Answer:
Equilibrium price and quantity would fall
Explanation:
Substituite goods are goods that can be consumed in place of each other. If the price of a good increases, consumers can easily subsituite to the other good.
If cappuccinos and lattés are subsituites, if the price of cappuccinos falls, the demand for cappuccinos would increase and the demand for lattes would fall because lattes are now relatively more expensive than cappuccinos.
The fall in demand leads to a fall in quantity demanded and price.
I hope my answer helps you.
If consumers view cappuccinos and lattés as substitutes, a drop in the price of cappuccinos makes them more attractive, causing a decrease in demand for lattés, which in turn leads to a decrease in the equilibrium price and quantity of lattés.
Explanation:In the field of economics, when consumers view two goods, in this case, lattés and cappuccinos, as substitutes, a fall in the price of one good (cappuccinos) would lead to a decrease in demand for the other good (lattés). This situation happens because consumers would switch from the more expensive good (lattés) to the cheaper one (cappuccinos). As a result, the equilibrium price and quantity of lattés would decrease.
This is a basic principle of supply and demand: If the price of a substitute good (cappuccinos) decreases, the demand for the other good (lattés) falls, leading to a decrease in its price (equilibrium price) and the amount sold (equilibrium quantity).
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If Avogadro's number of pennies is divided equally among the 321 million men, women, and children in the United States, how many dollars would each receive? How does this compare with the gross domestic product (GDP) of the United States, which was $17.419 trillion in 2015? (The GDP is the total market value of the nation's goods and services.)
To compute how much each person in the U.S. would receive from Avogadro's number of pennies, divide 6.022 x 10²23 (Avogadro's number) by 321 million and then convert the result from pennies to dollars. The per capita distribution from Avogadro's pennies is hypothetical and would not reflect actual wealth, unlike the GDP, which measures actual economic output. The $3,500 in circulation per person is not physically carried but held across various institutions.
Explanation:To calculate how much money each person would receive from Avogadro's number of pennies, we need to first understand what Avogadro's number is. Avogadro's number, which is approximately 6.022 x 1023, is the number of units (atoms, molecules, etc.) in one mole of a substance. Considering pennies instead of atoms and dividing this huge number by the U.S. population provides an interesting way to understand the scale of Avogadro's number in terms of currency distribution.
First, let's calculate the number of pennies per person:
Divide Avogadro's number by the population of the United States (321 million).The resulting number is the amount of pennies each person would receive.Now, let's convert the number of pennies to dollars:
Since there are 100 pennies in a dollar, divide the number of pennies per person by 100.As for the comparison with the GDP of the United States, the per capita amount from Avogadro's number of pennies would be a hypothetical figure to illustrate the size of Avogadro's number, whereas the GDP represents the actual economic output of a nation. Comparing the two would show an unrealistic distribution of wealth if it were based solely on Avogadro's number of pennies.
Regarding where the cash is if the total amount of U.S. currency in circulation divided by the population is about $3,500 per person, not all cash is carried by individuals. It is often stored in banks, businesses, and other financial institutions, as part of the transaction processing system, or used in investment and savings programs.
Using the high-low method, what is the variable cost? $2 per direct labor-hour $2.31 per direct labor-hour $.30 per direct labor-hour $3.33 per direct labor-hour
Answer:
$0.30 per direct labor-hour
Explanation:
The computation of the variable cost per direct labor is shown below:
Variable cost per direct hour = (High maintenance cost incurred - low maintenance cost incurred) ÷ (High direct labor hours - low direct labor hours)
= ($4,000 - $1,900) ÷ (9,000 hours - 2,000 hours)
= $2,100 ÷ 7,000 hours
= $0.30 per direct labor-hour
When reconciling a bank account, which one of the following is considered a timing difference (difference between the bank balance and the book balance)?
Answer:
The correct answer to the following question will be "Errors".
Explanation:
Many of the reasons why the equilibrium on the bank statement differs from the equilibrium of the books involve:
Charges on bank services and printing fees for checking. Errors on both the books for the firm. The bank balance is seen in the bank statement issued by the government and the equivalent figure shown in the financial statements of the company.Therefore, it would be the right answer.
In the context of the environment, globalization critics argue that Select one: A. manufacturing enterprises are put at a competitive disadvantage by moving their production facilities to nations that do not have burdensome regulations. B. while pollution levels are rising in the world's richer countries, they have been falling in developing nations. C. adhering to labor and environmental regulations significantly increases the costs of manufacturing enterprises. D. free trade discourages firms from advanced nations to move manufacturing facilities to less developed countries. E. as countries get richer, they relax their environmental and labor regulations.
