This statement is incorrect. Philosophers have different views on whether corporations are moral agents and whether assigning moral responsibility to individuals in companies is important.
Divergent philosophical perspectives exist about the morality of companies. While some contend that businesses have moral duties and may be held morally accountable for their deeds, others contend that only individuals can act in a morally upright manner. For a firm to make ethical judgements, corporate internal decision structures (CID) are still crucial.
It might be challenging to ascribe moral culpability for the company's actions to specific employees, yet doing so is essential for accountability. Although it makes sense to refer to businesses as moral beings, this should not relieve those who work for them of their duties.
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It is absurd to speak to businesses as moral agents, either literally or informally when discussing the duties of those who work for them.
It is illogical to refer to companies as moral actors, according to the examination of corporate moral agency in Chapter 5. This is so because businesses are different legal entities from the people who work for them and lack the same ability for moral judgment and action as unique human beings. It may be feasible for companies to make choices and take actions that have moral repercussions, but it is impossible to hold a corporation as a whole morally accountable. The people who work for the firm and make choices and take acts on its behalf must instead bear the moral responsibility for the organization's behavior. However, this could be challenging, Sometimes it can be difficult to pinpoint specific persons who are in charge of specific acts or choices in corporations due to their complicated organizational structures and decision-making procedures.
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if wages rise by 12 percent at the same time prices rise by 3 percent, then the increase in real wages is equal to
If wages rise by 12 percent at the same time prices rise by 3 percent, then the increase in real wages is equal to 9 percent.
Real income, also known as real wage when referring to an individual's income, is the amount of money that an individual or entity makes after taking inflation into account.
The average hourly wage rate expressed in dollars over a specified reference base period is known as the real wage rate. It demonstrates how many goods and services one hour of work can buy. Real wage rate is calculated as (current-year nominal wage rate / current-year CPI) x 100%.
Real wages are decreased by inflation through a decline in the capital stock and a change in relative prices, respectively. The two effects combine to cause a decline in real wages that is greater than the corresponding decline in per-capita GDP. During times of high inflation, this mechanism could contribute to rising poverty.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
In evaluating shipping alternatives, organizations using a low-cost strategy often opt for _____ methods, while organizations using a responsive strategy more often opt for _____, higher-cost carriers.
Answer:
Slower, quicker
Explanation:
Shipping can be regarded as physical movement of goods from one location to another, example is this movement of merchandise from the warehouse to the customer. The shipping process comes after the manufacture of goods and packaging, low-cost strategy and
responsive strategy can be used for shipping alternative. It should be noted that In evaluating shipping alternatives, organizations using a low-cost strategy often opt for slower methods, while organizations using a responsive strategy more often opt for quicker, higher-cost carriers.
Which nation in the region has made huge investments in the development of deep-water wells to extract fossil water
Support Material
Business functions
Activity 1:
Study the following scenarios and answer the questions that flow:
1.1 The sales department is constantly running out of stock because stocks are not ordered on time. The admin clerk is new and files the documents in the wrong place. The purchasing department was not even aware that they should order more stock.
1.1.1 Which department created the problem?
1.1.2 What will the consequences be if the sales department constantly runs out of stock?
1.1.3 How can the problem be solved?
1.2 The creditors are not paid on time and added interest to the account of the business.
1.2.1 Which department created the problem?
1.2.2 What will be the consequences if this continues to happen?
1.3 The workers are always complaining of the third grade stock they have to sell to customers.
1.3.1 Which department created the problem?
1.3.2 How can the problem be solved?
1.4 Clients are constantly surprised on the new items they get on the shelves and some of which they have not seen before?
1.4.1 Which department created the problem?
1.4.2 How can this problem be prevented in future?
In the scenario given, the department that was said to have created the problem is the admin department because the document to show that there was low stocks was filled in the wrong place and as such, the purchasing department was not made aware.
1.1. What will the consequences be if the sales department constantly runs out of stock?The consequences are:
They will have issues with customers demanding product and unfulfilled orders.Complains and lastly they will lose customers.How can the problem be solved?There should be a computerized system on all product and their quantities should be included such that when the product is getting low on stock, the system will alert the admin and appropriate steps to new buy product will be taken
1.2. Which department created the problem?Since the creditors were not paid on time, the department that created the problem is also the admin department
What will be the consequences if this continues to happen?They we be close done.They will not have anyone who will sell products to them.1.3.Which department created the problem?The purchasing department created this problem.
