging for the same quality product that is $15.

Therefore, the maximum transfer price the Basketball Equipment Division should consider is $15.

6 0
3 years ago
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