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3 years ago

7

You work for a local convenience store. At the end of 2nd shift, 11PM, any foods in the heated kiosk are to be discarded. Money

is tight since your hours have been reduced. You decide to take the leftover food home. Is the decision moral?

1 answer:

Yuliya22 [10]3 years ago

4 0

Well this is a good question I think its not

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Who owns the factors of production?. A. individuals. B. households. C. firms. D. the market.

notka56 [123]

I will go with letter B. households for this item. This is because the manufacturing of the products is primarily based on the needs of the households. The different parts of the households may dictate which products are currently in demand.

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4 years ago

If no harm results from an allegedly negligent act, there is no liability.

mixas84 [53]

The answer to your question is False

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3 years ago

The textile industry in a foreign country is controlled by four major companies. Last week, one of the companies decided to cut

Cerrena [4.2K]

Answer: e. They will make similar price cuts.

Explanation:

In an Oligopoly, there are few Firms in the market and as such if they colluded, they could control the market.

They rarely do however due to the legal and operational complexities of such a move so they exist in a sort of state where all the firms charge a set price and avoid changing this.

This is because if one firm increases price, they will lose market share.

If another firm reduces price, they might be able to capture more Market share so all the other firms reduce price as well to maintain their market share. This latter scenario would see them all maintain market share but have less profit due to charging less.

I digressed.

When a firm in an Oligopolistic Market reduces price, the other firms follow suit.

4 0

3 years ago

Compare and contrast the benefits associated with market and command economies

k0ka [10]

Answer:

A mixed economic system has features of both a command and a free-market system.because it is partly controlled by the government and partly based on the forces of supply and demand. Most of the main economies in the world are now mixed economies, which operate under a combination of socialism and capitalism, and governments in most mixed economies use fiscal or monetary policies to stimulate growth during economic slowdowns. This may come in the form of corporate bailouts, changes in interest rates, or other stimulus packages.

6 0

3 years ago

Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 40,000 units

Lisa [10]

Answer:

Product L= $34

Product H= $34

Explanation:

Giving the following information:

Product H is expected to sell 40,000 units next year and Product L is expected to sell 8,000 units.

A unit of either product requires 0.4 direct labor-hours.

Estimated overhead= $1,632,000. R

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,632,000/(48,000*0.4)

Estimated manufacturing overhead rate= $85 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product L= 85*0.4= $34

Product H= 85*0.4= $34

3 0

3 years ago