Business processes for a cost leadership strategy consist of activities focused on.
Answers
Business processes for a cost leadership strategy consist of activities focused on reducing costs throughout the value chain.
A cost leadership strategy is a business strategy in which a company strives to be the lowest-cost producer of a product or service in the market by achieving the lowest cost structure possible.
Business processes for a cost leadership strategy consist of activities focused on reducing costs throughout the value chain, which may include streamlining production processes, optimizing supply chain management, implementing cost-effective marketing and advertising strategies, and minimizing overhead costs such as rent, utilities, and other operating expenses.
By reducing costs throughout the value chain, companies employing a cost leadership strategy can offer their products and services at a lower price point than competitors while still maintaining profitability.
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A firm that produces potato chips occupies four hectares of land. The firm produces 10 tons of output per day and sells its output at a price of $240 per ton on the export market. The firm does not engage in factor substitution as the price of land changes. Intra-urban transportation is on trucks, with a unit cost of $12 per ton per mile. The firm’s non-land
cost is $560 per day. The firm exports its output via circumferential highway (i. E. , beltway around the city). That is, it wants to be near the beltway.
(a) Sketch the firm’s bid-rent curve for land for different distances from the beltway, from a distance zero to five miles.
(b) What is the bid-rent at the beltway? What is the slope of the bid-rent function? Show your work
Answers
(a) The bid-rent curve represents the maximum amount the firm is willing to pay for land at different distances from the beltway. (b) $800, slope is -$40.
(a) To sketch the firm's bid-rent curve for different distances from the beltway, we need to consider the cost components involved in the firm's operations. The bid-rent curve represents the maximum amount the firm is willing to pay for land at different distances from the beltway.
The firm's total cost per day consists of two components: the non-land cost and the transportation cost. The non-land cost is given as $560 per day, which remains constant regardless of the location. The transportation cost is incurred for each ton of output transported via trucks, and it is given as $12 per ton per mile.
Let's consider different distances from the beltway, ranging from zero to five miles. The transportation cost will vary depending on the distance from the beltway.
At distance zero (on the beltway), the transportation cost is zero since the trucks do not have to travel any distance. Therefore, the total cost per day at distance zero is $560.
At distance one mile, the transportation cost per day would be $12 per ton multiplied by the 10 tons of output produced, which equals $120. So, the total cost per day at distance one mile would be $560 + $120 = $680.
Similarly, we can calculate the total cost per day for distances two, three, four, and five miles from the beltway. Considering the transportation cost and adding it to the non-land cost, we get the following results:
Distance Total Cost per Day
------------------------------------
0 miles $560
1 mile $680
2 miles $800
3 miles $920
4 miles $1,040
5 miles $1,160
These values represent the maximum amount the firm is willing to pay for land at different distances from the beltway, given its production and transportation costs.
(b) The bid-rent at the beltway, i.e., distance zero, is $560 per hectare per day, which is equal to the firm's non-land cost. The slope of the bid-rent function can be determined by calculating the change in bid-rent per unit change in distance.
Considering the bid-rent values at distance zero and one mile, we can calculate the slope as follows:
Slope = (Bid-rent at distance zero - Bid-rent at distance one mile) / (Distance zero - Distance one mile)
= ($560 - $680) / (0 - 1)
= -$120 / -1
= $120
Therefore, the slope of the bid-rent function is -$120 per hectare per mile.
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Sally earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipulation that she would not leave the company in that year. Five months later, she quit her job and went to work for a competitor. She had to return the 10 percent payment she had received because she had violated a rule for:_________
A) lump-sum salary increase.
B) profit-sharing.
C) commission.
D) employee benefit.
E) wage compensation.
Answers
Answer:
A) lump-sum salary increase.
Explanation:
Since in the question it is mentioned that Sally earned an increase of 10% in her salary and received an overall rise at the starting of the year in case that she do not leave the company.
