Answer:
The correct answer is the option B: False.
Explanation:
To begin with, the concept of <em>"Rule Utilitarism"</em> refers to a type of utilitarism in where the main characteristic is in the belief that an action is right when it conforms to a rule that leads to the greatest good. Therefore that under this type of ideology, the utilitarians believe that an action would be right when the amount of good that it brings is greater than the action itself. And that is why that for an utilitarian to steal would not be wrong in the case that a greater good would come afterwards for the majority, so that means, better consequences.
Answer:
42 days.
Explanation
Note: The full question is attached as picture below
Account receivable turnover ratio = $612,000 / $70,422
Account receivable turnover ratio = 8.69
Account collection period = 365 / 8.69
Account collection period = 42.00230.
Thus, the firm’s sales uncollected for year is 42 days.
Answer:
a) it will do 210,000 units of standard
b) 127,500 units of standard
19,000 units of deluxe
Explanation:
Standard Deluxe
Sales 115 135
Variable Cost 50 54
CM 165 189
Constrain resource 0.5 1.5
(machine hours)
CM per constrain 330.00 126.00
a)
As the company can use up to 105,000 machine hours It will use as much as it can in doing Standard model which yield a better contribution of the constrain resource.
105,000 machine hours available / 0.5 hours per standard unit = 210,000 units
As there are 230,000 untis available for Standard we can use the entire capacity for standard and achieve the maximum contribution
b) as there isn't enough demand for standard the compay will do the 127,500 and the rest fill it with deluxe:
105,000 hours - 127,500 x 0.5 = 28,500 hours for deluxe
28,500 / 1.5 hours per unt = 19,000 units for deluxe
Answer:
since the price elasticity of demand for students is -4, the the price charged to them should be:
price = [-4 / (-4 + 1)] x $6 = (-4 / -3) x $6 = $8
since the price elasticity of demand for faculty is -2, the the price charged to them should be:
price = [-2 / (-2 + 1)] x $6 = (-2 / -1) x $6 = $12
Answer:
The correct answers are:
1. Actor, writer, musician : entertainment.
2. Dietician, optician : health care.
3. Litigator, paralegal, attorney : legal industry
Explanation:
Industries dedicated to consumer service are those whose product is directed directly to a consumer, and not to a company.
The product they offer is a service, and not a material good.
These industries will have professionals or people specialized in the subject who will be in charge of offering and selling this product.
That is what we see in the examples.
The health industry will offer services dedicated to health, therefore it will have professionals dedicated to this field.
The legal industry will have services dedicated to legal issues such as a lawyer, a litigator, etc.
And the entertainment industry will be dedicated to shows, this is where actors, musicians or writers come in.
