Answer:
c. the materials management function should hold greater inventories in order to avoid shortages.
Explanation:
Answer:
1. False 2. True
Explanation:
1. The candidate for political office announcing that the policy to reduce immigration from abroad which, he says, economics clearly demonstrates will lead to higher output in the long run; is false.
What increases output are the factors of production of which labor is a major component. When there are more people willing and able to work in an economy, they help companies to produce more output but that is not the case when immigration is reduced, obviously that would reduce productivity and output.
2. However his second claim is right, that making trade more open between the US and other countries will increase output on the long run.
Trade barriers like tariffs and duties impede the level of trade between countries which could either reduce the amount of money countries make after netting off custom duties or the price of imported goods are increased by the effect of tariffs. Increased price means reduced demand
Hence if tariffs are replaced with subsidies in open trade, prices of U.S imported goods will fall and demand will increase.
Answer:
B) 1 shifts long-run aggregate supply left, 2 shifts long-run aggregate supply right
Explanation:
Full question
A candidate for political office announces the following policies which, he says, economics clearly demonstrates will lead to higher output in the long run: 1. increase immigration from abroad 2 make trade more open between the US and other countries. A) 1 and 2 both shift long-run aggregate supply left
B) 1 shifts long-run aggregate supply left, 2 shifts long-run aggregate supply right
C) 1 and 2 both shift long-run aggregate supply right.
D) 1 shifts long-run aggregate supply right, 2 shifts long-run aggregate supply left.
Aggregate supply, is the total supply of goods and services produced within an economy at a particular period and a specific price. It is also known as total output The increase in immigration from abroad will not increase aggregate supply or the total output thereby shifting the aggregate supply left meaning a decrease. Making trade more open between the US and other countries will increase the total output in the long run therby shifting the aggregate supply right meaning an increase in the total supply of goods and services produced in a particular period.
-The owner accepts full financial liability.
-The business is treated as a separate tax entity.
-All profits go to the individual who owns the business.
Answer:These sentence is right :
- The owner accepts full financial liability
- All profits go to the individual who owns the business.
Explanation in a sole proprietorships, only one person had the control over the business, therefore, all the profit and liabilities that had been earned by the business will go to that one person
Answer:
The right to leave the hospital against medical advice
Explanation:
A patient (or relative in charge, if patient is unconscious) always has full freedom to make a decision on their health, for example leaving the hospital or rejecting an exam, even if it goes against what the doctor treating him advice, this applies as long as the patient can make an informed decision, for this the patient needs to be mentally available and physically able to demonstrate awareness of the situation and mental stability.
If a patient is having mental issues and is not able to understand or process the information given that the patient is deprived of the right to leave the hospital against medical advice, especially if the patient is dangerous as they could cause problems.
Answer:
The sale results in an ordinary loss of $100,000 and long-term capital loss of $25,000.
Explanation:
Stacy, who is married and sole shareholder of ABC Corporation, sold all of her stock in the corporation for $100,000. Stacy had organized the corporation in 2009 by contributing $225,000 and receiving all of the capital stock of the corporation. ABC Corporation is a domestic corporation engaged in the manufacturing of ski boots. The stock in ABC Corporation qualified as Sec. 1244 stock. The sale results in AN ORDINARY LOSS OF $100,000 AND LONG-TERM CAPITAL LOSS OF $25,000.
Answer:
ordinary loss of $100,000 and long-term capital loss of $25,000
Explanation:
Up to $100,000 on a joint return of loss realized on disposition of Section 1244 stock is treated as an ordinary loss. So the first $100,000 would be ordinary and the remaining $25,000 would be a LTCL.
The given scenario for buying a car is an example of overconfidence bias
Explanation:
Overconfidence bias is an effect of Emotional bias. It is the factor of choice of purchasing the product with the basis of attractiveness towards the particular matter of brain illusion. The consumer Mr. Ryan is more attached to the style and the color of the car. He had his strong and blind belief that the outside style of the car can alone depict the value of the car than other technical factors of usage of engine and transmission.
Mr. Ryan can also have the emotional sentiment of a particular type of color as well as the glittering appearance of the car. Such thought of overconfidence will distract him to think about the feasibility features of the car over a long period of time.
Answer: Producing or creating goods and services.
Explanation:
Production is known to be the process through which raw materials and resources are transformed or changed into finished goods (products) and services. Furthermore, it is also the method of making goods and services so as to meet or satisfy consumers demand. Thus, good production of goods and services attract the purchasing power of customers and make them to keep on buying.