The correct response is option b. P=MR=MC=ATC at long-run equilibrium
An economy is in economic equilibrium when the demand for a basket of commodities and the supply of those commodities are equally stable. External factors like an increase in government spending, income tax, price level, and consumption pattern will have an impact on the value of economic forces in equilibrium.
A commodity's aggregate demand and supply are equal in economic equilibrium. Firms in perfectly competitive industries make a normal profit, and each firm aims to make the most money possible by producing as much output as possible at a level where the marginal cost (MC) equals the marginal revenue (MR).
In the long run, firms in a perfectly competitive industry strive to be allocatively efficient, which means that they produce goods in a way that meets the preferences of customers at a price (P) that is equal to the marginal cost (MC). Additionally, businesses strive for productive efficiency when marginal cost (MC) and average total cost (ATC) are equal.
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Pablo runs a small car washing business in his neighborhood on the weekends. This
past weekend, Pablo earned $284. Prior to opening his car wash, he needed to stock
up on soap, sponges, and towels which cost him $46. He also had his son help him
with the car washing and paid him $25 for his help. What was Pablo's net income for
this past weekend?
which statement below regarding expansions is true? they occur during times of high rates of unemployment. they happen when gdp reaches its highest point. they happen when gdp reaches its lowest point. they occur when the economy is experiencing gdp growth.
(D) They occur when the economy's GDP is growing.
Explanation-
Increased employment and economic growth characterize an expansion. A peak, on the other hand, is the highest point when the economy is producing at its maximum allowable output.
GDP growth- The annual average rate of change in gross domestic product (GDP) at market prices in constant local currency for a given national economy over a specified time period.
What drives GDP growth?
Increases in consumer spending, nonresidential fixed investment, and government spending all contributed to GDP growth. The report reflected an ongoing shift toward services spending over goods spending, with spending on the former increasing 2.8% while spending on the latter fell 1.2%.
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environmental cost is rarely captured in analyses. question 10 options: explicit implicit operating capital
The environmental cost is rarely captured in analyses explicit implicit operating capital.
These are the costs that a company incurs when it releases waste into the environment. Examples include the cost of cleaning up an oil spill or cleaning up a polluted river. Businesses with a bad environmental reputation can also be subject to fines and other penalties, and suffer loss of sales.
Operations can affect the environment in many ways, including air pollution, manufacturing emissions, wetland impacts, and waste disposal. Environmental costs include current and future environmental impacts for which the company is responsible, as well as personnel costs associated with environmental cost accounting.
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suppose that the administration in charge of the government proposes increasing spending on infrastructure. assume that everything else stays the same. the components of aggregate demand (ad) are consumption (c), investment (i), government purchases (g), and net exports (nx). which component of ad is primarily affected? net exports (nx) investment (i) consumption (c) government purchases (g) what likely happens to the ad curve? ad shifts to the left (it decreases). ad stays in the same location. ad shifts to the right (it increases). what likely happens to the level of unemployment? unemployment increases unemployment remains the same unemployment decreases
The aggregate demand curve would be moved to the left by a decrease in investment in an amount equal to the multiplier times the change in investment.
How does the AD curve change when it moves to the right?A shift in the AD curve to the right indicates an increase in at least one of these factors, resulting in higher overall expenditure at all price levels. This includes "positive demand shocks," for instance.
What occurs when the unemployment rate rises?A high unemployment rate has a variety of effects on the economy. Unemployment may result in increased payments from the state and federal governments for things like food stamps because unemployed persons tend to spend less and may accumulate more debt.
There are several factors that cause the unemployment rate to change. Although a shift in the number of job seekers is an evident cause, the labor force's size may also have an impact on the unemployment rate.
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as a member of the ucla workforce, would zhou have a legitimate right to view patient records in his normal course of employment?
In this instance, Zhou might have the right to see a patient record if it is part of his regular course of work. However, since UCLA is not directing him to do so, he does not have the right to access this kind of data. Additionally, he lacked the authority to obtain such patient data because he had no justification under the law for doing so. Zhou might have a legal right to see patient records, depending on the kind of research the team was conducting. However, he was not permitted to see the PHI of his superiors, coworkers, or well-known figures. However, in this instance, Mr. Zhou does not have the right to access the medical records of clients, bosses, coworkers, or famous people because UCLA is not directing him to do so. Furthermore, Mr. Zhou lacks the legal right to access the information because he has no justification for doing so. Mr. Zhou violated HIPAA rules in addition to abusing his legitimate rights.