How can the problem be solved?The purchasing department need to buy quality Stocks. They can hire a professional who knows the quality so that he or she can help with the purchase.
1.4.
Which department created the problem?The sales department created this problem
How can this problem be prevented in future? The sales department need to use a method that will not surprise the people such that they can be create an ad or place the new product one at a time not all new product at the same time.
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Write a School Newspaper Article that Highlights the Contributions of School-Health-and-Safety Personnel
Assignment
In this assignment, you will create a fictional school-staff member who is employed in one of the four health-and-safety fields described in this lesson. You will use your imagination to invent a name and biography for your fictional employee, and you will use the information in this lesson to invent realistic job responsibilities for your fictional employee. You may use outside sources to supplement the information supplied in this lesson. You will then write a newspaper story that summarizes your character's achievements and responsibilities. While the article is about a fictional person, who works in a fictional school, the information concerning the person's job responsibilities should be realistic and believable.
To complete this assignment, you will:
Create a fictional employee who works in one of the four health-and-safety fields described in this lesson.
Invent a name, biography, and work history for your fictional employee.
Write a 750-word article for a school newspaper that highlights the contributions your fictional employee makes to a school.
List all references used in the assignment.
School environments that are safe and healthy encourage student engagement and prevent risky behavior. Health-hazardous behaviors are associated with subpar academic performance and worse grades.
Article Outlining School Health and Safety Staff's ContributionsEmployees in school health and safety: Unsung Heroes in Our Schools
Although schools are generally thought of as safe havens for students, it can be difficult to preserve their safety and welfare. Dedicated and hardworking individuals work tirelessly behind the scenes to ensure that schools are secure and healthy spaces for children to learn and grow. The school nurses, counselors, psychologists, and social workers—four distinct professions that make up the health and safety staff—are these hidden heroes.
One such committed worker is Sarah Johnson, the school nurse at East High School. Sarah has worked at East High School for the past five years. She is a nurse with 15 years of experience. With a nursing degree from the University of Michigan, she graduated. Sarah enjoys her job and is passionate about making sure the students are safe and well-cared for.
Sarah's job involves a diverse variety of responsibilities. She is in responsible of evaluating the health requirements of the students, providing first aid and other emergency care, distributing medication, and keeping an eye on individuals who have persistent medical conditions. She collaborates with other healthcare providers and neighborhood organizations to conduct health screenings, inform students and staff about their health, and provide counseling and health education.
Sarah has given the school community immeasurable support. In addition to educating pupils about diet and fitness, she has assisted asthmatic students in managing their condition. She has also collaborated with instructors to provide a secure and healthy learning environment. She has also offered tools and help to families and students who are struggling with challenging medical conditions.
One such school counselor who is essential to the health and safety staff at West Middle School is John Brown. John has worked as a counselor for 20 years, the past 10 of which he has spent at West Middle School. He graduated from Michigan State University, where he also earned a counseling degree. John is passionate about helping kids through the challenges of adolescence while providing them with the support they need to achieve.
John's job include helping children with their academic, social, and personal issues. He collaborates with teachers to create a welcoming learning environment, provides both individual and group therapy for children, and helps them develop coping mechanisms for stress and anxiety. He collaborates with parents, community associations, and other professionals to support children's academic and social development.
John has contributed so much to the school's community. He has aided children in coping with the stress of middle school and helped them develop the self-confidence and resilience they need to succeed in school and in life. He has also worked with teachers to create a helpful and inviting classroom environment. Also, he has provided support and resources to families and kids who are dealing with serious personal issues.
The school health and safety team must also include school psychologists and social workers. They offer assistance and services to families and kids who are struggling with emotional and behavioral problems. To foster a welcoming and supportive learning environment at school, they collaborate closely with teachers, counselors, and administrators. To further the welfare of students and families, they work with neighborhood associations and other experts.
In conclusion, staff employees who work in school health and safety are unsung heroes in our classrooms. They work nonstop to keep the schools where our children go safe and healthy learning environments. John Brown, Sarah Johnson, and other school health and safety staff members all share a dedication to the welfare of children and a love for what they do. They are highly appreciated and play a crucial part in the daily operations of the school.
