Question 2
(a) Explain virtue theory. (10 marks)
(b) The airline industry offers first class, business class and economy class seats on many of their airplanes. Customers who fly in first or business class pay a much higher rate than those in economy seats, but they also get more amenities. However, the higher prices paid for business or first class seats help to ease the airline’s financial burden created by making room for economy class seats.
(i) Describe utilitarian theory. (10 marks)
(ii) Apply utilitarian theory to determine if it is ethical for the airline to charge first class and business class seats higher rates. (10 marks)
Source : The Straits Times, March 2020

Answers

Answer 1

It should be noted that the virtue theory is that once you can imagine what a good person is like, you should behave in any situation as you think such a person would behave.

How to illustrate the information?

It should be noted that utlitarianism is an ethical theory which determines right from wrong by focusing on outcomes.

In this case, it is a form of consequentialism. Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number.

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Related Questions

Money is to an economy what language is to communication. What does this statement mean?

Answers

Answer:

i think it means that you need money to have an economy and you also need a language to be able to talk to someone

Explanation:

O*NET, what common work activities are performed by Production, Planning, and Expediting Clerks? Check all that
apply.
O repairing and maintaining mechanical equipment
getting information
interacting with computers
operating vehicles, mechanized devices, or equipment
communicating with supervisors, peers, or subordinates
organizing, planning, and prioritizing work

Answers

Production, Planning, and Expediting Clerks are responsible for organizing, planning, and prioritizing work; getting information; interacting with computers; and communicating with supervisors, peers, or subordinates. Therefore, the correct options are B, C, E, and F.

O*NET, short for Occupational Information Network, is a free online database that provides information on hundreds of occupations. It includes details on job duties, skills, knowledge, and education requirements, as well as information about the job outlook and salary.

The data in O*NET is gathered from surveys of workers and occupational experts, ensuring that the information is up-to-date and accurate.Production, Planning, and Expediting Clerks are responsible for a variety of tasks, including monitoring production processes, coordinating the flow of materials, and ensuring that deadlines are met.

Some of the most common work activities performed by these clerks include:Organizing, planning, and prioritizing work Getting informationInteracting with computers Communicating with supervisors, peers, or subordinates.

Therefore, options B, C, E, and F are correct.

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Job Search Challenge Card #1 Logic Puzzle

Answers

#1 CHALLENGE puzzled card

Differentiate foreign investment from the types of aid provided by the UNDP and world bank, citing specific examples of aid from both.

Answers

Foreign investment is in domestic companies and assets in another country and made by foreign investors like your participation (ownership stakes) in firm. The types of aid provided by the World Bank are funding, policy advice and technical assistance to developing country governments.

What are foreign investments and their types?

A foreign investment is an investment by a foreign investor in a domestic company or property in another country. Large multinationals will look for new opportunities for economic growth by opening branches and expanding investments in other countries.

Types of Foreign Investment in India: Foreign funds can be invested in equity, real estate, ownership/management, or cooperation. Foreign Direct Investment (FDI) Foreign Portfolio Investment (FPI). Foreign Institutional Investment (FII)

What is an example of foreign investment?

A major Australian mining company buys a small Angolan company in order to diversify. Both are examples of foreign direct investment, where the business decision to become involved in some way or to have an interest in a company is made by an investor based outside the border.

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capital definition. ​

Answers

Answer: the most important city or town of a country or region, usually its seat of government and administrative center.

Explanation:

Answer: the most important city or town of a country or region, usually its seat of government and administrative center. hopes this helps pls mark me as brainliest

Explanation:

Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples

Answers

Explanation:

I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."

Objective:

The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.

Components:

1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.

2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.

3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.

Interrelationships among Components:

The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:

1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.

2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.

3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.

By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.

Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components

• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.

• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications  and authorize the processed/ captured applications in order to produce the cards

• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.

The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things  i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.

I'll have to investigate fraud once a person notifies them in writing that their information is an accurate

Answers

I'll have to investigate fraud once a person notifies them in writing that their information is an accurate and it does not show on records

How to investigate fraud

If an individual notifies in writing that their information is accurate and there are no indications of fraud, a fraud investigation may not be necessary. Instead, the focus should be on verifying the accuracy of the information and addressing any discrepancies through a verification or reconciliation process.

