If reputable companies such as IBM and Apple have been charged with using bribes to obtain sales, why should you worry about being ethical

Answer:

Elastic

A heart valve for heart attack victims

Red bell peppers  - least elastic

Vegetables  - in between

Food - most elastic

less elastic

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded.

a good that is considered a necessity usually has a less elasticity of demand.

the more narrowly defined a good is, the less elastic demand is. for example, there are many substitutes for food because it is largely defined, so its elasticity of demand would be more elastic

in the short run, demand is usually less elastic because there is a short time to find suitable substitutes. but in the long run, consumers have enough time to find suitable substitutes so demand is usually more elastic

The solution to the given question when we consider total cost and total revenue, given in the following table:

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

Read more about marginal revenue here:

https://brainly.com/question/13444663

#SPJ1

To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.

Answer:

A

Explanation:

The lumpsum he would receive can be determined by calculating the present value of the series of cash flows Jose would receive in the first option

Present value can be calculated using a financial calculator

Cash flow each year from year 0 to 11 = $8000

I = 3%

Present value = $82,021

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

Using the periodic inventory system, the ending inventory under the FIFO, LIFO, and Weighted Average Cost methods is as follows:

                                           Ending Inventory

FIFO                                        $69,800

LIFO                                        $68,300

Weighted Average Cost        $69,066.72

The four recognized costing methods include the following:

These costing methods are based on physical flow assumptions.

FIFO favors the cost of goods sold to be based on the chronological order of purchases or production, while LIFO does not buy the chronological concept.

The weighted average uses the average cost to determine the cost of goods sold and ending inventory.

On the other hand, the specific identification tracks each inventory until it is sold so that its specific cost will be attributed to it.

Date      Activities   Units  Unit Cost   Total Costs

Jan. 1     Inventory      5        $4,200       $21,000

Aug. 7   Purchases   15        $4,300      $64,500

Dec. 11  Purchases   10        $4,400      $44,000

Total                        30                         $129,500

Average cost per unit = $4,316.67 ($129,500 ÷ 30)

Ending inventory = 16 units

FIFO:

Ending inventory = $69,800 (10 x $4,400 + 6 x $4,300)

LIFO:

Ending inventory = $68,300 (5 x $4,200 + 11 x $4,300)

Weighted Average:

Ending inventory = $69,066.72 (16 x $4,316.67)

Learn more about inventory costing methods at https://brainly.com/question/29105779

#SPJ1

Answer:

Option a (It is..........planning) is the appropriate choice.

Explanation:

The question wasn’t connected to certain other alternatives. Thus, the response seems to be the right one.

Answer:

Personal documents are first-hand accounts of social events and personal experiences, and they generally include the writer's feelings and attitudes. They include such things as letters, diaries, photo albums, and autobiographies. Personal Documents may sometimes be referred to as Life Documents

Explanation:

Many other aspects of your life will run more smoothly with your documents in order. With well-organized health and prescription records, it is easier to stay on top of any health conditions you may have. The ability to lay hands on your insurance policies in the event of an issue arising will minimize stress too!

Answer: $228,160

Explanation:

The value that should be placed on this house when analyzing the option of using it as a professional office will be the value of the net proceeds from selling the house and this will be:

= Value of house - Real estate fees

= $248000 - $19840

= $228,160

Therefore, the value that should be place on this house when analyzing the option of using it as a professional office is $228,160

Explanation:

Required earnings are the minimum amount of earnings to meet the cost of equity capital requirements.

required earnings = book value of equity capital×required rate of return on common capital.(or common capital).

multiplying by market value is not correct to find out the required earnings.(option a is false ).

net income is calculated from required earnings, so there is no need to multiply net income or adjusted net income with required rate of return on common equity capital. Hence, b and c both are wrong.

Hence option d that is the book value of common equity capital at the beginning of the period multiplied by the required rate of return on common equity capital, is correct.

Answer:

Country A to specialize in growing corn while country B specializes in making cars

I guess the answer is C. to convince your manager to use a new meeting organization tool

Your family's financial security and independence from these limitations can both be achieved with the aid of a financial plan. You can save enough money with a solid financial strategy to pay for your monthly needs. When your company experiences increased sales, the financial plan can help you manage your finances.

