One reason that hiring a lawyer whom you have only met over the phone is a mistake is that ______.

Answers

Answer 1

Answer: You don't know if the person is really a lawyer or just a person trying to scam you and you don't know how good of a lawyer the person is

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A corporate manager chafes under red tape and bureaucratic regulations until finally deciding to start a separate business. The apparent reward he seeks is _________.a. the satisfaction of working with people. b. a satisfying way of life. c. community service. d. independence.
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Layoffs are predictable. true or false

Answers

That statement is True.

If you see the company's financial performances, you can easily predict whether a company would expand or cut off their employees. Poor financial performance always directly connected to emloyees' layoff

The correct answer is false.

The ice cream market is an example of _____ because it has many sellers who offer differentiated products.

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The ice cream market is an example of monopolistic competition because it has many sellers who offer differentiated products. Monopolistic competition is a market structure characterized with freedom of entry and exit, but firms can differentiate their products. Firms are price makers because the good is highly differentiated.

I think i'ts a monopolistic competition.

You decide to become a neurosurgeon. After high school, you will need four years of college, four years of medical school, five years of residency and a two-year fellowship. Assume you graduate high school at 18. How old will you be when you finish training?

Answers

So, first you graduate your high school - you're 18 years old.

After this, you need four years in college -which means that you will finish college at 22, 4 years after you're 18

After this you will go to medical school for 4 years -until you're 26.

Then you have a residency of 5 years- 26+5=31, so until you're 31

after this you have a two year training until you're 33- so the correct answer is 33!

When consumption of a good generates a positive externality, which of the following must be true at the market equilibrium? A. Marginal social benefit is less than marginal private cost. B. Marginal social benefit is greater than marginal private benefit. C. Marginal social cost is greater than marginal social benefit. D. Marginal social cost is less than marginal private benefit.

Answers

Answer:

B. Marginal social benefit is greater than marginal private benefit.

Explanation:

When consumption of a good generates a positive externality, the statement is true at the market equilibrium is marginal social benefit is greater than marginal private benefit. As we hold a perception of this permanence concerning some positive externality signifies that marginal social benefit remains higher aside from marginal private benefit. Ended consuming simply quantity Q, marginal social benefit is a higher marginal social cost, including higher of the good, should be absorbed.

Final answer:

In a situation of positive externality, the marginal social benefit of a good or service exceeds the marginal private benefit at the market equilibrium, leading to societal underconsumption of the good or service.

Explanation:

When consumption of a good generates a positive externality, the correct statement would be that the marginal social benefit is greater than the marginal private benefit. A positive externality occurs whenever the consumption of a good or a service by an individual has a beneficial impact on others who are not directly involved in the transaction.

The marginal private benefit essentially represents the individual user's private gain from consuming an additional unit of a good or service. On the other hand, the marginal social benefit reflects the total benefit to society, considering not only the individual's private benefit but also the positive impact on others.

Thus in the case of a positive externality, the marginal social benefit exceeds the marginal private benefit at the market equilibrium, effectively leading to an underconsumption of the good from a societal perspective, because individuals account only for their private benefit and not for the external benefits generated by their consumption.

Learn more about Positive Externality here:

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You want to buy your dream car, but you are $5,000 short. If you could invest your entire savings of $2,350 at an annual interest of 12%, how long would you have to wait until you have accumulated enough money to buy the car?

Answers

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Lezos LLC, a chain of international restaurants, has operations in more than 50 countries around the world. The company has a practice of investing in projects long enough for them to become successful. Which of the following is most likely a reason for the success of Lezos in international markets?a. human resource management
b. customer service
c. financial resources
d. retail format development

Answers

Answer:

c. financial resources

Explanation:

Based on the information provided it can be said that the most likely reason for the success of Lezos in international markets are their financial resources. That is because (like mentioned in the question) they are able to keep supporting these projects financially for as much time as they need in order for them to actually become successful. Therefore there is no other factor in play except for money.

Answer:

C. Financial resources

Explanation:

Financial resources involves all forms of liquid asset owned by an organization. It is the money available for business expenditures. It may include, cash, bank deposits, financial investments and so on. Here, Lezos has a culture of investing long enough in a project to make it successful. That investment success is as a result of the financial resources possessed by Lezos. That's why the can invest long enough until it becomes successful.

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When you convert 0.63 to a fraction which of the following could be the first step of the process

Which of the following is the best way to get your catering business started?a. Get involved with local organizations and become a speaker. b. Research your area and develop a marketing strategy. c. Wait for your excellent food and service to build you a good image and reputation. d. Leave your business cards every appropriate place you can.

Which of the following is not an objective of financial reporting? Multiple Choice 1. To provide information about the fair value of an entity’s economic resources.2. To report financial performance from the perspective of cash inflows and outflows. 3. To provide indirect information about management’s performance in meeting its responsibilities for stewardship of the entity.Incorrect 4. To provide information that is useful to investors and creditors.