A good or service is said to be highly elastic if there is a a slight change in price this will cause a sharp change in the quantity. Usually these kinds of products are readily available in the market - example is jewelry. lottery ticket.
When faced with an intercultural ethical dilemma, you should ask yourself if the action is legal, if you can rule out a better alternative, if a trusted advisor would agree, and if you would do it if you were on the opposite side.
Why do you understand the ethical dilemma?
A decision-making issue between two possibilities in which neither is wholly acceptable from an ethical standpoint is known as an ethical dilemma (also known as a moral dilemma, ethical paradox, or moral conundrum).
How do you identify an ethical dilemma?
Health workers of all stripes frequently run across moral conundrums. You are advised to make decisions using a sequential process while taking ethical issues into account:
- Identify the issue there
- Identify the problem and those in charge.
- Think about the pertinent details, laws, and regulations.
- Consider other possibilities following analysis.
- Implement the solution
- Reviewing and acting
Learn more about an ethical dilemma :brainly.com/question/13015186
#SPJ4
Answer: B. : a healthy cash reserve
Explanation:
For the company to be able to declare a Dividend, it's cash reserve needs to be healthy. For this to happen use the following formula;
Free cash balance = Available cash balance - Current Liabilities payable
= 827,000 - 436,000
= $391,000
After taking out the money that will be needed to pay the Current Liabilities, there would be an insufficient balance to pay off the Dividends of $400,000.
Their cash reserve is not healthy enough for the dividends to be declared.
Answer:
1. Adjustments of or changes in price are not smooth or synchronized.
2. Inflation rarely have impact on the prices of inputs.
3. The concentration of sellers is more on nominal prices of goods than real prices.
Explanation:
Inflation can be described as a sustained increase in the general price level of commodities within a country over a period of time.
The following are the reasons inflation in the real world result in shortages and surpluses:
1. Adjustmensts of or changes in price are not smooth or synchronized.
2. Inflation rarely have impact on the prices of inputs.
3. The concentration of sellers is more on nominal prices of goods than real prices.
