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2 years ago

Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?

Business

1 answer:

Ber [7]2 years ago

3 0

Answer:

Explanation:

The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.

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Jay Seago is suing the manufacturer of his car for $3.5 million because of a defect that he believes caused him to have an accid

Studentka2010 [4]

Answer:

Since the expected value is higher for not suing ($600,000), then Jay should not sue. The expected value of the best case scenario in case of suing is only $500,000 and in the expected value of the worst case scenario is -$37,500.

Explanation:

he decides to not sue = expected value $600,000

he decides to sue:

50% chance of winning

expected value

$2,000,000 x 50% x 50% = $500,000
$500,000 x 50% x 50% = $125,000

50% chance of losing

expected value = -$75,000 x 50% = -$37,500

3 0

1 year ago

Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm h

Snezhnost [94]

Answer:

The Break Even Point is the Sales Value that will cover the cost of production. Meaning the Sales Value that will bring profitability to Zero

Break Even sales for Company wide = $378,000

Break Even Value for Chicago is $111,429

And Break Even Value for Minneapolis is $120,000

The Addition of both Outlets/Offices Break Even Sales is less than the Company-wide because the Offices don't share in the Common Fixed Expense as these are specific to Group reporting.

Explanation:

6 0

2 years ago

The capital allocation process involves the transfer of capital among different entities that include individuals, small busines

Zolol [24]

Answer:

We have to classify the transfers as Direct Transfer, Indirect Transfer Through Investment Banks, and Indirect Transfer Through Financial Intermediaries.

(a) - Indirect Transfer Through Financial Intermediaries.

A market mutual fund is a financial intermediary, and it is the option that Elliot has chosen to transfer capital.

(b) - Direct Transfer

As the statement explains, the company has not gone through any financial intermediation to raise capital. It has directly done so.

(c) - Indirect Transfer Through Investment Banks

xEdu.com hired an an investment banking to issue its initial public offering

(d) - Direct Transfer

Erin borrowed the money from his uncle without any financial intermediation.

8 0

1 year ago

A customer has requested that Lewelling Corporation fill a special order for 1,900 units of product S47 for $41 a unit. While th

Mariana [72]

Answer:

Profit from sale of special order = $77,900 - $33,610 = $44,290

Explanation:

Being a special order and an added opportunity to its regular sales of S47, we will be looking at the Marginal Costs of accepting to produce the order:

Direct Material = $4.30

Direct Labour = $4.00

Variable Overhead = $3.60

Fixed Manufacturing Overhead = $6.30

Total Costs = $18.20

But, Fixed Costs is already covered/absorbed by our existing business; as such we need not include it in the costing of the special order

And there is an Additional investment in moulds = $11,000

Total cost of special order = ($18.20 - $6.30) x 1,900 units + $11,000

= $33,610

Sales of special order = 1,900 units x $41 =$77,900

Profit from sale of special order = $77,900 - $33,610 = $44,290

6 0

2 years ago

George runs a small retail business. He sells brands that another business manufactures. George’s retail store uses the logos an

KIM [24]

Answer:

trademark franchise

4 0

2 years ago