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What is horizontal analysis and vertical analysis?
Vertical analysis shows quantities as percentages of a base figure, whereas horizontal analysis shows variations across years or periods.
Vertical analysis: What is it?The vertical analysis compares financial statements by showing each line item as a percentage of another line item on the statement. "Horizontal analysis" is frequently used in conjunction with this kind of study.
Explain what a horizontal analysis is.When reviewing a company's financial statements over several periods, horizontal analysis is utilized. The most common way to represent it is as a percentage increase over the identical line item in the base year. Users of financial statements can quickly see trends and growth patterns thanks to horizontal analysis.
The importance of horizontal and vertical analysisIn contrast to vertical analysis, which shows amounts as percentages of a base figure, horizontal analysis shows variations across years or periods. The vertical analysis normally focuses on one reporting period, whereas horizontal analysis typically evaluates multiple reporting periods.
Along with the typical profitability and liquidity ratios, financial statement analysis also includes horizontal and vertical analysis. By selecting a base year, the horizontal analysis aids the organization in comparing the outcomes of the income statement and balance sheet from one period to another.
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shue music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,300, and the company expects to sell 1,500 per year. the company currently sells 1,850 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,520 units per year. the old board retails for $25,100. variable costs are 55 percent of sales for both boards, depreciation on the equipment to produce the new board will be $1.85 million per year, and fixed costs are $2.8 million per year. if the tax rate is 22 percent, what is the annual ocf for the project?
The operating cash flow of the project is $9512915
Operating cash flow is the after-tax free cash flow that is available to the firm for new investments or expansion. It is also available to the owners of businesses as well. If a firm does not generate sufficient OCFs, there would be a high likelihood that it will engage in a shortage of liquidity in the short term.
Revenue on new board = Quantity sold x Price = 1,500 x $27,300 = $4,09,50,000
Loss on existing sales = (1,850 - 1,500) x $25,100 = $87,85,000
Net sales = $4,09,50,000 - $87,85,000 = $3,21,65,000
Variable expense = Net sales x 55% = $3,21,65,000 x 55% = $1,76,90,750
Fixed costs = $2,800,000
Depreciation = $1,850,000
OCF = (Net sales - Variable cost - Fixed cost - Depreciation) x (1 - Tax rate) + Depreciation
OCF = ($3,21,65,000 - $1,76,90,750 - $2,800,000 - $1,850,000) x (1 - 22%) + $1,850,000
= 98,24,250*0.78 + 1,850,000
= 7662915 + 1850000 = $9512915
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a buyer of $7,200 in merchandise inventory failed to take advantage of the vendor's credit terms of 2/15, n/45, and instead paid the invoice in full at the end of 45 days. by not taking advantage of the cash discount, the buyer lost the discount of:
From the viewpoint of the business selling the items, it is referred to as a sales discount, while from the viewpoint of the consumer, it is referred to as a purchase discount. Bad debt risk is decreased by cash discounts.
A cash discount is a reduction from the invoice price that is permitted by the buyer's service or goods supplier.
101323.2 N/ m2 + 2739.1 N / m2
= 104062.3 N/m2
1 N/m2 equals 0.0075 torr.
P = 780.46725 torr
9.8692 x 10-6 atm = 1 N/m2
P = 1.0270 atm
1 N / m2 = 1 Pa
P = 104032.3 Pa
The main benefit of utilising less dense fluid in the manometer is that it measures small changes in pressure values more quickly than using more dense fluid. Compared to the heavier density fluid, measuring the rate is more difficult.
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A cash discount is an allowance made by the provider of the products or services to the buyer below the invoice price.
P = 104032.3 Pa
What is Purchase Discount?While it is known as a purchase discount from the perspective of the customer, it is known as a sales discount from the perspective of the company selling the goods. Discounting cash reduces the risk of bad debt. If the supplier offers it and the firm pays the supplier's invoice within a certain time frame, the company may receive a purchase discount as a deduction. A cash discount or an early-payment discount are other names for the purchase discount.
