Which of the following is not generally considered to be a resource (factor of production)? O A. A small business owner. OB. A copper mine. OC. A bond issued by the Chrysler Corporation. OD. A college professor.

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Answer 1

the correct answer of the given question is option c which is A bond issued by the Chrysler Corporation.

One of the "Big Three" American automakers, Stellantis North America (officially FCA US and formerly Chrysler (/kraslr/))[2][3] has its headquarters in Auburn Hills, Michigan. It is a branch of the international automaker Stellantis in the United States. Stellantis North America sells automobiles under the Dodge, Jeep, and Ram nameplates in addition to the Chrysler brand. It also includes SRT, its performance automobile division, and Mopar, its automotive parts and accessories company.

Walter Chrysler created the original Chrysler Corporation in 1925 using the Maxwell Motor Company's leftovers. It was bought by Daimler-Benz, which changed its name to DaimlerChrysler in 1998.

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Related Questions

1-A long-term asset is recorded at the:

Cost of the asset.

Additional costs to get the asset ready for use.

Cost of the asset plus all costs necessary to the asset ready for use.

Cost of the asset less all costs necessary to the asset ready for use.


2- The Open Grill incurred the following costs in acquiring a new piece of land:
Cost of the land

$

80,000

Commissions

4,800

Liability insurance for the first year

1,200

Cost of removing existing building

20,000

Sale of salvaged materials

(4,000

)

Total costs

$

102,000

What is the total recorded cost of the land?

$102,000.

$100,800.

$106,000.

$80,000.

3-
The Cheese Factory incurred the following costs related to acquiring a new piece of equipment:
Cost of the equipment

$

50,000

Sales tax (8%)

4,000

Shipping

3,000

Installation

2,000

Depreciation during the first month

1,000

Total costs

$

60,000

What is the total recorded cost of the equipment?

$60,000.

$50,000.

$57,000.

$59,000.


4- Which of the following is properly recorded as an intangible asset?

An internally developed trademark.

A piece of land.

A purchased patent.

An internally developed copyright.

5-
Which of the following correctly describes the nature of depreciation?

Depreciation represents the valuation of property, plant, and equipment over its service life.

Depreciation represents the valuation of an intangible asset over its service life.

Depreciation represents the allocation of the cost of property, plant, and equipment over its service life.

Depreciation represents the allocation of the cost of an intangible asset over its service life.

6-Accumulated depreciation is

An expense account.

An asset.

A contra-asset.

A liability.


7-Depreciation in accounting is the:

Decrease in fair value of an asset.

Decrease in selling price of an asset.

Allocation of an asset’s cost to an expense over time.

Change in fair value of an asset.

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Answer:

I don't know what the answer would be because this is really confusing

Explanation:

I don't know how to explain it because I'm confused

when riley, a physical therapist, prescribes stretches and exercises to his patients, he is communicating externally.

Answers

It is true that Riley, a physical therapist, prescribes stretches and exercises to his patients when he is communicating externally.

Who is a physical therapist?

A physical therapist whose abbreviated form is PT is a health specialist who evaluates and treats human body disorders. They may help us to manage illnesses or injuries to our  Musculoskeletal system (bones and muscles), Neurological systems (brain), Cardiopulmonary system (heart and lungs) and Integumentary system (skin). Some people visit a physical therapist for advice on becoming healthier and how to prevent future problems from occurring.

Physical therapists help people of all ages and at different life stages.

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steger designs makes winter boots and moccasins at its factory in northern minnesota. assume the following represents data related to steger operations last year: raw materials used $ 400,000 total manufacturing costs charged to production during the year (includes raw materials, direct labor, and manufacturing overhead applied at a rate of 200 percent of direct labor costs) 850,000 cost of goods available for sale 958,000 selling and general expenses 280,000 inventories beginning ending raw materials $ 110,000 $ 105,000 work-in-process 75,000 92,000 finished goods 125,000 135,000 determine each of the following: (a) cost of raw materials purchased $answer (b) direct labor costs charged to production $answer (c) cost of goods manufactured $answer (d) cost of goods sold $answer

Answers

A value is the cost of cash that has been used up to provide some thing or supply a service, and subsequently isn't always to be had to be used anymore.

