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Katarina [22]
3 years ago
15

Cotton created the antebellum South. The wildly profitable commodity opened a previously closed society to the grandeur, the pro

fit, the exploitation, and the social dimensions of a larger, more connected, global community. How did this profitable commodity effect the institutions of slavery in America?
Business
1 answer:
Amiraneli [1.4K]3 years ago
5 0

Answer:

Slavery in the southern US began to expand in the Virginia Colony with the tobacco plantations in the Chesapeake area. It expanded southwards with time, first to the Carolinas, were slaves were imported to work in Rice Plantations, and, finally the Georgia colony.

However, cotton began to replace tobacco, rice and sugar in the South, because it was more profitable, and suited better the soil and climate of the region. With the cultivation of cotton, slavery became widespread in the US. The majority of slaves were "imported" from the end of the 17th century to the first decades of the 18th century.

Cotton plantations made then, slavery institutions of the antebellum South widespread, strong and entrenched. The economics of the South practically depended on slavery, just like the economics of the Roman Empire a millenium ago.

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Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more t
SpyIntel [72]

Answer:

a-1)

- Project A = 0.70

- Project B = 0.64

- Project C = 0.81

- Project D = 1.29

a-2) Mountain Ski Corp. should choose projects D and C

b) Lakeway Train Co. should choose project B

Explanation:

It’s needed to calculate the coefficient of variation for each project

Formula:  CV=σ/μ

Where:  

σ = standard deviation

μ = mean

The coefficient of variation (CV) is a ratio that compares the standard deviation with the mean of a project`s return, indicating the volatility and risk of it. The lower its value the better risk-return trade-off. So, a company set up to take large risks such as Mountain Ski Corp. would choose projects with high CV (Projects D and C), and a risk-averse company such as Lakeway Train Co. would choose projects with low CV (Project B).

5 0
3 years ago
A firm with market power has an individual consumer demand of q = 20 − 4p and costs of c = 4q. what is the optimal price to char
hammer [34]

$4, is the optimal price to charge for a block of 4 units.

Market power is the ability of a firm to influence supply, demand, or both in order to change the price of a product in the marketplace.

A corporation with significant market power has the power to control its profit margin by manipulating the market price. It may also be able to raise barriers for potential new entries into the market.

Because they may set or change the retail price of an item without giving up market share, companies with market power are frequently referred to as "price makers."

To learn more about Market power here

brainly.com/question/14927883

#SPJ4

7 0
1 year ago
Quesuon completion Status:
QveST [7]

Answer:

b. an ethical duty beyond those duties mandated by law.

Explanation:

Business ethics involve policies and practices concerning duties that go beyond those mandated by law. Anyhow, the law sets the tone for business ethics as a guideline that a company can follow to foster and gain public approval.

8 0
3 years ago
The 10-year bond of Crown Electronics is selling at $960 each. The bond has a coupon rate of 8% and par value of $1,000. The fir
stich3 [128]

Answer: 5.36%

Explanation:

The after-tax cost of debt refers to the interest that is paid on debt which is then less the income tax savings as a result of the deductible interest expenses.

When calculating the after-tax cost of debt, the effective tax rate of a company should be subtracted from 1, after which the difference will be multiplied by the cost of debt. This will therefore be:

= Rate (10,8% × 1000, -960 + 20, 1000) × (1-40%)

=5.36%

6 0
3 years ago
For its year ended December 31, 2018, Cupressa Corporation, an S corporation, had net income of $216,000 which included $180,000
EleoNora [17]

Answer:

b.$20,000 ordinary income and $4,000 net long-term capital gain .

Explanation:

For 2018, each shareholder should report:

180,000/9 = 20,000

36,000/9 = 4,000

b.$20,000 ordinary income and $4,000 net long-term capital gain

6 0
3 years ago
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