Answer:
C) adhering to labor and environmental regulations significantly increases the costs of manufacturing enterprises.
Explanation:
Many times large corporations move their production facilities to countries with very few or nonexistent environmental regulations. That way they can lower production costs and avoid any type of fine or penalty associated with polluting the environment. The same happens with labor laws, corporations look for countries with cheap labor and the fewest or weakest labor laws. In the US labor is restricted to a certain number of hours per week and a minimum wage, while that operate in some Asian countries force their workers to work 12-16 hours per day and pay them only a few cents per day.
But somehow this scenario seems to work for some poor countries, e.g. China has grown a lot and is currently leaving behind certain practices specially by enforcing a minimum wage on factories. But the leaders of other poor countries apparently are fine with the situation and are not interested in changing it. They probably fear that if they apply strict labor and environmental laws, foreign corporations will leave.
The general pattern that consumption of the first few units of any good tends to bring a higher level of utility to a person than consumption of later units is known as : A. Law of Diminishing Marginal Utility B. Marginal Analysis
Answer:
Law of Diminishing Marginal Utility
Explanation:
The Law Of Diminishing Marginal Utility states that all things being equal as consumption rises the marginal utility derived from additional unit of consumption falls.
______ property refers to property that is the product of any innovative activity, such as a screenplay, a music score, or the chemical formula for a new drug.
Answer:
Intellectual property
Explanation:
Intellectual property -
It is category of property , which consists of the intangible creations of the human intellect , is referred to as intellectual property.
The example of the Intellectual property are - trade secrets , trademarks , patents and copyrights .
It refers to the outcome of some innovative activity , like music , plays etc.
Hence, from the given information of the question,
The correct term is Intellectual property .
The term "utilization" denotes the fraction of time a resource is busy. Let's say your workload gradually increases, from you not being busy at all, to the point where you are now busy just less than half the time, meaning your utilization is now approaching 50%. Let's further say that your workload will continue to increase from here. If your workload quadruples from its current level, how many extra people should you hire to be able to handle all the work (assume that any person you hire will be exactly as productive as you)?
Answer:
The term "utilization" denotes the fraction of time a resource is busy. Let's say your workload gradually increases, from you not being busy at all, to the point where you are now busy just less than half the time, meaning your utilization is now approaching 50%. Let's further say that your workload will continue to increase from here. If your workload quadruples from its current level, how many extra people should you hire to be able to handle all the work (assume that any person you hire will be exactly as productive as you)?
4 people
Explanation:
Since the utilization at 50% means half work done then if its quadruples, it means the work rate will increase to 200%. Only 4 people would be able to match same strength as the initial self.
"Logos, stationery, brochures, signs, business forms, business cards, buildings, uniforms, and company trucks are all examples of ________ that can be used to help a company create an identity that the public immediately recognizes."
Answer:
Corporate marketing
Explanation:
Corporate marketing -
It is the method , by which the organization or corporates attracts the potential customers , is referred to as corporate marketing.
They uses many innovative method in order to get more customers and flourish their company.
Various logos , cards , brochures etc. are used in this method .
Hence, from the given scenario of the question,
The correct term is corporate marketing.
Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark that goes away after a few weeks. He has no other symptoms. What kind of exposure is this considered?
Select the best option.
A. Acute
B. Chronic
C. Deadly
D. No Effect
Answer:
its a;acute
Explanation:
dont listen to the dude above me
When your eyes or skin come into touch with an irritant, such as an acid-base, you get a chemical burn. Caustic burns are another name for chemical burns. They may induce an allergic reaction on your skin or elsewhere in your body.
Acute exposure is also known as small degree burns occurs when an individual comes in contact or into touch with a chemical acid or base for a short period of time. It could be a few seconds or several hours long. A minor burn that fades away after a few weeks, for example, is evidence of acute exposure, according to the question.
So, options B and C, deadly and chronic chemical exposures represent the severe damages with extreme complications for a lifetime. Therefore, option A is the correct answer.
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Momentum Automobiles, an automobile manufacturer, hires Dreams Inc. to cater to its advertising needs. Momentum is only required to provide the necessary finances and does not take part in any decision making. In the given scenario, Momentum Automobiles would be classified as a(n) (Points : 5)
1. client.
