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3 years ago

Which of the following would further an economic goal of efficiency?

Business

1 answer:

max2010maxim [7]3 years ago

7 0

Answer:

The correct answer is (C)

Explanation:

Economics is all about allocating limited resources to attain maximum utility. In that regard, efficiency can be achieved by giving contracts to companies with higher productivity. These companies are all about attaining maximum productivity by investing limited resource. More productivity will increase the utility, and that will improve economic efficiency. So it is critical to give projects and contracts to certain companies which can increase the overall productivity.

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Evaluate the following statement. "We shouldn’t generalize from what people do in the ultimatum game because $10 is a trivial am

Andru [333]

Answer:

People behavior with lump sum amount:

The experimental evidence shows that people always expect to be treated fairly. When people are treated unfairly, then they will reject the offer regardless of the value of money. Thus, the statement that "should not generalize the evident resulted from $10 experiment. When the size of money is large then people will react differently from the evidence" is false.

4 0

3 years ago

If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermed

Mashcka [7]

Answer:

A Tying Contract

Explanation:

If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy, it results in a tying contract. It is mostly treated as an illegal because it pushes intermediary organization to buy other products if they wishes to purchase the products which is actually needed to be purchased. Some companies make it compulsory for their intermediaries in doing so. For example, if you have to buy 10 packs of Lays, then you must be buying 5 extra boxes of Pepsi as well. It is being done because of the power and market share that company is enjoying in the market, so they take its advantage.

7 0

3 years ago

Discuss the effects of the hard lockdown on Eskom's operations?

ICE Princess25 [194]

The effect of the hard lockdown on Eskom's operations was that the parliamentary committees had to leave officials in Pretoria.

<h3>What were Eskom's operations?</h3>

Eskom's operations refer to the operation of the Electricity Supply Commission in South Africa.

When the hard lockdown was placed during the pandemic on Eskom's operations in South Africa, this led to parliamentary committees leaving the officials in Pretoria because they believed that having digital meetings will be better than face-to-face.

hence, The effect of the hard lockdown on Eskom's operations was that the parliamentary committees had to leave officials in Pretoria.

learn more about Eskom's operations:

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8 0

2 years ago

"Income tax was $175,000 for the year. Income tax payable was $30,000 and $40,000 at the beginning and end of the year, respecti

kolezko [41]

Answer:

Cash payments for income tax = $165000

so correct option is C. 165,000

Explanation:

given data

Income tax = $175,000

beginning tax payable = $30,000

end of the year tax payable = $40,000

to find out

Cash payments for income tax reported on the statement of cash flows

solution

we get here Cash payments for income tax that is express as

Cash payments for income tax = Income tax + beginning tax payable - end of the year tax payable ..............................1

put here value we get

Cash payments for income tax = $175000 + $30000 - $40000

Cash payments for income tax = $165000

so correct option is C. 165,000

5 0

3 years ago

Jing Company was started on January 1, Year 1 when it issued common stock for $36,000 cash. Also, on January 1, Year 1 the compa

san4es73 [151]

Answer:

$716 and $12,300

Explanation:

Original Cost = $16,000 + $2,100

Original Cost = $18,100

Double decline rate = 100/5*2

Double decline rate = 40%

First Year Depreciation = $18,100*40%

First Year Depreciation = $7,240

Second Year Depreciation = $18,100*60%*40%

Second Year Depreciation = $18,100*0.60*0.40

Second Year Depreciation = $4,344

Third Year Depreciation = ($18,100 - $7,240 - $4,344 -$5,800)

Third Year Depreciation = $716

Accumulated Depreciation = $7,240 + $4,344 + $716

Accumulated Depreciation = $12,300

5 0

3 years ago