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3 years ago

Suppose the demand function for good X is given by:

Business

1 answer:

fiasKO [112]3 years ago

7 0

Answer:

Explanation:

Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6

Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2

Cross Elasticity = -0.2 / 0.8 = -0.4

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Whispering Incorporated factored $164,900 of accounts receivable with Metlock Factors Inc. on a without-recourse basis. Metlock

GuDViN [60]

Answer:

The journal entries are as follows:

In the books of Whispering:

Cash A/c Dr. $151,708

Due from Metlock Ac Dr. $9,894

Loss on sale of receivable A/c Dr. $3,298

To Accounts receivable $164,900

(To record factoring of accounts receivable on without recourse)

Working notes:

Due from Metlock = $164,900 × 6%

= $9,894

Loss on sale of receivable:

= $164,900 × 2%

= $3,298

In the books of Metlock Factors:

Accounts receivable A/c Dr. $164,900

To Due to Whispering $9,894

To Financing revenue $3,298

To Cash $151,708

(To record the accounts receivable)

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3 years ago

The standard time for producing one unit of work in a job paying $12.75 per hour was set at twelve minutes. The piece rate would

aalyn [17]

Answer:

The right answer is option (A).

Explanation:

According to the scenario, given data is :

Time required for one unit = 12 Min

Payment for job = $12.75 / Hour

So, payment for job per minute = $12.75 / 60 = $0.2125 / minute

Hence, Rate per piece = rate/minute × time required for one unit

= $0.2125 × 12

= $2.55

Hence the most appropriate answer is option (A).

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3 years ago

When a company performs an activity quite well and that activity is central to its strategy and competitiveness?

Verdich [7]

<span>A core competence is an activity that a company performs quite well and that is also central to its strategy and competitiveness. A core competence is a more important resource strength than a competence because it adds power to a company's strategy and has a bigger positive impact on its competitive strength and profitability</span>

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3 years ago

What is a "highly unreasonable omission or misrepresentation involving an extreme departure from the standards of ordinary care

Vesna [10]

It is RECKLESS CONDUCT. Reckless conduct refers to a practitioner's careless act which deviates significantly from the standard of care a reasonable individual would exhibit under a similar situation. Reckless conduct is a culpable offence and is punishable under the law.

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3 years ago

Miller Inc. Is a large corporation preparing to acquire GrowIt, a start-up business. Miller has many policies and procedures bas

deff fn [24]

Answer:

by identifying the differences and developing employee's skills in conflict resolution

Explanation:

Human Resource Management is the key area for success of any organization. This is basically because managing any office is easy with good personnel employed.

Thus, training in employees on the Human Resource level, might help in overcoming any kind of conflict faced by such employees, of each of the companies.

HR personnel are responsible for satisfaction among employees, for this they have to agree on certain policies of giving compensation, appraisals and rewards. Thus, both the companies HR personnel shall involve themselves in developing the skills in employees for resolution of conflict.

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3 years ago