Now after five months she quit a job, work for a competitor due to which she had to pay back the 10% payment as she break the rule of increase in lump sum salary
Therefore the correct option is A.
who is not obliged to reduce inequality?
Answers
Answer:
Governments can intervene to promote equity, and reduce inequality and poverty, through the tax and benefits system. This means employing a progressive tax and benefits system which takes proportionately more tax from those on higher levels of income, and redistributes welfare benefits to those on lower incomes.
The AutoSum icon is located in
which of the following groups on the
Home tab? *
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Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
for washburn, what are examples of (a) shifting the demand curve to the right to get a higher price for a guitar line (movement of the demand curve) and (b) pricing decisions involving moving along a demand curve? 13-33
Answers
(a) Shifting the demand curve to the right means increasing the quantity demanded at each price level. This can be achieved by implementing various strategies:
1. Advertising and Marketing: Increasing advertising and marketing efforts can create awareness and demand for Washburn's guitar line, attracting more customers and increasing the demand.
2. Enhancing Product Features: Introducing new features or improving the quality of the guitars can make them more attractive to consumers, leading to a higher demand and willingness to pay a higher price.
3. Offering Discounts and Incentives: Providing discounts, promotional offers, or bundle deals can incentivize customers to purchase Washburn guitars, increasing demand and potentially allowing for a higher price.
4. Expanding Distribution Channels: Increasing the availability of Washburn guitars through various distribution channels, such as online platforms or partnering with retailers, can help reach a wider customer base and generate higher demand.
(b) Pricing decisions involving moving along a demand curve refer to changes in price while keeping other factors constant. This occurs when the quantity supplied changes in response to a change in price. Examples include:
1. Price Reduction: Lowering the price of the guitar line can attract more buyers, resulting in an increase in quantity demanded and movement along the demand curve.
2. Price Increase: Increasing the price may lead to a decrease in quantity demanded as some customers may be unwilling or unable to afford the higher price, causing a movement along the demand curve.
3. Price Matching: Adjusting the price of Washburn guitars to match the prices of competitors can help maintain market share and prevent customers from switching to alternative brands.
4. Seasonal Pricing: Modifying the price based on seasonal fluctuations in demand, such as offering discounts during low-demand periods or increasing prices during high-demand periods, can optimize sales and maximize revenue.
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Using productivity software ensures that the end product will look professional.
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Answer: false
Explanation:
on edge 2021
Answer: The answer is false
Explanation:
props to the other dude, give them brainliest
Which career field is likely to experience increased job openings and security over the
next few years? (10 points)
O Retail
O Nursing
O Government
O Manufacturing
Answers
Answer: government
Explanation:
Government is the career field is likely to experience increased job openings and security over the next few years. Hence, option C is correct.
What is Government is the career?Public Sector Employment is "a particular government responsibility or action. A "government job" is widely defined for recruitment purposes as any position in any department or entity that works for the government. Consequently, a position carrying out government business is a government employment ".
Among the job options in the U.S. government are political jobs working for the executive, judicial, and legislative branches of the federal government.
Government employees are employed by the military, the post office, federal law enforcement organizations, and other governmental agencies and departments.
Thus, option C is correct.
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Timothy bought a bond with a face value of $1,000. The bond term is 1 year. He bought the bond at a 5 percent discount from the face value. The bond pays 5 percent annual interest, and Timothy will receive two semiannual payments. When the bond is redeemed at maturity, the total return (profit) will be $ .00. The total return on investment will be %. (Round return on investment percentage to one decimal place.)
Answers
Answer:
100, 10.5
Explanation:
1000 x .95= 950
1000x1.05=1050
1050-950= 100
100/950= 10.5
1. When the bond is redeemed at maturity, the total return (profit) for Timothy will be $100.00.
2. The total return on investment will be 10.5%.
What is the return on bonds?The return on bonds is the profit gained from the purchase of the bonds.
The profit includes all the capital gains (discount received) and interest revenues received until maturity.