Compared to most other things that money can buy, it really does bring more satisfaction over time. Financial stability has various advantages, including the removal of worry, fear, and anxiety and the replacement of such emotions with feelings of safety and relaxation.

Since most transactions in the real economy take place within the financial system, financial stability is essential for economic growth. When financial stability is absent or unstable, it is easiest to understand the genuine worth of that stability.

A person's mental health determines their level of peace of mind. Every individual on this earth needs money to survive, but if you exclusively rely on it, over time your health and intellect will suffer. The proper response is, "Yes, money is very important. Without money, people would starve to death."

To learn more about financial security visit:

https://brainly.com/question/28481995

#SPJ13

The nature of public administration has undergone significant changes over the years. Traditional public administration was characterized by hierarchical structures.

However, with the increasing complexity of modern society, new challenges have emerged that require a more flexible and responsive approach to public administration.

One of the key changes in public administration has been the shift towards more participatory and collaborative approaches. This has been driven by a growing recognition of the importance of engaging citizens and stakeholders in decision-making processes, and the need to build trust and legitimacy in government institutions.

Another important change has been the adoption of technology in public administration. From e-government initiatives to data-driven decision-making, technology has transformed the way that government organizations operate and interact with citizens.

At the same time, there has been a growing emphasis on performance management and accountability in public administration. This has involved the development of performance metrics, the use of benchmarking and evaluation, and a focus on outcomes rather than inputs.

Overall, the changing nature of public administration reflects the broader shifts in society towards greater complexity, interdependence, and accountability. While there are still many challenges to be addressed, the evolution of public administration offers hope for more effective and responsive governance in the years to come.

For more such questions on administration visit;

https://brainly.com/question/1276995

#SPJ11

Answer:

$467.50

Explanation:

Jordan makes $8.50 per hour. Last week he worked 55 hours. How much money did he make?

8.50 * 55 = $467.50

Answer:

There are several factors that would have prevented Fannie Mae from providing potential lenders with misleading financial statements in an attempt to make the company look like a risk-free investment.

Fannie Mae relied on the confidence of the financial markets and its lenders to access the capital it needed to operate. Providing misleading financial statements to potential lenders could have seriously damaged the company's reputation and made it difficult for the company to raise the capital it needed to survive.

There are several factors that would have prevented Fannie Mae from providing potential lenders with misleading financial statements in an attempt to make the company look like a risk-free investment.

First of all, Fannie Mae had to adhere to stringent financial reporting laws and requirements since it was a publicly listed firm. Second, because Fannie Mae was a government-sponsored business (GSE), the Federal Housing Finance Agency had extra regulatory authority over it (FHFA). If you're not familiar with the FHFA, look it up.

In order to get the operating cash it required, Fannie Mae was dependent on the faith of the financial markets and its lenders. Giving false financial information to prospective lenders might have badly hurt the firm's reputation and made it challenging for the company to acquire the money it required to survive.

Learn more about Fannie Mae, here:

https://brainly.com/question/28012427

#SPJ2

The exact costs of a job are listed on a job cost sheet. Typically, it contains the customer's name, address, job number, job description, start and end dates, as well as an anticipated completion date. During production, the costs for the job are noted on the sheet.

Direct materials plus direct labor plus applied overhead equals the total job cost.

Calculated Overhead Rate = Calculated Overhead / Calculated Activity

Direct materials plus direct labor plus applied overhead equals the total job cost.

It always relates to sales and is therefore included in cost of sales. Bank fees are an expense but also contribute to finance costs. therefore, a tangential administrative overhead.

To Know more about , job description,

https://brainly.com/question/29802928

#SPJ1

Option (e), Reading customer reviews of products that have been put online. The external information source you're employing is called Consumer Report.

Internal data refers to information regarding the business's activities, maintenance, personnel, and finances. Market information that comes from customers and competitors is external. It comprises data like statistics from surveys, polls, research studies, and customer feedback.

Customer review data is the sum of consumer ratings and reviews of products, services, and businesses. Customer feedback data looks at how consumers engage with and use a brand's products and services. what consumers think about a business.