It is essential to communicate with the individual, update records if necessary, and maintain proper documentation. However, if fraud suspicions arise during the verification process or if the person later reports suspected fraud, a fraud investigation should be initiated following appropriate procedures.

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The following account appears in the ledger prior to recognizing the jobs completed in January:Work in ProcessBalance, January 1 $17,890 Direct materials 145,450 Direct labor 156,900 Factory overhead 82,470 Jobs finished during January are summarized as follows:Job 210 $72,490Job 216 44,300Job 224 84,570Job 230 149,000a. Journalize the entry to record the jobs completed.Finished Goods Work in Process Feedbackb. Determine the cost of the unfinished jobs at January 31.______________ $

Answers

Answer:

The unfinished jobs are "$52,350".

Explanation:

The given values are:

Work in process balance,

= $17,890

Direct material,

= $145,450

Direct labor,

= $156,900

Factory overhead,

= $82,470

The four finished jobs are:

Job 210,

= $72,490

Job 216,

= 44,300

Job 224,

= 84,570

Job 230,

= 149,000

Now,

According to the total of all four finished jobs:

The Journal entry will be:

                                                         Debit                            Credit

(a) Finished goods                      $350,360          

    Work in progress                                                      $

(b)

The unfinished jobs on January 31st will be:

= Work in progress opening balance + Direct material + Direct labor + Factory overhead - finished goods

On substituting the values, we get

= \(17,890+ 145,450+156,900+82,470-350,360\)

= \(52,350\) ($)

International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called

A. commission house brokers

B. exporting trade companies

C. business trade unions

D. domestic channel companies

Answers

Answer: B. exporting trade companies

Explanation:

Trade unions are the organisations that are out in place so as to protect the interest of workers. They negotiate for better wages and salaries, provide job security, and seek better working conditions for their workers.

Export trading company is simply referred to as an independent company that helps in the provision of support services to the companies that are involved in the exportation of goods and services.

Commission house brokers is simply an individual who helps in representing people who have properties.

Therefore, the answer is exporting trade companies.

The source document we would create to collect cost information in a "Job Order Cost System" is? a labor distributed sheet

Answers

The source document that can be used in the recording of the costs that are incurred in the job order system is known as the cost sheet.

Job order cost system simply means a system that takes place when customers order unique and few batches of products.

It should be noted that the job order costing determines the price of each individual product and is also vital as it ensures that the cost for each product is reasonable enough for the customers to buy it. The cost sheet is required in this case for recording.

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Identify the features of stocks and bonds.

coupon rate
face value
closing price
maturity date

Stock? Bond ?


Plato/edmentum unit 3 finance

Answers

Answer:

Stocks:

closing price maturity rate

Bonds :

Coupon rate Face value

Explanation:

A stock entitles the holder to dividend payments and gives ownership right of a company to the holder.  

The closing price of a stock is the last price that the stock sells for at the end of a trading session

A bond is a debt instrument.

How is a background similar to a shape?

Answers

Answer: they both have contrast and are abstract

Explanation: your welcome

Which of the following is not a component included in a standard business plan? a. executive summary b. employee summary c. market analysis d. financial analysis Please select the best answer from the choices provided A B C D

Answers

Answer:

B

Explanation:

The employee summary is not included in the standard business plan.

multiple choice
Which element of the balanced scorecard speaks to improving responsible
leadership?

Group of answer choices

1.Learning and growth

2.Financial

3.Customer

4.Business processes

Answers

1. Learning and growth

In the money market, if the interest rate exceeds the equilibrium interest, there is a surplus of money. How is the surplus eliminated?
A) People buy bonds to rid themselves of the surplus money, bidding up their price and pushing interest rates down.
B) Banks will lend out the surplus, lowering interest rates.
C) The Federal Reserve will destroy currency, reducing the quantity of money.
D) The high interest rate increases the demand for money, eliminating the surplus.

Answers

The answer to your question is (A)

1: Which of the following is an injection into the circular
flow of income?
A) The customs duties levied on luxury imports into the
country
B) The purchase by foreign firms of goods produced by
local firms
c) The higher interest rate offered to local savers, who open
deposits in foreign currency with local financial
institutions
D) The closure of a special government employment
targeted scheme (JEEP)

Answers

B) The purchase by foreign firms of goods produced by local firms is an injection into the circular flow of income.

