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stealth61 [152]
3 years ago
14

What is the bad side of profit motive?

Business
2 answers:
kakasveta [241]3 years ago
8 0

Answer: The profit motive that drives companies and individuals all too often gives way to greed. The power of leadership all too often gives way to elitist domination. The accumulation of wealth can look like excess or hoarding while income inequality increases in economies around the globe.

sry for the big words. its off the internet.

Daniel [21]3 years ago
3 0

Answer:

The profit motive that drives companies and individuals all too often gives way to greed. The power of leadership all too often gives way to elitist domination. The accumulation of wealth can look like excess or hoarding while income inequality increases in economies around the globe

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umulative trauma disorders are a common type of musculoskeletal disorders (MSDs). Select the statement which is accurate about c
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3 years ago
Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest
katrin [286]

Answer:

The correct option is E,14

Explanation:

In using the two-day moving average to forecast for the next day sales, the previous two days sales are taken , summed to up and finally averaged(that is divided by 2)

Next day forecast=sum of previous two days sales figures/number of days

sum of previous two days  forecast=13+15=28

since the number of the days is 2 ,the 8 is divided by 2,28/2=14

Ultimately the next day forecast sales figure is 14 newspapers

Option A is wrong that is just considering of the two previous day, the same thing applies to option B.

Option C is the sum of previous two days sales without being divided

5 0
3 years ago
A retired auto mechanic hopes to open a rustproofing shop. Customers would be local new-car dealers. Two locations are being con
8_murik_8 [283]

Answer:

1) Outside Location

2) Central Location

The profit will be the same when monthly demand is 230 cars

Explanation:

Let central location be termed as location A

Let outside location be termed as location B

<u>1. Demand 200 cars</u>

Profit- Location A = (90-30) * 200 - 7000 = $5000

Profit- Location B = (90-40) * 200 - 4700 =$5300

<u>2. Demand 300 cars</u>

Profit- Location A = (90-30) * 300 - 7000 = $11000

Let x be the number of cars where profit is same,

we will equate both the profit equations

(90-30)*x - 7000 = (90-40)*x - 4700

60x - 7000 = 50x - 4700

60x - 50x = 7000 -4700

10x = 2300

x = 2300/10

x = 230 cars

Profit- Location B = (90-40) * 300 - 4700 =$10300

6 0
3 years ago
If a monopolist or a perfectly competitive firm is producing at a break-even point, then:
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If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.

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4 years ago
What are three ways to discover how to involved in your chosen career field
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Answer:

Research industry information. ...

Find out about professional associations. ...

Research career options using LinkedIn.

6 0
3 years ago
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