Product reviews help businesses choose which products to stock in addition to helping consumers make informed decisions. According to Invsep, 90% of customers check internet reviews before visiting a business, and 88% of them think that these reviews are just as trustworthy as personal recommendations.

Learn more about Customer review data: https://brainly.com/question/26504286

#SPJ1

In aesthetic reasoning, the form of argumentation that is not commonly used is Option B. Statistical syllogism.

Aesthetic reasoning focuses on the subjective and qualitative aspects of art, beauty, and expression. It involves analyzing and evaluating the aesthetic qualities and experiences associated with a particular artwork, object, or concept. In this context, arguments are often based on personal preferences, individual interpretations, and emotional responses rather than empirical data or statistical evidence.

A. Analogy is a form of argumentation commonly used in aesthetic reasoning. It involves comparing similarities between different objects, experiences, or concepts to support a particular aesthetic judgment or interpretation. By drawing parallels and making connections, analogy helps to explain and communicate aesthetic qualities, associations, or meanings.

C. Definition is another form of argumentation frequently used in aesthetic reasoning. It involves providing clear and precise explanations of key terms, concepts, or aesthetic categories to facilitate understanding and analysis. By defining terms such as beauty, harmony, or expression, individuals can establish a framework for discussing and evaluating aesthetic qualities.

However, statistical syllogism, which relies on statistical data and generalizations, is not commonly used in aesthetic reasoning. Aesthetic judgments are typically subjective and personal, based on individual experiences and perceptions. Statistics and generalizations may not adequately capture the nuances, complexities, and subjective nature of aesthetic experiences.

In summary, while analogy and definition are commonly used in aesthetic reasoning, the statistical syllogism is not typically employed due to the subjective nature of aesthetic judgments. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Which of the following forms of argumentation is not commonly used in aesthetic reasoning?

A. Analogy

B. Statistical syllogism

C. Definition

Know more about Analogy here:

https://brainly.com/question/31569248

#SPJ8

Risk consists of three parts: the uncertain situation, the probability of the situation occurring, and the effect of the event (positive or negative) on the success of the project.

The tripartite definition helps with three critical steps in the risk management process:

When you identify risks, it supports a structured risk description  ("risk metalanguage") of the form: "When you step in, something can happen that leads to it."

In risk analysis, knowing the possible causes allows  to estimate the probability; impact identification is the basis for impact quantification.

When planning risk measures, different parts of the definition offer different ways to respond

The macro environment, in contrast, refers to larger variables that can have an impact on a firm. Demographic, ecological, political, economic, sociocultural, and technical aspects are a few examples of these variables.

Macroenvironment analysis is a component of strategic management for businesses, and it enables them to study and identify potential opportunities and risks that can have an impact on their business. The goal is to give management the knowledge they need to make informed operational decisions.

Financial stability and economic prosperity are promoted by favorable macroeconomic circumstances in a nation.

Thus, The macro environment, in contrast, refers to larger variables.

For more information about macro environment's element, click here

https://brainly.com/question/16080962

#SPJ1

1. The economic order quantity for item 6786 is approximately 2,568 units. If the annual holding cost per unit increases, the EOQ will decrease. The total annual ordering costs will also decrease if the annual holding cost per unit increases.

2. The reorder level for stock item 6787 should be set at 6,000 units to avoid the possibility of inventory-outs.

To calculate the economic order quantity (EOQ) for item 6786, we can use the following formula:

EOQ = √((2 × Annual Demand × Cost per Order) / Holding Cost per Unit)

Given the following data:

Annual Demand = 15,000 units

Cost per Order = R220

Holding Cost per Unit = 10% of R4 = R0.4

Substituting these values into the formula:

EOQ = √((2 × 15,000 × 220) / 0.4)

EOQ = √(6,600,000)

EOQ ≈ 2,568 units (to the nearest unit)

Therefore, the economic order quantity for item 6786 is approximately 2,568 units.

Effect of an increase in the annual holding cost per unit:

1) The EOQ: If the annual holding cost per unit increases, the EOQ will decrease. This is because a higher holding cost per unit means it becomes more expensive to hold inventory, and therefore, it is more cost-effective to order smaller quantities more frequently.

