What is one of the basic principles of economics?

A.) Society's resources are unlimited.
B.) People never put their own interests as their first priority.
C.) If people demand a product, then businesses are required to supply it.
D.) Society and its individuals have unlimited wants.

Answers

Answer 1
I think it’s Option D

Society and it’s individuals have unlimited wants

Related Questions

Ayayai Company started the year with $56400 in its Common Stock account and a balance in Retained Earnings of $41400. During the year, the company earned net income of $45100 and declared and paid $18800 of dividends. In addition, the company sold additional common stock amounting to $26300. As a result, the amount of its retained earnings at the end of the year would be

Answers

Answer: See Explanation

Explanation:

Based on the information that is given in the question, the amount of the company's retained earnings at the end of the year would be:

Ending retained earnings is calculated as:

= Beginning retained earnings + the net income - dividends

= $41400 + $45100 - $18800

= $67700

Assuming the opening retained earnings was debit, this would be:

= -$41400 + $45100 - $18800

= -$15100

Mark is a wealthy private financier who funds projects without utilizing a venture capital limited partnership structure. He typically provides funds for start-up projects that are $1 million or less. There have been instances in the past where Mark lost a huge share of money in some projects, but he also received high returns on some other projects. He is aware of the risks, but that does not stop him from funding start-ups. Which of the following would best describe Mark?

a. He is a broker.
b. He is a laggard.
c. He is an angel investor.
d. He is a market leader

Answers

Answer:

c. He is an angel investor.

Explanation:

Angle investors would represent the financing companies that are big and they are working for operating the base market in which the investor would be aware of what to be invested at the home markets. The tyoe of investment that discussed on the given situation represent the angle investing

Therefore the option c. is correct

Which of the following is NOT true of the African Continental Free Trade Area (AfCFTA)?

The oldest trade agreement still in use today

Combined GDP $3.4 trillion

The Largest free trade agreement per number of member countries

1.3 billion people across 55 countries

Answers

Answer:

no te entiendo porque estas hablando en ingles y yoben español jajajaja ok te lo suplico ok

Compute the future value of $1,900 continuously compounded for: a. 7 years at an annual percentage rate of 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. 5 years at an annual percentage rate of 11 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. 8 years at an annual percentage rate of 5 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. 5 years at an annual percentage rate of 7 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

$14,407.72

$10,604.64

$15,979.32

Explanation:

The formula to be used is :

FV = PV x е^r x N

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

$1,900 x e^0.08 x 7 = $14,407.72

$1,900 x e^0.11 x 5 = $10,604.64

$1,900 x e^0.05 x 8 = $15,979.32

What factors account for a fall in the long-run cost curve?

Answers

Economies of Scale and Long Run Average Cost (LRAC)

In the long run all costs are variable and the scale of production can change (i.e. no fixed inputs)
Economies of scale are the cost advantages from expanding the scale of production in the long run. The effect is to reduce average costs over a range of output
These lower costs represent an improvement in productive efficiency and can give a business a competitive advantage in a market. They lead to lower prices and higher profits – this is called a positive sum game for producers and consumers (i.e. the welfare of both will improve)
We make no distinction between fixed and variable costs in the long run
As long as the long run average total cost curve (LRAC) is declining, then internal economies of scale are being exploited.
The table below shows a numerical example of falling LRAC

Long Run Output (Units) Total Costs (£s) Long Run Average Cost (£ per unit)
1000 12000 12
2000 20000 10
5000 45000 9
10000 80000 8
20000 144000 7.2
50000 330000 6.6
100000 640000 6.4
500000 3000000 6
Returns to Scale and Costs in the Long Run

The table below shows how changes in the scale of production can, if increasing returns to scale are exploited, lead to lower average costs.

Factor Inputs Production Costs
(K) (La) (L) (Q) (TC) (TC/Q)
Capital Land Labour Output Total Cost Average Cost
Scale A 5 3 4 100 3256 32.6
Scale B 10 6 8 300 6512 21.7
Scale C 15 9 12 500 9768 19.5
Costs: Assume the cost of each unit of capital = £600, Land = £80 and Labour = £200
Because the % change in output exceeds the % change in factor inputs used, then, although total costs rise, the average cost per unit falls as the business expands from scale A to B to C

Examples of Increasing Returns to Scale

Much of the new thinking in economics focuses on the increasing returns available to growing businesses:

An example of this is the software and computer gaming industry.