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Q 7.24: A small grocery store has three employees working each shift, but they only have one checkout register. Depending on which employee is available when a customer is ready to check out, all three employees use the same register at various times of the day. Which principle of control activities does this grocery store violate
Calculate the goodwill and nci at the date of acquisition of soil using the five method and ina approach.
To calculate the goodwill and NCI (non-controlling interest) at the date of acquisition of Soil using the five method and INA (Income and Net Asset) approach, you will need to follow these steps:
1. Determine the fair value of the identifiable assets and liabilities of Soil at the date of acquisition. This includes tangible assets, intangible assets, and liabilities.
2. Calculate the net assets of Soil by subtracting the total fair value of the liabilities from the total fair value of the assets.
3. Calculate the NCI using the INA approach. This involves multiplying the net assets of Soil by the NCI percentage. The NCI percentage represents the proportion of ownership held by the non-controlling shareholders.
4. Calculate the goodwill using the five method. This approach involves subtracting the net assets of Soil from the purchase consideration (the amount paid to acquire Soil). If the purchase consideration is higher than the net assets, the difference represents goodwill.
It's important to note that the specific calculations and steps may vary depending on the details of the acquisition and the financial reporting standards being used. I would recommend consulting the relevant accounting standards and seeking professional advice if needed.
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Cactus cactus? or Bagel bagel?
Answer:
Both
Explanation:
when can a spot check be completed and how many are required daily?
A spot check is a type of audit or inspection that is conducted periodically to ensure that an organization is meeting its compliance requirements.
It is intended to provide an additional layer of oversight, and to ensure that any issues are identified and addressed quickly. Spot checks can be conducted at any time, but are typically done during regular business hours.
The frequency of spot checks depends on the organization and the type of compliance requirements being checked. Generally, spot checks should be conducted at least once a month, and more often if the organization is subject to more stringent compliance requirements.
The number of spot checks required daily depends on the size of the organization and the complexity of its compliance requirements. For larger organizations with more complex compliance requirements, multiple spot checks may be required daily.
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A monopoly produces x at a marginal cost of $20 per unit and charges a price of $50 per unit. Determine the elasticity of demand at the profit-maximizing price of $50.
The elasticity of demand at profit-maximizing output is 1.67 for the monopoly
Market power is the ability of a firm to charge a price above the marginal cost. The market power is measured using Lerner's index, which ranges from zero to one, where zero means no market power, while a Lerner's index close to one indicates high market power. For instance, perfect competition has zero Lerner's index while the monopolist's index is close to one.
Given that;
MC = $20
P = $50
We use the formula for calculating Lerner's index to find the elasticity of demand:
\({}\displaystyle L=\frac{P-MC}{P}=\frac{1}{E}\\\displaystyle L=\frac{50-20}{50}=0.6\\\therefore 0.6=\dfrac{1}{E}\\E=1.67\)
The elasticity of demand is 1.67
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During a project, it is determined that some of the necessary equipment will arrive 1 week later than anticipated. In order to keep the project moving, the project manager decides to begin the second step of the project before the first step is completed. During what phase of the project management process would this occur in?.
Perceiving and researching demands is the initial stage in creating educational software. The strategic plans for project management, human resources, or individual development may already include requests for employee education.
A management technique for organizing and overseeing products or the execution of a task is project management. This procedure, which is focused on the beginning principles of the process and overall task control, starts once the patron has given their approval based on the terms of the contract.
A mission's preferred results are explained, arranged, and successfully delivered using the four phases that make up the ITS challenge control Lifecycle. These include Initiation, Planning, Execution, and Closing.
To deliver something of value to people, project management uses a variety of specialized knowledge, abilities, tools, and procedures. Projects include the creation of software for enhanced corporate processes, the construction of a building, the relief effort following a natural disaster, and the growth of sales into a new geographic market.
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Design 1: Flat Solar Panels
A field of flat solar panels angled to best catch the sun will yield 2.6 MW of power and will cost $87million initially with first-year operating costs at $2million, growing $250,000 annually. It will produce electricity worth $6.9 million the first year and will increase by 8% each year thereafter.
Design 2: Mechanized Solar Panels
A field of mechanized solar panels rotates from sideto side so that they are always positioned parallel to the suns rays, maximizing the production of electricity. This design will yield 3.1 MW of power andwill cost $101 million initially with first-year operating costs at $2.3 million, growing $300,000 annually. It will produce electricity worth $8.8 million the first year and will increase 8% each year thereafter.
