Hey there!
The phrase “laissez-faire” means “Let it be” originally but in the choices you provided In your answers above the closes to it would mostly be ‘to let be’ would be your answer
Answer: B. To let be
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Answer:
Yes, Hazel needs to pay extra $700
Explanation:
As per pre-existing duty rule, a person is obligated to perform his duty at the consideration agreed upon initially. Any modification to the contract is void.
Exceptions to this rule:
- As per new contract, if the person undertaking his duty hires another person to perform the work so as to complete it in time, then modifications are valid and enforceable.
- Modifications are valid in case of unforeseen contingencies like war, recession, change in economic conditions and strikes.
In this case, Hazel agreed to pay $700 extra. Under pre-existing duty rule, she is not required to pay Eugene extra $700 but since Eugene took additional help exception to the rule applies and Hazel is obligated to pay $700 extra.
Answer:
$77,000
Explanation:
Direct Labor = $52,350 (Its varies with the number of Production hours). Hence, $52,350 for 3,490 hours
For 3,800 hours, (52,350/3,490) * 3,800 = $57,000
Supervisor Salaries = $20,000 (Since the Supervisor Salary is not an incremental cost, it is a fixed one). So, the Supervisor Salaries remain $20,000
Net budget (flexible) = $57,000 + $20,000
Net budget (flexible) = $77,000
Answer: Varies directly with nominal Gross Domestic Product (GDP).
Explanation:
The Transactions Demand for money refers to money that is kept by individuals, companies and even the Government to be able to purchase goods and services.
It varies directly with Nominal GDP because Nominal GDP includes inflation.
If Nominal GDP were to rise for instance, it would mean that Inflation has risen as well which means that people would need more money to be able to buy the now more expensive goods and services. This is an increase in Transactions Demand for money.
The reverse holds true signifying indeed that Transactions Demand for money varies with Nominal GDP.
The Yanos Company found that the prior year's tax liabilities had been handled incorrectly after reviewing their books. They'll now have to make accounting adjustments. An example of modifications brought on by an error is this.
A person who is able to adjust to changes in their physical, occupational, and social environment is said to be in a state of adjustment. Adjustment, then, is the behavioral process of balancing opposing demands or needs that are hampered by environmental challenges. Both people and animals regularly adapt to their surroundings. For instance, they eat to sate their hunger when it is triggered by their physiological state, which allows them to respond to the hunger stimuli. An failure to respond normally to a need or stress in the environment is a sign of adjustment disorder.
To have a life of high quality, adjustment must be successful. People who have trouble adjusting are more prone to experience clinical anxiety.
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