The overhead costs of developing new software programs or computer games are huge - often running into hundreds of millions of dollars
The marginal cost of one extra copy for sale is close to zero, perhaps just a few cents or pennies
If a company can establish itself in the market, positive feedback from consumers will expand the installed customer base, raise demand and encourage the firm to increase production
Because marginal cost is low, the extra output reduces average costs creating economies of scale

You are considering buying stock A. If the economy grows rapidly, you may earn 40 percent on the investment, while a declining economy could result in a 15 percent loss. Slow economic growth may generate a return of 3 percent. If the probability is 19 percent for rapid growth, 39 percent for a declining economy, and 42 percent for slow growth, what is the expected return on this investment

Answers

Answer:

3.01%

Explanation:

Calculation for what is the expected return on this investment

Expected return =(0.19)(0.40) + (0.42)(0.03) + (0.39)(-0.15)

Expected return=0.076+0.0126+-0.0585

Expected return=0.0301*100

Expected return=3.01%

Therefore the expected return on this investment will be 3.01%

Bassett Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:

Machining Customizing
Machine-hours 17,000 15,000
Direct labor-hours 3,000 6,000
Total fixed manufacturing overhead cost $102,000 $61,200
Variable manufacturing overhead per machine-hour $1.70
Variable manufacturing overhead per direct labor-hour $4.10

During the current month the company started and finished Job T268. The following data were recorded for this job:

Job T268: Machining Customizing
Machine-hours 80 30
Direct labor-hours 30 50
Direct materials $720 $380
Direct labor cost $900 $1,500
If the company marks up its manufacturing costs by 40% then the selling price for Job T268 would be closest to: (Round your intermediate calculations to 2 decimal places.)

a. $6,763.40
b. $7,440.00
c. $4,831.00
d. $1,932.40

Answers

Answer:

a. $6,763.40

Explanation:

The computation of the selling price is shown below:

But before that the predetermined overhead rate is

For machining

= ($102000 ÷ 17,000) + $1.70

= $7.7 per machine hour

For fabrication

= ($61200 ÷ 6000) + $4.10

= $14.30 per labour hour

Now the selling price is

Direct material ($720 + $380) $1,100

Direct labor ($900 + $1,500) $2,400

Machining department overhead (7.7 × 80) $616

Fabrication department overhead (50 × 14.3) $715

Total manufacturing cost $4,831

Markup 40% $1,932.40

Selling price $6,763.40

Manufacturers of large equipment such as aircraft and ships and companies involved in road construction have jobs that may require two or more years for completion. For example, Boeing Corporation might have an order for 50 aircraft for a particular airline, and the order will extend over a three- to five-year period. Aircraft are delivered as completed, but not in a batch of 50 at one time. In the typical fashion, the overhead application rate must be calculated and applied in such a way that each aircraft that is delivered has the proper amount of overhead for that aircraft. Required: What unique difficulties do you see in the calculation and application of overhead in industries such as aircraft manufacturing or shipbuilding

Answers

Answer and Explanation:

The unique difficulty that faced by industries in terms of aircraft manufacturing or ship building that includes the measurement of the capciaty cost that would be distributed each year with respect to the job. The overhead would be distributed to the capacity spent. Also the company find to be difficult for tracking the actual capacity i.e. used in the production of a single aircraft or ship. In this case, the predetermined overhead rate would not be worked.

why is it important to have a good besiness background? ​

Answers

So people would be interested in your business and want to work or buy from you! :)

1. What information is provided by the budget? Specifically, what questions can the bank manager ask of the Operations Department
manager?
2. What information does the static budget fail to provide? Specifically, could the budget information be presented differently to
provide even more insight for the bank manager?

Answers

Answer:

Some of the information provided by the budget is...

fixed costs - items such as rent, salaries and financing costs

variable costs - including raw materials and overtime

one-off capital costs - purchases of computer equipment or premises, for example

Some interview questions include:

What would you say is your leadership style?

You have an underperforming team member–how do you handle that?

Your team's morale has been low–how would you go about fixing that?