Data ad Calculations:Face value = $1,000
Purchase price = $950 ($1,000 x 1 - 5%)
Discount = $50 ($1,000 - $950)
Maturity period = 1 year
Coupon rate = 5%
Interest payment = semi-annual
Annual interest = $50 ($1,000 x 5%)
Total profit at maturity = $100 ($50 + $50)
Total return on investment = 10.5% ($100/$950 x 100)
Thus, when the bond is redeemed at maturity, the total return (profit) for Timothy will be $100.00 at 10.5%.
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ABC Company's total stockholders' equity at the beginning of the year was $200,000. During the year ABC reported the following: Net loss of $30,000 Stock issued in exchange for land totaling $80,000 Collections of accounts receivable $40,000 Dividends declared and paid totaling $2000 What is ABC's total stockholders' equity at the end of the year? A. $348,000 B. $288,000 C. $248,000 D. $168,000
Answers
ABC Company's total stockholders' equity at the end of the year is $288,000. The correct option is B.
Here is a step-by-step explanation of how to calculate the total stockholders' equity at the end of the year:
1. Start with the total stockholders' equity at the beginning of the year: $200,000
2. Subtract the net loss for the year: $200,000 - $30,000 = $170,000
3. Add the value of the stock issued in exchange for land: $170,000 + $80,000 = $250,000
4. Add the collections of accounts receivable: $250,000 + $40,000 = $290,000
5. Subtract the dividends declared and paid: $290,000 - $2,000 = $288,000
Therefore, the total stockholders' equity at the end of the year is $288,000.
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what are the rational and irrational determinants of the size and the value effects? for example, suppose you are a financial analyst, what risk/rational reasons can you tell your clients that small and value stocks should have higher expected returns than large and growth stocks in an effcient market? alternatively, if you are a trader, what behavioral reasons would make you argue that small stocks or value stocks are underpriced and thus should deliever positive alpha in the future.
Answers
In general, the determinants of the size and value effects can be both rational and irrational.
From a rational perspective, the size effect can be attributed to the fact that smaller companies tend to have higher growth potential and are more sensitive to changes in market conditions.
Therefore, smaller companies are riskier investments and require a higher expected return.
Similarly, the value effect can be attributed to the fact that value stocks are often undervalued by the market and have a higher potential for growth in the future.
This means that investors who buy value stocks are taking on a higher level of risk and therefore require a higher expected return.
From a behavioral perspective, there are several reasons why traders may believe that small or value stocks are underpriced and may deliver positive alpha in the future.
Firstly, traders may believe that the market is not fully efficient and that there are mispricings in the market that can be exploited by savvy investors.
This means that traders may look for stocks that are undervalued and believe that the market will eventually recognize their true value, leading to positive returns.
Additionally, traders may also be influenced by psychological biases, such as the availability heuristic or the confirmation bias, which can cause them to overestimate the potential returns of small or valuable stocks.
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If an organization uses customer data, as described in the video, to predict future behavior and anticipate the consequences of change, it would be engaging in which of the following? a. Big Data b. predictive modeling c. data setting d. intuition e. representative bias
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It would be engaging predictive modeling to predict future behavior and anticipate the consequences of change. The answer is OPTION B
Predictive modeling is a mathematical process that analyzes patterns in a given set of input data to predict future events or outcomes. It is a critical component of predictive analytics, a type of data analytics that forecasts activity, behavior, and trends using current and historical data.
Predictive modeling is a common statistical technique for forecasting future behavior. Predictive modeling solutions are a type of data-mining technology that analyzes historical and current data and generates a model to help predict future outcomes. Predictive modeling is a statistical approach that analyzes data patterns to predict future events or outcomes.
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If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?
$900
O a
$952
b.
$985
Oc.
