During times of a need, such as following a natural disaster, firms will overcharge for certain items or services, knowing customers will pay the higher cost due to lack of options. This unethical pricing practice is known as:.
The name of unethical practice that firms engage in when they overcharge for certain items or services is known as price gouging.
What is an Unethical Practise?This refers to the behavior which is shown to have no honor and respect for due process and is usually done in order to make a quick profit to the detriment of others.
Hence, we can see that when there are natural disasters or situations when there are uncertain situations, some firms actually overcharge for certain items or services, knowing customers will pay the higher cost due to a lack of options and this is known as price gouging.
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One of the key underpinnings of public choice analysis is the assumption that politicians and bureaucrats.
Public choice analysis is grounded in the assumption that politicians and bureaucrats make policy decisions based on self-interest, just as individuals and companies do.
What is public choice analysis?It is an analysis used for normative purposes, that is, it seeks to suggest improvements in the constitution after the identification of certain problems.
Therefore, public choice theory focuses on decision-making by influential people such as politicians and bureaucrats to assist in the development of the field, generating greater justice and honesty.
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PLEASE HELP ASAP WILL GIVE BRAINLIEST
Which source of information would help you make the most informed
decision about a purchase?
O A. A professional review
O B. An advertisement
O C. An online testimonial
O D. A conversation with the seller
Answer:
A. A professional review
Explanation:
Let's use process of elimination:
A) A professional is least likely to be biased, unless they've been paid.
B) An advertisement is by the manufacturer, and thus more likely to be biased.
C) Online testimonials can also be biased, because most of them are paid.
D) The seller only wants to make money. They're going to be the most biased of the bunch, as it will hurt their chances of making money if they give you a bad opinion.
A professional review is the source of information would help you make the most informed decision about a purchase. Hence, option A is correct.
What is a professional performance review?A management examines an employee's work performance, recognizes strengths and flaws, provides comments, and sets goals for future performance during a performance review, which is a formal assessment. Performance assessments and appraisals are other names for performance reviews.
Discuss your professional experience and any queries or apprehensions you may have regarding routine chores. Companies frequently value knowledge about specific employee experiences since it allows them to modify their expectations and goals to better suit their needs.
Professional performances are those in which artists get paid for their work, as opposed to amateur performances. In their career, professional performers are challenged creatively and intellectually. A professional actor is someone who makes their living by taking part in paid performances.
Thus, option A is correct.
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PLEASE HELP I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!!!
Darcy is in charge of selling some old equipment for her company as they clean out their warehouse. A customer offers to pay $6,000 for a set of old printing presses. To ensure she receives the funds, how should Darcy NOT accept payment for these items?
through an electronic funds transfer (EFT)
with cash
with a certified check
with a standard check
______ is a way of describing failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition.
If you started a car wash service today but didn't have the funds to pay
for advertising how would you advertise?
The perspectives expressed in the public service announcements suggest that popular interest in environmental issues such as smog control emerged most directly from.
The perspectives that was expressed in the public service announcements emerged from a greater awareness of impacts of abuses of natural resources.
Wnat is perspective?It should be noted that perspective simply means the point of view of an individual regarding a particular issue.
In this case, the perspectives that was expressed in the public service announcements emerged from a greater awareness of impacts of abuses of natural resources.
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Determine the due date and the amount of interest due at maturity on the following notes:
Date of Note Face Amount Interest Rate Term of Note
a. January 5 * $90,000 6% 120 days
b. February 15 * 21,000 4 30 days
c. May 19 68,000 8 45 days
d. August 20 34,400 5 90 days
e. October 19 50,000 7 90 days
* Assume a leap year in which February has 29 days.
Assume 360 days in a year when computing the interest.
Note Due Date Interest
(a) May 4
(b) Mar. 16
(c) July 3
(d) Nov. 18
(e) Jan. 17
Which of the following gas satisfaction measures wWhich of the following gas satisfaction measures would Be this for a company to use if they want to estimate how many customers might recommend them to their friends?