The required details for cost in given paragraph

Value of uncooked substances purchased

Total production value = 850000

Raw cloth used = 400000

Direct exertions and overhead = 850000-400000 = 450000

Direct exertions = 450000/3 = 150000

3) Cost of products manufactured = 75000+850000-92000 = $833000

4) Cost of products sold = 958000-135000 = 823000

In business, the value can be certainly considered one among acquisition, wherein case the quantity of cash expended to collect it's far counted as value. In this case, cash is the enter this is long past so that it will collect the thing. This acquisition value can be the sum of the value of manufacturing as incurred through the authentic producer, and in addition expenses of transaction as incurred through the acquirer over and above the rate paid to the producer. Usually, the rate additionally consists of a mark-up for income over the value of manufacturing.

More generalized within side the discipline of economics, value is a metric this is totaling up because of a manner or as a differential for the end result of a decision. Hence value is the metric used withinside the standard modeling paradigm implemented to economic processes.

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A value is the cost of cash that has been used up to provide some thing or supply a service, and subsequently isn't always to be had to be used anymore.

The required details for cost in given paragraph

Value of uncooked substances purchased

Total production value = 850000

Raw cloth used = 400000

Direct exertions and overhead = 850000-400000 = 450000

Direct exertions = 450000/3 = 150000

3) Cost of products manufactured = 75000+850000-92000 = $833000

4) Cost of products sold = 958000-135000 = 823000

In business, the value can be certainly considered one among acquisition, wherein case the quantity of cash expended to collect it's far counted as value. In this case, cash is the enter this is long past so that it will collect the thing. This acquisition value can be the sum of the value of manufacturing as incurred through the authentic producer, and in addition expenses of transaction as incurred through the acquirer over and above the rate paid to the producer. Usually, the rate additionally consists of a mark-up for income over the value of manufacturing.

More generalized within side the discipline of economics, value is a metric this is totaling up because of a manner or as a differential for the end result of a decision. Hence value is the metric used withinside the standard modeling paradigm implemented to economic processes.

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Which of the following factors are most important for determining the economic growth of a country? The level of sophistication of a country's financial markets The independence of the country's central bank The country's level of resources The country's rates of saving and investment

Answers

Answer:

c

Explanation:

im cool?

Economists assume that the typical person who starts her own business does so with the intention of the profits from her business to charity the hi number of sales in her industry ofits costs

Answers

Economists assume that the typical person who starts her own business does so with the intention of maximizing profits.

This is because the primary goal of a business is to generate profits for its owners. Business owners must make decisions that will increase their profits, such as setting prices, controlling costs, and managing their resources.

They must also be aware of the competitive environment and adjust their strategies accordingly. By maximizing profits, business owners can ensure that their businesses are successful and sustainable.

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Complete question:

economists assume that the typical person who starts her own business does so with the intention of a. donating the profits from her business to charity. b. capturing the highest number of sales in her industry. c. minimizing costs. d. maximizing profits.

Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in which three of the following cases?



Using Simplified Acquisition Procedures above or below the micro purchase threshold against Federal Supply Contract vehicles
At or below the micro purchase threshold from any vendor
At or below the micro purchase threshold against Federal supply Schedule contracts, FedMall, or other ordering systems that are authorized in component procedures
Above or below the micro purchase threshold against contract vehicles issued for the component by a contracting officer that contain a provision authorizing order and payment by the Governmentwide Commercial Purchase Card

Answers

The DoD Governmentwide Commercial Purchase Card Ordering Officers may be authorized by component processes to make purchases up to the simplified acquisition threshold.

A commercial purchasing card is what?

(1) A program that is authorized by a delegation of contracting authority and designation as a DoD contracting activity for the purpose of streamlining the purchase and payment processes for supplies and services by use of a government-issued purchase card is known as a governmentwide commercial purchase card program.

What three types of Governmentwide Commercial Purchase Cards are there?

A task or delivery order may be placed using the Governmentwide Buy Card if it is permitted by the basic contract, basic ordering agreement, or blanket purchase agreement. Payments may also be made when the contractor agrees to accept them.