2. illustrator.
3. full-service agency.
4. advertising agency.
5. media organization
Answer:
1. client
Explanation:
The momentum Automobiles commonly known as an automobile manufacturer, hires Dreams Inc. to cater to its advertising needs. Momentum is only required to provide the necessary finances and does not take part in any decision making. In the given scenario, Momentum Automobiles would be classified as Client.
Tanya is planning a presentation on the best practices in communication. After much thought, she decides to restrict herself to just three key points. Tanya most likely decides to stick to just three key points in her presentation because
Answer:
Only some main points (two or four points can be understood by audiences
Explanation:
Tanya only has to include two to four main points that the viewers will recognize, she has to prepare a lecture about best practices of conversation according to her. She agrees, after much thinking, to confine herself to just three key points. The fewer points she makes, the more she will clarify.By this, she will prepare herself for the best.
Existing auction sites, such as eBay, are inherently more valuable to customers than new auction sites. This basic economic fact is called a(n) _____.
Answer:
The correct answer to the following question will be the "Lock-in effect".
Explanation:
Lock-in effect is a concept that can be spoken about either indoor or outdoor economics. Unlike route dependency, lock-in arises in economics whenever an agent behaves in a certain way because it's more productive when considering change costs, although it might not be successful when considering change costs.Operating online shops, such as eBay, Amazon, etc, are infinitely more valuable to the buyer than modern resale sites. The basic economic reality is called the Lock-in Effect.Therefore, Lock-in Effect is the right answer.
Levi’s an experienced marketing strategist for a software company that sells a learning platform to public schools. He developed healthy individual measurement habits that drive his success in constantly evolving his company’s marketing strategies to the schools’ changing needs. What are two habits Levi developed to help him evaluate and adapt his marketing strategies?
Answer:
The two habits that help Levi improve his marketing strategy are:
Measuring: Levi has developed a system to measure his performance in an objective way, and he does so constantly. This allows him to know exactly what his doing right and wrong.Tailoring his strategies to the measurements: Levi does not modify his marketing strategy out of thin air. On the contrary, he looks up his data, and with that input, decides what modifications to make. That is a very smart habit because it allows him to focus on what needs to be improved.
Levi developed two key habits to adapt his marketing strategies: rigorous data analysis to monitor and adjust campaigns, and setting clear goals to keep strategies focused and measurable.
Levi, an experienced marketing strategist, developed two key habits to evaluate and adapt his marketing strategies effectively. First, he might have engaged in rigorous data analysis, monitoring key performance metrics closely to understand the impact of his marketing campaigns, much like a coder who continually evaluates the efficiency of their code to improve user experience. This approach allows him to modify strategies based on performance data continually.
Second, following the principles highlighted by Stephen Covey, Levi would begin with the end in mind, setting clear and specific goals for his marketing campaigns. This habit ensures that each marketing effort is purpose-driven and that success can be measured against pre-defined objectives. Setting specific targets also helps maintain a strategic focus, enabling timely adjustments in response to the dynamic needs of the schools.
Through these habits of continuous learning and strategic planning, Levi is well-equipped to adapt his strategies to meet the evolving needs of his audience.
Item Definition Term a. Total revenues less total expenses Revenues b. Provides information for decision makers outside of the organization Financial accounting c. Provides information for managers of the organization d. Responsibilities of the members of society to each other
Answer:
a. Net income
b. Financial accounting
c. Managerial accounting
d. Ethical duties
Explanation:
The items we called are shown below:
a. Net income
As the net income shows a difference between total revenues and the total expenditure incurred
In mathematically,
Net income = Total revenues earned - total expenses incurred
b. Financial accounting
The financial accounting is accounting which keep the tracking of the transactions with respect to the journalizing, posting, recording, summarizing and presented in the financial statements so that it provided the information to outsiders for better decision making
c. Managerial accounting
Managerial accounting refers to the information given to the managers with respect to financial information so that the company objectives and goals could be achieved
d. Ethical duties
Every individual of the society should behave ethically to other people so that the other person should reply in a polite way that shows the principal values of an individual
7. on an average hourly basis, how much does butcher enterprises spend on wages and benefits, respectively, in dollars?
The compensation survey showed an average hourly rate of $23 for total compensation. Of this amount, wages are $16 per hour and benefits are $7 per hour. In comparison, Butcher Enterprises spends an average hourly rate of $19 for total compensation. Of this amount, 70 percent is allocated for wages.