CES
CSAT
PSC
NPS
Answer:
Simple Random Sample
Explanation:
_____ is a significant question because, once the decision has been made and implemented, the firm must live with it due to the high costs involved
It should be noted that Facility location is significant question because, the firm must live with it due to the high costs involved.
What is Facility location?Facility location serves as as the term used in optimization problem, it is the optimal placement of facilities.
And this is a function of transportation costs and other factors.
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The following are all machine safeguarding requirements except:
a) Cannot create a new hazard
b) Must stop worker from making contact with any hazardous moving parts
c) Cannot hamper a worker from performing a job quickly and comfortably
d) Must prevent workers from lubricating a machine without removing the safeguard
Answer:
d) Must prevent workers from lubricating a machine without removing the safeguard
Explanation:
As much as possible, the safeguard should allow safe lubrication. One should be able to service and lubricate the machine without having to remove the guard. Positioning the oil reservoirs far from the guard reduces the maintenance worker's need to go near the danger area.
Removing the safeguards before maintenance may increase the machine's danger, especially if the maintenance worker is a contractor.
Answer:a
Explanation:
A leader's use of power can influence his or her overall effectiveness as a strategic manager. Which of these statements is true? a. Edward Wrapp says that effective leaders should use their power in a dictatorial fashion to ensure team members understand who the final decision maker is. b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge. c. Jeffrey Pfeffer believes that only those with a title and official position can exert power within an organization. d. Edward Wrapp argues that organizational leaders do not have anything in common with political leaders and should not behave democratically.
Answer:
b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge.
Explanation:
A true leader does not believe in dictatorship, rather believes in team work. When a leader uses his information received from various sources he creates an understanding with the current and expected performance standards of the company.
This provides for the use of resources like reports in the form of budgets, available understanding of finances of company etc:
A true manager or leader shall use his understanding on the company requirements and possible opportunities.
Thus, option B provides for the same.
Which of the following is not a common type of hazardous mechanical motion?
a) In-running nip points
b) Transversing
c) Shearing
d) Reciprocating
Answer:
option c is your answer!
Volunteering at an animal shelter is a great way to
demonstrate your passion for helping others
develop additional computer skills
earn money to pay for college tuition
show you have become skillful at studying
When we volunteer at an animal shelter, this is a great way to demonstrate your passion for helping others.
What does volunteerism show?Volunteerism refers to work that we are not paid for and are only doing in order to help others.
When we volunteer in an animal shelter therefore, it means that we are helping out others, be they animals or humans who need animal companions.
In conclusion, option A is correct.
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Answer: A - demonstrate your passion for helping others.
Explanation:
I got it right on my test.
Consider a good for which there is a positive externality. If this good were provided by the market, then.
If a good with a positive externality was provided by the market then B. less than the efficient amount of the good would be traded.
Why would less than the efficient amount be traded?A good with a positive externality would benefit a third party which means it would benefit more than those people who bought it.
As a result, it would be traded at an amount which is less than the efficient amount because the effect would be as though an efficient amount was traded.
In conclusion, option B is correct.
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The highest salaries and highest foreseeable level of future demand are most likely to be open to
A. STEM professionals
B. tradespeople
C. liberal arts professionals
D. human services professionals
The highest salaries and the highest foreseeable level of future demand are most likely to be open to tradespeople.
Who are the tradespeople?This is the term that is used to refer to the people that are specialized in a particular trade.
Due to the fact that there is an ever rising demand for trade, these people would have the greatest future salary.
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Answer: A.
Explanation:
One reason firms carry inventory is to ______, that is, to use inventory as a buffer between successive internal operations to avoid disruption in the event of equipment breakdowns or accidents.
One reason firms carry inventory is to use inventory as a buffer between successive internal operations
What is inventory?Inventory involves taken records or account of raw materials or resources that are used to produce goods .
It also involves taken account of goods that are available for sale, it helps to know and plan ahead of Productionm
Therefore, One reason firms carry inventory is to use inventory as a buffer between successive internal operations.
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Question 4 of 10
How does money function as a medium of exchange?