$1000
d
None of these
e
Answers
Answer:
Depends on if its simple or compund bu since your investing to earn, ill estimate they want the compound answer which is 999.60 which can be rounded to $1000. If they want it rounded, its $1000 if they dont, it's none of the above
Explanation:
A=P(1+r)t
A=952(1+0.05)1
A=952(1.05)1
A=952(1.05)
A=952x1.05
A=999.60 which can be rounded to 1000
Educational sites that are run by colleges, universities, or other learning organizations typically have what at the end of their domains?
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This is September. The the price of the December maturity euro futures contract, which is traded on the Chicago Mercantile Exchange (CME), is $1.05/€. A trader, believing that the euro will rise in the near future, purchased one December euro futures contract at the price and plan to hold it for one week. Each contract has a standardized size of €125,000. Suppose one week later, the euro futures price goes up to 1.10/€, and the investor sells the contract.
Answers
The profit from this transaction is $6,250.
The profit from a futures contract can be calculated by taking the difference between the selling price and the buying price and multiplying it by the contract size.
Profit = (Selling Price - Buying Price) × Contract Size
In this case, the buying price of the December euro futures contract was $1.05/€ and the selling price was $1.10/€. The contract size is €125,000.
Profit = ($1.10/€ - $1.05/€) × €125,000
= $0.05/€ × €125,000
= $6,250
Therefore, the profit from this transaction is $6,250.
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under what conditions would it be advisable to use a strong matrix instead of a dedicated project team?
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The concept is a Matrix organization. It is an organization that has more than one form of governance.
When the organization cannot afford to employ people full-time and the organizational culture supports a dual power structure. When the organizational culture supports a dual power structure
Matrix Organization is an organizational structure in which some individuals report to more than one manager or managerial relationship—relationships known as ongoing or dotted relationships.
Dedicated Design Teams are recommended when:
They only see it from the point of view of what is best for the implementation of the project; would be recommended when the organizational culture does not support collaboration or innovationA strong matrix is recommended when an organization cannot afford to have staff working full-time on a project and the organizational culture supports a dual power structure. Characteristics of the matrix organization include:
multiple chains of command,collaboration between different departments,by sharing qualified resources.To know more about Matrix Organization,
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Vicki works 19 hours per week. her take home pay is $17.30 per hour. if vicki is able to save all of her earnings, how long will it take her to save at least $4,000? a. 12 weeks b. 13 weeks c. 14 weeks d. 15 weeks please select the best answer from the choices provided a b c d
Answers
Vicki works 19 hours per week. her take-home pay is $17.30 per hour. if Vicki is able to save all of her earnings, this (4000/328.70) is approximately 12.17 weeks which means she has to save for at least 13 weeks.
savings is the amount of money left over after spending and different obligations are deducted from earnings. financial savings represent money this is otherwise idle and now not being positioned at hazard with investments or spent on intake.
Saving is income now not spent, or deferred consumption. techniques of saving include setting money aside in, for an instance, a deposit account, a pension account, an investment fund, or as coins. Saving also entails reducing costs, which include habitual fees.
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Write a suitable indefinite article before the following words or phrases and write
them again. (Copy the questions)
___heirloom ___astronomer
___ewe ___hotel employee
___honest man ___advocate
___one eyed dog ___awkward moment
___awesome picture ___European tourist
___incompetent employee ___auspicious moment
___humane person ___MLA
___horrible joke ___M. A student
Answers
Answer:
An heirloom, An astronomer
A ewe, A hotel employee
An honest man, An advocate
A one-eyed dog, An awkward moment
An awesome picture, A European tourist
An incompetent employee, An auspicious moment
A humane person, An MLA
A horrible joke, An M. A student
Explanation:
'A', 'an' and 'the' are the three articles that are used in English. They are used before nouns to specify them. 'A' and 'an' are indefinite articles and 'the' is the definite article. The indefinite article is used before the nouns which are not known or which are not identified. The definite articles are used before the identified noun. The indefinite article 'a' is used before the nouns that begin with a consonant sound. The indefinite article 'an' is used before the nouns that begin with a vowel sound.
