7 Which of the following is descriptive of rent-seeking?O A domestic company hires a lobbyist to go to Washington, D.C. and try toinfluence legislators to impose tariffs on Brazilian (imported) goods thatcompete with the good it produces.O Company X hires an accountant to work for it.Jill pays her apartment rent a few days late each month and usually ends uphaving to pay a late fee.This year Bob earned a large profit from the small business he owns andoperates.b and d

The concept of rent seeking is identified when any company intends to achieve higher profitability…

Answered: Which of the following is descriptive…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Complete the Case Problem (Ch. 15) As the newly named president and CEO of Tourism Banff, the Destination Management Organization for the world-famous iconic tourism community location in Banff National Park (BNP), and Canada’s first and most famous national park, you have been asked to formulate a tourism development and promotion policy which balances the needs of residents of the small community of 6,700 permanent residents and the over 5 million annual visitors to BNP. In formulating the requested policy, keep in mind that the town of Banff is located in a National Park, how would you balance the rights and responsibilities of: ENDNOTES a. permanent residents of the community; b. visitors living in the nearby city of Calgary; and c. visitors from the rest of Canada? How would you decide which kind of tourism activities you would both allow and encourage within the National Park?
A1
Q.12. Profits do not have to be shared. This statement refers to:A. PartnershipB. Sole proprietorshipC. CompanyD. Corporates. Select one
3
3 Define what is meant by “M I S.”
N2. Account
14. If a buyer defaults on a contract for sale after paying $7,000 in earnest money as a deposit, what happens to the earnest money? O The seller keeps the $7,000. O The buyer gets the money back. ○ The seller and the listing broker split the money between them O The broker keeps the $7,000
11
15 If two variables were perfectly correlated, what would the coefficient of correlation r equal? Select one: a. -1 b. 0 c. none of the above d. -1 or 1 e. 1
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
Your company, Drones, INC, must decide on their path forward in regard to new or expanded facilities for drone production. The table below shows the potential profits/losses for each decision alternative in each of 4 market conditions (states of nature). Note that the numbers in red (with a minus sign) are losses. NOTE: I have provided some extra columns and rows for your computations. NOTE THAT THE OBJECTIVE IS TO MAXIMIZE PROFIT. STATES OF NATURE FOR POTENTIAL MARKETS FOR DRONES DECISION EXCELLENT GOOD FAIR POOR ALTERNATIVES OPEN 2 NEW $600,000 $400,000 -$200,000 -$500,000 PLANTS FOR PRODUCTION OPEN 1 NEW $500,000 $200,000 -$100,000 -$300,000 PLANT FOR PRODUCTION EXPAND $150,000 $75,000 $0 -$100,000 CURRENT PLANT DO NOTHING $0 $0 $0 $0 6.
F1. Subject :- finance a business worth $125,000 is expected to grow at 3% per year compounded annually for the next 2 years. Find the expected future value.

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