2) Total annual ordering costs: The total annual ordering costs will also decrease if the annual holding cost per unit increases. This is because the decrease in the EOQ will result in more frequent orders, leading to more ordering costs but less holding costs. The decrease in holding costs will outweigh the increase in ordering costs, resulting in a lower total.

Reorder level for stock item 6787 to avoid inventory-outs:

To calculate the reorder level, we need to consider the daily use and lead time for re-supply. The reorder level should be set to ensure that there is enough stock to cover the daily demand during the lead time.

Reorder Level = Daily Use × Lead Time for Re-supply

Given the following data:

Daily Use = 300 units

Lead Time for Re-supply = 5-20 days (let's take the maximum value, which is 20 days)

Reorder Level = 300 × 20

Reorder Level = 6,000 units

Therefore, the reorder level for stock item 6787 should be set at 6,000 units to avoid the possibility of inventory-outs.

learn more about economic order quantity: https://brainly.com/question/26814787

#SPJ1

The figure that should be involved in the income statement is $70,000.

Given that,

We know that in the income statement only revenues & expenses are recorded.

Therefore we can conclude that The figure that should be involved in the income statement is $70,000.

Learn more about the revenue here: brainly.com/question/8645356

Answer:

a,c,f,g

Explanation: its right!!!!

The tasks that Helpers-Production Workers commonly perform include:

The correct options are A, C, and E.

Work that requires manual labor is done by production workers in settings that involve manufacturing or production. Their everyday tasks in an assembly line could include packaging, inspecting, and assembling products. In addition, they might control tools or machinery used in manufacturing.

They may also assist in training assembly workers and keeping records, but supervising other workers and managing budgets are typically not part of their job duties. Production worker assistants perform duties on the factory floor by providing supplies, holding tools, and cleaning workspaces and machinery. Production worker assistants may run and load machinery as well as do small adjustments and repairs.

Thus, the ideal selections are options A, C, and E.

Learn more about production workers here:

https://brainly.com/question/15129221

#SPJ2

If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.

For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.

So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.

Hence, option D is correct.

To learn more about a perfectly competitive firm here:

https://brainly.com/question/27419666

#SPJ1

The value that is assigned to any product is known as Price of the Product.

A product is refers as goods or services prepared with the objective to sale and gets some income in exchange. A product can be both tangible and intangible to use.

The value of any product can be considered as the amount charge to sale it. The calculation pf price will be based on cost of manufacturing along with other expenses calculated till delivered to consumer.

Therefore, price is used to determine the value of any product.

Learn more about Product, here:

https://brainly.com/question/22852400

#SPJ1

The difference between your assets and your liabilities known as your net worth.

Equity is a business term in business or accounting, used to describe the right of the owners of a business assets after the liabilities have been deducted.

In an organization, assets are resources that the company owns. It is everything a business owns, which are cash, equipment, inventory, and investments, while liabilities are obligations that the company have – the difference between them is equity.

Equity is important because it represents the value of an investor's stake in a company, represented by the proportion of its shares. Owning stock in a company gives shareholders the potential for capital gains and dividends.

Learn more about equity here: https://brainly.com/question/25847981

#SPJ1

The company in the packing sector set up a joint body named in order to carry out research into the environmental and social effects of packaging.

They commissioned an unbiased look at on packaging in a market economic system. The findings from the studies have been used to sell exact packaging practices and to inform the legislators, consumers, and hobby groups.

The environmental effect of packaging turned into closely monitored and the choice of packaging become defined.

The producer of products made positive that the packaging standards complied with the subsequent conditions.

• protecting public health

• protecting the surroundings

• protective themselves

• defensive their business by way of keeping their products competitively priced

• offering presentation and branding.

Learn more about term packaging here:-https://brainly.com/question/28006565

#SPJ9

The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.

In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:

1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.

2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.

3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.

4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.

5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.

6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.

for more question on adaptability

https://brainly.com/question/26810727

#SPJ8

Answer: b

Explanation: Because the monopolist must lower the price on all units in order to sell additional units, marginal revenue is less than price. Because marginal revenue is less than price, the marginal revenue curve will lie below the demand curve.