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did you know? universities are in the export business universities that actively recruit foreing students

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Answer:

Universities that actively recruit foreign students and promote their programs overseas are considered to be in the export business. universities generate revenue from international students through tuition fees, which helps to fund research and other educational activities. universities also benefit from the contributions of international students to their academic and cultural environment.

Here we discuss some points for this:

Often lack a thorough understanding of the market's competitive landscape.To successfully entice students, tuition rates may need to be negotiated at a higher level of competition.Profit from the substantial revenue and profit possibilities present in international marketplaces.Lack of efficient distribution networks within their own nations.

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g the cbo assumes federal spending will federal revenues over the next six years, implying that the federal debt will continue to . b. the cbo projects that economic growth will , with federal spending growing than federal revenues over the next six years. c. if the united states experiences a productivity slowdown, federal revenues will likely be lower than projected, and expenditures will be than projected, further the burden of the federal debt.

Answers

The cbo assumes federal spending will federal revenues over the next six years, implying that the federal debt will continue to the cbo projects that economic growth will , with federal spending growing than federal revenues over the next six years.

A federal monarchy, in the strict sense, is a federation of states with a unmarried monarch as average head of the federation, but keeping one of a kind monarchs, or having a non-monarchical gadget of government, inside the numerous states joined to the federation. The time period turned into delivered into English political and historic discourse through Edward Augustus Freeman, in his records of Federal government (1863). Freeman himself idea a federal monarchy best possible inside the summary.

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for a fee or royalty payments, a licensee buys the right to use the company's manufacturing process, trademark, patent, trade secret, or other item of value. true false

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The given statement, for a fee or royalty payments, a licensee buys the right to use the company's manufacturing process, trademark, patent, trade secret, or other item of value, is true.

What does licensing for royalties mean?

A licensee pays a licensor a regular fee in return for the right to use the licensor's intellectual property, which is known as a royalty payment. This occurs when both parties join into a license agreement, which could be a more conventional intellectual property licensing agreement or be a part of a franchising arrangement.

How do you keep track of royalties?

It is noted in the ledger as a credit to accrued royalties and a negative to royalty expense (assuming the royalties are to be paid at the end of the period). An author might, for instance, be paid $1 per book for the first 10,000 copies sold and $1.50 for all additional sales.

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how quickly will money double if it is invested at an annual interest rate of 10% compounded continously

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The Rule of 72 is a simple, effective rule that is frequently used to determine how many years are needed to double an investment at a specific yearly rate of return.

As an alternative, it can figure out how many years it will take to double an investment by calculating the annual rate of compounded return.

The Rule of 72 is useful for rapid mental calculations to estimate a value, even though calculators and spreadsheet programs like Microsoft Excel include tools to precisely compute the precise time needed to double the invested money. The Rule of 72 is frequently explained to new investors as a result of how simple it is to understand and use.

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Which of the following is not a factor that affects the level of resistance to change? Multiple Choice the gender of the change agent the change agent's ability to empathize with the employee's perspective the change agent's leadership style employee cheracteristics and perceptions of change change agent-employee relationship

Answers

The gender of the change agent is not a factor that affects the level of resistance to change. Therefore, the option A holds true.

The change agent can be referred to or considered as an individual or a group that lead an undertaking of a process to bring about a change within the functions of the society.

Moreover, a change agent also has the responsibility to make accurate decisions regarding further steps, which ease up the process of bringing about the desired changes within the very existence of the society.

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what would be the result if a company were to successfully align its organizational structure with its business-level strategy?

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The result if a company were to successfully align its organizational structure with its business-level strategy  --- Performance will improve .

Business - level strategy :

Business-level strategy includes the strategic planning and execution activities undertaken to set and control the direction of individual business units. These activities typically involve achieving competitive advantage and creating customer value in the specific markets in which the business unit operates. Business-level strategies are more focused than enterprise-level strategies, but less focused than functional-level strategies.

How does organizational structure affect their success?

Success requires organization, but structure can affect your project management process. A company's organizational structure determines the level of project management, who finalizes projects, how project goals and tasks are communicated, and how project managers work with their teams.

