Answer:
It will fall under Consumption if it is a commodity or non-capital good purchased.
It will fall under Investment if it is a capital good that was sold or purchased.
It will fall under Government Spending if the Government bought or paid for it.
It will fall under Net Exports if it involves the purchase of goods from another country or the sale of goods to another country.
You buy a new Toshiba computer - CONSUMPTION AND NET EXPORTS.
Toshiba is a Japanese Company.
Ford manufactures a Focus and sells it to Avis, the car rental company. INVESTMENT.
It becomes a capital good to Avis.
Dell sells a desktop computer from its inventory to the Johnson family . - CONSUMPTION and INVESTMENT.
The Desktop is considered a capital good as it can be an investment by the family to produce goods or services.
Aunt Jane buys a new house from a local builder. INVESTMENT
Housing is a capital good.
The federal government sends your grandmother a Social Security check. - TRANSFER PAYMENT which means it is not to be included in GDP.
Texas hires public middle school teachers . - GOVERNMENT SPENDING.
Texas will be spending to pay teacher's salaries.
You pay a domestic plumber for fixing a leak in your bathroom. - CONSUMPTION.
Uncle Paul pays a domestic contractor for renovating his home - CONSUMPTION.
This is housing but it involves buying goods to change the appearance of the house not buying the house itself.
Rajiv has a liability on his car. How is this BEST demonstrated?
You Answered
He has insurance in case of an accident.
He owns his car with no debts.
Correct Answer
He owes $15,000 on his car.
He is trying to sell his car.
CORRECT ANSWER: he owest $15,000 on his car.
Rajiv's liability on his car is best demonstrated by stating that he owes $15,000 on his car and that he is trying to sell it to pay off his debt.
When we talk about liabilities, we are referring to the amount of money that a person owes to another person or an institution. In the case of Rajiv, the fact that he has a liability on his car means that he owes money to someone or an institution for his car. In this context, it is best demonstrated by stating that Rajiv owes $15,000 on his car. This means that he has taken a loan from someone or an institution to purchase the car and he is yet to pay back the amount he borrowed. Another indication that Rajiv has a liability on his car is the fact that he is trying to sell it.
Selling the car would allow Rajiv to raise the money he needs to pay back his loan and become debt-free. This means that the sale of the car would go towards paying off the liability he owes on his car. While having insurance in case of an accident is a wise decision for any car owner, it does not necessarily demonstrate that Rajiv has a liability on his car. Insurance is a safety net that protects a car owner in case of an accident or damage to the car. However, it does not necessarily indicate that the car owner has a liability on their car.
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What's the present value of $1,375 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?
Answer:
$1,019.39
Explanation:
Just checked the answer and it was correct.
Once you have explained how Emma is currently applying the five Ps to the products R&CC sells, identify at least one new way that each of the five Ps could be improved. When making your recommendations, be as specific as possible so that she can execute some of your ideas immediately.
The five Ps of marketing and potential applications Products should meet criteria, prices should be reasonable, staff should be informed, and promotional strategies should successfully communicate
The five Ps of marketing are described in detail, along with potential applications. Emma needs to make sure that the products from R&CC meet the criteria for Pricing should be comparable with those made available by rival merchants while still allowing for a profit margin. Along with making sure that their products are available to customers and that they have a promotional strategy that effectively communicates, Emma needs to make sure that R&CC's staff is knowledgeable, friendly, and offers good customer service.
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Information you might study in a particular class is called (blank)
an elective
a club
curriculum
an internship
Answer:
curriculum is the correct answer right no
Answer:
Information you might study in a particular class is called curriculum
Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of Goods Sold $ 71,000
Work-in-Process Inventory, Beginning 12,900
Work-in-Process Inventory, Ending 10,200
Selling and Administrative Expense 18,000
Finished Goods Inventory, Ending 18,300
Finished Goods Inventory, Beginning ?
Direct Materials Used ?
Factory Overhead Applied 13,200
Operating Income 14,660
Direct Materials Inventory, Beginning 11,540
Direct Materials Inventory, Ending 6,420
Cost of Goods Manufactured 65,640
Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The Chief Financial Officer of Conrad, Incorporated has asked you to recalculate the following accounts and to report to him by the end of the day.