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gwen and hera do business as g&h civil engineers, a partnership. the uniform partnership act governs the firm
Gwen and Hera do business as g&h civil engineers, a partnership. the uniform partnership act governs the firm in the absence of a partnership agreement.
A partnership is a relationship among or greater human beings to do an exchange or commercial enterprise. Absolutely everyone contributes money, assets, exertions, or skill, and shares the profits and losses of the business. Ebook 541, Partnerships, has information on how to: form a partnership.
Partnerships increase your lease of understanding, knowledge, and resources available to make better products and reach a more targeted audience. All of those put together at the side of 360-diploma remarks can skyrocket your business to excellent heights. The right commercial enterprise partnership will beautify the ethos of your company.
A failed business partnership can come from many things, for instance, a terrible management group, a lack of economic safety, terrible go-out planning, or maybe youngsters/own family problems. A failed commercial enterprise partnership may be a remember of reality and now not necessarily a reflection on the partners or their personal courting.
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carlos instructs his sales agent, edgar, not to sell on credit to andrew because carlos has experienced problems collecting from andrew for prior purchases. edgar sells on credit to andrew, who pays properly. has edgar violated any obligation to carlos?
Edgar has violated the obligation of the duty to obey all instructions of the principal, which means option D should be the right answer.
Credit on purchase refers to the financial exchange of product on terms and conditions, under which the person is able to get the product by paying for it later on. Principal is money lent to a borrower or put into an investment, which will be increased or decreased depending upon the rate of lending money. When we lend money, it is necessary to ensure that the borrower is capable to pay back the money or has collateral that can be used to regain the given amount. However, if the person is not able to pay back money due to some unwanted conditions, some efforts can be managed but if repayment is not made intentionally, then such people must be debarred from further loans or lending, so that any further losses can be minimized to the organization.
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Refer to complete question below:
Carlos instructs his sales agent, Edgar, not to sell on credit to Andrew because Carlos has experienced problems collecting from Andrew for prior purchases. Edgar sells on credit to Andrew, who pays properly. Has Edgar violated any obligation to Carlos?
1. He has not violated any obligation since Andrew paid properly.
2. He has violated the duty to exercise reasonable judgment.
3. He has not violated any obligation since Edgar did not evaluate Andrew's credit worthiness correctly.
4. He has violated the duty to obey all instructions of the principal.
what is a subprime loan? multiple choice question. a type of adjustable rate mortgage with a low interest rate that helped home buyers qualify for expensive homes. a fixed-rate mortgage that has higher monthly premiums. a biweekly mortgage that has lower monthly premiums.
Subprime loan is a type fixed-rate mortgage that has higher monthly premiums, high-risk and high-interest loan.
What is Subprime loan ?A subprime mortgage is a loan secured by real estate given to applicants with poor or no credit histories. The interest rate paid on these mortgages is greater since there is a bigger chance of not being able to repay the borrowed money. Because of this, the lender can only get back a certain sum at the start of the loan.The characteristics of subprime mortgages' repayment schedules and interest rates vary. Due to the risk associated with these mortgages, the lending bank may decide to present a repayment schedule that is advantageous to them.For the first few years of the loan, the borrower must only pay the interest on an interest-only loan. The borrowers in this situation believe they can sell the property or refinance it before the principle payment is due.To learn more Subprime loan refer :
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if sarah uses her debit card to purchase movies over the internet, then the money to pay the retailer will come from: group of answer choices sarah's m2 funds. the smart card company's m1 funds. the smart card company's m2 funds sarah's m1 funds.
The smart card company's m1 funds. Currency, demand deposits, and other liquid deposits, such as savings accounts, are all included in the m1 measure of the money supply.
Which forms of currency are included in M1?Currency, demand deposits, and other liquid deposits make up m1, which is made up of the most liquid types of money. Share draft accounts, ATS and NOW accounts, as well as savings deposits, are examples of additional liquid deposits. Small-denomination time deposits and retail money market funds are included in m2's non-m1 components.There are various definitions for how much money is: m1 comprises cash and funds from checking accounts (demand deposits). Traveler's checks, another element of m1, are becoming less common. Savings deposits, time deposits like certificates of deposit, and money market funds are also included in m2, in addition to m1.To learn more about Demand deposits refer to:
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How is a game designer different from a writer?
