A majority decision strategy would be most effective in this situation.
Explanation:
The concept of majority is a system of judgement which chooses alternatives that have a majority, which means more than half the votes.
It is the conditional decision concept used in leading policy-making bodies most often.
The majority oppression (or collective tyranny) is a flaw that is undoubtedly implicit in majority government, in which the majority of voters seek their own interests at the expense of those within the minority exclusively.
So in this scenario , the restaurant management should take everyone's decision and the majority should be executed.This is the best choice to take quickly.
Answer:
B. increases; increases
Explanation:
<em>As the interest rate increases, the money invested today will bring higher interest in the future. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive $1,040 after one year, if the interest rate is 6% your money will become $1,060
<em>Future value should be higher the longer money is invested because the borrower should be able to do more activities that bring profit. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive 1,000x(1+0.04) = $1,040 dollars after one year and 1,000x = $1081 after 2 year
Answer:
The correct answer is letter "A": sometimes imposes a higher standard of behavior on merchants than non-merchants.
Explanation:
The Uniform Commercial Code or UCC is a set of rules regulating transactions and contracts mainly of the banking industry or individuals or entities making businesses outside their home state. The UCC has oversight on checks, drafts, letters of credit, investment securities, bank deposits, and sales of goods, but real estate.
<em>The UCC tends to weigh the knowledge of merchants and non-merchants. The UCC considers merchants are at relatively advantage compared to non-merchants while offering products or services because buyers are prone to look for professional sellers. Therefore, the UCC imposes higher behavior standards for merchants than non-merchants.</em>
Answer:
It is more convenient to continue processing.
Explanation:
Giving the following information:
Grace Co. can further process Product B to produce Product C. Product B is currently selling for $60 per pound and costs $38 per pound to produce. Product C would sell for $95 per pound and would require an additional cost of $13 per pound to produce.
To determine the convenience of further processing we need to calculate the contribution margin:
CM= selling price - unitary variable cost
Product B= 60 - 38= 22 per unit
Product C= 95 - 38 - 13= 44 per unit
Answer:
Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the year.
Explanation:
Data provided:
Interest rates = 7.85 %
The rate of inflation = 12.3 %
Now,
The Real interest rate is calculated as :
Real interest rate = Nominal interest rate - Inflation rate
on substituting the respective values, we get
Real interest rate = 7.85% - 12.3%
Or
The real interest rate = - 4.45%
Here,
Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the year.