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the current account will fall if part 2 a. the real exchange rate appreciates and disposable income goes down. b. the real exchange rate depreciates or disposable income goes down. c. the real exchange rate appreciates or disposable income goes up. d. the real exchange rate depreciates and disposable income goes up

Answers

The current account will fall if part b) the real exchange rate rises or disposable income rises.

Explanation:

The current account is concerned with the exchange of goods and services between a country's domestic market and the rest of the world. When a country imports more than it exports, its current account balance falls. It will be the case when domestic consumers have more disposable income to spend, increasing demand for both domestic and imported goods. Simultaneously, as the exchange rate rises, the value of the domestic currency rises, allowing domestic consumers to purchase more imported goods at a lower relative price.

In economics, a country's current account records the value of its exports and imports of both goods and services, as well as international capital transfers. It is one of two components of the country's balance of payments; the other is the capital account.

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buyer signed the offer. b. as soon as convenient for the REALTOR®. c. upon the buyer signing the offer. d. after the offer has been accepted by the seller. 22. The Code requires that REALTORS®' advertising clearly
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21. Under the Code, a copy of an offer to purchase must be given to the buyer:
a. promptly¸ but not later than 24 hours after the buyer signed the offer.
b. as soon as convenient for the REALTOR®.
c. upon the buyer signing the offer.
d. after the offer has been accepted by the seller.


22. The Code requires that REALTORS®' advertising clearly identify:
a. the member's professional status or status as a REALTOR®.
b. the member's license number.
c. the name of the property owner.
d. none of the above.


23. The Preamble to the Code:
a. can be the basis for disciplinary action against a REALTOR®.
b. establishes ideals which all REALTORS® should strive to meet.
c. A and B.
d. neither A nor B.


24. Articles of the Code of Ethics are broad statements of ethical principles and the Standards of Practice support, interpret and amplify the respective Articles.
a. True
b. False


25. A "general" mailing to all homes in an area:
a. is always unethical.
b. is not unethical even if the mailing reaches owners whose property is exclusively listed with other brokers.
c. is unethical if there is a "for sale" sign on the lawn.
d. is unethical if the property owner is on the "Do Not Call" registery.

Answers

After the buyer signs the offer to purchase, the licensee must provide the buyer's signed copy as soon as possible. (2) A licensee must ensure that the offer to purchase contains all of the real estate transaction's terms and conditions.

REALTORS® are required by Article 2 of the National Association's Code of Ethics to refrain from inflating, distorting, or hiding material facts pertaining to a property or a transaction. Article 13 promotes adherence to the law and shields clients and consumers from "legal advice" given by people who are not competent to do so, even when their intentions are good. Legally, there is no deadline by which sellers must reply to your offer. However, there is an unwritten industry standard that sellers and/or listing agencies should react as soon as possible, with 48 hours being the standard.

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quzet if net exports is a negative number for a particular year, then a. the value of firms' inventories declined over the course of the year. b. the value of foreign goods purchased exceeded the value of goods sold to foreigners during the year. c. consumption exceeded the sum of investment and government purchases during the year. d. the value of goods sold to foreigners exceeded the value of foreign goods purchased during the year.

Answers

[B] The value of foreign goods purchased exceeded the value of goods sold to foreigners during the year.

Why are net exports negative?

A country's trade imbalance is shown by a negative net export figure. It indicates that the country's overall imports are worth more than its whole exports. A nation with a trade imbalance invests more money than it generates in overseas markets.

When net exports are negative for a given year, this means that domestic purchases of foreign goods were greater than domestic sales of those goods to foreign buyers.

Therefore, A negative net export number indicates a country's trade imbalance.

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during the onset of the economic shutdown tied to covid-19, many economists were debating the effects the economic shutdown and subsequent policy efforts would have on future inflation. explain how each of the following events will affect the short-run phillips curve. treat each part as a unique event. a. a decline in consumer spending in expectation of a slowdown in future economic activity. there is a the short-run phillps curve. as a result, inflation , and unemployment . b. an expansionary fiscal and/or monetary policy. there is a the short-run phillps curve. as a result, inflation , and unemployment . c. a shutdown of global production has made it difficult for producers to maintain production for essential goods, causing production costs to increase. there is a the short-run phillps curve. as a result, inflation , and unemployment

Answers

Option C).  a shutdown of global production has made it difficult for producers to maintain production for essential goods, causing production costs to increase. there is a the short-run phillps curve. as a result, inflation , and unemployment.

