<span>The main assumption that has to be true for Adam Smith's theories to be valid is that everyone is acting in a way that most benefits them and nobody else. Since resources are seen as limited, people are thought to act in ways that most benefit them and nobody else. These assumptions might be valid in many cases, but the concept of charity shows that they are not always the case, and the invisible hand might be guiding people at times, but not always.</span>
A certificate of Deposit is a document whereby a bank promises to pay a payee a certain amount of money at a future time.
A record may be dependent, like tabular documents, lists, paperwork, or clinical chart, semi-dependent like an ebook or a newspaper article, or unstructured like a handwritten word. documents are sometimes classified as a mystery, personal, or public. they'll also be defined as drafts or proofs.
The purpose of a document is to facilitate the switch of records from its author to its readers. it is the author's activity to design the report so that the facts it contains can be interpreted accurately and effectively. To do that, the writer can employ a fixed of stylistic tools.
process documentation is the act of capturing or documenting all of the steps in a particular assignment. preferably, it has to happen in real-time. As employees carry out an assignment, they record every step they take.
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Answer:
target profit pricing
Explanation:
Based on the information provided within the question it can be said that the firms in this situation usually implement target profit pricing. This term refers to a method of determining how many units of a product need to be sold in order to cover the costs of production as well as achieve a set profit margin. This is usually a goal/target that is set and hoped to be achieved by the end of the year.
Answer:
- The price buyers will pay will be higher
- The tax on T shirts will cause a dead weight loss
- There will be a decrease in T shirts sold
Explanation:
In this scenario when curve for demand and is not perfectly inelastic it means that with an increase in price there is a fall in the amount of a good demanded.
So when tax is imposed on the T shirts the producers will have a higher cost of production. This is transfered to the buyer in form of higher prices.
Since the increase in price reduces quantity demanded, the buyer will buy less T Shirts at the higher price
Dead weight loss is a cost to society as a result of inefficiency non the market.
When taxes are applied supply and demand go out of equillibrum as prices are now higher. Therefore tax imposition causes a dead weight loss.
Answer:
a. $50,000
Explanation:
4,000 cards
if the spoilage units are recognized then, we will distribute the 100,000 over the 4,000 started units and the defective units will be assign to manufacturing overhead control
100,000 / 4,000 = 25 direct materials per unit
complete units 2,000 card
2,000 x 25 = 50,000
50,000