Tell me about a past project that did not go as planned.

2. One key disadvantage of a static budget is that it is not flexible and so it cannot be changed to take advantage of changes in revenue or expenses as the year proceeds. With a static budget, companies cannot manage the impact of changes, for example, by decreasing a portion of the budget in response to slow sales.

Explanation:

Hopefully this helps!

Journalize the following transactions for Cullumber Company.

Sept. 1 Purchased supplies for $1,020 cash. 5 Paid $410 cash dividend to stockholders.
7 Received $5,500 down payment from customer for services to be provided in the future.
16 Received $770 cash from a previously billed customer for payment of services provided in the prior month.
22 Purchased equipment for $3,000 by paying $1,100 cash and issued a note payable for the balance.

Answers

Answer and Explanation:

The journal entries are shown below

On Sept 1

Supplies Dr $1,020

    To Cash $1,020

(being supplies purchased in cash)

On Sept 5

Dividend Dr $410

   To cash $410

(being cash dividend is paid)

On Sept 7

cash Dr 5,500

   To Unearned service revenue  $5,500

(being cash collection is recorded)

On Sept 16

Cash Dr $770

  To Account receivable $770

(being cash collection is recorded)

On Sept 22

Equipment Dr $3,000

         To cash $1,100

         To Note payable $1,900

(being equipment purchased is recorded)

Presented below is information related to Metlock Corp. for the year 2020.
Net sales $1,274,000 Write-off of inventory due to obsolescence $78,400
Cost of goods sold 764,400 Depreciation expense omitted by accident in 2019 53,900
Selling expenses 63,700 Casualty loss 49,000
Administrative expenses 47,040 Cash dividends declared 44,100
Dividend revenue 19,600 Retained earnings at December 31, 2019 960,400
Interest revenue 6,860 Effective tax rate of 20% on all items
Prepare a multiple-step income statement for 2017. Assume that 62,370 shares of common stock are outstanding. (Round earnings per share to 2 decimal places, e.g. 1.49.)

Answers

Answer:

Net Income $238,336

Earnings per share 3.82

Explanation:

Preparation of a multiple-step income statement for 2017.

Multiple-step income statement for 2017

Sales Revenue:

Net sales 1,274,000

Less: cost of goods sold (764,400 )

Gross profit sales[A] 509,600

Operating Expenses:

Selling Expenses 63,700

Admin Expenses 47,040

Total Operating Expenses (b) 110,740

Income from Operations (a - c]=c 398,860

Other Revenue and Gains

Dividend Revenue 19,600

Interest Revenue 6,860

Total other revenues and gains(d) 26,460

Other Expenses and Losses :

Write-off of Inventory Due to Obsolescence 78,400

Casualty loss 49,000

Total Other Expenses and Losses(e) 127,400

Income before income tax(c + d -e]=f 297,920

Less: Income tax 20%(g) 59,584

Net Income(f - g) 238,336

(297,920-59,584)

Number of shares outstanding 62,370

Earnings per share 3.82

Therefore the multiple-step income statement for 2017 will be $238,336

Before work can begin on the project, the customer must Group of answer choices sign a contract with the contractor that includes the project start date and payment plan. assess the risks for completing the project on time and reduce the award amount if there is any risk. announce who won the bid for the project so the work can start immediately. contact the contractor and say the project is the winner so the work can start immediately.

Answers

Answer:

sign a contract with the contractor that includes the project start date and payment plan.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, before work can begin on the project, the customer must sign a contract with the contractor that includes the project start date and payment plan.

Changes in population can:_________.
a. cause the price of a good or service to decrease in an area but cannot cause the price to increase.
b. shift the demand curve of a good or service in an area.
c. cause the price of a good or service to increase in an area but cannot cause the price to decrease.
d. alter the supply of a good or service in an area.
e. shift the supply curve of a good or service in an area.

