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Answer: A - vested interests in the status quo
Explanation: Vested interests in the status quo is when people derive their income, job, status or power from something they have an interest in.
Even if the situation causes obvious harm to people or the environment, they work to keep the status quo for economic reasons. This causes a conflict of interest between what is good for the individual in the short term and what is good for humanity and the planet in the long term.
Vested interest structures impede and suppress innovations that would benefit society as a whole. The most practical solution is to implement a guaranteed livable income which would immediately reduce the impact and number of vested interests, and would free humanity to evolve and save the environment before it is too late.
Answer:
A) Interest on a 4-month note is calculated as: $1,000 × 12% × 1/12.
Explanation:
Each note is worth $1,000
Each note carries a 12% interest rate
Only one month has passed since the notes were issues, so the time = 1/12
Therefore the interest accrued from December 1 to December 31 = note value x note's interest x time = $1,000 x 12% x 1/12 = $10
Answer:
price $65
Explanation:
given data
total output = 1,000 units per week
Average Price = $70 per unit
Average Variable Cost = $25
Average Cost = $65
solution
we have given average cost is $65
so here firm consider for shutting down in long run price is here $65
because when the firm price go below to $65
then the firm simply exit here industry
so answer is price = $65