1-7. On an average hourly basis, how much does Butcher Enterprises spend on wages and benefits, respectively, in dollars?
Answer:
Hourly wage = 0.7 * $19 = $13.3
Hourly benefit = 0.3 * $19 =$5.7
Explanation:
Butcher enterprises spends average hourly rate of total compensation = $ 19
Allocation for hourly wage = 70%
So therefore;
Hourly wage = 0.7 * $19 = $13.3
Allocation for hourly benefit = 30%
So therefore;
Hourly benefit = 0.3 * $19 =$5.7
Answer:
wages: $13.3
benefits: $5.7
Explanation:
In the problem above, the butcher enterprises usually budget an average hourly rate of approximately $19 as the total package for each employee. In addition, 70% of this allocation is for wages while the remaining 30% is for benefits. Therefore, we can deduce the hourly rate as follow:
wages: 0.7*$19 = $13.3
benefits: 0.3*$19 = $5.7
Managers often assume a strictly linear relationship between cost and level of activity. How can this practice be defended in the light of the fact that many cost are curvilinear?
Answer:
Its an interesting debate. We know that costs do not have any linear relation with activity level. This cost usually is curvy-linear but instead of using curvy-linear relation, we deem that the relation between cost and activity level is linear because it is fact that their are ranges of activity levels during which the fixed cost remains constant where as the variable cost increases with the increase in the activity level. Constant increase in Total variable cost is witnessed for every increase in level of activity which is in this relevant range.
For example
If we say that
Variable cost per unit is $6 from zero to 100,000 units
and
Variable cost per unit is $5 from 100,001 to 300,000 units
So this is dependant upon the level of activity. Another practical example is if we order above $100,000 raw material we will receive a bulk discount and the variable cost will drop to $5 per unit from $6 per unit.
To have all interactions with a customer recorded in one place and readily accessible to employees on a need-to-know basis when serving customers in marketing, sales, and support activities is called______________.
Answer:
Customer Relationship Management (CRM)
Explanation:
The core of every CRM system is the gathering and securing of customer information. It all starts there in a complete customer database, later that information is analyzed, shared and updated.
CRM is extremely useful for retaining current customers (increasing customer loyalty) and gaining new ones.
This is known as Customer Relationship Management (CRM), which is a strategy used to manage interactions with current and potential customers with the goal of driving customer retention and sales growth.
Explanation:This concept is called Customer Relationship Management (CRM). CRM is a strategy for managing all your company's interactions with current and potential customers. It uses data analysis to study a customer's history with a company in order to enhance business relationships with customers, with the goal of customer retention and driving sales growth. CRM systems store customer contact information, accounts, sales opportunities and service incidents in one central location. These systems allow businesses to manage relationships with individual customers, which in turn assists in customer service and increasing business performance. Through CRM, all the relevant information is gathered in one place and is readily accessible for authorized personnel.
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A homeowner in a sunny climate has the opportunity to install a solar water heater in his home for a cost of $2900. After installation the solar water heater will produce a small amount of hot water every day, forever, and will require no maintenance. The homeowner's water bill is thus lowered by a fixed amount every year, forever. How much must the homeowner save on water heating costs every year if this is to be a sound investment? (The interest rate is 5% per year.) A. $145 B. $160 C. $175 D. $190
Answer:
correct option is A. $145
Explanation:
given data
investment cost = $2900
interest rate = 5% per year
solution
formula for present value of perpetuity is
investment cost = fixed cash saving per year ÷ interest rate ..................1
put her value we get fixed cash saving per year that is
saving per year cost = $2900 × 5%
saving per year cost = $2900 × 0.05
saving per year cost = $145
so correct option is A. $145
Final answer:
The homeowner must save at least $145 every year on water heating costs for the solar water heater investment to be considered sound, given an interest rate of 5%. This amount is the required annual saving that justifies the initial $2900 investment into the solar water heater.
Explanation:
To determine how much the homeowner must save on water heating costs each year for the solar water heater investment to be sound, we need to calculate the annual savings required to justify the initial investment at the given interest rate. This can be done by calculating the perpetuity present value (PV) of the annual savings at an interest rate of 5%.
