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DaniilM [7]
2 years ago
12

Section 103 of the Federal Public Works Employment Act establishes the Minority Business Enterprise program and requires that, a

bsent a waiver by the secretary of commerce, 10 percent of all federal grants given by the Economic Development Administration be used to purchase services or supplies from businesses owned and controlled by U.S. citizens belonging to one of six minority groups: African Americans, Spanish speaking, Asian, Native American, Eskimo, and Aleut. White owners of business contend the Act constitutes illegal reverse discrimination. Discuss.
Business
1 answer:
EastWind [94]2 years ago
3 0

Explanation:

Looking from a fair point of view, the White owners of businesses have legitimate reasons to feel that the Act constitutes illegal reverse discrimination.

Remember, reverse discrimination implies an unfair treatment of the majority group (White owners) in an effort to please the minority group. This is evident from the fact that the 10 percent of all federal grants to be released by the Economic Development Administration was only to be used to purchase services or supplies from businesses owned and controlled by U.S. citizens belonging to one of six minority groups excluding the White business owners; making the White owners feel discriminated against.

Thus, unintentionally the Act became a reverse discrimination on White business owners.

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In the short run the Sure-Screen T-Shirt Company is producing 500 units of output. Its average variable costs are $2.00 and its
djyliett [7]

Answer:

$1250

Explanation:

Total cost = total fixed cost + total variable cost

fixed cost is cost that doesn't vary with output

Variable cost is cost that varies with output

total fixed cost = quantity x average fixed cost

total variable cost = quantity x average variable cost

($2 + $0.50) x 500 = $1250

5 0
3 years ago
You are writing an e-mail to a potential employer about a job opportunity. what can you do to make sure the e-mail reflects your
patriot [66]
Ensure that the email is written in a concise, professional, and clean matter devoid of spelling and grammar errors
7 0
3 years ago
Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he
Olenka [21]

Answer:

The elasticy of demand is 0.54 so it is inelastic

Explanation:

The midpoint method use the average percentage change in both quantity and price.

The fromula is ((Q2-Q1)/((Q2+Q1)/2))/((P2-P1)/((P2+P1)/2))

Q is quantity and P is price

((300-250)/((300+250)/2))/((1.25-1.75)/((1.25+1.75)/2))=0.54

The demand is inelastic, that means that the porcentage in the increase in quantity is minor than the percentage in the reduction of the price. So total revenues decrease.

7 0
3 years ago
The following information was taken from Baxter Department Store's financial statements:
vodka [1.7K]

Answer:

500,000÷  200,000 = 2.5

Explanation:

inventory turnover is calculated as

cost of goods sold ÷ Average inventory

From the information of Baxter department store's financial statement, cost of goods sold can be calculated as

Opening inventory + purchases - closing inventory  

100,000 + 700,000 - 300,000 = 500,000

cost of goods sold = 500,000

Average stock is calculated as opening inventory + closing inventory ÷ 2

100,000 + 300,000 ÷ 2 = 200,000  

Average inventory = 200,000

Therefore inventory turnover = 500,000÷  200,000 = 2.5

7 0
3 years ago
Complements are products or services that have a potential impact on the _________ of the products or services of that company.
oksano4ka [1.4K]

Answer:

Value

Explanation:

Hope this helps :)

3 0
3 years ago
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