What Exactly Is a Phillips Curve?

The Phillips curve is a hypothesis of economics that asserts a consistent, inverse connection between unemployment and inflation. It is based on William Phillips' theory that inflation, which is said to accompany economic progress and should result in more jobs and lower unemployment, will also be caused by inflation.

Due to the stagflation that occurred in the 1970s, which saw high levels of both inflation and unemployment, the basic idea of the Phillips curve has been somewhat called into question.

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Which of the following is the usual way in which companies first enter foreign markets?
A. Outsourcing
B. Exporting
C. Offshoring
D. Importing

Answers

B is the wisest decision. This sort of entry is used by the majority of organizations to begin their global expansion because exporting is frequently the simplest way to access an international market.

What do you mean specifically by both the global market?

International marketing is the practice of selling products or services to customers who are located outside of your brand's domestic market. Imagine it to be an type of global commerce. By entering foreign markets, brands can grow their customer base internationally, enhance their reputation, and, of course, increase their revenue.

What features distinguish the global market?

The creation, pricing, promotion, and dissemination of ideas, products, and services are all a part of the global "international marketing" process, which strives to advance commerce and accomplish both personal and business objectives.

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the first organizing decision that an entrepreneur must make is the ________.

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The first organizing decision that an entrepreneur must make is the form of legal ownership. Legal ownership describes a claim or title to an asset or piece of property that is enforceable and is acknowledged by the law.

The legal right of a person, family, business, or government to possess anything is referred to as ownership. The objects that are the subject of ownership might be either tangible or immaterial. Property, real estate, automobiles, books, and other tangibles are examples of material ownership. Property owned in your sole name without any other owners or a beneficiary designate is referred to as having individual ownership. Property held in your individual name after your death typically needs to go through probate to transfer it to your loved ones' names. When you are the owner of anything, it signifies that it belongs to you. The phrase can also be used to describe things other than individuals. For instance, a state corporation is owned by the government. A holding company also owns its subsidiary companies

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Which of the following activity bases would be the most appropriate for food costs of a hospital? number of nurses scheduled to work how many MRI's are taken number of patients who May in the hospital quantity of Prescriptions filled

Answers

the answer of the given question is option c which is Number of patients stay in the hospital.

The public sector in Chile uses costing techniques sparingly. To decentralize and improve the quality of healthcare services, the Ministry of Health mandates that hospitals run independently. Self-management is nearly difficult in the absence of accounting data, though. On the other hand, there haven't been many research focusing on activity-based costing (ABC) systems or nutrition department expenses. In order to monitor object costs and an organization's financial performance more precisely, ABC concentrates on the process and tracks health care operations. Hospitals are being compelled by healthcare reform and declining reimbursements to examine their spending more carefully and discover new methods to save costs. The hospital cafeteria program should be reviewed as a feasible, affordable approach. A thorough management of this procedure can lead to greater savings and improved patient satisfaction.

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Which of the following show the proper effect of a stock split and a stock dividend?
Item Stock-Split Stock Dividend
A) Total Paid In Capital Increase Increase
B) Total Retained Earnings Decrease Decrease
C) Total Par Value (common) Decrease Increase
D) Par Value Per Share Decrease No Change

Answers

There is no change in the par value per share, which reflects the impacts of stock dividends and dividends.

What exactly do you mean by stock?

A stock is a broad term that refers to the ownership diplomas of any company. A share, in contrast hand, refers to a company's stock certificate. You become a shareholder if you own a share of a specific company. Description: There are two kinds of stocks: common and preferred.

What are the two kinds of stock?

Stocks are classified into two types: common stock as well as preferred stock.