Design 3: Solar Collector Field
This design uses a field of mirrors to focus the suns rays onto a boiler mounted in a tower. The boiler then produces steam and generates electricity the same way a coal fired plant operates. This systemwill yield 3.3 MW of power and will cost $91 million initially with first-year operating costs at $3 million, growing $350,000 annually. It will produce electricity worth $9.7 million the first year and will increase 8% each year thereafter.
The following is a description of a typical day in the life of a MARRIOR. 1st Design The initial cost is $87 million. Yearly earnings: $6.9 million 8% annual income growth rate .
Yearly operational costs: $2 million, increasing at a rate of $250,000 per year. $6.9 million - $2 million - ($87 million / 25) annual cash flow - ($2,000,000 - $250,000) = $2.54,000,000 $2.54 million * (1 - 1/(1+10%)25) / 10% = $19.63 million PW of cash flow Design 2 The initial cost is $101 million. Yearly earnings: $8.8 million 8% annual income growth rate Yearly operational costs: $2.3 million, increasing by $300,000 each year. Yearly cash flow = $4.22 million = $8.8 million - $2.3 million - ($101 million / 25) - ($2.3 million - $300,000) Cash flow profit: $4.22 million * (1 - 1/(1+10%)25) / 10% = $32.66 million Design 3: Original cost: $91 million\sAnnual $9.7 million in earnings 8% annual income growth rate Yearly running costs: $3 million, increasing at a rate of $350,000 per year. Yearly cash flow = $5.13 million = $9.7 million - $3 million - ($91 million / 25) - ($3 million - $350,000) Cash flow profit: $5.13 million * (1 - 1/(1+10%)25) / 10% = $39.59 million Design 3 has the highest current worth based on the PW analysis and would be the recommended design. Design 2 is the second best alternative, with the lowest present value.
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Question 37
Which of the following makes it less likely that private solutions to externalities will succeed? Select the best answer.
high transaction costs
free legal services
low transaction costs
O a small number of affected parties
High transaction costs makes it less likely that private solutions to externalities will succeed. Option a is correct.
High transaction costs make it less likely that private solutions to externalities will succeed. Transaction costs refer to the costs associated with negotiating and enforcing agreements between parties. When transaction costs are high, it becomes more difficult and costly for individuals or businesses to coordinate and reach mutually beneficial solutions to externalities.
These costs can include the expenses of gathering information, bargaining, monitoring compliance, and enforcing agreements. In the presence of high transaction costs, it becomes more challenging for affected parties to overcome coordination problems and effectively internalize the external costs or benefits, reducing the likelihood of successful private solutions to externalities. Option a is correct.
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--The complete question is, Which of the following makes it less likely that private solutions to externalities will succeed? Select the best answer.
a. high transaction costs
b. free legal services
c. low transaction costs
d. a small number of affected parties--
hi i need help plz its
Extras you receive for employment, which could include retirement plans, health insurance, and vacation time, are called ______. A. Flextime b. Income c. Benefits d. Outlook Please select the best answer from the choices provided A B C D.
Answer:
C. Benefits
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With illustration explain how marriage/synergistic value is created arises
When two people get together and pool their resources, abilities, and skills to accomplish more than they might have done on their own, they are creating a marriage or synergistic value.
The idea of a puzzle can serve as an example of this value.Think of each person as a jigsaw piece with a distinct shape and pattern. When two people marry, they join their disparate parts to form a more complex and substantial whole.
Without a single component, the total picture would be without something important and crucial that each piece adds.
Similar to this, in an union, each spouse brings unique skills and talents to the table that, when combined, can result in more fulfilment and success than either could get on their own.
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If the cost of production decreases for Tesla’s cars, what effect will this have on consumers who want to buy one???
Answer:
The consumers will pay more.
Explanation:
Should the production cost increase, the price of Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.
a bank's required reserves are: multiple choice a financial asset for the fed. a financial liability for the bank. counted as money. a financial liability for the fed.
A bank's required reserves are a financial liability for the bank. A bank's required reserves refer to the amount of money that the bank must keep in reserve, either in its own vaults or in an account at the Federal Reserve Bank.
These reserves are the bank's last line of defense against bank runs or other types of financial instability. Banks use their reserves to cover withdrawals by depositors, as well as to meet other obligations that may arise.