Answer:game desighners are mostly online
Explanation:
abc company issued bonds with total annual coupon payments of $5,000 at a stated rate of 4%. the cash received at issuance was $132,973. what was the bond premium or discount at issuance?
Debit to Interest expense of $1,100, credit to Discount on Bonds Payable of $100, credit to Cash of $1,000 was the bond premium or discount at issuance.
What is Discount ?A sales discount is a discounted price that a company offers for a product or service. Learn how to add discounts to your bill. A sales rebate, also commonly referred to as a “discount,” offers a company's customer a discounted price on one or more of his products or services offered by the company.The customer acquisition process begins with building awareness and interest. Discounts are a proven way to do just that. Consumers are attracted to discounts and tend to share discounts through word of mouth. This is an efficient way to reach new customers while keeping customer acquisition costs down. A discount is an amount or percentage off the normal retail price of a product or service. For example, you may be offered a $10 discount off the list price of the product, or a 10% discount off the list price.To learn more about Discount from the given link :
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repurchase agreements are purchased by the fed to group of answer choices temporarily decrease the aggregate level of bank funds. permanently increase the aggregate level of bank funds. permanently decrease the aggregate level of bank funds. temporarily increase the aggregate level of bank funds.
Repurchase agreements are purchased by the Fed to Temporarily increase the aggregate level of bank funds.
What are Repurchase Agreements?In a repurchase agreement, one party commits to selling securities to the other party at a given price in exchange for an obligation to purchase those same securities at a later time for a different (often higher) predetermined price. For dealers in government securities, a repurchase agreement (repo) is a type of short-term borrowing arrangement. In a repo, a dealer offers investors government assets for sale, typically overnight, and then buys the securities back the next day at a slightly higher price. They include tripartite repos, buy-sell back repos, and traditional repos for bonds. The lender actually takes control of the collateral in a buy-sell repo deal. Here, a security is sold in full and concurrently purchased back for a later date.
Hence, Repurchase agreements are purchased by the Fed to Temporarily increase the aggregate level of bank funds.
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What element of a project plan describes the method of delivery that is covered by documents such as the technical specification and test plans?.
Project planning is a discipline addressing how to complete a project in a certain timeframe, usually with defined stages and designated resource.
What is project planning?The Project Management Body of Knowledge (PMBOK) defines a project plan as: "a formal, authorized document that serves as a roadmap for managing and executing projects. The project plan's main functions are to record planning decisions and assumptions, to promote communication among project stakeholders, and to record baselines for scope, cost, and schedule that have been approved. A project plan might be either detailed or simplified." [1] [required full citation]The most recent version of the PMBOK (v6) refers to the contract that the project sponsor and project manager use to reach an initial agreement on the project's high-level vision (scope, baseline, resources, objectives, etc.) as the project charter. The project charter and the project management plan are the two main documents in the PMI methodology outlined in the PMBOK v5The project manager creates the project management plan following input from the project team and key project stakeholders. The plan should be agreed and approved by at least the project team and its key stakeholders.hence,Project planning is a discipline addressing how to complete a project in a certain timeframe, usually with defined stages and designated resource.
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Which of the answers below correctly describe the cash over and short account? (check all that apply.)
a. It is an asset account.
b. It is an income statement account.
c. It records the effects of cash overages and cash shortages.
d. A debit balance reflects an expense.
e. A debit balance reflects a revenue.
The answers below correctly describe the cash over and short account as a debit balance reflecting an expense.
The debit stability in a margin account is the entire sum of money owed by the consumer to a broker or other lender for budget borrowed to purchase securities. a sum of money in a bank account, etc. that's much less than zero due to the fact more money becomes taken out of it than the total amount that becomes paid into it: clients should remember to transfer the debit stability to a credit card with a special charge for debt transfers.
assets and prices have herbal debit balances. which means nice values for assets and expenses are debited and bad balances are credited. subsequently, the current account has debit stability that must be shown on the asset aspect of the stability Sheet.
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Using the base case, calculate the annual sales growth for 2020e using a weighted-moving average of the past three years' growth rates, with the most recent year given a weight of 3, the next given a weight of 2 and the oldest given a weight of 1. What is the growth rate? use this rate (exact calculation) for the entire forecast period in the base case.