The formula for the perpetuity PV is:
PV = Annual Savings / Interest Rate
Plugging in the numbers:
$2900 = Annual Savings / 0.05
Solving for Annual Savings:
Annual Savings = $2900
0.05
Annual Savings = $145
Therefore, the homeowner must save at least $145 every year on water heating costs for the solar water heater investment to be sensible. Hence, the correct answer is A. $145.
Based on the premise that, other things equal, countries would prefer a fixed exchange rate, which of the following statements is NOT true?
A) Fixed rates provide stability in international prices for the conduct of trade.
B) Fixed exchange rate regimes necessitate that central banks maintain large quantities of international reserves for use in the occasional defense of the fixed rate.
C) Fixed rates are inherently inflationary in that they require the country to follow loose monetary and fiscal policies.
D) Stable prices aid in the growth of international trade and lessen exchange rate risks for businesses.
Answer:
C) Fixed rates are inherently inflationary in that they require the country to follow loose monetary and fiscal policies.
Explanation:
The following are reasons why countries would prefer a fixed exchange rate:
1) Fixed rates provide stability in international prices for the conduct of trade.
2) Fixed exchange rate regimes necessitate that central banks maintain large quantities of international reserves for use in the occasional defense of the fixed rate.
3) Stable prices aid in the growth of international trade and lessen exchange rate risks for businesses.
Answer:
It’s b
Explanation:
B
The center of a mid-ocean ridge is where Choose one: a) two continental plates converge. b) new oceanic lithosphere is being created. c) the oldest and densest oceanic crust is found. d) molten basalt subducts into the mantle.
Answer:
Option (B)
Explanation:
The mid-oceanic ridges are the contrasting geological landforms that are present in the middle of a divergent plate boundary. When two plates move away from one another, the hot and less dense magma rises upward, as a result of which the crust becomes thin and hot and eventually the magma erupts at the seafloor. The new materials are added to the oceanic crust along this ridge and the rocks that are formed here are geologically the youngest.
Thus, the center of the mid-oceanic ridges are found in the region where new oceanic lithosphere is formed and these ridges are the key features of a divergent plate boundary.
hence, the correct answer is option (B).
The center of a mid-ocean ridge is where the new oceanic lithosphere is being created. This happens when two oceanic plates separate, allowing magma to rise and solidify forming a new ocean floor.
Explanation:The center of a mid-ocean ridge is the location of new oceanic lithosphere being created. A mid-ocean ridge, a key geological feature that can be found at tectonic plate boundaries in the world's oceans, is defined by a long, continuous chain of underwater mountains. These structures are formed by the divergence, or movement away, of two oceanic plates. As these plates separate, magma or molten rock from the mantle rises to fill the gap, solidifying to form new ocean floor or lithosphere. This is described as a process of seafloor spreading.
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Financial statements can be used by which of the following groups? A. Regulatory bodies. B. Investors and creditors. C. Individuals. D. All of the above.
Answer:
D. All of the above.
Explanation:
D. All of the above.
Because
A. the regulatory body keeps a check and maintains a balance in setting the standards for the proper functioning of the organization . If it does not use the financial statements how would it know about the proper working or the rules followed or the errors / flaws/ mishandling of the companies. So it uses financial statements.
B. Investors and Creditors
Investors and Creditors usually invest or get services rendered so their prefer using the financial statement for better understanding and their obligations, limitations and consultations.
C. Individuals such as accountants , employees, etc may also use financial statements for their better understanding and daily tasks or performances and follow the same set of standards . . For example if the company uses matching principle the new accountant hired must also use matching principle.
Financial statements can be used by all of the groups mentioned: regulatory bodies, investors and creditors, and individual people. Regulatory bodies use these statements to ensure laws are being followed, investors and creditors use them to assist decision-making processes related to investment or loans, and individuals can use them to keep track of personal investments or make informed decisions.
Explanation:Financial statements can be widely used by a variety of entities and individuals. Option D 'All of the above' is the correct choice here. Regulatory bodies can use financial statements to ensure companies are complying with financial laws and regulations. Investors and Creditors are keen to examine these statements to evaluate a firm's stability, profitability, and growth potential which aids their decision-making process regarding investment or loan respectively. Likewise, Individuals can refer to the financial statements to track their personal investments in the company or to make informed investment decisions.
