Answer:
The flood shifts the supply to the left.
The increase in healthcare costs shifts the supply curve to the left.
Explanation:
An increase in the cost of production inputs (increase in health costs) or a decrease in the availability of resources (the flood reduced the firm's production capability), will shift the supply curve to the left.
A leftward shift of the supply curve will lower the quantity supplied and will increase the price of the good at every level of demand.
Answer:
compare the benefits and costs associated with any economic project or activity.
Explanation:
Cost benefit analysis is a method that is used to make the best option of projects to undertake by comparing the benefits against the cost of the project.
When the benefits outweighs the cost then it is a good endeavour. However when the cost is higher than the benefits then the project is not profitable and not a good action to be taken.
For example if the benefit from building a bridge is $30 million and the cost of building it is $15 million, based on the cost benefit analysis this is a good project to undertake.
Answer: the correct answer is A. Logistics and Supply Chain Management
Explanation:
Logistics and Supply Chain Management has to do with delivering and managing essential commodities, equipment, and services whether it is in an emergency or a routine operation in a company.
Answer:
BrisCor
Budgeting, ethics, pharmaceutical company
a. Referring to the "Standards of Ethical Behavior for Practitioners of Management Accounting and Financial Management,"
none of the preceding items are acceptable to use.
b. I would recommend Jackson to go ahead with the R&D throughout the year to ensure that the drug Vyacon was successfully brought to the market next year before the competitor. He can try to keep to the budget going forward. A budget remains a budget and not the actual. Budget overrun can result. What is important is its effectiveness in achieving business goals.
Explanation:
The announced expectations of third-quarter earnings to Wall Street analysts should not prevent the R&D on the drug Vyacon from continuing, provided Jackson is certain that the envisaged success would be attained. They remain expectations. They are not the actual results of operations for the year. Even if the company's stock price would tumble, it would still recover after the drug had received approval and gone to market, raking in large profits. After all, the projected increase in R&D cost might not result, and the drug Vyacon could be fully developed and ready for the market before year-end, thereby not exceeding its budget.
Answer: Common law
Explanation:
All contracts are subject to the common law of contract regardless as to whether they are in a written form or not. In addition, contracts that relate to specific areas of life may also be subject to legislation that governs that area.