A. It has a value that is set and changed by the government.
B. It allows people to buy, sell, and trade goods efficiently.
C. It can be used to compare the value of different products.
O
D. It can be made of paper, metal, or many other materials.
Answer:
B. It allows people to buy, sell, and trade goods efficiently.
Explanation:
Medium of exchange refers to an intermediary instrument used to facilitate trade or the transfer of goods and services between parties. An item must be acceptable by the parties involved in the transaction to be used as a medium of exchange. It should represent a fair standard of value.
Money is the most widely used and accepted medium of exchange. It facilitates an easy and quick transfer of goods and services between buyers and sellers. Without money, the selling of goods and services would be conducted on barter trade. Money as a medium of exchange facilitates smooth transactions in business.
Money function as a medium of exchange allows people to buy, sell, and trade goods efficiently. Thus, option B is appropriate.
Money is a centralized, widely recognized, acknowledged, and applied means of exchange that makes it easier to exchange goods and services. In an economy, money is a form of exchange used for many different types of commodities and services. Each government and each nation has a unique monetary system.
Money has played an essential role as a means of exchange in society since the beginning of time. As a means of exchange, money makes it easier to exchange commodities and services. The exchange of money occurs when producers sell their products to wholesalers.
Thus, option B is correct.
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Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4. Instructions: Enter your answers as a whole number. For the absolute size of the public debt, enter your answer as a positive number. a. What is the absolute size of its public debt in year 4
The absolute size of its public debt in year 4 is 32 billion.
What is the size of public debt?A public debt is created when the government borrows to carry out its activities. The size of public debt increases when there is a deficit and it decrease when there is surplus.
Size of the public debt = $-40 billion + 10 billion - 2billlion = -32 billion
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Why does supplier competition make it harder for an entrepreneur to be successful
Answer:
because the supplier is already supplying sellers with what the entrepreneur is supposed to be selling and if more people are going to the other suppliers than no one will buy it from the entrepreneur because they can get it from suppliers
Explanation:
sorry if its wrong!
Its gives other entrepreneur advantage over the entrepreneur in question.
Suppliers encompasses people who supplies raw materials, finished goods to the users which can be an organisation or an entrepreneur.
Now, when there is competition, people tends to approach suppliers whose goods are cheaper. This gives some entrepreneur advantage over others because they sells at price at lower than their competitors.A typical example is when a supplier prefers to supply goods to an entrepreneur in an axis based on previous relationship. Other entrepreneur may suffers because they might get the product at higher price from another supplierIn conclusion, if price ceiling are employed, it will make uniform the price at the all suppliers will sell their goods to entrepreneur, hence, no entrepreneur will at higher advantage than others
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Monopolistic competition has which drawback compared to a monopoly?
A. Consumers have fewer options for buying new products.
B. Companies have less capital for expensive investments.
C. Prices are more likely to be fixed at high levels.
D. Governments are more likely to regulate them.
Answer:
B. Companies have less capital for expensive investments.
Explanation:
In monopolistic competition, there are many companies that compete in the same market. Each company only has some market power, because most of that power is shared among all of the companies of the market as a whole.
For this reason, companies in monopolistic competition obtain less revenue than companies in monopoly, and this means not only less profit but also less capital for expensive investments.
Answer:
It is, in fact, indeed, most definitely, positively, B
Explanation:
Why would you possibly not be able to use a check that you just deposited in a checking account?
A The deposit has been overdrafted
B the deposit is still pending
C the financial institution is closed for the day
D the FDA/ NCUA has not insured it yet
We will possibly not be able to use a check that you just deposited in a checking account if the deposit has been overdrafted.
What is a deposited check?Generally, a bank may hold a deposited check if there are insufficient funds in the payer's account or if the payer's account is closed or blocked for some reason.
But, in this context, if the deposit has been overdrafted, then one will possibly not be able to use a check that you just deposited in a checking account.
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If the fed raised the reserve requirement, the demand for reserves would.
In a scenario where the fed raise the reserve requirement, the demand for reserves would increase.
What is a reserve requirement?A reserve requirement simply means the amount of money that banks are expected to keep with the central bank.