A bank's required reserves are a liability for the bank because they represent funds that the bank cannot use for other purposes. These reserves are mandated by the Federal Reserve, and failing to meet the reserve requirement can result in penalties for the bank.
In addition, the bank must pay interest on reserves held at the Federal Reserve Bank, which further reduces the bank's profits.
Reserves are not counted as money because they are not available for use by the bank or its customers. Instead, they are held in reserve to ensure that the bank is able to meet its obligations and maintain its solvency.
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Completing the Free Application for Federal Student Aid (FAFSA) application
can:
OA. point you toward many different forms of financial aid.
B. identify your future earnings.
C. identify relevant career paths for you.
O
O
D. guarantee that you will get a loan to meet your financial needs.
Answer: A
Explanation: FAFSA is used to show the government various things about your life and income so they can see what scholarships/grants/aid can be given to you!
The Free Application for Federal Student Aid (FAFSA) application can point you toward many different forms of financial aid. The correct option is (A).
What do you mean by Free Application for Federal Student Aid?The official application for federal financial help to cover college costs is the Free Application for Federal Student Aid, or FAFSA. Many states, certain colleges, and universities also use it when deciding who gets financial help.
According to the data gathered from the application, the FAFSA specifically decides who will receive aid in the form of loans, scholarships, and grants.
Information from the FAFSA is also used by states, certain colleges and institutions, and private scholarship programmed to determine financial aid choices.
All of these types of aid are accessible through the FAFSA, which is handled by the Office of Federal Student Aid.
Therefore, the Free Application for Federal Student Aid (FAFSA) application can point you toward many different forms of financial aid.
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All of the following are characteristics of a nonprogrammed decision situation except:
a.
complex
b.
multivariate
c.
unstructured
d.
new
The characteristic of a nonprogrammed decision situation that does not apply is: d. new
A nonprogrammed decision situation refers to a decision-making scenario that is unique, unstructured, and requires a customized approach. It involves making decisions for problems that have not been encountered before or have not been addressed through pre-established routines or procedures.
The other characteristics listed are applicable to a nonprogrammed decision situation: a. complex: Nonprogrammed decisions often involve complex issues or problems that require in-depth analysis and consideration of multiple factors.
b. multivariate: Nonprogrammed decisions require consideration of multiple variables or factors that can influence the decision-making process and outcome.
c. unstructured: Nonprogrammed decisions are often characterized by a lack of clearly defined procedures or predetermined solutions. They require creative thinking and problem-solving skills to develop appropriate responses or courses of action.
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Which of the following is not a feature that accounts for the success of the Nurse-Family Partnership?a. Use of nursesb. Targeted naturec. Use of paraprofessionalsd. Intensity
The feature that is not accounted for the success of the Nurse-Family Partnership is the use of paraprofessionals. The correct answer is option-c.
The Nurse-Family Partnership is a program that provides prenatal and postnatal care to low-income, first-time mothers. It utilizes registered nurses to provide home visits to these mothers, delivering evidence-based interventions that promote healthy pregnancy outcomes, child development, and maternal self-sufficiency.
The targeted nature of the program is one of its key features, as it focuses on a specific population that is at high risk for poor health outcomes. Additionally, the intensity of the program, with nurses making frequent home visits, is another important factor in its success.
However, the use of paraprofessionals is not a feature of the Nurse-Family Partnership, as the program specifically utilizes registered nurses who have received extensive training in maternal and child health. The expertise and specialized knowledge of nurses are essential to the success of the program, and the use of paraprofessionals would not be a suitable replacement.
Therefore, the correct answer is option-c.
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Which of the following describes buying insurance? (1 point)
O The premium is a cost that would be higher if the likelihood of the loss were lower.
O A premium is a benefit that the insured receives from the insurer.
O A premium is a cost that increases if the risk of a financial loss increases.
O A copayment is a benefit that might increase if the premium is decreased.
When purchasing insurance, a premium is a cost that rises as the likelihood of a monetary loss increases.
Is purchasing insurance a risky endeavour?The right response is transfer, the risk is transferred to the insurance business when an investor, in this situation, purchases an insurance cover. This indicates that the insurance company will compensate the insured should the risk covered by the policy materialise. Consequently, purchasing insurance is a method of transferring risk.
What does the definition of an insurance premium mean?the monthly premium you pay for health insurance. You typically have to pay a deductible, copayments, and coinsurance in addition to your premium for your health care.