Answers

Answer:

I'm thinking it is C. and D (if multiple choice)

Answer:

The Answer is C

Explanation:

It wouldn't go down if more people will be able to buy the good

Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume that the arrival of jobs at the company's office can be described by a Poisson probability distribution with an arrival rate of five jobs per 8-hour day. The time required to complete the jobs follows a normal probability distribution, with a mean time of 1.3 hours and a standard deviation of 1 hour. Answer the following questions, assuming that Gubser uses one welder to complete all jobs:
What is the mean arrival rate in jobs per hour? Round your answer to four decimal places.
jobs per hour _________
What is the mean service rate in jobs per hour? Round your answer to four decimal places.
jobs per hour _________
What is the average number of jobs waiting for service? Round your answer to three decimal places.
__________
What is the average time a job waits before the welder can begin working on it? Round your answer to one decimal place.
_________ hours
What is the average number of hours between when a job is received and when it is completed? Round your answer to one decimal place.
_________ hours
What percentage of the time is Gubser's welder busy? Round your answer to the nearest whole number.
_________ % of the time the welder is busy.

Answers

Answer:

a) Mean arrival rate in jobs per hour = 0.6250

b) Mean service rate in jobs per hour = 0.7692

c) The average number of jobs waiting for service = 2.802

d) Average time a job waits before the welder can begin working on it = 4.5 hours

e) Average number of hours between when a job is received and when it is completed = 5.8 hours

f) Percentage of the time is Gubser's welder busy = 81%

Explanation:

As given,

Number of jobs = 5

Rate = 8 hour per day

Average hours = 1.3

Standard deviation - 1 hour

a)

Mean arrival = [tex]\frac{No. of jobs}{rate}[/tex]

                    = [tex]\frac{5}{8}[/tex] = 0.6250 per hour

⇒Mean arrival rate in jobs per hour = 0.6250

b)

Mean service rate = [tex]\frac{hour}{average hour}[/tex]

                              = [tex]\frac{1}{1.3}[/tex] = 0.7692 per hour

⇒Mean service rate in jobs per hour = 0.7692

c)

Average number of job waiting for service = [tex]\frac{(0.6250)^{2} (1)^{2} + \frac{0.6250}{0.7692} }{2 ( 1 - \frac{0.6250}{0.7692} )}[/tex]

                                                                       = [tex]\frac{1.05}{0.375}[/tex] = 2.802

⇒The average number of jobs waiting for service = 2.802

d)

Average time a job waits before the welder can begin working on it = [tex]\frac{2.802}{0.6250}[/tex]

                                                                                                                  = 4.5 hr

⇒Average time a job waits before the welder can begin working on it = 4.5 hours

e)

Average number of hours between when a job is received and when it is completed = 4.5 + [tex]\frac{1}{0.7692}[/tex]

                 = 4.5 + 1.3

                 = 5.8 hours

⇒Average number of hours between when a job is received and when it is completed = 5.8 hours

f)

Percentage of the time is Gubser's welder busy = [tex]\frac{0.6250}{0.7692}[/tex] ×100%

                                                                                = 0.8125×100%

                                                                                = 81.25% ≈ 81%

⇒Percentage of the time is Gubser's welder busy = 81%

Diaz Manufacturing had current assets worth $2,812,422 and long-term assets worth $300,600 in 2014. In 2013, current assets were $650,208 and long-term assets were $400,600. The firm had accounts payable of $196,522 , accruals of $259,054 , notes payable of $292,361 , and long-term debt of $405,830 in 2014. Calculate the net working capital for Diaz Manufacturing in 2014.

Answers

I have no idea I’m sorry can you explain

Jill Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.88. Stock Investment Beta A $50,000 0.50 B $50,000 0.80 C $50,000 1.00 D $50,000 1.20 Total $200,000 If Jill replaces Stock A with another stock, E, which has a beta of 1.45, what will the portfolio's new beta be

Answers

Answer:

1.11

Explanation:

Calculation for what will the portfolio's new beta be

First step is to Calculate the weight of each investment

Stock E $ 50,000 / $ 2,00,000

Stock E= 0.25

Stock B $ 50,000 / $ 2,00,000

Stock B= 0.25

Stock C $ 50,000 / $ 2,00,000

Stock C = 0.25

Stock D $ 50,000 / $ 2,00,000

Stock D = 0.25

Now let calculate the portfolio new beta

Weight Beta

Stock E 0.25* 1.45 = 0.36

Stock B 0.25 * 0.80 = 0.20

Stock C 0.25* 1.00 = 0.25

Stock D 0.25 * 1.20 = 0.30

Total 1.11

(0.36+0.20+0.25+0.30)

