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natta225 [31]
3 years ago
13

Laws represent the standards of ________ behavior.

Business
1 answer:
Leona [35]3 years ago
7 0

Answer:

B. legal

Explanation:

Law -

Law refers to the combination of rules and regulation , which are made and acted in order regulate conduct and management , in the society , is referred to as law.

These rules need to be followed by each and every individual , and there are strict outcome of not following the rules of law.

It is also known as the art of justice and is a the legal material .

Hence , from the question,

The correct term from the given option is legal behavior.

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Oscar and Julia can both produce either bananas or coffee. Oscar can produce either 16 pounds of coffee and 0 pounds of bananas
Aneli [31]

Answer:

d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.

Explanation:

a)The opportunity cost of 1 lb. of bananas is 4 lbs. of coffee for Oscar.

In order to produce 64 pounds of banana, Oscar has to give up producing 16 pounds of coffee, his opportunity cost is:

C= \frac{16}{64}= 0.25

The statement is false.

b)Oscar has absolute advantage in the production of coffee.

Julia has a higher production capacity for coffee (20 pounds to 16 pounds) and therefore has the absolute advantage.

The statement is false.

c)Julia has comparative advantage in the production of bananas.

Julia has a higher opportunity cost for producing a pound of bananas (0.5 pounds of coffee to 0.25 pounds of coffee) and therefore does not have the comparative advantage.

The statement is false.

d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.

In order to produce 16 pounds of coffee, Oscar has to give up producing 64 pounds of banana, his opportunity cost is:

C= \frac{64}{16}= 4

The statement is true.

4 0
3 years ago
Summer Nights sells bottles of bug spray for $ 9.00 each. Variable costs are $ 4.00 per​ bottle, while fixed costs are $ 40 comm
Yanka [14]

Answer:

Operating Income              $75,000             $115,000

Explanation:

The computation of the operating income reflected is shown below:

Units                                    23,000       $31,000

Contribution Margin per Unit   $5                $5

Contribution Margin (Units × Per Unit) $115,000   $155,000

Less : Fixed Cost              -$40,000             -$40,000

Operating Income              $75,000             $115,000

The contribution margin per unit is come from

= Selling price per unit - variable cost per unit

= $9 - $4

= $5

8 0
3 years ago
On January 1, Wei company begins the accounting period with a $40,000 credit balance in Allowance for Doubtful Accounts. On Febr
faltersainse [42]

Answer:

The Journal entries are as follows:

(a) On February 1,

Allowance for doubtful accounts      Dr. $8,800

To Account receivable-Oakley Co                         $1,900                      

To Account receivable-Brookes Co                       $6,900            

(To record write off)

(b) On June 5,

(i)

Account receivable-Oakley Co.         Dr. $1,900

To Allowance for doubtful accounts                     $1,900

(To record amount reinstated)

(ii)

Cash  A/c                                          Dr. $1,900

To Account receivable-Oakley CO                     $1,900

(To record cash received)

6 0
3 years ago
What do payroll taxes help fund? <br> Payroll taxes help fund _______ and Social Security funds.
Lapatulllka [165]
Medicare. I believe that is the answer
5 0
2 years ago
Read 2 more answers
An illness that affects the brain and reduces a person's ability to cope, to adjust to every day life changes, or to get along w
Allushta [10]
The answer is "mental disorder"

hope this helps (:
6 0
3 years ago
Read 2 more answers
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