Stock in Common. Common stock is just that: common.Stock that is preferred. Preferred stock symbolizes some ownership in a business but does not usually include voting rights.Different Stock Classes

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while she can find a handbag that is just as sturdy and well-made for much cheaper, gloria chooses to purchase a designer handbag for thousands of dollars. she is engaging in:

Answers

She is engaging in: Conspicuous consumption.

What is consumption?Consumption is the activity by which an  institutional unit consumes goods or services. Consumption can be either intermediate consumption or final consumption. The use of goods and services to meet individual or collective human needs and desires. Main types include convenience, shopping, specialty and unnecessary consumer goods. Convenience: These goods are frequently consumed and readily available. Consumption can be defined in many ways, but is best described as the final purchase of goods or services by an individual. Services such as buying a new pair of shoes, buying a hamburger at a fast food restaurant, or cleaning the house  are  examples of consumption. Tuberculosis-related weight loss and  so-called "wasting" led to the general term consumption in the 19th century, as the disease was thought to consume the individual.

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patty works on a marketing team with four others. two members of the team did very little to get the campaign done on time. patty feels like the hard-working members should demand to receive proper credit, and she's considering pointing out that two members of the team did not pull their weight to her manager. which principle might patty consider in making this decision?

Answers

The principle might patty consider in making this decision is long term personal interest.

What is interest?

Interest is the sum over and above the original amount (the amount borrowed) that is paid to a lender or depositor by a borrower or deposit-taking financial institution at a set rate. It differs from any fees the borrower may be required to pay the lender or a third party. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate decided in advance, but rather on a pro-rata basis as a portion of the rewards received by risk-taking business people when revenue generated exceeds all costs.

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low levels of investment will result in group of answer choices have no impact on growth. not enough information is given to make a prediction about the impact of low investment on growth. low levels of growth. high levels of growth.

Answers

Low levels of investment will result in a group of answer choices having no impact on growth: Option low levels of growth Economic growth means an increase.

Economics takes a look at shortage and its implications for using assets, manufacturing of products and services, an increase of manufacturing and welfare over time, and an outstanding form of other complicated issues of vital problems to society.

Economics is the study of the way humans allocate scarce sources for manufacturing, distribution, and intake, both individually and collectively. the two branches of economics are microeconomics and macroeconomics. Economics makes a specialty of performance in production and change. The take a look at economics facilitates people to apprehend the arena around them. It enables human beings to apprehend human beings, organizations, markets, and governments, and consequently higher reply to the threats and possibilities that emerge whilst things change.

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which of the following is true? multiple choice question. a company cannot deduct interest paid on debt when computing taxable income. a company can deduct dividends paid to shareholders when computing taxable income. a company can deduct interest paid on debt when computing taxable income.

Answers

When calculating taxable income, a business may deduct interest payments made on debt.

How is taxable income determined?

In a nutshell, there are three steps. To determine your taxable income amount, you must first determine your filing status, then add up all of your sources of income, followed by any deductions.

What kind of income is exempt from taxes?

younger than 65. Single. don't need to file because of any unusual circumstances (like self-employment income) Earnings below $12,950 (which is the 2022 standard deduction for a single taxpayer)

Where Does Taxable Income Come From?

Any income you bring in throughout the tax year is taxable income. The most typical is pay for employees. However, there are additional income sources that are taxable.

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if the u.s. government decided to pay off the national debt by creating money, what would be the most likely effect?

Answers

If the u.s. government decided to pay off the national debt by creating money, the most likely effect would be rapid inflation.

What is meant by rapid inflation?

A common increase in the prices of goods and services in a country is rapid inflation.

What are goods and services?

A good is a corporeal item that consumers incline or own. A service is not a corporeal or physical existence but is still sought after by consumers. Usually, a service can also be executed at a distance. Together the term goods and services mention what consumers are consuming and spending money on.

If the u.s. government decided to pay off the national debt by creating money, the most likely effect would be rapid inflation.

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bill has released a new line of products for his business and is using display ads to influence customer consideration. how does display ads targeting help bill reach his marketing objective

Answers

To use display ads to influence customer consideration Display ads targeting help by allowing Bill to strategically show his message to users when they're actively browsing, researching, or comparing the types of products he sells.