The weighted-moving average formula and the company's yearly sales, the annual growth rates are used to calculate the annual sales growth rate for 2020E, which is 10.60%.
What is annual growth rate?A measurement's value changing over the course of a year is known as the annual growth rate (AGR). To spot trends in investments, annual growth rate is a useful tool. According to a survey of nearly 200 senior marketing managers by The Marketing Accountability Standards Board, 69% of respondents said they thought average annual growth rate was a useful metric. The previous year is used as the base in the formula used to determine annual growth rate. "Percentage growth is the central tenet of year-on-year analysis. Over longer periods of time, compound annual growth rate (CAGR) is generally considered an acceptable metric for average growth rates. A comparative figure can be obtained by dividing the results of the current period by those of the previous period.
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you have been asked to draft a boilerplate warranty for a software contractor that will absolutely protect the firm from being sued successfully for negligence or breach of contract. is this possible? explain.
you have been asked to draft a boilerplate warranty for a software contractor that will absolutely protect the firm from being sued successfully for negligence or breach of contract. I would say it's impossible because it's impossible to account for all scenarios.
Developers and other IT workers can and often are sued for contract violations under common tort law.
Once it is written, code becomes a liability for developers rather than an advantage. It provides the necessary software, but at a price that requires bug fixing and maintenance. Each new line of code can lead to issues, take time, and increase complexity.
The US Copyright Office describes copyright as a legally enforceable form of production or work protection. Since code is regarded as an authored product, original software can be protected by the same law.
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what is credibility? what two factors exert the most influence on an audience’s perception of a speaker’s credibility?
Credibility refers to how the listeners feel about or perceive the speakers.
Two main factors, skill, and character, influence a speaker's credibility.
The believability of a source or message is made up of objective and subjective components, which together make up credibility. Since Aristotle's philosophy of rhetoric, credibility has existed. Rhetoric, according to Aristotle, is the capacity to identify potential persuasive arguments in any given circumstance. He separated the methods of persuasion into three categories: Ethos, which refers to the reliability of the source, Pathos, which refers to emotional or motivational appeals, and Logos, which refers to the logic employed to support a claim. He believed that each of these methods has the power to persuade the recipient of a message. The speaker's persona is the subject of the term "Ethos," according to Aristotle. The speaker wants to come out as trustworthy. In fact, an orator who wants to "inspire faith in his audience" will use the speaker's ethos as a rhetorical device.
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Gas stations can price the products that they sell in their convenience store a little bit higher because?
a these products are usually substitutes to the gas sales and the demand for gas is inelastic
b these products are usually substitutes to the gas sales and the demand for gas is elastic
c these products are usually complements to the gas sales and the demand for gas is elastic
d these products are usually complements to the gas sales and the demand for gas is inelastic
Gas stations can price the products that they sell in their convenience store a little bit higher because these products are usually complements to the gas sales and the demand for gas is inelastic.
The name of the convenience store comes from both its intended use and the typical stock of goods. A convenience store can be a standalone establishment, but it is frequently located inside of a gas station. This makes it simple for customers to make purchases while refueling their cars. The Illinois Department of Commerce recommends that small convenience stores stock 2,800 to 3,200 items in up to 400 different categories.
Basic dairy products like milk, butter, cottage cheese, sour cream, and other types of cheese are readily available in many convenience stores. Usually, there won't be many different brands available.
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(figure: aggregate supply) if the economy is at point e, which of the following describes the likely adjustment process?
If the economy is at point e, adjustment process is likely described as nominal wages increase, and the short-run aggregate supply curve shifts left until actual and potential output are equal. (Option A)
In economics, adjustment process refers to the process through which a market surplus results in a reduction in the quantity supplied or a market shortage leads to an increase in supplied quantity. Quantity adjustment is complementary to pricing. In the given figure, at the point E nominal wages increase, and the short-run aggregate supply curve shifts left until actual and potential output are equal. Short-run aggregate supply describes the relationship between planned national output and the general level of price. The short-run aggregate supply curve illustrated an upward-sloping curve that depicts the total output quantity that will be produced at each price level in the short run. The curve will shift left when the price of key inputs rises until the actual and potential output are equal.
