Ask question

Ask question

All categories

alexandr1967 [171]

3 years ago

11

Even though copyrights are exclusive rights, US copyright law makes some exceptions. What should an individual do to use copyrig

ht material?

1 answer:

aleksley [76]3 years ago

7 0

Sight the source

Like in an essay, put where you got it from, by who, title, and what it's about

You might be interested in

If Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, she has a(n) ___________ in producing corn.

allochka39001 [22]

Answer:

b. comparative advantage

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

For example, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.

In this scenario, Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, therefore, she has a comparative advantage in producing corn.

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

Hence, the comparative advantage gives an individual or country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

5 0

3 years ago

Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to

nlexa [21]

Answer:

Based on the given information related to costs for each of the options, the crossover point for Tim = <u>6,000</u> room nights (round your response to the nearest whole number). If the number of room nights is less than the crossover point, then <u>OUTSOURCING (Duffy's Maid Service)</u> is the best option available to Tim. Based on the given room nights that Tim expects to rent (18, 250), the best option is to keep doing the service <u>INSOURCING (doing it himself)</u>.

Explanation:

Currently, before outsourcing, Tim's total cost = $228,125 + $61,000 = $289,125. On average, he spends $15.84247 per room.

The Duffy's Maid Service offer would represent a total cost of $337,625 + $25,000 = $362,625 for the same occupation level.

the crossover point for Tim:

12.5x + 61,000 = 18.5x + 25,000

36,000 = 6x

x = 6,000 room nights

(6,000 x 12.50) + 61,000 = (6,000 x 18.50) + 25,000 = $136,000

7 0

4 years ago

Changes in the GDP deflator reflect a. neither changes in prices nor changes in the amounts being produced. b. only changes in t

Anna11 [10]

Answer:

c. only changes in prices

Explanation:

GDP deflator is used to calculate changes in price level or changes in inflation.

GDP deflator = (Nominal GDP / Real GDP) × 100

Nominal GDP is GDP calculated at current year prices.

Real GDP is GDP calculated at base year prices.

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

I hope my answer helps you

3 0

4 years ago

Which of the following is NOT true regarding the production possibilities frontier (PPF)? The PPF illustrates the trade-offs tha

ddd [48]

Answer:

The correct answer is: The PPF shows us that gains from trade are maximized when countries produce goods for which they have an absolute advantage in production.

Explanation:

A production possibilities frontier is a curve that shows different combinations or bundles of two goods that can be produced using all the resources and technology available.

It represents the concept of scarcity of resources and opportunity costs. Because of the scarcity of resources we cannot increase the production of both goods. To increase the production of one good we need to sacrifice the production of others. So, there is some opportunity cost involved in producing each additional unit of output.

7 0

3 years ago

When an employee evaluates his or her manager low on all performance criteria due to dissatisfaction with the manager's disposit

Anton [14]

Answer:

The correct answer is D

Explanation:

Horns error is the term which defined as the error, where the opinion of one is color with the opinion of the others. This kind of error involves or comprise the negative ratings. This will be called as the horns error.

In this case, an employee computed the manager low on all the performance due to the dissatisfaction with the disposition of the manager. So, the employee committed to a horns error.

8 0

3 years ago