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m_a_m_a [10]
3 years ago
13

Suppose the U.S. Drug Enforcement Agency steps up its efforts to control the illegal importation of cocaine into the United Stat

es. What is the likely effect on the market for illegal drugs in the United States?
Business
1 answer:
nikklg [1K]3 years ago
3 0

Answer:

The Price of Cocaine would rise drastically

Explanation:

If U.S Drugs Enforcement Agency impose higher restrictions in an effort to control illegal import of cocaine into the United States, this would directly impact the market for illegal drugs in the following ways:

  • Since more restrictions get imposed, the procurement cost of cocaine alongside the risk associated with it in the form of higher penalties and prosecution, both will rise.
  • The supply of cocaine would shrink in the market.
  • The above two outcomes would result into the procurers and peddlers demanding much greater price for the same quantity of cocaine so as to compensate for the higher risk assumed and higher procurement costs associated.

Thus, price of cocaine will rise drastically as an outcome of such a move.

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Answer:

The correct answer is (A)

Explanation:

Product efficiency is a key aspect which every firm or organisation must achieve to improve revenue and profits. Product efficiency is a way to allocate resource to produce goods and service at the lowest average cot possible. Firms usually apply economist of scale to achieve product efficient. Product efficiency can only be achieved by using scarce resources efficiently and effectively.

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3 years ago
Wbs stands for which of the following project management tools
hichkok12 [17]
<span>Work Breakdown Structure.</span>
3 0
3 years ago
Please please please help me please I don’t know how to do it please help me
Brilliant_brown [7]

Answer:

11) 9 cantaloupes

The answer would be 9 because three cantaloupes cost 7 dollars. And 7 times 3 equals 21. Then we would need to multiply the three cantaloupes by three to get the total amount if she has 21 dollars.

12) 20 Dirhams

The answer would be 20 Dirhams because 4 of them would cost 1 dollar. And if we add 4 more dollars it would equal 5. hen we would need to multiply 4 five times to get the total amount of Dirhams with the exchange of 5 dollars.

13) 8 Bunches of fennel

The answer would be 8 bunches of fennel because it cost 9 dollars for one bunch. And if we multiply it by two then we will get 18. Then if we get 18 we will need to multiply the four bunches by 2 since one bunch cost 9 dollars and two bunches cost 18.

14) Two fruit baskets

The answer would be 2 fruit baskets because if we were to buy on fruit basket it would cost 30 dollars. And we we would buy two it would cost 60 because 30 times 2 is 60.

15) 21 dollars

If I multiply 11.1 by 4 then I would get 44.4. Then I would need to multiply 5.30 dollars by 4 too and I would get 21.2 and round it up I get 21 dollars.

16) 40 peso

If I divide 121.10 by 3 then I would get 40.36... Then I would round the number to the nearest tenth and get 40 pesos.

17) 46 in width

The height / tall of the painting would not be affected because we didn't change the tall only the width. The width however would be 46.2 rounded down to 46. Because if I add 3.3 to 42.9 then I would get 46 as the width.

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I divided 28.80 from 1.80 and get 16.

8 0
4 years ago
For each of the situations​ listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that i
DaniilM [7]

Answer:

1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.

  • Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.

2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.

  • Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.

3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.

  • Integrity: you must abstain from performing illegal activities, and bribery is illegal.

4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.

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4 0
4 years ago
Which type of variance causes operating income to be lower than the budgeted operating​ income?
gladu [14]

Answer:

Favorable Variance

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Any difference between predicted costs and actual costs is refereed to as variance. Favorable variance means the difference was in the company's favor because they predicted one level of income but actually made a higher income than expected.

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3 years ago
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