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A_________ economy is an economic system in which the basic questions of what, how, and for whom to produce are resolved by buyers and sellers interacting in markets
Answer:
Market Economy
Explanation:
A market economy is an economic system in which the decision regarding production and distribution are guided by the individual citizen of the country.
this is also called a Free market system in which the economy of prices and production are influence by the consumer without external government control.
the advantages of Free economy includes; wide variety of goods and services available in the market to suit everybody taste; firms will be force to produces what consumer wants because that is where more profit will be obtained.
_____ lets programmers create Web pages that will update asynchronously while the rest of the Web page continues to be displayed in the browser.
Answer:
AJAX
Explanation:
Ajax programming (Asynchronous JavaScript and XML)
Ajax is a technology that allows HTTP queries asynchronously against the server. Under this definition, which may not be too clear for some people with little experience in the web environment, we find one of the most common tools on sites, which have allowed web applications to evolve to be as complex as we know them today.
In other words, Ajax allows access to existing data on the server without reloading the page completely. These queries against the server are made through Javascript and the data is processed using this same language, allowing the content of the page to be updated exactly where necessary.
The United States is efficient at producing software and engineering services, but cannot produce clothes and electronics as efficiently as other nations. As such, the United States sells software and engineering services to other countries and buys clothes and electronics. This is an example of
Answer:
Comparative advantage
Explanation:
The comparative advantage is a theory that refers to the situation in which a country can provide a product or service at a lower opportunity cost than other countries. This country would focus and producing that product or service in which is more efficient and will engage in international trade to get the other products from other countries. Because of this, this is an example of comparative advantage as the United States focused on software and engineering services because is more efficient in producing them and buys clothes and electronics from other countries.
Firms choose how to produce the goods and services they sell. In many cases, firms face a trade-off between using more workers or using more machines. For example, A. many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer machines and more workers and a production method in China that uses more machines and fewer workers. B. a local service station has to choose whether to provide car repair services using more diagnostic computers to support their auto mechanics and fewer tools to support their auto mechanics or more tools to support their auto mechanics and fewer diagnostic computers to support their auto mechanics. C. many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines. Your answer is correct. D. movie studios have to choose whether to produce animated films using more highly skilled animators to draw them by hand or fewer highly skilled animators and more low-skill animators.
Answer:
C) many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines.
Explanation:
American manufacturing jobs have been constantly decreasing for a little more than two decades now. Most people like to blame China and other countries for that decline, since they state that american production moved overseas. That statement is only partially true, but for the most part is false. The vast majority of American manufacturing jobs have been lost to automation.
Apple used to build computers in California, and it started assembling them again a few years ago, but the factories were completely automated. Some jobs are created, specially those related to maintenance and programming, but they aren't very many. Most large factories use more robots and less humans, and the tendency will only increase in favor of the robots in the future.
Mary is an Assistant District Attorney prosecuting a 26 year old defendant on drug charges. She learns that one of the perspective jurors is a friend and neighbor of the defendant's family. She will use a (n)_____________________strike to eliminate this potential juror.
Final answer:
Mary will use a peremptory challenge to exclude a potential juror who is connected to the defendant's family, ensuring the juror's potential bias does not affect the trial's outcome.
Explanation:
Mary is an Assistant District Attorney who would use a peremptory challenge to eliminate a potential juror who is a friend and neighbor of the defendant's family. The peremptory challenge is a tool allowed during jury selection or voir dire; it enables attorneys to remove a certain number of potential jurors without stating a reason, although this power is limited and cannot be used to exclude jurors solely based on race, ethnicity, or sex due to the Batson v. Kentucky ruling.
During the selection process, peremptory challenges differ from challenges for cause, the latter requiring a demonstrable reason, such as bias or conflict of interest, which must be acceptable to the judge conducting the jury selection.
Which of the following acts levies a tax on employers and employees that is credited to the federal old-age and survivors' trust fund and the federal disability insurance trust fund?a. federal insurance contributions actb. federal income tax actc. federal unemployment tax actd. fair labor standards act
Answer:
Option "A" is the correct answer for the following situation.
Federal Insurance Contributions Act.
Explanation:
It is a Compensation Program that is for salary or job payment from the United States directed at both workers and employers to support federal programs for Medicare and social security that provide coverage to veterans, people with disabilities and families of deceased citizens.
Income under this Act consist of old-age pension income, survivors and disabilities taxation, also known as payroll taxes, and health benefits tax, also known as Medicare taxes. For these taxes, different rates apply.