What is the amount of direct materials used?
The amount of direct materials used by Conrad, Incorporated is $29,940.
Calculating the cost of production:The cost of goods manufactured is given as the beginning WIP plus direct labor, materials, and overhead costs, less ending WIP.
When the cost of goods manufactured is given, it is possible to compute any missing entry (e.g. the cost of direct materials) from the above equation.
Data and Calculaitons:Work-in-Process Inventory, Beginning 12,900
Factory Overhead Applied 13,200
Direct labor = $19,800 ($13,200 x 1.5)
Work-in-Process Inventory, Ending 10,200
Computation of the Direct Materials Costs:Debit Credit
Work-in-Process Inventory, Beginning $12,900
Factory Overhead Applied 13,200
Direct labor 19,800
Direct materials 29,940
Cost of Goods Manufactured $65,640
Work-in-Process Inventory, Ending 10,200
Totals $75,840 $75,840
Thus, the amount of direct materials used by Conrad, Incorporated is $29,940.
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A partner had the following items reported on a partnership Schedule K-1: Ordinary income $27,000 Interest income 4,500 Dividend income 2,000 Guaranteed payment 15,000 Section 179 expense 16,000 The partner's self-employment income for the year is: ________.
a. $26,000.
b. $32,500.
c. $48,500.
d. $64,500.
Answer:
right answer is option no b
Explanation:
₹32,500
In 2019, Alliant Corporation acquired Centerpoint Inc. for $422 million, of which $62 million was allocated to goodwill. At the end of 2021, management has provided the following information for a required goodwill impairment test: Fair value of Centerpoint Inc. $ 330 million Book value of Centerpoint’s net assets (excluding goodwill) 298 million Book value of Centerpoint’s net assets (including goodwill) 360 million Required: 1. Determine the amount of the impairment loss. (Negative amount should be indicated by a minus sign. Enter your answer in millions (i.e., 10,000,000 should be entered as 10)). 2. Determine the amount of the impairment loss assuming that the fair value of Centerpoint is $392 million. (Enter your answer in millions (i.e., 10,000,000 should be entered as 10)).
1 Impairment Loss ... million
2 Impairment Loss ... million
the answer of the first point is Impairment loss = $ 32 Million and the for the second point is no Impairment loss.
When an asset's book value exceeds its recoverable value, an impairment cost must be recorded as an expense. Asset impairment refers to a decline in an asset's quality, strength, or value. Long-lived assets like buildings, land, machinery, and equipment are considered fixed assets, also referred to as PPE (Property, Plant & Equipment). These assets are more prone to face impairment, which can be brought on by a variety of circumstances. The International Accounting Standards Board (IASB) first addressed asset impairment in IAS 16, which went into effect in 1983. IAS 36 took its position as of July 1999.
The Financial Accounting Standards Board (FASB) introduced the idea in United States GAAP in 1995 with the publication of SFAS 121.
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can be described as over-and-above the normal and expected services, applications or solutions that might be associated with a product.
The term "augmented product" refers to something that goes above and beyond the typical and anticipated services, applications, or solutions that may be connected to a certain product.
What do you mean by augmented product?
Augmented product is a way for companies to differentiate their product offerings in the marketplace and attract more customers. Augmented products can include added features, such as warranties, support, training, installation, and customization. Companies also use augmented product to create additional value for customers by offering additional services, such as product maintenance, repair, replacement, and upgrades. By offering an augmented product, companies can increase customer loyalty and differentiate their product from the competition.
So, The required answer is augmented product.
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Layne wants to set up her PivotTable to show how her total sales were distributed across the
months she's been tracking to see, at a glance, which month accounted for the higher portion
of her total sales. What command, accessible with a right-click, will bring up a list of options
that will let her do this with one click?
Show Values As...
Value Field Settings
O Show Field List
O Remove Values
The command that would help to show the total sales distributed in the month that she wants to see is the Show Field List.
