In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for widgets is 250 per month when there is no tax. Then a tax of $6 per widget is imposed. As a result, the government is able to raise $750 per month in tax revenue. We can conclude that the after-tax quantity of widgets has fallen by


a. 25 per month.

b. 50 per month.

c. 75 per month.

d. 100 per month.

Answer:

Hi there!

You'll need 860.67 feet of lumber.

Explanation:

First we calculate the needs of lumber in inches

Shelves: 2 x 1,134 = 2,268 inches

Base Sides: 2 x 1,112 = 2,224 inches

Door stiles: 2 x 2,918 = 5,836 inches

Total inches long of lumber needed:

2,268 + 2,224 + 5,836 = 10,328 inches

Then we convert the unit of measure from inches to feet:

One inch equals 0.08333 feet.

10,328 x 0.08333 = 860.67 feet

Answer: They will be losing money because there company borrowed 25,000$ and lost about 7-8%

Explanation:

Answer:

yes, however, it is legal if congress gives consent.

Explanation:

Article I, § 10, clause 2 of the United States Constitution, known as the Import-Export Clause, prevents the states, without the consent of Congress, from imposing tariffs on imports and exports above what is necessary for their inspection laws and secures for the federal government the revenues from all tariffs on imports and exports. Several nineteenth century Supreme Court cases applied this clause to duties and imposts on interstate imports and exports. In 1869, the United States Supreme Court ruled that the Import-Export Clause only applied to imports and exports with foreign nations and did not apply to imports and exports with other states, although this interpretation has been questioned by modern legal scholars.

Answer:

idk

Explanation:

idk

Answer:

its option c

Explanation:

just found it the other guy is also correct

Answer:

Empathy

Explanation:

Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.

This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

Answer:

1.) Which location would be the most advantageous for my business.

2.) What business structure would best suit my business?

3.) What is the total cost of ownership of my capital purchases

Explanation:

Location: Siting a business location is widely regarded as one of the most critical decision one has to make when starting a business. A locaction which is accessible and also harbors the business choice of consumer.

2.) Business Structure : Careful planning, perusal and adoption of a model for one's business is a very essential decision to be at the beginning of a startup. Entrepreneurs may need to decide if embarking on a business alone or partnering with an already existing company or partner will reap the most benefit.

3.) Cost of ownership of capital purchase:

Capital purchases are very essential in starting a business. It incorporates building, facilities and essential equipment needed to run the business. Estimating the cost is very important while preparing for begin a start-up.

The three critical questions that entrepreneurs need to ask themselves while starting a business is as follows:

1.) Which location would be the most advantageous for my business.

2.) What business structure would best suit my business?

3.) What is the total cost of ownership of my capital purchases

The explanation is as follows:

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Answer:

To find the answer, we use the Consumer Price Index (CPI) formula:

CPI = ( Cost of Market Basket in a Given Year / Cost of Market Basket in Base Year ) * 100

In this case, we will assume that the base year is period 1, and the given year is obviously period two.

Now, we simply plug the amounts into the formula:

CPI = ( 6 + 14 + 28 / 5 + 12 + 30 ) * 100

CPI = ( 48 / 47 ) * 100

CPI = 102.13

In other words, the inflation rate for this CPI was 2.13%

Answer:

The balance in the finished goods inventory account at the beginning of the year is $15,400.

Explanation:

Please see calculation for the balance in the finished goods inventory account at the beginning of the year.

= Ending balance of finished goods inventory + Credited finished goods inventory - Debited finished goods inventory.

= $36,600 + $338,800 - $360,000

= $15,400

We will ignore other information given because they are not useful for the purpose of this solution.

Answer:

D

Explanation:

In the economic system, the monetary policies of the government are implemented through the banks.

Adjusting the rate of interest can only be done by the Federal Reserve.

All other options are under government fiscal policy.

Changes in monetary policy occur when the Federal Reserve adjusts interest rates to affect the money supply.

Monetary policy are the policy steps taken by the Federal Reserve (the Central Bank) to affect the level of money supply. The way by which the Federal reserve can affect money supply is either through changing the interest rate or undertaking open market operations.

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Answer:

D. Concentrating on looking at the message from the receiver's perspective.

Explanation:

When writing a business message, it is important to ensure that the perspective of the receiver is considered. There are two sides to a message; the speaker and the receiver. By making a business writtings audience oriented, it means that thoughts of the receiver or audience is considered alongside the message.

Although other skills such as; present ideal clearly but concise, attempt to get your audience to believe and accept your message, write to solve a problem or convey information are essential qualities of business writtings, yet do not point to audience oriented message.

Answer: A

She should check her own records to see if she made a mistake.

Explanation:

She should check her own records to see if she made a mistake is the first action Lupe should take when she discovers a difference between her records and the bank's records. Hence, option A is correct.

