Answer:
The answer is: a
Explanation:
Ethics refer to moral values which govern a person or in this instance, an organisation. Business ethics encompasses the use of appropriate business policies and practices by companies when handling controversial matters such as corporate social responsibility, bribery, workplace discrimination and so on. These policies and practices are governed by the company's values. ABC company has a dismal code of ethics when it comes to their overseas production. The company is enjoying low cost production at the expense of its employees working under hazardous conditions with very little pay. These employees will potentially suffer long-term illness as a result of their work and they would not be able to afford treatments or requisite medication. These actions by ABC company are morally unjust and therefore not ethical in the lieu of their operations.
The reduced pre-tax rate of return on municipal bonds is an example of an explicit tax.
The problem is a false statement.
What is explicit tax?
The impact of taxes on an asset's price is known as an implicit tax. For instance, the price will increase to reflect the tax preference if an asset is tax-preferred. To avoid errors, one must explicitly consider implicit taxes.
Investors must pay the implicit taxes as a cost for preferred (explicit) tax treatment. Tax preferences are the variations between an investment's taxable income and financial accounting income before taxes. Tax preferences are referred to as a whole as tax subsidies.
Therefore,
The problem is a false statement.
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Answer:
Your correct annswer is C. Stimulating initial inquiry and/or product trials.
Explanation:
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Answer:
The answer to this question is b. Yours will be positive and your roommate's would be negative.
Explanation:
Income elasticity of demand is the degree of responsiveness of demand to changes in income. In other words, it measures how changes in income of consumers will affect the quantity of commodities demanded by such consumers.
An income elasticity of demand can be positive or negative.
It is positive, when an increase in income leads to an increase in the quantity demanded by the customer. However it is referred to as negative when an increase in income leads to decrease in the quantity demanded by the consumer.
In the question above, it can be seen that the increase in income of the first person brought about increase in the commodity demanded thereby making his income elasticity of demand positive. one the other hand, the increase in the income of his roommate, brought about decrease in his demand which translate to the fact that his income elasticity of demand would be negative.
Hence the answer given.
Answer:
Option A, Fixed quota models are risky because slight miscalculations can result in fish population extinction
Explanation:
Some of the major drawbacks of modelling fishing are as follows –
a) The fixed quota model is very risky as a miniscule change in attributes can result into extinction of fish.
b) On the other hand fixed effort harvesting can decrease the risk of fish population extinction
Hence, option A is correct