Answer:
Capital
Explanation:
Factor of production are defined as resources or input that are used in production process to get output.
The factors of production includes land, labour, and capital.
Although these are not part of the final product , they facilitate production.
In the given scenario Louis is planning to raise funds for her new business venture.
This is an activity aimed at raising capital for the business.
Capital is a sum of money that is used to start or run a business.
Answer:
5,000
Explanation:
Variable cost per unit = $250
Sales price would be set at twice the VC/unit
Therefore, Sales price = 2 × $250
= $500
Fixed costs = $750,000
If operating income of $500,000 or more is expected
Let the sales volume be y, then
500y - 750,000 - 250y = 500,00
250y = 750,000 + 500,000
250y = 1,250,000
y = 1,250,000/250
y = 5,000
Minimum sales volume to have an operating income of $500,000 or more is 5,000.
Inflation sometimes causes people to pay increasing capital gains tax than they ought to. When accounting for inflation, capital gains tax may rise if there was an increase in the real purchasing power of an asset when the value of the asset did not increase. If capital gains were adjusted in relation to inflation, the tax would be a zero value.
Answer:
Bank runs are bad for the bank affected and usually good for the bank's competitors
Explanation:
A bank run happens when bank depositors withdraw their money deposited due to fear of the bank's solvency.
Bank runs can work as a self fulfilling prophecy. For example, if there a rumour that a bank is insolvent and it is not, depositors would start withdrawing their monies. This would eventually lead to the bank being insolvent.
Bank runs affect other banks and can lead to the collapse of the whole financial system. Bank runs occurred during the great depression
Bank runs led to the establishment of deposit insurance. The aim of deposit insurance is to increase the confidence of depositors in banks because depositors know their deposits are insured
Answer:
The correct answer is letter "D": the costs of non-action in removing the conflict will always be higher than the cost of removing the conflict.
Explanation:
Conflicts of interest arise in organizations when the personal interest of a representative contrasts the interest of the company typically resulting in an unethical action. An example of a conflict of interest is influencing the recruitment of an applicant because the representative knows that person.
<em>In case the cost of conflict is high, even higher will be the cost of non-action in removing the conflict since it will be detrimental for the company's interest over the long run.</em>