Account statements, signature cards, account applications, wire transfers, and any other DOCUMENT attesting to deposits, withdrawals, balances, and/or other account activity are all considered to be bank records.

If you use Online Banking, you can log in, choose Statements & Documents from the Accounts menu, then pick Order a paper statement copy from the Request statements tab. After you submit your request, paper statements will be mailed to you within 7 to 10 business days.

Any person who employs a financial institution's services, Any person for whom the financial institution serves as a fiduciary; and Corporations or partnerships with five or fewer partners.

Thus, option A is correct.

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The options are attached in the picture-

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Answer:

  $1000

Explanation:

Norris must pay the deductible, $1000.

Answer:

Explanation:

Answer and Explanation:

a and b. The average total cost and the marginal cost is shown below:

As we know that

Average cost is

= Total cost ÷ total number of customer loads

And, the Marginal cost is

= Additional total cost incurred for extra units generated

So based on this, the marginal cost and the average total cost are as follows

Customer load level   Total cost  Average cost   Marginal cost

     0                               $27

     1                                 $30          $30 ÷ 1 = 30        30 - 27 = 3

    2                                 $32          $32 ÷ 2 = 16        32 - 30 = 2

    3                                 $35        $35 ÷ 3 = 11.67     35 - 32 = 3

    4                                  $38        $38 ÷ 4 = 9.5       38 - 35 = 3

    5                                  $42       $42 ÷ 5 = 8.4       42 - 38 = 4

    6                                  $48       $48 ÷ 6 = 8          48 - 42 = 6

    7                                  $57        $57 ÷ 7 = 8.14      57 - 48 = 9

    8                                  $68       $68 ÷ 8 = 8.5      68 - 57 = 11

c. Now the customer loan you want is

As we know that

Profit = Marginal revenue - marginal cost

And, as we can see that at marginal cost 9 we can load 7 customers so the 7 customers would be wanted

Answer:

The correct answer to the following question will be Option C.

Explanation:

Limited Partnership seems to be a form of cooperation where partner responsibility becomes restricted to the degree to which they should have invested their money. It is a companion contributing even just a capital, i.e. only financial stake.

So that the above is the right answer.

Answer:

The correct answer is option (c) good is an inferior good.

Explanation:

Solution

Given that:

Blake's hourly wage increases form  = $8 to $15

Now,

By using the midpoint method we compute Blake's income elasticity of demand for generic potato chips which is given below:

Income elasticity of demand =(Y₁ +Y₂)/(Q₁+Q₂) * (Q₂-Q₁)/ (Y₁ - Y₂)

Thus,

Y₁ =8

Y₂ = 15

Q₁ = 2

Q₂ = 0

So,

Income Ed =23/2x - 2/7

= -46/14

=- 3.28

Therefore, the increase in income decreases demand of generic potato chips. this shows negative income effect which implies that good is inferior in nature.

Answer:

Price elasticity= 2.875

The good is an inferior good

Explanation:

Elasticity of demand is defined as the sensitivity of quantity demanded to changes in price of a particular commodity.

Midpoint method is used to determine elasticity between two prices. Change in quantity and price are divided by the average of each.

Price elasticity= {Q1 ÷ (Q2 + Q1)/2} ÷ {P1 ÷ (P1 + P2)/2}

Average quantity = (2 + 0) ÷ 2= 1

Average price= (8 + 15) ÷ 2 = $11.5

Price elasticity= (2 ÷ 1) ÷ (8 ÷ 11.5)

Price elasticity= 2 ÷ 0.6957 = 2.875

The good is an inferior good

An inferior good is one that demand falls as income of the buyer increases.

In this case an increase in income from $8 to $15 resulted in a fall in demand from 2 to 0

Answer:

The balance in its Retained Earnings account on December 31, 2015 equals $43,375

Explanation:

Ending retained earnings = Beginning retained earnings + Net income - Dividend declare = $ 43,000 + $ 6,000 - $ 5,625

= $ 49,000 - $ 5,625

= $ 43,375

The balance in Anderson’s Retained Earnings account on December 31, 2019 is $ 43,375.

A. It tracks the use of credit for lenders.

Explanation:

I've taken the test already, I hope, me getting the answer wrong, will help others!

The correct answer is A. It tracks the use of credit for lenders.

Credit agencies, also known as credit rating agencies, help potential lenders and creditors determine whether to lend or extend credit to an individual or business, by predicting the likelihood that the borrower will repay the debt in a timely manner.

Equifax, Experian and TransUnion are the three main consumer credit bureaus. They collect and store information about you that they use to generate your credit reports, which are used as the basis of your credit scores.

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Answer:

Introduction

The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).

Answer:

1. To prevent concentration of economic power and growth of private monopolies.

2. To also help the Government to enforce social control on trade and industry for ensuring equitable distribution of goods and services.