The expected rate of return on Happy Dog Soap's stock over the next year is ---------.
The expected rate of return on Black Sheep Broadcasting's stock over the next year is------.
Answers
Answer:
The first part of the question is missing, so I looked for it.
The expected rate of return on Happy Dog Soap's stock over the next year is:
= (return if market is strong x probability of strong market) + (return if market is normal x probability of normal market) + (return if market is weak x probability of weak market) = (33% x 0.25) + (20% x 0.45) + (-26% x 0.30) = 9.45%
The expected rate of return on Black Sheep Broadcasting's stock over the next year is:
same formula as before = (46% x 0.25) + (26% x 0.45) + (-33% x 0.30) = 0.133%
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answers
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
What do Investors use the income statements of organizations for?
Investors use income statements of organizations to calculate ____
1. Financial statements
2. Financial journals
3. financial ratios
such as the business's operating margin, and
1. Turnover ratio
2. Profit Margin
3. ROA
Answers
Answer:
financial ratios and profit margins
Explanation:
Which example describes sharing risk?
A) getting car insurance
B) deciding not to buy a car
C) only driving during the day
D) driving a car at high speeds
Answers
Answer:
D
Explanation:
Employers are reluctant to embrace a reduction in work hours by shortening the workweek, increasing the number of part-time workers, or offering more time off from work because
Answers
Employers are reluctant to embrace a reduction in workhours by shortening workweek,more time off from work because of concerns like profitability, operational continuity, and employee management.
Employers are often hesitant to adopt reduced work hours due to several reasons. Firstly, they may worry about a potential decline in productivity. Shorter workweeks or increased part-time positions can result in reduced output, as employees have less time to complete tasks and projects. This reduction in productivity may affect the company's overall performance and profitability.
Secondly, employers may be concerned about the financial implications of implementing reduced work hours. Paying full-time wages to part-time employees or granting more time off without a proportional decrease in workload can strain the company's budget. Additionally, some industries operate on tight schedules or have customer demands that require continuous staffing, making it difficult to accommodate reduced work hours without affecting operational continuity.Lastly, there might be concerns about the impact on employee morale and job satisfaction. While reduced work hours can be appealing to employees seeking a better work-life balance, some individuals may prefer the stability and benefits associated with full-time employment.
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To ensure the completeness of a business message, a writer should.
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QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?
Answers
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25
On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms, Carlos pays 18 months’ rent ($18,000) in advance on December 1. How much can Carlos deduct for rent in 2021?
a. $12,000
b. $18,000
c. $1,000
d. $13,000
Answers
The amount that Carlos can deduct for rent in the year 2021, based on his annual rent is c.$1,000.
Rent in 2021When recording rent, you can only record it for the period that the financial statement is for.
The rent given is for 18 months from December 2021 which means that it will be for only a single month in December.
The rent will therefore be a rental amount for a month:
= Rental amount / Number of months
= $18,000 / 18
= $1,000
In conclusion, option C is correct.
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Which of the following is NOT a useful strategy when making an informed purchase?
1.Compare your option to similar products.
2.Calculate the unit price of the product.
3.Read the online reviews of the product and ask trusted friends who use it.
4.Purchase a product based on a social media influencer.
Answers
this would not be an informed purchase
j. flores owns a business and is trying to decide whether to incorporate. while researching corporations, she has determined the following facts. which of these facts is not correct?
Answers
When the rights of the owners are transferred, corporations are dissolved.
Corporations dissolve when owners transfer rights. Option D
This will be discussed in further detail below.
What do you mean by corporations?A corporation is an organization, which is often either a collection of individuals or a firm, that has been granted permission by the state to function as a single entity and is recognized as such in law for the purposes of specific activities.
To sum everything up, Charters were the first means through which early corporations were created.
These days, new companies may be formed in the majority of countries via a process called registration.
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complete question
J. Flores owns a business and is trying to decide whether to incorporate. While researching corporations, she has determined the following facts. Which one is not correct?