Therefore portfolio's new beta will be 1.11

Freedom Company had 450,000 shares of common stock issued as of December 31, 2020. 350,000 had been issued and outstanding as of January 1, 2020 and 100,000 of which were issued on September 1, 2020. Net income for the year ended December 31, 2020, was $1,160,000. What should be Freedom Company's 2020 earnings per common share, rounded to the nearest penny

Answers

Answer:

$3.03

Explanation:

Calculation for What should be Freedom Company's 2020 earnings per common share,

Earnings per common share =$1,160,000/ [$350,000 + ($100,000 × 4/12 )]

Earnings per common share=$1,160,000/($350,000+$33,333)

Earnings per common share=$1,160,000/$383,333

Earnings per common share= $3.03

Therefore What should be Freedom Company's 2020 earnings per common share is $3.03

"On January 1, 2019, the general ledger of Global Corporation included supplies of $1,000. During 2019, supplies purchased amounted to $5,000. A physical count of inventory on hand at December 31, 2019 determined that the amount of supplies on hand was $1,200. How much is the supplies expense for year 2019?"

Answers

Answer:

yes on 2020

Explanation:

aph development continues with an expression of the rationale or the explanation that the writer gives for how the reader should interpret the inform

On 2020 Aph development continues with an expression of the rationale or the explanation that the writer gives for how the reader should interpret the inform.

What is development?

A subfield of economics called "development economics" is concerned with enhancing the fiscal, economic, and social situations in underdeveloped nations.

With an emphasis on enhancing conditions in the world's poorest nations, development economics takes into account elements including health, education, working conditions, local and international policy, and market conditions.

The area also looks at macroeconomic and microeconomic aspects of developing economies' structures, as well as domestic and global economic growth.

Because every country has a unique set of cultural, social, and economic institutions, the application of development economics is intricate and varied.

Mercantilism, nationalism, the linear stages of growth model, and structural-change theory are four popular theories of development economics.

Determining whether rapid population increase aids or hinders development, changing the way economies are structured, and the importance of education and healthcare are some components of development economics.

Learn more about development, here

https://brainly.com/question/28011228

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Babe Ruth was a famous baseball player in the 1920s. He made a salary of $80,000 in 1930, which was considered outrageous because it was more than President Hoover made ("I had a better year than he did" was Ruth's supposed response). Nowadays, baseball players make much more than $80,000; the average major league salary in 2017 is $4.47 million per year, and the highest salary is $33 million for Clayton Kershaw. Some of the difference in salaries between Babe Ruth and today's players is due to inflation, and some of it is due to the fact that major league players make more in real terms today, because the market for baseball has grown over times and because players have gotten a higher share of the baseball pie over time because they have a powerful union How much of the difference is due to inflation? What is Babe Ruth's 1930 salary in today's dollars? You can use the same "index method" formula that we used to convert nominal GDP to real GDP in class. There are various websites that show the Consumer Price Index for various years.

Answers

Answer:

In real dollars, Babe Ruth's salary = $80,000 / 0.0645 (CPI 1930) = $1,240,000

Since Babe Ruth was the highest paid baseball player back then, if we compare his updated salary to Kershaw's salary, it represents only = $1,240,000 / $33,000,000 = 3.76%.

That means that most of the players' salary raise was due to other factors, not just inflation.

Solivan Corp. incurred the following costs during the current year:

Construction of preproduction prototypes $180,000
Testing in search of process alternatives 110,000
Design of tools, jigs, molds, and dies involving new technology 115,000
Engineering follow-through in an early phase of commercial production 80,000
Seasonal or other periodic changes to existing products 105,000

In its income statement, Solivan should report research and development expense of:________

a. $295,000
b. $370,000
c. $405,000
d. $375,000

Answers

Answer:

c. $405,000

Explanation:

Calculation of R$D Expenses to be report in Income statement

Construction of pre-production prototypes    $180,000

Testing in search of process alternatives       $110,000

Design of tools, jigs, molds, and dies              $115,000

involving new technology

Total R&D Expenses                                         $405,000

Note: Engineering follow-through in an early phase of commercial production & Seasonal or other periodic changes to existing products  are excluded from calculation of Research and Development Expenses.