You are considering adding a wood shop to your home. You enjoy working and could make items for sale. In considering this addition, you look only at the extra cost of the shop and the potential benefits of having the shop. This is an example of:________.
a) opportunity cost decision making.
b) sensitivity analysis.
c) marginal analysis.
d) reasonable assumptions.
The decision-making process of considering additional costs and potential benefits when adding a wood shop exemplifies marginal analysis, which compares marginal costs against marginal benefits.
When considering the additional costs and potential benefits of putting a wood shop in a home, the decision-making process involved is an example of marginal analysis. This type of analysis looks at the marginal costs and marginal benefits of an additional unit, in this case, the wood shop. Marginal costs refer to the extra cost of the new addition, while marginal benefits refer to the extra revenue or utility gained from having the shop. By comparing these, one can decide whether the wood shop addition is a worthwhile investment. Therefore, the correct answer is c) marginal analysis.
According to Karl Marx, workers in a capitalist economy are alienated from the product or products they produce because all of the above for the most part they could never afford to buy those products. specialization has them focusing on one small step in a complex production process. they have no part in conceptualizing those products.
Answer:
Living most of his life in Britain during the Industrialization period, Karl Marx noted that the only party who is benefiting from capitalism is Bourgeoisie (Those who own means of productions) not the Proletariat (workers who sell their labor for wages) as he looked at the society which was in contradiction, that is " In the country so rich, how could so many people be so poor ". He in that context blamed capitalism for creating alienation.
Explanation:
He defined Alienation as 'the experience of isolation and misery resulting from powerlessness'. Further, Karl Marx also noted that Proletariat (workers) are nothing more than a source of labor to the capitalist as they can be fired and hired at the will of those capitalists. And said that Capitalism has also made human a machine as they cannot learn much from it because they do sets of repeating similar tasks every day as from day 1 which is also nowadays referred to specialization (getting good at one skill) and results in dissatisfaction of workers and increase their powerlessness (the feeling that they have little or no control over their situation).
There are 4 types of alienation resulted from capitalism.
Alienation from products of work: Marx argued that as more efforts a worker put in manufacturing the particular product the more he gets away from it because the product which these workers produce doesn't belong to them they belong to the people who own the resources i.e Capitalists and they sell it to gain profit.Alienation from other workers: Since specialization has created a never-ending cycle of doing the same tasks everyday workers engage in them so deeply that they don't even realize that someone else is working as well in the same field. Workers don't have a sincere bond between them. A good example of this would a big factory where there are many departments and the worker of the marketing department doesn't get to know the worker in the management department.Alienation from human potential: As stated in the first paragraph that capitalism ruins the Gains of the job ( Learning, enjoying, satisfaction ) so the worker doesn't relate to it or is satisfied with it rather he is just fulfilling the requirement of the capitalist i-e producing. In result, he doesn't care for his health or just feels exhausted while trying hard to earn personal and little incentives. Alienation from the act of working: Since workers don't have any say in how to make, what to make, they are not satisfied with the way what they work and have become machines.According to Karl Marx, workers in a capitalist economy experience alienation from the products they produce because they have no involvement in conceptualizing them, specialize in one small step, and cannot afford to buy those products.
Explanation:According to Karl Marx, workers in a capitalist economy experience alienation from the product they produce. They are alienated because they have no involvement in conceptualizing those products, and specialization limits them to focusing on one small step in a complex production process. Moreover, the workers cannot afford to buy the products they produce. Marx believed that this alienation is a result of the commodification of labor in a capitalist society.
Debra, the vice president of sales and marketing, evaluates Theo Chocolate's performance based on the
company's ability to meet a triple bottom line which values:
A. people, profit, and the planet in equal measure.
B. people first, then profit and the planet.
C. product, price, and place in equal measure.
D. assets, liabilities, and owner's equity.
E. profit first, then people and the planet.
Answer:
A. people, profit, and the planet in equal measure.
Explanation:
Debra, the vice president of sales and marketing, evaluates Theo Chocolate's performance based on the company's ability to meet a triple bottom line which values: people, profit, and the planet in equal measure.
This 3Ps points to the concept of triple bottom line reporting in accounting
Triple bottom line reporting is an accounting reporting framework which majors on three aspects: social, environmental (or ecological) and financial.
In the above definition, 'social' relates to 'people'; 'financial' relates to 'profits' and 'social' relates to 'planet'
Organizations who adopt the Tripple Bottom Line, do so to evaluate business performance in other ways other than finance in order to create greater business value.