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3 years ago

An alien drops onto the planet, and the only books he reads are horatio alger, jr., novels. the alien concludes that:

1 answer:

Alex3 years ago

7 0

The alien concludes that <span>the rags-to-riches narrative of social mobility is true and realistic.
As it turn out many considerations need to be made from the rags to riches narrative. For example, it is true that as individuals we need to work hard to achieve success in our career, but we can't deny the fact that born in wealthy family will give children a clear competitive advantage in education or ways to raise capitals for the business, which make it harder for poor people to actually become wealthy.</span>

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How do we minimize short run cost and maximize short run profits?

Oksanka [162]

In the short run, a firm that is maximizing its profits will:-

Increase production if the marginal cost is less than the marginal revenue.
Decrease production if marginal cost is greater than marginal revenue.
Continue producing if average variable cost is less than price per unit.

3 0

2 years ago

Estes Park, Inc., has declared a dividend of $6.80 per share. Suppose capital gains are not taxed, but dividends are taxed at 15

ozzi

Answer:

$113.22

Explanation:

First, we need to find the after-tax dividend;

After-tax Dividend = Dividend x (1 - t) = $6.80 x (1 - 0.15) = $5.78

Ex-Dividend Price = Stock Price - After-tax Dividend

= $119 - $5.78 = $113.22

5 0

3 years ago

What is the stock market and how does it work?

natka813 [3]

Answer:

found this off of google, "Stock markets are where individual and institutional investors come together to buy and sell shares in a public venue. Nowadays these exchanges exist as electronic marketplaces. Share prices are set by supply and demand in the market as buyers and sellers place orders."

Hope this helps, have a great day and stay safe! :) :D :3

7 0

3 years ago

Read 2 more answers

XYZ Company allocates fixed overhead costs based on direct labor dollars, with an allocation rate of $5 per DL$. XYZ sells 1,000

Anon25 [30]

Answer:

See below

Explanation:

Given that;

Price per unit = $20

Direct labor cost = $2

Direct material cost = $5

Overhead cost = $1

Fixed overhead allocation= $5 per direct labor cost = $5 × $2 = $10

Total expenses = $2 + $5 + $1 + $10 = $18

Therefore , profit margin

= Price per unit - Total expenses

= $20 - $18

= $2

6 0

3 years ago

Describe the necessary conflict between marketing managers and finance managers. Why is it necessary?

mars1129 [50]

There is necessary conflict between marketing managers and finance managers because they are constantly fighting the battle of where to spend money. Marketing departments want to use money to heavily advertise their company/product, brand themselves within the public eye, conduct research and more whereas finance managers focus soley on the budget and finances of a business. It's important for them to have conflict or each department could be overspending or underspending where necessary if they didn't hold each other accountable.

6 0

4 years ago