Why is cooperative skill necessary in trade?

According to the concept of ________, decisions are made solely on the basis of their outcomes, ideally to provide the greates

adell [148]

Answer:

The correct answer is letter "A": utilitarianism.

Explanation:

Utilitarianism is a term used in philosophy, economics, and law. It is a moral concept that explains that individuals are constantly looking for maximizing pleasure while avoiding any kind of harm. This theory states is based on the belief that the greatest should be given for the greatest amount of people.

British Economist John Stuart Mill (1806-1873) is one of the most relevant characters who promoted that idea.

6 0

2 years ago

You have savings of $157,000. After talking it over with your spouse, you agree to risk no more than 30% on your new business id

Marina86 [1]

Answer:

$47,100

Explanation:

The amount to be invested is not more than 30 % of $157,000

=30% x $157,000

=30/100 x $157,000

=0.3 x $157,000

=$47,100

6 0

2 years ago

Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th

andre [41]

Answer:

The degree to which the portfolio variance is reduced depends on the degree of correlation between securities is the correct answer.

Explanation:

3 0

2 years ago

During March, the production department of a process operations system completed and transferred to finished goods 25,000 units

djverab [1.8K]

Answer:

D. 165,000 materials; 144,000 conversion.

Explanation:

The concept of equivalent units measures the number of units in terms of percentage completion in the inputs introduced to outputs.

Calculation of the number of equivalent units with respect to both materials and conversion respectively for March.

Materials

Units Completed and Transferred (135,000 × 100%) = 135,000

Units in Ending Work in Process (30,000 × 100%) = 30,000

Total Equivalent units of Production = 165,000

Materials

Units Completed and Transferred (135,000 × 100%) = 135,000

Units in Ending Work in Process (30,000 × 30%) = 9,000

Total Equivalent units of Production = 144,000

Conclusion :

The equivalent units of production are 165,000 materials; 144,000 conversion.

5 0

2 years ago

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Totz Company produces jump ropes. Totz Company has the following sales projections for the upcoming year:First quarter budgeted

LenKa [72]

Answer:

Production budget for First quarter= 16,500 units

Explanation:

The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories.

Production = Sales volume + closing inventory - opening inventory

Closing inventory = 20% × second quarter sales

= 20% × 20,000 = 4,000 units

Production budget for the first quarter

=17,000 + 4000 -4500

= 16,500 units

8 0

2 years ago