Answer: The Sarbanes-Oxley Act increases the penalties for corporate wrongdoing. (A)
Explanation:
The Sarbanes-Oxley Act was passed to reduce corporate fraud. The Act led to the creation of the Public Company Accounting Oversight Board which was in charge of overseeing the accounting industry. Protection was given to whistleblowers and giving company loans to executives was banned. Chief executive officers were also held responsible for errors made in accounting audits.
The Sarbanes-Oxley Act was as a result of financial scandals involving publicly traded firms such as WorldCom, Tyco International Plc and Enron Corporation in 2000. The frauds in the companies affected the confidence of investors which eventually led to the Act.
Answer: 1. $130 2. $225
Explanation:
For price discrimination to be implemented by a monopolist, it is vital that the direct elasticity of demand for the product at a price from different buyers to be significantly different:
in order for the customers to be easily identifiable;
so that further resale of the goods by buyers is not possible.
Check the attached file for the solutions to 1 and 2.
<span>The correct option is C. Institutions, in economics refers to organisation, establishment and foundations that are involved with regulation and management of money, goods and services in an economy. Economic institutions include: banks, governmental organisations, investment funds, etc, Legal system is not part of economic institutions.</span>
The reason why companies try to respond promptly to complaints is to D. minimize negative word of mouth and rumors.
<h3>Why do companies deal with customer complaints quickly?</h3>
A company's reputation is very important to it and can be the difference between success and failure.
To avoid losing this reputation to rumors and negative word of mouth, they respond to customer complaints quickly to calm the customer.
Find out more on customer complaints at brainly.com/question/20388620.
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Answer:
$54,000
Explanation:
The opportunity cost is that cost which can be given the benefit out of the given options. In another way, it would be select the best alternative option which gives you the best results or benefits.
In the given case, Allison earns $54,000 in her first year of employment and if she works with her father she earns an annual salary of $38,000. So, the opportunity cost, in this case, would be $54,000