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Rus_ich [418]
3 years ago
8

Tom, Mary and Jill have apartments in the same building. A security system for their building costs $750. Tom is willing to pay

$100 for the security system, Mary is willing to pay $300 and Jill is willing to pay $300. They have a meeting to vote on whether to pay $250 each for the security system. At least two of them must vote for the system to be installed before the vote is passed. The efficient outcome is to have the security system installed. After the meeting the security system will __________, which illustrates
Business
1 answer:
Korvikt [17]3 years ago
7 0

Answer:

The correct answer is:  be installed; the free-rider problem.

Explanation:

The free-rider problem is a conflict that takes place when, within a group of people, a small part of it is not willing to contribute equally or is not willing to contribute at all in something that could be beneficial evenly for all of them. In front of this situation, a consensus is held to determine how to enforce that small part to contribute accordingly.

In the case, as <em>Mary </em>and <em>Jill </em>are willing to pay more than what they should ($300 instead of only $250) it is likely that eventually the security system will be installed since <em>two </em>out of three votes are needed for that to happen.

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How do property right benefit entrepeneurs?
Vikki [24]

Answer:

Through allowing themselves to buy resources and spend them accordingly.

Explanation:

  • Properties law provides full authority for merchants or developers with possession of such resources or properties.
  • However, once the property has been enforced upon that estate, all persons besides just their owners haven't even the ability to access the property without any of the consent of their heirs.

Thus the above is the correct approach.

6 0
3 years ago
Is a decline in the value of the real against the us dollar good for embraer, bad for embraer, or a mixed bag? explain your answ
avanturin [10]

The decline in value of the real towards the U.S. greenback changed into precise for Embraer due to the fact the components for the nearby jets cost much less once they were translated into reals, making it tremendously reasonably priced to produce. therefore, Embraer's earnings margins have been high.

A decline in value takes place in any 12 months in which the modern market fee of actual assets is less than its adjusted base year price as of the lien date, January 1.

A depreciating asset is an asset that has a restrained powerful existence and may fairly be predicted to say no in value over the time it's miles in use. equipment, gadgets,s and different gadgets along with computer systems and books are depreciating property.

For example, if an asset is used 40% of the time for a non-public motive, the deduction for its decline in value is decreased by 40%. The decline in fee of positive property costing $300 or less may be the value, this is, you may be entitled to an immediate deduction.

Learn more about the decline in value here

brainly.com/question/25297296

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3 0
2 years ago
An online sales order processing system most likely would have an advantage over a batch sales order processing system by: Recor
tensa zangetsu [6.8K]

Answer:

The answer is: Enabling shipment of customer orders to be initiated as soon as the orders are received.

Explanation:

In a batch sales ordering process, your sales team gathers information about sales throughout an specific period of time and then enters it into the system all at once. While an online sales order processing system processes each sales transactions into your system immediately.

Imagine you want to buy a set of chairs and the salesman takes your order at 9 AM. If the salesman uses a batch sales ordering process, he might have to wait until midday to place your sales order along with all the other sales he did in the morning. If he was using an online sales order processing system, your sale would have been processed immediately without any other delay. That obviously saves time.    

4 0
3 years ago
Balerio Corporation's relevant range of activity is 9,000 units to 14,000 units. When it produces and sells 11,000 units, its av
Anna11 [10]

Answer:

$302,500

Explanation:

The computation of total amount of product costs is shown below:-

Product cost for 11,000 units = Direct material + Direct labor + Manufacturing overhead cost incurred

= ($7.30 + $3.90 + $2.20 + $14.10) × 11,000

= $27.50 × 11,000

= $302,500

Therefore for computing the total amount of product costs we simply applied the above formula.

5 0
3 years ago
To be most effective, a Code of Ethics must _______________ . be drafted in a positive actions or results-based approach be draf
jarptica [38.1K]

Answer:

To be most effective, a Code of Ethics must be drafted in a positive actions or results-based approach.

Explanation:

A code of ethics can be defined as a document with several guidelines that guide people as to their ideal postures and attitudes, morally accepted or tolerated by society as a whole, framing the participants to a politically correct conduct and in line with good image that the entity or profession wants to occupy, including encouraging the voluntariness and humanization of these people and that, in view of the creation of some professional activities, is drafted, analyzed and approved by its competent class entity, organization or government, in accordance with with the attributions of the activity performed, so that it will suit the interests, struggles or desires of the community benefited by the services that will be offered by the professional on whom the code has an effect.

As such, a code of ethics sets standards that regulate the behavior of people within a company or organization. Although ethics are not coercive (they do not imply legal penalties), the code of ethics presupposes internal rules that are mandatory.

4 0
3 years ago
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