Compared to attending a technical school, completing a four-year college degree allows you to: <span>select from a wide range of careers
Even though the price is significantly lower, Technical schools only teach the students to be excel on one single skill-set (such as bookkeeping, Video editing, administrative skills, etc)</span>
Answer:
The answer is: D) raise the price, reduce the quantity, increase total revenues, and increase crime.
Explanation:
According to the law of supply and demand, when the supply of any given product is artificially lowered, the supply curve will shift:
- this will cause the price of that product to increase
- the profit margin of the suppliers will increase, increasing total revenue
- since illegal drugs would increase in crime, we can expect an increase in the crime rate on drug related crimes (e.g. addicts robbing).
Answer:
It would be unethical and a conflict of interest for Solomon to let his uncle in on the details because it would give his uncle an unfair advantage against the other bidding contractors. It's a form of nepotism
Explanation:
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Answer:
Every Business Unit in Costco needs to have access to the Data
Explanation:
Costco Wholesale Company runs a network of customers-only retail stores, doing business as Costco, an American multinational company.
The details must be available to each business unit in Costco.
For example, The accounting department needs to know the buy-and-sell information. To order to make good use of this commodity in its marketing strategy, the marketing professionals need to learn the quality of a particular product.
To insure the inventory management is completed, an operations manager must have access to the data.
Answer:
It would decrease
Explanation:
Return on equity is an example of a profitability ratio.
Profitability ratios measure the ability of a firm to generate profits from its asset
Using the Dupont formula, ROE can be determined using:
ROE = Net profit margin x asset turnover x financial leverage
ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)
If profit margin reduces and asset turnover and leverage remains the same, ROE would decrease