Answer:

Dr Cash $6,790

Dr Sales discount $210

Cr Accounts Receivable $7,000

Explanation:

Cost of goods sold by Landon Jewelers is $7,000

The cost is subject to 3/15, n/30 meaning that 3% will discount will be applicable if payment is made in 15 days. Where the balance is not paid within 15 days, it must however be paid within 30 days.

Since payment was made to Landon Jewelers within the 15 days grace, 3% deduction will be applicable to the payment.

Therefore Sales discount would be ;

= $7,000 × 3%

=$210

Balance paid in cash would be;

=$7,000 - $210

=$6,790

Journal entry for cost of goods sold would be;

Dr Cash $6,790

Dr Sales discount $210

Cr Accounts Receivable $7,000

Sales discount is an expense hence debited while the whole amount is credited to accounts receivable.

Answer:

Y = 15,500

Explanation:

If government spending increased by $200 million

Y = C + I + G + NX

Y = 5,000 + 0.6(Y-1,000) + 1,000 + (800+200) - 200

Y = 5,000 + 0.6(Y-1,000) + 1,000 + 1,000 - 200

Y = 5,000 + 0.6(Y-1,000) + 1,800

Y = 5,000 + 0.6Y-600 + 1,800

Y = 6.200 + 0.6Y

Y - 0.6 Y = 6,200

0.4 Y = 6,200

Y = 6,200 / 0.4

Y = 15,500

Therefore, change in equilibrium income (in millions) is $500

Answer:

A

Explanation:

200

Answer:

Internal employment source

Explanation:

When a company chooses from among its existing employees to fill up open job position it sourcing internally, however if it recruits from outside the organisation it is an external employment source.

Therefore, the policy decision of the Board of directors of 'Fairdeal limited' adopted the internal employment sourcing.

Answer:

Debit Supplies Expenses $850 and Credit supplies $850

Explanation:

Kimdly check attached picture for explanation

Answer:

Investment returns

Explanation:

Tax is a compulsory levy imposed by the government on an individual, firms etc for the provision of infrastructure.

Generally speaking, taxes are paid as soon as money is earned. While some taxes are due for payment when investments are sold at a profit, others like dividend , mutual funds are due when distribution is paid on the investment.

The ratio of gain or losses on an investment is referred to as investment returns. The returns could be higher which means profit hence must be taxed. It could also be the other way round,i.e lower returns . In such situation, loss is incurred on the investment and it is not taxed same way as having profit on the investment.

D. investment returns.

This question is incomplete because it lacks the appropriate options.

Complete Question

Four years ago, Mr. B sold his personal property on contract for $200,000, which resulted in a capital gain of $100,000. Mr. B properly elected to use the installment method of reporting and through last year had collected $40,000 on the contract. At the start of this year, the buyer defaulted on the contract, and Mr. B repossessed the property. At the time of repossession, the property had a fair market value of $160,000. What is the gain or loss to be reported on the repossession?

A) $20,000 Capital gain

B) $45,000 Ordinary income

C) $60,000 Ordinary income

D) $80,000 Capital gain

E) $100,000 Capital gain

Answer:

D) $80,000 Capital gain

Explanation:

From the question, we are told that Mr B sold his property for $200,000 on contract with $100,000 Capital gain. A Capital gain can be defined as the higher profit that is obtained from selling a property due to the fact that the price at which the house is been sold is higher than the price at which the property was bought.

This means the purchase price of Mr B's property = $100,000

Last year, Mr B collected $40,000 on the contract

Mr B repossessed his property which had a fair market value of $160,000 due to the default in payment of the buyer.

This means : Mr B collected a capital gain on repossession and this is calculated by:

(Selling price + Amount collected on contract) - Fair market value

($200,000 + $40,000 ) - $160,000

$240,000 - $160,000

= $80,000

Therefore , the gain to be reported on the repossession is $80,000 capital gain.

Answer:

Explanation:

In a common - size income statement , the percentages are calculated using the sales value as the base figure

                          This Year                            Last year    

Sales                 7,400,000            100        5,624,000     100

Cost of Goods  4,750,000            64.2        3,513,500     62.5

Gross Margin    2,650,000           35.8         2,110,500     37.5

Selling Exp.       1,392,000            18.8          1,079,000     19.2

Admin. Exp.         704,500             9,5           608,500       10.8

Total Exp.           2,096,500          28.3          1,687,500     30.0

Net Op. Inc.          553,500            7.5              423,000     7.5

Interest Exp.          101,000             1.4                87,000      1.6

NIBT                       452,500           6.1                336,000    6.0

Answer:

Following are the answer to this question:

Explanation:

Answer:

The answers are - blue chips and dividends.

Explanation:

Answer:

gases have definite shape and volume

Explanation:

Answer:

Gases have random motion.

They don't have definite ahape and volume.

Tbey have weak inter molecular forces.

Explanation: