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Murrr4er [49]
4 years ago
10

What aspect of America were William Watts and Lloyd Free referring to when they labeled it "the country of individualism par exc

ellence"?
Business
1 answer:
Murljashka [212]4 years ago
7 0

Answer:

The emphasis that Americans place on economic self-reliance and free markets

Explanation:

The United States was founded under the principles of liberalism, whether legal, political, or economic.

In America, most people believe that free markets are the best way to organize the economy of a country, and that individual self-reliance can result in personal economic success.

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Answer:

Yes because a person with a lower income may tend to spend a greater share of his income on gasoline

Explanation:

For example, if a low income individual earning $1000 and a high-income person who earns $2000 each purchase 12 gallons of gasoline, the taxes on this purchase will consume a larger portion of the low-income person’s earnings than that of the high-income person. Assuming a tax rate of 5% of earnings multiplied by 12 Gallons.

Low income individual earnings after tax deductions= $400

High income individual earnings after tax deductions= $800

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Answer:

Which product would result in the highest contribution margin - Product Beta

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To determine which product to manufacture, Sam has to rank the Contribution per unit of the limiting factor - labor of Product Alpha and Product Beta

Contribution per limiting factor are already calculated as:

Product Alpha -  $750 per unit of limited resource

Product Beta - $975 per unit of limited resource

The Product with Highest Contribution per limiting factor results in highest contribution margin and must be worked on first

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3 years ago
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The ____ the proportion of the final product that suppliers provide, the _____ the impact they will have on overall product cost
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The larger the proportion, the greater the impact they will have on overall product cost and quantity.

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True or false: every sigma chi committee, including the executive committee and education and leadership board, have at least on
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