I would say that the effects of such positive benefits as health insurance or paid parental leave will make the workplace much more attractive and cause a big rush to obtain employment at such places. It is well to remember that without the sacrifice of labour unions including jailings, beatings and even deaths these benefits would not be there ie they would not come just out of the goodness of someone's heart.
Answer:
(d) $26,000
Explanation:
The computation of the direct material cost is shown below:
= Fabric used to upholster furniture + Lumber used to build product + Freight in (raw materials)
= $8,000 + $15,000 + $3,000
= $26,000
The other cost which is mentioned in the question is related to direct labor, overhead cost, etc. Thus all other costs should be ignored.
A mission statement defines the company vision and objectives.
A vision statement focuses more on the future goals and is usually longer than a mission statement because it covers things company purpose, goals, how it will be achieved, etc.
Misrepresenting pertinent policy provisions relating to coverage after a loss is an unfair claim settlement practice.
Pertinent policies are those facts which tend to prove the allegations of the party offering them and those which have no such tendency are called impertinent.
When something is pertinent, it means it is significant. It will have an impact on the decision or the outcome.
Therefore, if the pertinent policy is misrepresented, it becomes an unfair claim settlement practice.
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Answer:
each firm simultaneously increased output above the Nash equilibrium level.
Explanation:
A French mathematician, Antoine Augustine Cournot developed the Cournot duopoly in his economic model “Researches into the mathematical principles of the theory of wealth”, of 1838.
Cournot duopoly also known as the Cournot competition, is an economic model where two (2) business firms having identical cost functions compete in a oligopolistic market of imperfect competition with homogeneous products.
Under the Cournot duopoly, the competing firms offer identical products and thus, choose an amount or quantity to produce independently and at the same time because they cannot collude.
Both firms in a Cournot duopoly would enjoy lower profits if each firm simultaneously increased output above the Nash equilibrium level.
Hence, the advantage of the Cournot duopoly is that, it inhibits competing firms from deviating unilaterally.
