Answer:
New regulations can increase the cost of doing business because the business owner may have to modify the production of the goods and services.
Explanation:
The cost of doing this business will be seen to increase because as it is been done by everyone in the past years; its mode of operation has been directly sanctioned and as a result, new modalities are been adopted. This is seen in cases where the wastewater that are been produced can be channeled to different waste systems and also these high pressure water system management patterns will be seen to be adjusted too. Having said this, these new modalities can increase the cost of doing business because the business owner may have to modify the production of the goods and services.
Managerial accountants provide managers within the organization with reports to make good business decisions.
<h3>Who are Managerial accountants?</h3>
They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.
They also hep perform various task that is associated with the account.
Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.
Learn more on managerial accounting here,
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A major one is the increase in globalization.
now a days people can talk to anyone in any part of the world at any time they want for free and within an instant of when they think of it. Bills and payments can be made from the tap of a button. Someone can stay in their house there entire life and have everything they ever needed. this is being translated to the business world in massive ways.
Answer:
The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.
The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.
Explanation:
Saint Petersburg Gambles
The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.
The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.