Answer:

B

Explanation:

Investment, government spending, and exports rapidly boost an economy's whole demand, which further increases the level of income or output. They can be regarded as injections to the circular flow of income.

Among the changes that labor reformers wanted after the Industrial Revolution was more jobs for untrained workers. a ban on child factory workers. jobs for women factory workers. equal pay for owners and workers.

Answers

Among the changes that labor reformers wanted after the Industrial Revolution was: B. A ban on child factory workers.

Changes that labor reformers wanted

The changes that labor reformers wanted was to be an end to child labor or underage labor.

Labor reformers play an important role by fighting to stop child labor and to as well fight for a better working conditon for workers as well as better wages or remuneration.

Therefore Among the changes that labor reformers wanted after the Industrial Revolution was: B. A ban on child factory workers.

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Among the changes that labor reformers wanted after the Industrial Revolution was more jobs for untrained workers and ban on child factory workers. Thus, option A is correct.

What were the child labor reforms?

Child labour laws are pieces of legislation that limit and govern kids' employment. Because children could fit in smaller spaces and employers could pay them less during the Industrial Revolution, child labor increased.

Although Massachusetts passed a child labor law in 1836, Prussia was the first nation to impose restrictions on child labor in factories and set a limit on the number of hours a child could work. By 1890, there were laws against child labor in almost all of Europe. Child labor has been a problem since the dawn of civilization. Children were employed by nomadic tribes to gather berries and perform minor maintenance, according to early history.

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Which of the following is an example of a soft skill?
A. Managing a team
B. Creating a spreadsheet
C. Operating a forklift
D. Installing an air conditioner

Answers

Answer:

A

Explanation:

managing a team is an example of soft skill

The adjusted trial balance for Waterway Industries at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 9% $3000000 Interest Payable 48000 Premium on Bonds Payable 98000 Notes Payable (3 months.) 38000 Notes Payable (5 yr.) 166000 Mortgage Payable ($13000 due currently) 200000 Salaries and wages Payable 16000 Income Taxes Payable (due 3/15 of 2022) 23000 The total long-term liabilities reported on the balance sheet are $_______.

Answers

Answer:

The total long-term liabilities reported on the balance sheet are $3,451,000.

Explanation:

Details                                                        Amount ($)

Bonds Payable 9%                                     3,000,000

Premium on Bonds Payable                           98,000

Notes Payable (5 yr.)                                     166,000

Mortgage Payable (200,000 - 13,000)         187,000

The total long-term liabilities                   3,451,000

A job analysis report transforms the analysis into three components: an
analysis, a summary, and
?

Answers

Work activities, worker attributes, and work context are the three main categories of data used in job analysis.

What is Job analysis?

Work analysis is the process of gathering all the essential details about a certain job, including the tasks involved, the knowledge and skills needed to accomplish the job, and the responsibilities and skills necessary for the job to be performed successfully.

One of the most crucial tasks carried out by a human resource manager is job analysis. By defining the relevance, definition, and technique of "job analysis" with an emphasis on the job description & job specification, which are seen as the process's output, this article will help readers understand the concept.

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Explain Maitland’s argument for morality of sweatshops.
a. You need to understand the Classic Liberal Standard in contrast to other standards.
b. Consistently Libertarian, his argument is both Kantian and Utilitarian. You need to know why.
2. Why does Maitland thing that requiring a living wage in sweatshops is itself immoral?
a. This is primarily an economic argument that leads to a moral judgment. You need to explain why.
3. According to Arnold’s and Bowie’s use of the Respect Principle, what do we owe other people?
a. Focus on what they say based on Thomas Hill’s work.
b. Contrast what they say with the way a Libertarian would argue about what we own others.
4. Explain Arnold’s and Bowie’s use of the Kantian Respect Principle in their discussion of a living wage.
a. It will be important to understand what is owed to other people.

Answers

Maitland's argument is utilitarian and Kantian in that he upholds the autonomy of the individual and contends that the overall advantages of sweatshops such as increased economic growth and the eradication of poverty outweigh any potential drawbacks.  The shops intentions are misguided and they would actually do more harm than good.

1. The Classic Liberal Standard, on which Maitland's argument is predicated, asserts that people have the right to pursue their own self interest without interference or coercion as long as they do not harm others in the process.

