Answer:
D) visibly punish unethical acts
Explanation:
Ethics is the act of knowing what ia right and doing same. That is a good ethical act.
The ethical culture practised by Pam's company is to visibly punish unethical acts. This entails punishing any unethical act appropriately before others to see it.
This approach is really good because it will make others to sit up bearing in mind that they will get same punishment without hesitation if they err.
Pam's organization firing the three managers caught using the company's resources to fund their personal lifestyle pointed towards applying visible punishment for unethical acts.
Answer:
Clarissa needs to fund the growing perpetuity by $166666.67
Explanation:
A perpetuity is an investment that will give a future series of infinite payments so if the perpetuity gives you a periodic growth rate then you find the difference between the interest rate and the growth rate then use the perpetuity formula which is:
Pv = C/(i-g)
where Pv is the present value of the perpetuity which will be the initial investment.
C is the periodic payments that will be received in future in this case $5000
i is the interest rate given for the perpetuity which is 8%
g is the growth rate per fixed period which is 5%
thereafter we substitute on the above mentioned formula:
Pv= $5000/(8%-5%) then compute
Pv = $166666.67 which will be the initial investment for Clarissa to be paid $5000 per year until she dies.
Answer:
19 years
Explanation:
the 19th year your money will triple and be worth 3.0256 times the original sum.
Answer:
A shift in the demand curve will create a new equilibrium point.
Those who voluntarily purchase the generators believe them to be worth the marked-up price.
The effect of price ceilings is to make behavior like the entrepreneur’s illegal.
Explanation:
As after hurricane there is a necessity to buy the generators, accordingly the demand for the generators increase and so does the price, therefore, there is a new equilibrium.
And as there is need, people voluntarily buying it would definitely feel it worth to spend and pay such exaggerated price.
If there will be price ceilings then the entrepreneur will try to sell the generators at high prices illegally because he need to get the margin.
Although there will be no surplus even in case of price ceilings as it is a need people will buy and the stock will be sold at last.