What is the show field list?This is the command that tells the spreadsheet that you want to view the values that are in a field.
This command would show the list after you carry out the action of right clicking on the pivot table.
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Creative Sound Systems sold investments, land, and its own common stock for $33 million, $14.7 million, and $39.4 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.7 million, $24.7 million, and $11.7 million, respectively. What amount should the company report as net cash flows from investing activities? (List cash outflows and any decrease in cash as negative amounts. Enter your answer in millions. (i.e., $10,000,000 should be entered as 10).)
Net cash flows from investing activities is 11.3.
CREATIVE SOUND SYSTEMS
Statement of cash flow (partial)
Cash flow from investing activities
Sales of investments 33
Sale of land 14.7
Purchase equipment (24.7)
Purchase as a patent (11.7)
Net cash flows from investing activities 11.3
Investing activities- The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement. Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.
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A Toronto shoe manufacturer makes $250,000 in shoes from $100,000 in leather produced this year on an Alberta ranch, $50,000 in glue from a New York Company, and $60,000 in nails produced last year by an Ontario steel mill. The shoe manufacturer sells $23,000 of these shoes this year. The contribution to the Canadian GDP is?
The value added can be calculated as follows:
Value Added = Final Sale Price - Cost of Inputs
Final Sale Price = $23,000
Cost of Inputs = $100,000 (leather) + $50,000 (glue) + $60,000 (nails)
Cost of Inputs = $210,000
Value Added = $23,000 - $210,000
Value Added = -$187,000
The negative value for the value added suggests that the shoe manufacturer experienced a loss. However, for the purpose of calculating the contribution to GDP, we consider the value added as zero since there was no positive gain in value from the production process.
Therefore, the contribution to the Canadian GDP in this case is zero.
Is anyone good at introduction to business?
Answer:
Yeah I'm good with business too
Explanation:
Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec.
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Last year 130 150 155 215 225 230 175 165 155 230 255 280
This year 155 155 205 220 245 250
Answer:
665
Explanation:
The computation fo the demand expected for the third quarter is as follows:
Oct 230
Nov 255
Dec 280 sum 765
Jan 155
Feb 155
March 205 sum 515
April 220
May 245
June 250 sum 715
Mow the third quarter moving average is
= (765 + 515 + 715) ÷ 3
= 665
Discussion 3 - Fiat Money vs Bitcoin
Must post first.
Context Information: Money is anything that is accepted in exchange for goods and services or for the payment of debts. Our current form of money, the dollar, is considered Fiat Money, because it does not have any intrinsic value but is accepted as money because the US government has made it legal tender. The Fiat Monetary system is regulated by the Federal Reserve (The Fed) which is the United States Central Bank. The Fed regulates financial institutions such as banks, and issues the currency. In other words, the Fed controls the amount of money in circulation. It can increase it, or decrease it. This feature makes the Fiat Monetary system a centralized system. In contrast, Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world.
Instructions and Steps:
1. Review the Ongoing Discussion Topic General Instructions > Select this link to Open
2. Access this introductory video on blockchain and cryptocurrencies.
TEDInstitute. (2017, September 22). Blockchain and the Middleman | TED Institute. [Video].
3. View the following TED Talk (video presentations). As you watch the video, take notes of any relevant information.
TEDx. (2020, January 10). What is Money? And Could Bitcoin Be the Best One? | Jad Mubaslat. [Video].
4. In 500 words or more produce an original post that answers the following questions:
According to Jad Mubaslat what are the benefits of a decentralized currency like Bitcoin?
If you had to choose one, which system (centralized fiat money or decentralized Bitcoin) would prefer to have as a form of currency? Explain your rational with examples.
The essay based on Jad Mubaslat that are the benefits of a decentralized currency like Bitcoin is given below
The benefits of a decentralized currency like BitcoinAccording to Jad Mubaslat, the benefits of a decentralized currency like Bitcoin are numerous. One of the main benefits is that it eliminates the need for intermediaries such as banks, which reduces the cost and time of transactions.
Furthermore, Bitcoin is transparent and has a fixed supply, which makes it less susceptible to manipulation or inflation. The transparency of the system allows for greater accountability and reduces the likelihood of fraud. The fixed supply also helps to prevent hyperinflation, which can occur when governments print excessive amounts of money, thereby reducing its value.
In terms of choosing between the two systems, I would prefer a decentralized system like Bitcoin. The benefits of a decentralized system far outweigh those of a centralized system. Centralized systems like the Fiat Monetary system, which is regulated by the Federal Reserve, can be manipulated by the government and the central authority.
In addition, the centralized nature of the Fiat Monetary system makes it easier for governments to manipulate the economy. For example, the Federal Reserve can increase or decrease the money supply to control inflation, which can have unintended consequences for the economy and the average citizen.
In conclusion, while there are benefits to both centralized and decentralized systems, I believe that a decentralized system like Bitcoin offers greater security, transparency, and control for users. With its numerous benefits, it is clear that Bitcoin is an innovative and promising solution for a modern currency system.
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Explain any two (2) value chain activities that Coca-Cola makes use of.
Coca-Cola employs marketing and sales activities to create brand awareness and optimize their supply chain and manufacturing process to produce and distribute products efficiently.
Coca-Cola, one of the world's leading beverage companies, employs various value chain activities to produce and distribute its products effectively. Here are two examples of value chain activities that Coca-Cola uses
Marketing and Sales: Coca-Cola invests heavily in marketing and sales activities to create brand awareness and promote its products. They use various channels such as TV commercials, billboards, social media, and sponsorship of events to reach their target customers.
Operations: Coca-Cola has a highly efficient supply chain and manufacturing process that helps them produce and distribute their products efficiently. They have established production facilities in various regions worldwide, allowing them to produce and distribute products locally.
Overall, these value chain activities enable Coca-Cola to produce and distribute its products efficiently while maintaining the quality of its products and building brand loyalty among customers.
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In 2005, BridgePort Brewing Company expanded sales of its BridgePort India Pale Ale, and BridgePort Black Strap Stout into Alabama, Georgia, Kansas, Minnesota, Missouri, North Carolina, Oklahoma, Tennessee and Texas. These states will join BridgePort's current distribution markets of Alaska, Arizona, California, Colorado, Idaho, Montana, New Mexico, Oregon, and Washington. When the brewery allocated resources to increase its production and distribution, it would have relied on which of the following management functions?
Answer: organizing
Explanation:
When the brewery allocated resources to increase its production and distribution, the management function that it'll have relied on is organizing.
First and foremost, we should note that the management functions usually include:
• planning,
• organizing,
• leading, and
• controlling.
The organizational skills is vital in order for the company to runs smoothly. Organizing has to do with the establishment of internal processes in order to know the workers that fits a particular position.
Also, the management makes sure that everyone are organized and that workers are working hard towards the accomplishment of company's goals.
What is the difference between gross and net pay?
A. There is no difference between gross pay and net pay.
B. Gross pay is the amount you earn; net pay is the amount you
receive after deductions.
C. Net pay is always more than gross pay.
D. Net pay is the amount you earn; gross pay is the amount you
receive after deductions.
the distinction between gross and net wages Your gross pay is how much you are paid; your net pay is how much you are paid after deductions. As a result, choice (B) is accurate.
Generally speaking, net wages" refers to the sum of money an employee receives after all withholdings and taxes have been deducted from their gross pay. It serves as a representation of the real pay that an employee receives.
To be clear, the appropriate sentence describing the distinction between gross compensation and net paid is Net pay is the amount you receive after deductions; gross pay is the amount you earn.
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Submission Requirements Hurry Pls Help ASAP!!!
Nine hundred word response.
When submitting written assignments, please remember to:
Submit the assignment question(s) and your responses.
Proofread for spelling, grammar, and punctuation.
Remember complete sentence structure.
Paragraphs need to have minimum of six sentences.
Submit your E.T.H.I.C.S. model of one of the provided scenarios.
When submitting written assignments, please remember to Proofread for spelling, grammar, and punctuation. Hence, option B is correct.