Maitland contends that employment opportunities in sweatshops are appealing to workers and frequently superior to those offered by other sources.

2.Maitland contends that requiring a living wage in sweatshops is morally wrong in and of itself because it would stunt economic development and raise unemployment in developing nations. He contends that wages in sweatshops are frequently higher than the going rate in the neighborhood and that employees have the option of working there or not.

According to him, mandating a living wage would raise the cost of labor and deter businesses from using sweatshops, which would limit the number of jobs available to workers. The main thrust of Maitland's argument is economic, but he thinks it ends up being moral because efforts to require a living wage would hurt the very people they are meant to help.

3. Arnold and Bowie emphasize the significance of treating employees as ends in themselves rather than as means to an end in their discussion of a living wage by applying the Kantian Respect Principle. They contend that employers have a moral duty to respect employees inherent dignity by paying them a living wage.

This rule is based on Kant's contention that people should always be regarded as ends in and of themselves, as opposed to merely being used as means to further our own goals.

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select a business from any of three business sectors​

Answers

A business from any three business sectors is industry. Businesses clearly differ in what they do.

Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.

As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.

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Conducting a foreign trade transaction
The Schengen Convention means a country without internal border controls.
Is it an advantage or a disadvantage not to have internal border controls?

Answers

Answer:

Disadvantage  

Explanation:

It is a disadvantage because say if you were to come into a foreign country  with a hundred dollars of your cuerncy for a 1000 dollars worth of their own currency  they wont b able to determine if that is true or not because there is no way to check  without that border controls on how much they are supposed to give you so its putting that country at a lost because if multiple ppl find out about that the country starts to loose vaule to where the point that you have more of that country money thank they do to where they  technically own that country now

__ management involves formulating policies and using procedures to maintain the stock of goods.

Answers

Answer:

Inventory

Explanation:

In financial accounting, the term described in the question is called Inventory management. This stock being talked about also includes stock of raw materials, the components of these raw materials as well as the finished products. In addition to that, also inventory of the products being put in a warehouse and also the ones that are transported out.

the african economic community (AEC) is an organization of african union states establishing a single market, a central bank and common currency. what type of arrangement does this BEST represent

Answers

Explanation:

The aim of the AEC is to promote economic, social and cultural development as well as African economic integration in order to increase self-sufficiency and endogenous development and to create a framework for development, mobilisation of human resources and material.

A well-known industrial firm has issued $1,000 bonds that carry a 4% coupon interest rate paid semiannually. The bonds mature 20 years from now, at which time the industrial firm will redeem them from $1,000 plus the terminal semiannual interest payment. From the financial pages of your newspaper you learn that the bonds may be purchased for $715 each ($710 for the bond plus a $5 sales commission). What nominal annual rate of return would you receive if you purchased the bond now and held it to maturity 20 years from now

Answers

Answer:

5.59%

Explanation:

$1,000 bonds carrying a 4% coupon rate, semiannual coupon $20, matures in 20 years

if you purchase the bonds at $715, the nominal annual rate of return = coupon payments / bond price = ($20 + $20) / $715 = $40 / $715 = 5.59%

The nominal annual rate of return is calculated by dividing the revenue generated by an investment by the cost of the investment.

negative effects of trade and industrialization ​

Answers

Answer:

Industrialization contributes to negative externalities such as environmental pollution. Separation of capital and labor creates a disparity in incomes between laborers and those who control capital resources.

Explanation:

If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =
$120000. The Long-term debt equal

Answers

Answer:

C

Explanation:

If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =

$120000. The Long-term debt equalj

A company's sales in the last year in its three different markets were as follows: Market 1 Market 2 Market 3 Total $ 75,000 60,000 45,000 180,000 In a pie chart representing the proportion of sales made by each region what would be the angle of the section representing Market 3 (to the nearest whole degree)? (2 Points)​

Answers

The angle of the portion characterizing Market 3 in the pie chart is 90° (to the most forthcoming whole point).

How to solve

To find the angle of the division representing Market 3 in the graph resembling pie, you need to decide the proportion of total businesses it shows and then increase that proportion by 360° (the total number of qualities in a circle).

