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mina [271]
2 years ago
11

The government of Alfon believes that its citizens should have complete freedom in their economic and political pursuits, and th

e Alfon ideology is "private profit over public good." In this context, it can be said that Alfon follows the philosophy of_____________.a. individualism.
b. socialism.
c. totalitarianism.
d. Marxism.
e. communism.
Business
2 answers:
Salsk061 [2.6K]2 years ago
8 0

Answer:

a. individualism.

Explanation:

Individualism is where policies are made that limits the power of the government and allows for more power of the private individual. It is a set of principles that favours the moral worth of the individual, self reliance and independence is promoted.

Individualism believes that of the individual is prosperous eventually the economy will become better off.

People do not depend on the government for support such as welfare

abruzzese [7]2 years ago
8 0

Answer: A. Individualism

Explanation: Contextually, Alfon follows the philosophy of individualism. Individualism is the freedom to do what a person wants as independent peoples. This stems from the reasoning that if everyone was able to pursue their own goals, then the society would become stronger. Individualism posits that every person is unique and self-reliant, is capable of creative thinking to produce innovative ideas leading to the creation of new technologies, and progress as human beings.

Individualism thus is defined as the moral stance, political philosophy, ideology, or social outlook that promotes the value of independence and self-reliance, advocates that interests of the individual precedes that of the state or a social group, and opposes external interference upon an individual's freedom/interests by society or institutions.

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Suppose that the consumer price index in Eastlandia rises from 150 to 159 over the past year, and that the city sets its car reg
Mnenie [13.5K]

Answer:

The Nominal Cost to register the car should be $53.

Explanation:

For the first year the data is given as

CPI=150

Nominal Price=$50

Real Income= Nominal Cost / Consumer Price Index

                    =50/150 = 0.33

Now for the second year as the real income is same as previous year thus

RI=0.33

CPI has increase to 159. Now the nominal cost is given as

Nominal Cost=Real Income * Consumer Price Index

Nominal Cost=0.33 * 159

Nominal Cost=$53

So the Nominal Cost to register the car should be $53.

4 0
2 years ago
Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below
posledela

Answer:

60,000 units

Explanation:

                                              January         February              

Budgeted production            50,000           60,000   (4)    

Raw materials per unit         2 pounds       2 pounds            

Raw materials needed          100,000         120,000 (3)                            

Add: Ending raw materials    36,000 (2)      48,000                

Raw materials available       136,000 (1)      168,000        

Less: Beginning raw              30,000           36,000            

materials

Budgeted raw materials        106,000        132,000      

Note:

1. Budgeted raw materials for January = Raw materials available - Beginning raw materials

106,000 = Raw materials available - 30,000

Raw materials available = 106,000 + 30,000 = 136,000 pounds

2. Raw materials needed + Ending raw materials = Raw materials available

100,000 + Ending raw materials = 136,000

Ending raw materials = 136,000 - 100,000 = 36,000

3. As the company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs, the raw materials needed for the month of February -

Ending raw materials for January = Raw materials needed for February × 30%

or, 36,000 = Raw materials needed for February × 30%

Raw materials needed for February = 36,000 ÷ 30%

Therefore, Raw materials needed for February = 120,000

4. Budgeted production × Raw materials per unit = Raw materials needed

Budgeted production = Raw materials needed ÷ Raw materials per unit

Budgeted production = 120,000 ÷ 2 pounds = 60,000 units

7 0
1 year ago
Patsy’s home has been on the market for five weeks, and two brokers had buyers who were ready to make offers. If Patsy accepted
shutvik [7]

Answer: open listing

Explanation:

Open listing simply refers to situation whereby a property owner uses several real estate agents when he or she wants to sell a property so that there will be many potential buyers.

In this situation, the agent who eventually brings the person who purchases the property will collects the commission assigned to the property.

5 0
2 years ago
Mr. Decker invested $20,000 in cash in his new business. How does the company record the investment?
Rudiy27

Answer:

The company records the investment by the entry:

(D) debit Cash and credit Owner's Equity

Explanation:

Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.

In the case, the company that he invested received cash from Mr. Decker.

The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:

Debit Cash $20,000

Credit Owner's Equity $20,000

8 0
2 years ago
Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine-hours best explain the
Paha777 [63]

Answer:

The utilities cost associated with 1,110 machine hours will be $10,505.

Explanation:

High Low method is a way to calculate the variable and fixed cost element of total cost using lowest level of activity and its cost and highest level of activity and its cost.

In this example The Highest activity of Machine hour is in the month of May and Lowest  activity is in February.

Using high low method:

Variable cost =  ( Highest activity cost - Lowest activity cost ) / ( Highest activity - Lowest activity )

Variable cost =  ( Cost in May - Cost in February ) / ( Machine hours in May - Machine Hours in February)

Variable cost =  ( $9,625 - $8,360 ) / ( 950 - 720 )

Variable cost =  $1,265 / 230

Variable cost =  $5.50 per machine hour

Fixed Cost = $8360 - ( 720 x $5.5) = $8360 - $3960 = $4,400

Utility cost of 1110 units = $4,400 + ( 1,110 x 5.5 ) = $4400 + $6,105 = $10,505

5 0
1 year ago
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