Business Question! Just the first problem please, thank you

Answers

Answer:

34 coupons. $33.75

Explanation:

The coupons are the interest payments the bond makes.

1. The bond has a term of 17 years and coupons are to be paid semi-annually.

This means that for every year, 2 coupon payments will be made.

In 17 years therefore:

= 17 * 2

= 34 coupons

2. The interest on this bond is 6.75% in a year. The coupon is however, semi-annual. Payment per coupon will therefore be half of the yearly rate:

= 6.75% * 1,000 * 1/2

= $33.75

Answer:

Huh? hshjssjsjsjshshshsjsjs

Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 20192018 Sales$3,220.0$2,800.0 Operating costs excluding depreciation and amortization2,576.02,380.0 EBITDA$644.0$420.0 Depreciation and amortization90.078.0 Earnings before interest and taxes (EBIT)$554.0$342.0 Interest70.861.6 Earnings before taxes (EBT)$483.2$280.4 Taxes (25%)193.3112.2 Net income$289.9$168.2 Common dividends$260.9$134.6 Powell Panther Corporation: Balance Sheets as of December 31 (Millions of Dollars) 20192018 Assets Cash and equivalents$36.0$31.0 Accounts receivable370.0308.0 Inventories678.0616.0 Total current assets$1,084.0$955.0 Net plant and equipment902.0784.0 Total assets$1,986.0$1,739.0 Liabilities and Equity Accounts payable$315.0$252.0 Accruals269.0224.0 Notes payable64.456.0 Total current liabilities$648.4$532.0 Long-term bonds644.0560.0 Total liabilities$1,292.4$1,092.0 Common stock614.2596.6 Retained earnings79.450.4 Common equity$693.6$647.0 Total liabilities and equity$1,986.0$1,739.0 Write out your answers completely. For example, 25 million should be entered as 25,000,000. Round your answers to the nearest dollar, if necessary. Negative values, if any, should be indicated by a minus sign. What was net operating working capital for 2018 and 2019

Answers

Answer:

Calculation of net operating working capital

Particulars                                2018                2019

Current asset A                   $955 million     $1,084 million

Current liability B                $532.0 million  $648.4 million

Net working capital A-B   $423 million    $435.6 million

Colin presents his findings in class. His topic -- stories addressing effects of white flour on a person's health – features scientific terminology and descriptions of complex bodily functions. Colin was unsure of the best way to present this information, but Ms. Anderson helped him decide on some useful tools. Colin breaks down the material with analogies, definitions, and visual aids. He can tell his classmates are following along, as they nod in agreement during these points of his presentation
Match the description of public speaking with the type of supporting material it features.
Analogy
А. The owner of a local coffee shop hangs up a map showing the countries the shop purchases its coffee from
Definition
B. A professor asks his students to read the poem as if they are reading poetry for the very first time.
C. A politician reminds his audience that he won 67% of the vote in the last election
Visual Demonstration
D. A film director describes the differences between documentary and fictional films to accoun of

Answers

Answer:

Analogy is defined as a comparison between two things with an aim of clarification and explanation

- (D) A firm director describes the differences between documentary and fictional films to a group of people.

Definition means of a text, word,action or concept.

- (B) A professor asks his students to read the poem as if they are reading poetry for the very first time.

Visual Demonstration is an illustrative matter, for example a model, film or a slide designed to supplement spoken or written information in order to be understood easily.

- (A) The owner of a local coffee shop hangs up a map showing the countries the shop purchases it's coffee from.

How can we avoid water pollution​

Answers

We can avoid water pollution by keeping our water clean and trashless.

Answer:

Pick up litter and throw it away in a garbage can.Blow or sweep fertilizer back onto the grass if it gets onto paved areas. ...Mulch or compost grass or yard waste. ...Wash your car or outdoor equipment where it can flow to a gravel or grassed area instead of a street.Don't pour your motor oil down the storm drain.

hope it helps you

please mark me as brainlist

Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:

Materials Labor Overhead
Work in process, May 1 $22,300 $35,694 $173,247
Cost added during May $135,305 $23,796 $115,498
Equivalent units of production 1,900 1,800 1,700

Required:
a. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)
b. Compute the total cost per equivalent whole unit.