Market 3 buying: $45,000

Total sales: $180,000

The proportion of Market 3 demand amount to sales:45,000 / 180,000 = 0.25

Now, increase the proportion by 360° to find the angle:0.25 * 360° = 90°

So, the angle of the portion characterizing Market 3 in the pie chart is 90° (to the most forthcoming whole point).

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Your company, CSUS Inc., is considering a new project whose data are shown below. The required equipment has a 3-year tax life. Under the new law, the equipment used in the project is eligible for 100% bonus depreciation, so the equipment will be fully depreciated at t = 0. The equipment has no salvage value at the end of the project’s life, and the project does not require any additional operating working capital. Revenues and operating costs are expected to be constant over the project's 10-year expected operating life. What is the project's Year 4 cash flow?

Answers

The project's Year 4 cash flow, CF, is just the same as the Year 3 cash flow, CF.

What is the project's Year 4 cash flow?

The project's estimated working life is 10 years, during which time income and operating expenses are anticipated to remain stable. We are unable to compute the precise quantities of income and costs because we are not provided with this information. Instead, we'll presump that the project will produce a steady annual cash flow (CF) for the course of its ten-year lifespan. We do not need to account for any depreciation costs for the project because the equipment is depreciated at time zero. The yearly cash flow generated by the endeavor, which we'll assume is CF, will be equal to the cash intake in Year 4 of the project. All operating expenses related to the project in that year, in addition to any taxes that must be paid, will be included in the cash outflow in Year 4. We are unable to compute the particular operational costs or tax rates because we are not given this information. Instead, we'll assume that the project's constant yearly cash flow includes the operational expenses and taxes.

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The compliance department may re-direct communication that are not related to compliance? True or False Who led the English commonwealth? Question if, instead, some fuel remains, at what height should the engines be fired again to brake the rocket's fall and allow a perfectly soft landing? (assume the same acceleration as in the initial descent. ) fill in the blank.............................. As the wind whips round,I take a breath for victory.Wanna play tag, or wave your white flag?Cuz youll never touch me!King of hearts, all in,Its not a sin to wanna win.Cant see me flying like a bee, black and yellow energy,Only me on my team, naturally ______ ____ ____ _______ The #2 discovery was:aheliocentrism0E=MCPchereditygeneral relativityd When negative externalities are present, it leads to ___ whereas positive externalities lead to ___a underproduction, overproduction b overproduction, underproduction c overproduction; efficient production d shortage; surplus Why did the United States look to the Pacific for new markets? The highest mountain in the Western Hemisphere is Mount McKinley.True As a teenager, Enrique learned a valuable lesson from his dad, who told him to invest $1,000 at 8 percent interest at age 20 and leave the money alone until age 65. Enrique's dad knew that one strategy used by wealthy people is to exercise self-discipline and never touch a long-term savings plan. Enrique is happy to apply his dad's advice. If Enrique leaves the money in the account until he is 68, by approximately what amount would the balance increase between his 62nd and 68th years reese sold half of his comic books and then bought 8 more. he now has 15. how many did he begin with? A new car is purchased for 23700 dollars. The value of the car depreciates at 13.5% per year. What will the value of the car be, to the nearest cent, after 10 years when naming branched chain alkanes, the names of the alkyl substituents are listed in alphabetical order true or false? Can someone plz help me with this one problem plzzzzz!!! Express the sum of the polymonial 3x^2+15x-56 and the square of the binomial (x-8) as a polynomial in standard form. Why do you think that Dr. King said no, at first, to kids going to jail? when the nurse evaluates a patient receiving intraaortic balloon pump (iabp) therapy, which finding would indicate that the pump is improving the patient's health status? select all that apply. candy that costs 31 cents per pound is mixed with candy that costs 46 cents per pound to obtain 50 pounds of candy that costs 40 cents per pound. How many pounds of each of the two types of candy are in the mix? 15. Of the 360 students in the freshman class, 216 are on the honor roll and 180 play a school sport. Of those that play a school sport, 112 are not on the honor roll. Complete the Venn diagram below to represent this situation.16. Using the Venn diagram in question 15, if one of the students is chosen at random find: (school sport | honor roll) Hamish is a successful hairdresser. Hes decided to grow his business by opening another salon. Hamish doesnt have an online presence yet, but thinks this might help. Which of his business goals could being online help him achieve?. Explain the ratio of calcium ions to chloride ions in CaCl2