A business is defined as an employer or enterprising entity engaged in business, commercial, or a expert activities. Businesses may be for-income entities or non-earnings companies.

Business plays an important position in  customer consideration. First, they devise goods and offerings to satisfy our needs and wants. They also recruit families as exertions and provide them with reimbursement, consisting of wages, salaries, and advantages. For this reason, it turns into a supply in their profits, which can be used to preserve their existence.

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quzilet erin would be willing to pay as much as $100 per week to have her house cleaned. ernesto's opportunity cost of cleaning erin's house is $70 per week. refer to scenario 8-1. assume erin is required to pay a tax of $40 when she hires someone to clean her house for a week. which of the following is correct? a. erin will continue to hire ernesto to clean her house, but her consumer surplus will decline. b. total economic welfare (consumer surplus plus producer surplus plus tax revenue) will increase. c. erin will now clean her own house. d. ernesto will continue to clean erin's house, but his producer surplus will decline.

Answers

Erin is required to pay a tax of $40 when she hires someone to clean her house for a week, so, correct is option a. Erin will continue to hire Ernesto to clean her house, but her consumer surplus will decline.

Opportunity cost is a term that refers to the worth of what you have got to grant up so as to decide on one thing else. Economists confer with the “opportunity cost” of a resource, they mean the worth of the next-highest-valued various use of that resource. If, for instance, you pay time and cash aiming to a moving-picture show, you can't pay that point reception reading a book, and you cannot pay the cash on one thing else.

Tax is a quantity of cash that you simply got to pay to the govt. in order that it will pay for public services like roads and faculties. the govt. created a replacement tax on the retail sale of sure product and services.

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Manufacturing costs can be divided into three categories direct Enter only one word per on) labor and manufacturing The materials that go into the final product are called materials. (Enter only one word per blank)

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Direct materials, direct labor, and manufacturing overhead are the three subcategories of manufacturing costs. sometimes referred to as incremental cost, this is the cost difference between two options.

labor, and overhead are the three main areas of costs in the manufacturing industry. There are no indirect costs. In other words, while the foreman's salary and supplies are included, neither the corporate accountant's salary nor those of the accountant's office are. Direct labor is seen as a variable cost since the overall cost of direct labor rises with the quantity of direct labor hours worked. Costs associated with a product that are indirect and cannot be directly linked to a single unit of production. Raw materials, labor, and other production-related expenses such as distribution charges are all considered direct costs.

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if the four largest firms in a market produce 88 percent of total industry output, the market is

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If the 4 biggest companies in the market produced 88% of the complete industry output, the market is a show up monopoly. Be an oligopoly, see a natural monopoly, or D perfectly competitive, or e a mon a mon capacity. The right reply is a a pure monopoly.

Which scenario may want to be the fantastic instance of an oligopoly?

The nice illustration of an oligopoly is the automobile industry. An oligopoly is a market with imperfect competition in which a few predominant companies dominate the industry as the motors industry dominates severa others by providing identical goods and services.

Which of the following is located solely in oligopoly?

interdependence of firms. Oligopoly refers to the M (or, Market ) shape in which there are few sellers or producers in the M promoting the product and extreme competition prevails in the M. The most awesome characteristic of an oligopoly M is that there is an interdependence of firms.

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suppose the yield curve is flat at 10%. a) what is the price of bond 1 that pays $2000 in year 1, $100 in year 2, and $100 in year 3?

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The price of bond 1 that pays $2000 in year 1, $100 in year 2, and $100 in year 3 is $1975.96.

The price of Bond 1 can be calculated by discounting the present value of all the cash flows to the present value. The present value of a cash flow is the amount of money that needs to be invested today in order to generate that cash flow in the future. The present value of a cash flow is calculated using the formula PV = CF/(1+r)^n, where CF is the cash flow, r is the interest rate, and n is the number of periods.

Bond price = Cashflow 1 / (1 + yield)1 + Cashflow 2 / (1 + yield)2 + Cashflow 3 / (1 + yield)3

Bond price = $2000 / (1 + 10%)1 + $100 / (1 + 10%)2 + $100 / (1 + 10%)3

Bond price = $1975.9579 or $1975.96

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