<u>Answer:</u> In economic duress cases the courts look of
the threats and the victim's alternatives.
<u>Explanation:</u>
Duress means where violence is used against the party to forcefully receive signatures of approval on written contract. The violence used can be unlawful threats or coercive behavior without which the person may not agree to commit to. If the pressure given is lawful it does not mean the economic duress is lawful.
Duress is an illegal act which is punishable under law. The court will check if the party had any threat. Also the court will check if the victim had any alternatives such as protesting at that time or the victim has affirmed the contract.
Answer:
organizational learning
Explanation:
Organizational learning -
It refers to the method of modifying and transferring new concepts or information , which improves the performance of the company , is referred to as organizational learning .
The method is very beneficial for the company , which includes the methods like increases in production , using innovative methods , betterment of the relation with the investors .
Hence , from the given information of the question ,
The correct term is organizational learning .
Answer:
(a) the first-in, first-out (FIFO) method; $1054
(b) the last-in, first-out (LIFO) method; $998 and
(c) the weighted average cost method $760
Explanation:
FIFO
Inventory ; 13 units × $38 = $494
14 units × $40 = $560
Total = $1054
LIFO
Inventory ; 13 units × $38 = $494
14 units × $36 = $504
Total = $998
weighted average cost
August 7
New Cost per Unit = ((14 units × $36) + (19 units × $38)) / ( 14 units + 19 units )
= $37.15
December 11
New Cost per Unit = ((33 units × $37.15) + (14 units × $40))/( 33 units+14units)
= $38.00
Inventory Cost = 20 units × $38.00
= $760
Answer: Greater the MPC
Explanation:
The Marginal Propensity to consume refers to how much Economic consumption increases or decreases due to a change in income.
The formula for MPC is;
= Change in Consumption/Change in Income.
Consumption is a major component of GDP so it has a direct influence on Economic output. In other words, the larger the level of consumption, the higher the higher the output.
As evident from the equation, if the change in consumption is higher than the change in income, the MPC will be larger. A larger MPC therefore corresponds to a higher Consumption.
If a higher Consumption leads to a larger output and a larger MPC corresponds to a higher Consumption then that means that a higher MPC leads to a larger output.
