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3 years ago

True statement about the relationship between law, ethics, and business

1 answer:

4 0

Hi. You didn't provide the answer options and this makes it impossible for me to answer your question specifically. However, when searching for your question, I was able to find another question exactly like yours that showed the answer options shown in the figure attached. In that case, I hope the answer below can help you.

Answer:

The last option is the correct answer.

Explanation:

Ethics and morals are very variable elements and do not have a fixed determination, as their concepts are not objective. Morals and ethics is something personal that presents itself in different ways for each person. As a company is made up of many different people, the concepts of morals and ethics are as different as possible, but the people responsible for managing the company must determine an ethical and moral conduct to be followed by their employees and collaborators. However, this conduct is built with commercial objectives and as it is not possible to measure how much of these objectives are moral and ethical, the relationship between the company's value and ethical conduct is obscure and difficult to be judged.

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You are the manager of a theater. At present the theater charges the same admisssion price of $8 to all customers, regardless of

Goshia [24]

Answer:

Explanation:

Provided that the demand is inelastic, there would be an increment in revenue.

Total revenue is calculated as the quantity of a good sold multiplied by its price.

There is a close interrelation between price elasticity of demand and total revenue, in the sense that they deal with the same two variables - which are price and quantity.

If the product has an elastic demand, revenue can be increased by decreasing the price of the good. Q will increase at a greater rate, while P will decrease, thereby, increasing the total revenue.

If the product has an inelastic demand, then the prices of goods can be increased and sold slightly less of that item but a higher revenue must be obtained.

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3 years ago

Taxes a distort incentives and this distortion causes markets to allocate resources inefficiently. b do not distort incentives,

RUDIKE [14]

Answer:

Letter a is correct. Distort incentives and this distortion causes markets to allocate resources inefficiently.

Explanation:

What happens is that when rates rise, it causes an imbalance in supply and demand, because at higher rates companies are forced to raise prices to offset tax costs, so the pass-through of consumer prices discourages consumption and as a consequence of less consumption, production also decreases, causing the inefficient allocation of market resources.

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3 years ago

Georgia, a widow, has take-home pay of $600 a week from her part-time job. Her disability insurance coverage replaces 70 percent

MariettaO [177]

Answer:

Disability benefit = $5,040

Explanation:

Given:

Pay off per week = $600

Insurance coverage = 70 percent = 0.70

Waiting period = 4 week

Computation of disability benefits:

Disability benefit = Per Week benefit × Total Number of Covered weeks

= (Insurance coverage × Pay off per week) × (off work - Waiting period)

= (0.70 × $600) × (16 - 4)

= $420 × 12

= $5,040

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3 years ago

A study was done of all homicide convictions in the State of Florida between 1976 and 1980 in order to examine if the applicatio

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Answer and Explanation:

This is an example of Simpson’s paradox

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3 years ago

In the out line above which sub topic is incorrectly placed under a topic heading

DerKrebs [107]

i think its computer assembly and repair.

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3 years ago