Note: The question is missing options which are a) nominal wages increase, and the short-run aggregate supply curve shifts left until actual and potential output are equal. b) nominal wages decrease, and the short-run aggregate supply curve shifts right until actual and potential output are equal. c) nominal wages increase, and the short-run aggregate supply curve shifts right until potential output is greater than actual output. d) nominal wages decrease, and the short-run aggregate supply curve shifts right until potential output is less than actual output.
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you expect to receive $3,100 upon your graduation and will invest your windfall at an interest rate of .43 percent per quarter until the account is worth $4,750. how many years do you have to wait until you reach your target account value?
You expect to receive $3,100 upon your graduation and will invest your windfall at an interest rate of .43 percent per quarter until the account is worth $4,750. The correct option is (D) 24.86 years
present value = $3100
future value = $4,750
interest rate = 0.43 % = 0.0043
we get here time period that is express by future value formula that is
future value = present value × ....................1
put here value and we get
$4,750 = $3100 ×
1.5322 =
take ln both side we get
ln (1.5322) = t × ln(1.0043)
0.4267 = t × 4.2907 ×
t = 99.4476 quarters
so time in years will be
time = 99.4476/4
time = 24.86 years
so correct option is (D) 24.86 years
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The question was incomplete. Check below the full question.
You expect to receive $3,100 upon your graduation and will invest your windfall at an interest rate of .43 percent per quarter until the account is worth $4,750. How many years do you have to wait until you reach your target account value?
(A) 25.02 years
(B) 26.78 years
(C) 21.76 years
(D) 24.86 years
(E) 23.21 years
according to the u.s. bureau of labor statistics, the leading causes of death in a workplace are falls, transportation accidents, and:
In the United States, 40% of workplace fatalities are caused by transportation-related incidents.
How many people are killed and injured at work each year in the United States?
Employers in private industry reported 2.6 million cases of illness and injury in 2021, a decrease of 1.8% from 2020.In 2021, there will be 2.2 million cases of injury, up 6.3% from the previous year, while there will be 365,200 cases of illness.
How should employers encourage employees to eat healthy and exercise at work?
Gyms in the area should receive materials from employers to promote healthy eating and exercise in the workplace. If an employee is hurt on the job, they can get paid. If employees work more than the allotted number of hours, their employers are obligated to compensate them for overtime.
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Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: 7 Regression Statistics Multiple R 0.9755 R Square 0.9517 Observations 30 Intercept Production (X) Coefficients 175,003 11.57 Standard Error 61,603 0.9213 T Stat P-value 2.84 0.021 12.55 0.000 What is Star's total fixed cost? Multiple Choice $61,603 $92,130 O O $175,003 О $236,606
From the regression output.
Fixed cost = Intercept = $ 175,003
8) CM Ratio = Contribution Margin / Sales
Contribution Margin = sales - Variable cost
= $20 -14 = $6
CM Ratio = 6 /20 = 30%
Answer: 30%
Contribution margin (CM), or dollar contribution consistent with unit, is the promoting charge in line with unit minus the variable value consistent with unit. "Contribution" represents the part of income sales that isn't always consumed via variable expenses and so contributes to the insurance of fixed charges. This concept is one of the key constructing blocks of damage-even analysis. Decomposing sales as Contribution plus Variable prices. Within the value-volume-earnings evaluation model, costs are linear in extent. In fee-quantity-income evaluation, a form of control accounting, contribution margin—the marginal income according to unit sale—is a beneficial amount in carrying out diverse calculations, and may be used as a measure of operating leverage.
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If annual demand is 24,000 units, orders are placed every 0. 5 months, and the cost to place an order is $50, what is the annual ordering cost?.
If annual demand is 24,000 units, orders are placed every 0. 5 months, and the cost to place an order is $50, annual ordering cost = $1,200
the annual ordering cost is calculated as follows: 12 months / 0.5 months = 24 * $50 = $1,200
Annual ordering costs are calculated by multiplying the number of orders placed each year by the cost per order.
An annual ordering cost is calculated by multiplying the total number of orders by the cost of each order.
The ordering cost helps the company calculate the costs of the supplies, labor, and overhead involved in completing that particular job. Businesses can produce bids that are low enough to be appealing to clients while preserving a profit margin by using task order costs effectively.
