Answer: The the minimum price that would induce this company to produce the 601st heart rate monitor is <u>$70</u>.
Explanation: The marginal cost of producing one more unit is equal to 30070 - 30000 = 70.
A company produces to the point where the price is equal to the marginal cost. In other words, the cost of producing one more unit does not exceed the benefit to be obtained from the sale of one more unit.
Answer: Option C
Explanation: In simple words, expenditures refers to the outflow of resources by an organisation for creating some service or good.
In the given case, the fund operated by the city of crescent billed them $30,000 and this outflow of money is made with the objective of providing support to the other departments.
Hence from the above we can conclude that this is an expenditure.
Answer:
violates the Foreign Corrupt Practices Act.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
The Foreign Corrupt Practices Act (FCPA) is a federal law of the United States of America that explicitly prohibits its citizens and business firms from engaging in bribery of foreign of foreign government officials in order to gain favors or profit their business. This Act was enacted by the 95th US Congress and signed into law by President Jimmy Carter on the 19th of December, 1977.
In this scenario, a United States firm recently won a large contract to provide Malayalam government officials with American cars and a promise of additional monetary gifts. Hence, this procedure clearly violates the Foreign Corrupt Practices Act of 1977.
Answer:
in food they provide day-to-day nutrients that the body needs in order to function
Explanation:
He is describing his company’s competitive advantage. This
is the capability of an organization to produce goods or services more successfully
than its competitors, by this means outperforming them. It also allow a company
or country to produce a product or service at a lower price. These conditions let
the productive entity to produce more sales or larger margins than its competition.