Answer:
The answer is: D) Utilitarian approach
Explanation:
Mr. Chen is not standing up for his employees because they are good employees and good human beings that deserve to be treated and protected equally. He is using the utilitarian approach since he favors the action that he believes will provide the most good and do the least harm. He is afraid that if his customers find out that the store did something "wrong", they would get angry and stop buying there. So he acts to prevent the greatest possible wrong, which would be losing customers.
Answer:
a. People respond to incentives.
Explanation:
Assuming the state of Wyoming passes a law that increases the tax on cigarettes thereby causing smokers who live in Wyoming to start purchasing their cigarettes in surrounding states.
Consequently, an increase in the tax on cigarettes altered the behavior of the smokers in Wyoming, it made them to purchase from neighboring states.
This illustrates or reflect the fact that people respond to incentives.
Answer:
$1,500
Explanation:
Domestic investment = $1500 billion
Private domestic savings = $3000 billion
Government deficit = $2000 billion
Rise in government spending = $1000 billion
Now,
Trade deficit =
Domestic investment - Private domestic saving - Government savings
also,
Total Government deficits = $2,000 + $1000
= $3,000
and,
Government savings = - Government deficits
= - $3,000
Now we know government deficit is 3000 billion and if spending increases further 1000 billion, the government deficit will be 4000 billion
thus,
Trade deficit = $1,500 - $3,000 - (- $3,000)
or
= $1,500
Answer:
Debit Cash $1,261
Dr card discount expense $39,
Credit Sales Revenue for $1,300
Explanation:
Stelloh's Berry Farm Journal entries
Debit Cash $1,261
($1,3,00-$39)
Dr card discount expense $39,
(3%×$1,300)
Credit Sales Revenue for $1,300