Answers

Answer:

                                                               Materials     Labor        Overhead

Work in process, May 1                         $22,300    $35,694     $173,247

Cost added during May                        $135,305   $23,796     $115,498

Total                                                       $157,605   $59,490    $288,745

a. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)

Materials cost per EUP = $157,605 / 1,900 = $82.95

Labor cost per EUP = $59,490 / 1,800 = $33.05

Overhead cost per EUP = $288,745 / 1,700 = $169.85

b. Compute the total cost per equivalent whole unit.

total cost per EUP = $82.95 + $33.05 + $169.85 = $285.85

Bedrock Company reported a December 31 ending inventory balance of $414,500. The following additional information is also available: The ending inventory balance of $414,500 included $72,500 of consigned inventory for which Bedrock was the consignor. The ending inventory balance of $414,500 included $23,000 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year. Based on this information, the correct balance for ending inventory on December 31 is:

Answers

Answer:

$391,500

Explanation:

Calculation for what the correct balance for ending inventory on December 31 is:

Using this formula

Ending inventory on December 31=Ending inventory balance-Office supplies

Let plug in the formula

Ending inventory on December 31=$414,500-$23,000

Ending inventory on December 31=$391,500

Therefore the correct balance for ending inventory on December 31 is:$391,500

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is _____and ________Thus, the visual appearance would be classified as a public good. Suppose the college administrators estimate that the beautification initiative will cost $1,540. To decide whether the initiative should be undertaken,
administrators conduct a survey of the college's 380 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $14.

The benefit of the beautification initiative, as suggested by the survey, is $ ________.Because the estimated benefit is________ than the cost, the college administrators _________ undertake the beautification initiative.
The calculation of the benefit of the beautification initiative relied on the ability of the administrators to capture the true willingness to pay of each student accurately.

Which of the following scenarios would cause the survey used by the college administrators to yield misleading data on willingness to pay?
a. Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.
b. Students believe they will eventually be charged their willingness to pay.

Answers

Answer:

non-rival

non-excludable

$5320

greater

should

b

Explanation:

A public good is a good that is non rivalled and non excludable in consumption. An example is road networks.

If the beautification project is carried out, a student cannot be excluded from benefitting from the project. The benefit a student derives from the project isn't affected by the benefit other students derive from it

Benefit of the project = number of students x willingness to pay

$14 x 380 = $5320

Because the benefit is greater than the cost of the project, the project should be undertaken

Willingness to pay is the highest amount a consumer is willing to pay for a product

Willingness to pay might be misstated if students think they would be charged their willingness to pay. They would understate their willingness to pay.

If the supply of a good increased, what would be the effect on the equilibrium price and quantity?

Answers

Answer:

An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.

If supply increases while all other factors remain constant, the equilibrium price will fall. The quantity demanded will rise. A decrease in supply raises the equilibrium price while decreasing the quantity demanded.

What is supply?

Supply is a fundamental economic concept that describes the total amount of a specific good or service that consumers have access to.

If displayed on a graph, supply can refer to the amount available at a specific price or the amount available across a range of prices. Changes in the supply curve shift the equilibrium price and quantity. If supply grows, equilibrium price falls and quantity grows.

Therefore, an increase in the supply will cause a reduction in equilibrium price and an increase in the quantity of a good.

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Tomkat Corp. has only a single asset. This asset generates operating cash flow of $300,000 per year, in perpetuity. Tomkat also has a single liability, which is a perpetual bond (the maturity date is infinitely far in the future) that has a face value of $1 million and that pays coupon interest at a rate of 6% once per year. The appropriate discount rate for the asset is 10%, while that for the bond is 5% per year.

Required:
What is the value of Tomkat’s equity?

Answers

Answer:

$1,800,000

Explanation:

Value of Tomcat's Asset = $300000 / 0.1

Value of Tomcat's Asset = $3,000,000

Interest amount = $1,000,000 * 6%

Interest amount = $60000

Value of Liability (bond) = $60000/0.05

Value of Liability (bond) = $1,200,000  

Value of Tomcat's equity = $3000000 - $1200000

Value of Tomcat's equity = $1,800,000

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