Corporations limit shareholder's liability.
Corporations have ease of capital accumulation.
Corporations have lack of mutual agency.
Corporations dissolve when owners transfer rights.
Corporations incur double taxation.
there are different types of production systems. there is one type that deals with one of a kind tailored to the unique requirements and usually not repeated.
Answers
The type of production system that deals with one-of-a-kind tailored to unique requirements and usually not repeated is called a custom production system.
Production systems are the systems that manage the process of creating goods and services. They are responsible for transforming raw materials into finished products through a series of processes.There are various types of production systems. Mass production, batch production, and custom production are the three primary types of production system.
Mass production is the type of production system that produces goods in large quantities with a consistent level of quality. Batch production, on the other hand, is the type of production system that produces goods in small batches, and each batch is a distinct set of products.
Finally, a custom production system is the type of production system that deals with one-of-a-kind tailored to unique requirements and usually not repeated.Hence, the correct answer is that the type of production system that deals with one-of-a-kind tailored to unique requirements and usually not repeated is called a custom production system.
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FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving again. According to the president, the problem is that markets are flawed and they do not protect consumers. Therefore, the government should study the problem, decide what must be produced, and pass laws that require individuals and businesses to follow the government’s informed advice.
Opponents of the president see a different world. They say central planners do not have enough information to organize an economic system. Markets may seem chaotic, but prices act as signals and respond quickly to fragmented information in a dynamic economy. These price signals provide consumers, businesses, and resource owners with the information they need to coordinate action. In addition, incentives matter. Government programs often create incentives that have unintended consequences. The economy will grow if we stay the course.
What would Adam Smith say? Why?
SECOND SCENARIO: The Save Our Jobs Coalition is working to pass a law that would penalize businesses that move jobs overseas. In addition, the law would require tariffs to be imposed on imported goods that are cheaper than similar goods made in the United States. Many corporations and small businesses are in favor of raising tariffs.
Opponents of the proposed law believe freer trade promotes economic progress because it makes more sense to buy goods from a country that makes them less expensively and use the country‟s resources to make other products. A tariff may save jobs in a particular industry, but other jobs will not be created. Furthermore, prohibiting American companies from having operations overseas means the companies will be reluctant to hire people domestically and will lay off highly paid workers in their quest to cut costs.
What would Adam Smith say? Why?
THIRD SCENARIO: Business lobbyists believe the current government is anti-business. They also think competition is making it difficult to make a profit. They believe it’s time for the government to help businesses through subsidies and incentives for consumers to buy their products. They also want the government to suspend antitrust laws and make new rules and regulations that would make it more difficult for small businesses to compete unfairly with large, well-established corporations. According to the lobbyists, helping business will improve everyone’s lives.
What would Adam Smith say? Why?
FOURTH SCENARIO: “Stop Government Now” is a group that believes there is no legitimate role for government except providing for police and fire protection. Members believe almost all governmental functions should be privatized. Markets should not be regulated. Members say markets may be greedy, but free markets make us all more moral.
What would Adam Smith say? Why?
MUST WRITE A PARAGRAPH FOR EACH SCENARIO
Answers
The proposed response of Adam Smith based on each scenario is given below:
Scenario 1He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.
Scenario 2He would side with the free market system and be an opponent of the law that frowns on importation.
Scenario 3He would support the suspension of the antitrust laws.
Scenario 4He would believe that markets should not be regulated and the free market system should continue.
Who is Adam Smith?He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product
Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.
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An author writes a history book to be used in college courses. The copyright protection subsisting in that work applies to:
Answers
We should understand that copyright protection subsisting in his work applies to every other aspect of his work as well
The Copyright law is a law that protects owners of an original material from unauthorized duplication or use by another person.
The rights associated with a copyright protection includes:
right to make derivatives of a workright to reproduce a workright to lend a work.In conclusion, the copyright protection subsisting in his work applies to every other aspect of his work as well.
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