True or false the answer is true
Answer:
hii am from you somehow neighbouring country ghana
Our economic system is free market capitalism, and the benefits vastly outweigh the disadvantages. Capitalism has brought about reduced pricing in everyday items through competition, reduced pricing in large things like medical expenses through innovation (also furthered by competition), and a vast reduction in poverty in the last 50 years. Another advantage is that it requires consent on the side of both buyer and seller, without a third party like the govt. intervening.
Answer:
The correct answer would be option B, Ethics.
Explanation:
Ethics are the rules governing the conduct of a person or group in general or in a specific situation and are also regarded as standards of right and wrong.
Ethics play a vital role on individual level as well as group or organizational level.
There are many principles of ethics, some of the most important are, Justice, accountability, beneficence, etc.
Respecting every body, avoiding violence, treating others with kindness and love, giving way to ambulances, helping others, or even smiling back at someone are all considered as Ethics.
Answer: The president has made the right decision, since the incremental revenue is greater than the processing cost of boxed assorted chocolate.
Explanation:
The question is lacking some information about sales revenue,it is not complete since it is said in the question that boxed assorted chocolate has high sales value and that $10,300 cost of processing cocoa beans eat up most of the cocoa powder profits.
Using the concept of incremental analysis, As a general rule, if the incremental revenue are greater than the incremental processing cost.cocoalicious should process further. Since the incremental revenue of boxed assorted chocolate is greater than the processing cost which would result into higher incremental income for the boxed assorted chocolate. Therefore, the president has made the right decision.