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prime factorization of 1624
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
In this problem, you are to test the validity of your forecasting model. Here are the forecasts for a model you have been using and the actual demands that occurred: WEEK FORECAST ACTUAL 1 745 855 2 805 955 3 905 1,005 4 905 855 5 955 855 6 930 980 a. Use the method stated in the text to compute the MAD and tracking signal for each week. (Negative values should be indicated by a minus sign. Round your "Tracking Signal" to 2 decimal place and all other answers to the nearest whole number. ) b. Decide whether the forecasting model you have been using is giving reasonable results. The forecasting model is unacceptable The forecasting model is acceptable
The business routinely overestimates demand an immediate model adjustment to reflect accurate forecasts for the following six months.
Why do you use the word demands?Demand appears to be the crucial criterion to purchase a particular good or service.The need for a specific good on the market is known as market demand. All total demand for items and services as in economy is known as aggregate demand. The cost of a commodity or service depends on how well supply and demand remain matched. recognizing the idea of demand.
FORECAST ACTUAL
April 256 206
May 328 252
June 403 330
July 353 305
August 378 324
September 452 395
April Forecast Accuracy = 206/256 = 80.5%
May Forecast Accuracy = 252/328 = 76.8%
June Forecast Accuracy = 330/403 = 81.9%
July Forecast Accuracy = 305/353 = 86.4%
August Forecast Accuracy = 324/378 = 85.7%
September Forecast Accuracy = 395/452 = 87.4%
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If the rate of increase of total utility declines as the quantity consumed of a good increases, it follows that marginal utility must be
Answer:
negative
Explanation:
Marginal utility refers to the additional satisfaction that a consumer obtains from getting one more unit of a good. Marginal utility is negative if the overall utility decreases with the consumption of one more unit.
As the rate of increase of total utility declines, the quantity consumed of a good increase. It follows that marginal utility must be negative.
How long does it take to make an impression?
Several minutes
30 seconds
One hour
2 minutes
●How long does it take to make an impression?
→2 minutes
I guess.
may this helps you
bye
describe a new product concept that you think would meet unfilled consumer needs in your favorite sport.
A new product concept that would meet unfilled consumer needs in my favorite sport is a smart basketball with built-in sensors and augmented reality capabilities.
This innovative smart basketball is designed to revolutionize the way basketball players train and improve their skills. With built-in sensors, the ball can track various metrics such as shooting accuracy, ball handling, and dribbling speed. These metrics are then sent to a companion app on the player's smartphone or tablet, providing real-time feedback and detailed analysis of their performance. The app also offers personalized training programs and drills tailored to the player's specific needs, helping them to focus on areas that require improvement.
Additionally, the smart basketball incorporates augmented reality (AR) capabilities, allowing players to visualize and interact with virtual elements during their training sessions. For example, the ball could project virtual defenders or targets onto a real basketball court, creating immersive and dynamic training scenarios. This not only adds an element of excitement to the training experience but also helps players to develop their decision-making and spatial awareness skills in a realistic and engaging manner.
By combining advanced sensor technology with augmented reality, this smart basketball concept addresses the unmet needs of basketball players by providing them with a comprehensive and interactive training tool. It offers personalized feedback, performance analysis, and immersive training experiences, ultimately enhancing players' skills and performance on the court.
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Which situation requires using the lower-of-cost-or-market basis to valuing inventory instead of the cost basis?
When the market price of the inventory is less than its cost basis, the lower-of-cost-or-market basis is utilised to value the inventory.
When the market value of the inventory is less than its initial cost, it is valued using the lower-of-cost-or-market (LCM) basis. This is required when the selling price of inventory declines as a result of market developments, such as shifts in supply and demand or technical advancements. Using the LCM basis allows for a more accurate assessment of inventory in certain circumstances where the cost basis may not adequately reflect the inventory's real value. This correction is necessary for the financial statements' accurate matching of expenditures and revenues as well as for the provision of a realistic evaluation of a company's financial situation.
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The prospects for many types of jobs are ____ as automation progresses from manufacturing to clerical and retail jobs. Select one: a. best b. poor c. good d. unchanged
Answer:
Poor
Explanation:
Automation has made certain jobs redundant and machines can now carry out most of the functions usually carried out by labour. As a result, the prospects for many types of jobs is low