was there any kind of ethical lapse in laying off the employee or was it a practical decision for the survival of the company

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:

Question 1 2 points is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates