If cigarettes are an inferior good, then a rise in consumer income will: A. Shift the demand for cigarettes in and to the left, raising the equilibrium price of cigarettes, but lowering the equilibrium price.
B. Shift the demand for cigarettes in and to the left, lowering the equilibrium price and quantity of cigarettes.
C. Shift the supply of cigarettes in and to the left, raising the equilibrium price and quantity of cigarettes.
D. Shift the supply of cigarettes out and to right, increasing the equilibrium price of cigarettes but decreasing the equilibrium quantity.
E. Shift the supply of cigarettes in and to the left, increasing the equilibrium price of cigarettes, but lowering the equilibrium quantity.

New team of management has taken over. as a result, organizational changes from a country-club style leadership where everyone does whatever they want has changed to a more mechanistic, structured, top-down management style. what ethical issues should the employees consider and how should they go about addressing these?

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?