It should be noted that when the fed raise the reserve requirement, the demand for reserves would increase, therefore, the federal rates would fall.
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Using its aging of accounts receivable, Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible. Prior to making its adjusting entry, the unadjusted Allowance for Doubtful Accounts has a credit balance of $1,000. After the adjustment, the:_____.a. Allowance for Doubtful Accounts will have a $90,000 credit balance.b. Bad Debt Expense will equal $90,000.c. Allowance for Doubtful Accounts will have an $89,000 credit balance. d. Allowance for Doubtful Accounts will have a $91,000 credit balance.
Since Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible, this implies that, after the adjustment, a. the Allowance for Doubtful Accounts will have a $90,000 credit balance.
What is Aging of Accounts Receivable?Aging of Accounts Receivable can be described as a technique of identifying open accounts receivables depending on the amount of time an invoice has been outstanding.
The importance of the aging of accounts receivables is its employment in ascertaining the allowance for doubtful accounts.
Since Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible, the implication of this in aging is that the desired ending credit balance of Allowance for Doubtful Accounts is $90,000.
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When preparing a flexible budget, the level of activity ______. Multiple choice question. affects fixed costs only affects variable costs only has no effect on costs affects both fixed and variable costs
It should be noted that When preparing a flexible budget, the ,level of activity Affects variable costs only.
What is a flexible budget?A flexible budget can be regarded as a budget which adjusts or flexes with changes in volume or activity.
It us a budget that is more sophisticated and useful than a static budget.
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What has too much political references
A term for the top most point of the wave is the
Enumeration: Give the top five (5) known families who owned the big Corporations in
the Philippines.
Answer:
The top five (5) known families who owned the big Corporations in the Philippines are discussed below in details.
Explanation:
The Philippines’ market world is controlled by a few prominent business families that have stakes in nearly every perspective of economics, from strength and mechanisms to real estate and production.
FAMILY-OWNED corporations continued to control the Philippine industry landscape.
The top five (5) known families who owned the big Corporations in the Philippines are:
The Sy FamilyThe Lopez FamilyThe Gokongwei FamilyThe Ayala FamilyThe Aboitiz FamilyThe correct statement is that the top five Philippines' families which are the owners of big corporations are
Lopez FamilyGokongwei familySy FamilyAboitiz familyAyala FamilyThese families are the owners of one of the biggest corporate houses that exist in the Philippines and still continue to dominate the nation's economic policies.
Family CorporationsThe families as mentioned above are indirectly the runners of the country's economy, owing to which there exists a big amount of corruption in the nation. As the families have subsequent powers under their control, it is said to be running the country for a prolonged period of generations now.Hence, the families like Sy family, Gokongwei family, Ayala family, Aboitiz family and Lopez family own big corporations in the Philippines.
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Many companies have been forced to deal with a type of online fraud that lures their employees into disclosing personal information. The employees receive an email that appears to come from the Internal Revenue Service, demanding confirmation of their Social Security numbers. The message threatens that noncompliance will mean criminal penalties. These employees are victims of ___________________.
Businesses in the nation of Islandia have been accumulating cash because they have a pessimistic outlook of the national economy. Due to recent changes in the economic outlook of Islandia, business leaders have started investing some of their accumulated cash. Instructions: Enter your answers as a whole number. Use a positive number to show an increase and a negative number to show a decrease. a. If business leaders invest a total of $30 billion of accumulated cash, what is the maximum expected change in GDP if Islandia's marginal propensity to consume is 0.8
The maximum expected change in GDP if Islandia's marginal propensity to consume (MPC) is 0.8 is: $150 billion.
Maximum expected change in GDPFirst step is to find the Multiplier
Multiplier= 1/(1 − MPC)
Multiplier = 1/(1 − 0.80)
Multiplier= 1/0.20
Multiplier=5
Second step
Maximum expected change = 5 × $30 billion
Maximum expected change = $150 billion
Inconclusion the maximum expected change in GDP if Islandia's marginal propensity to consume (MPC) is 0.8 is: $150 billion.
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