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Nezavi [6.7K]
3 years ago
10

Legislation that offers immediate and easily recognized benefits, at the expense of costs that are observable only in the distan

t future, is often enacted, even when economic inefficiency results. In economics this is referred to as the a. long-term effect. b. political-fallacy effect. c. shortsightedness effect. d. inefficiency effect.
Business
1 answer:
const2013 [10]3 years ago
7 0

Answer:

c. shortsightedness effect

Explanation:

Based on the information provided within the question it can be said that in economics this description refers to the Shortsightedness effect. This is an effect that implies that politicians tend to prefer projects that allow them to generate higher benefits but in a shorter time frame, as opposed to longer time-frames. Even though those program's total costs may exceed the overall benefit in the long run.

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When a principal is partially disclosed Group of answer choices the agent and principal will be jointly and severally liable on
vlabodo [156]

The correct answer is the agent and principal will be jointly and severally liable on the contract.

In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.

When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.

Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.

To know more about principal agent liability click here:

brainly.com/question/13056777

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8 0
2 years ago
Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produ
melisa1 [442]

Answer:

Total Flexible Budgets  for 12,000, 15,000, and 18,000 units  is<u> $ 556,000         $ 643,000 and  $830,000  </u><u> </u>

Explanation:

<u>Steelcase Inc.</u>

<u>Assembly Department:</u>

Steel per filing cabinet ............................................. 55 pounds

Direct labor per filing cabinet ...................................... 20 minutes

Supervisor salaries ................................................ $180,000 per month

Depreciation ...................................................... $28,000 per month

Direct labor rate................................................... $21 per hour

Steel cost ......................................................... $0.40 per pound

<u>Steelcase Inc.</u>

<u>Flexible budget </u>

<u>For the month of August 2014.</u>

<u />

<u>Units:</u>                                  12000            15000            18000

Steel for filing cabinet     660,000          825000         990,000 pounds

Steel cost                         $264,000         330,000        $ 396,000

Direct labor Hrs               4,000              5,000               6,000

Direct labor Cost             $84,000       $105,000             $ 126,000

Supervisor salaries      $180,000           $180,000         $180,000

<u>Depreciation                 $28,000             $28,000           $28,000            </u>

<u>  </u><u>Total                              $ 556,000         $ 643,000          $830,000  </u><u> </u>

First we find the Steel for filing cabinets in pounds . Then we multiply with the rate to find the steel cost.

Similarly we find the direct labor hours and then the direct labor cost.

We assume that the supervisor salaries and depreciation are fixed.

4 0
3 years ago
रचनात्मक र नविन्तम अबधारण लेख्नुहोस। नयाँ ब्यब्साय विभिन्न विधि हरु ब्य्ख्य गर्नुहोस​
dem82 [27]

Answer:

लेख्नुहोस। नयाँ ब्यब्साय विभिन्न विधि हरु ब्य्ख्य गर्नुहोस​

Explanation:

4 0
3 years ago
He vertical hierarchy is also known as _____.
wolverine [178]
Another term for the word "vertical hierarchy" is "the chain of command." A vertical hierarchy is an organisational structure that looks like a pyramid. Located at the topmost portion of this "pyramid" are the executives of a company, and below it are the supervisors in different departments and divisions.
3 0
3 years ago
Which of the following would not be considered by a family owned business in their process of deciding to decide?
san4es73 [151]
A family owned business will consider the budget, profit, goal of the business, status of the business, among others. Although this business might have a difficulty considering the welfare of their employees when deciding an important deal. They will have a difficulty empathizing with their employees since they are more focus on their business than their people. 
7 0
3 years ago
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