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suppose that a small company is thinking of putting plants in their lobby for employees to view and enjoy. since the plants are to be viewed by employees, the plants are non-excludable (it is infeasible to move a plant each time a specific individual walks by) and non-rival in consumption (if one worker looks at the plant, it does not prevent another from doing so as well). the company employs three workers: tim, tyler, and karl. the company is thinking about buying up to three plants, and wants to know how much workers would enjoy each plant. for tim, the first plant has a benefit of $31 per day, the second plant has a benefit of $19 per day, and the third plant has a benefit of $9 per day. for tyler, the first plant has a benefit of $26 per day, the second has a benefit of $13 per day, and the third has a benefit of $7 per day. for karl, the first plant has a benefit of $17 per day, the second has a benefit of $11 per day, and the third has a benefit of $3 per day. given that no one else will see the plants, no one else values the plants in the lobby. what is the marginal social benefit of the first plant?
The marginal social benefit of first plant will be $119.
What is marginal social benefit?The happiness felt by consumers of a particular good plus or minus the overall environmental and social costs or benefits is known as the marginal social benefit. Marginal social gains, for instance, are greater than marginal private benefits if there are positive externalities of consumption. The marginal social benefits will, however, be lower than the marginal private benefits if negative externalities of consumption, such as pollution, are produced. A marginal advantage is the difference in benefits brought about by consuming one more unit of a good or service. The cost consumers are willing to pay for the extra unit of production typically determines it.
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the price that one division of a company charges another division for its products, which are the inputs the other division requires to manufacture its own products, is known as:
The inputs the other division requires to manufacture its own products, is known as transfer pricing.
Transfer pricing refers to the price that one division of a firm charges another division for its goods, which are the inputs required by the other division to make its own products.
Transfer pricing is a tactic used by multinational firms to divert income away from their home nations and towards tax havens. The strategy includes a multinational selling its own goods and services at inflated prices. Transfer pricing assists in lowering duty expenses by transporting products into nations with high tariff rates using cheap transfer prices, hence lowering the duty base of such transactions.
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the price of a new model of ipad tends to fall significantly a year after it is introduced. suppose jane bought an ipad as soon as it was introduced (a year ago) and paid a premium price for it. now she wants to buy an ipad cover. which of the following should she consider before buying the new accessory?
Since she has paid premium price for iPad, for buying iPad cover she should consider the price of the iPad cover and the benefit she'll receive from using the iPad cover.
Price is the value assigned to a good or service and is determined by a complicated series of measurements, research, and risk-taking skills. A pricing strategy considers variables such as market conditions, consumer willingness to pay, competitor activity, trade margins, and input prices, among many others. Target audiences include the specified consumers and rival businesses. Corporate decision occasionally increases a product's price to make it appear more upscale or exclusive. To encourage more clients to try it, they might also cut the price.
Jane must consider the value that she will derive from purchasing the iPad cover and the price she will pay for it.
The complete question is here:
The price of a new model of iPad tends to fall significantly a year after it is introduced. Suppose Jane bought an iPad as soon as it was introduced (a year ago) and paid a premium price for it. Now she wants to buy an iPad cover. Which of the following should she consider before buying the new accessory?
A. The price she paid for her iPad, the price of the iPad cover, and the benefit she'll receive from using the iPad cover
B. The price of replacing her iPad, the price of the iPad cover, and the benefit she'll receive from using the iPad cover
C. The price of the iPad cover and the benefit she'll receive from using the iPad cover
D. The price of the iPad cover had she bought it with the iPad, the current price of the iPad cover, and the benefit she'll receive from using the iPad cover
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It is difficult for the federal government to cut overall spending to help balance the budget because _____.
It is difficult for the federal government to cut overall spending to help balance the budget because people don't want to pay higher taxes, and about 70% of the budget is made up of uncontrollable entitlements.
A balanced budget is difficult to maintain since it typically calls for revenue increases, spending reductions, or a mix of the two. Few politicians today would support tax increases because the majority of Americans believe that their taxes are already too high. Reduced government expenditure is the only option.
The issue is that, when the budget deficit increases during a recession, political pressure to reduce government expenditure is frequently present. The government reduced expenditures to balance the budget, but this was done at a time when the economy was already fragile. Prices rise as a result of rising aggregate demand brought on by government spending.
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