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3 years ago

Do you agree with the argument? Should the government treat kidneys like other goods and allow the market to determine price?

Business

1 answer:

kow [346]3 years ago

8 0

Answer:

No.

Explanation:

The market should determine the price of goods and services only. The commercialization of human organs would increase the existing social inequality. This is because poor people would only be able to sell their organs, meaning they would not have the ability to buy a kidney if they needed it. On the other hand, it would increase the sale of kidneys for material survival itself, which is morally reprehensible.

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On January 1, 2018, Race Corp. acquired 80% of the voting common stock of Gallow Inc. During the year, Race sold to Gallow for $

andreyandreev [35.5K]

Answer:

Consolidated income: 954,800 dollars

Explanation:

Gallow income x race participation:

$ 204,000 x 80% = $ 163,200

The gross profit in the infra-entity transaction will be eliminated

$ 450,000 - $ 330,000 = $ 120,000 gross profit

15% remains at Gallow so: $ 120,000 x 15% = $ 18,000 gross profit for the unsold inventory.

We now multiply by Race participation: $ 18,000 x 80% = $ 14,400 unrealized gain.

Consolidated income:

Race income: 806,000

Gallo income 163, 200

unrealized gain (14, 400)

Total: 954,800

3 0

3 years ago

The manager of a shoe store noticed that mukluks were flying off the shelf in anticipation of another exceptionally cold winter.

Margarita [4]

Answer: The manufacturer, because the shoe store's revocation of its offer was too late.

Explanation:

Based on the scenario given in the question, if the store manager subsequently refuses the manufacturer's delivery on December 1, and thee manufacturer sues the shoe store for breach of contract, the manufacturer will prevail because the shoe store's revocation of its offer was too late.

According to the mailbox rule under the contract law, this is the default rule that's used to determine when an offer is considered to be accepted and when there's communication of the acceptance. In this case, the revocation is too late therefore the manufacturer will prevail.

5 0

3 years ago

A straight-line production possibilities frontier assumes Group of answer choices the more resources a society uses to produce o

liubo4ka [24]

Answer:

the opportunity cost of producing a good is constant as more and more of that good is produced

Explanation:

In the case of the production possibilities frontier i.e. on the straight line presumes that the opportunity cost for generating the good should be the similar or constant when the more and more goods are generated or produced

So as per the given options, the above statement should be selected

And, the same is to be relevant

5 0

2 years ago

Anderson Corporation has purchased a group of assets for $16,600.

Sati [7]

Answer:

C.$ 8 comma 798$8,798

Explanation:

Given,

Purchase value = $16,600

Considering the relative values

Relative value of land = $6,500

Total relative value = 6500 + 2400 + 3400

= $12,300

Using the relative value to allocate the purchased value of the land

Purchased cost of land = (6500/12300) × 16,600

= 0.53 × 16,600

= $8,798

The amount that would be debited to the Land is $8,798 Option C

4 0

2 years ago

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear.

irakobra [83]

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear increases.

If demand is elastic (price elasticity > 1), price and total sales are negatively related. In other words, an increase in price leads to a decrease in total sales.

Revenue is the amount of money generated WITHOUT subtracting the costs of business. In economics, the total sales test is a means of determining whether demand is elastic or inelastic. If an increase in price leads to an increase in total sales, demand is said to be inelastic because the increase in price does not significantly affect the quantity demanded.

Learn more about revenue at

brainly.com/question/16232387

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5 0

1 year ago

Do you agree with the​ argument? Should the government treat kidneys like other goods and allow the market to determine​ price?

Do you agree with the argument? Should the government treat kidneys like other goods and allow the market to determine price?