What is meant by Proofread?Proofread is the double-checking of the written assignment or the work that is being already done to the person. It helps the person to identify the little mistakes that they have made during the making of the assignment.
Proofread is always a better solution to understand the work and makes the work complete and perfect. After Proofread, one can identify their mistakes and make them correct.
Thus, option B is correct.
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With regard to participative (or democratic) leadership, identify & describe a work situation in which this management style may not be the most effective alternative for success.
Whenever a situation that need a quick decision making such as one made by a situational leader, this is an example of the aspect of participative /democratic leadership that may not be the most effective alternative for success.
What is a democratic leadership?In an organization, the Democratic leadership style is the type of leadership that redistributes power and authority between managers and their employees to promote employee involvement in organizational decision-making processes.
Most time, this democratic leadership style in an organization involves the redistribution of power and authority between employees and managers to provide employee involvement in decision making.
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Migration plays an important role in economic development and as a strategy for poverty reduction.
a. True
b. False
The balance sheets for Plasma Screens Corporation and additional information are provided below. PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 Assets Current assets: Cash $ 158,800 $ 123,000 Accounts receivable 84,000 95,000 Inventory 98,000 83,000 Investments 4,300 2,300 Long-term assets: Land 510,000 510,000 Equipment 820,000 700,000 Less: Accumulated depreciation (458,000 ) (298,000 ) Total assets $ 1,217,100 $ 1,215,300 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 102,000 $ 88,000 Interest payable 7,500 12,300 Income tax payable 9,500 5,300 Long-term liabilities: Notes payable 100,000 200,000 Stockholders' equity: Common stock 730,000 730,000 Retained earnings 268,100 179,700 Total liabilities and stockholders' equity $ 1,217,100 $ 1,215,300 Additional information for 2021: Net income is $88,400. Sales on account are $1,628,900. Cost of goods sold is $1,230,800. Required: 1. Calculate the following risk ratios for 2021: (Round your answers to 1 decimal place.)
Answer:
Missing word: "a. Receivables turnover ratio b. Inventory turnover ratio c. Current ratio d. Acid-test ratio d. Debt-equity ratio"
a. Receivable turover ratio = Net credit sales/ Average receivbles
= $1,628,900/ (($84000+$95000)/2)
= $1,628,900 / $89,500
= 18.2 Times
b) Inventory Turnover ratio = Cost of goods sold / Average inventory
= $1,230,800/ (($98,000+$83,000)/2)
= $1,230,800/$90,500
= 13.6 Times
c) Current ratio = Current assets / Current liabilities
= ($158,000+$84,000+$98,000+$4,300) / ($102,000+$7,500+$9,500
= $344,300/$119,000
= 2.893277311
= 2.89 to 1
d) Acid test ratio = ( Current assets - Inventory ) / Current liabilities
= ($344,300 - $98,000) / $119,000
= $246,300 / $119,000
= 2.0697478992
= 2.07
e) Debt-equity ratio = Total Liability (Current + Non-current) / Stockholders' equity
= ($119,000+$100,000) / ($730,000+$268,100)
= $219,000 / $998,100
= 0.2194169
= 22%
Click this link to view O*NET’s Work Activities section for Architects. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are common work activities performed by Architects? Check all that apply.
repairing and maintaining mechanical equipment
communicating with persons outside of the organization
drafting, laying out, and specifying technical devices, parts, and equipment
using dynamic flexibility to repeatedly bend, stretch, or twist with arms or legs
using night vision and peripheral vision
making decisions and solving problems
thinking creatively
Answer:
b)communicating with persons outside of the organization c)drafting, laying out, and specifying technical devices, parts, and equipment f)making decisions and solving problems g)thinking creatively
Explanation:
Answer:
B, C, F, G
Explanation:
the 3 hour per week that 100 million volunteers donate every year in the US is equal to how many full time worker
a. 1 million
b. 7.5 million
c. 100 million
d. 750 million
The equivalent number of full-time workers based on the 3 hours per week volunteered by 100 million volunteers in the US is approximately 144,230 full-time workers. Option C is the correct answer.
To calculate the equivalent number of full-time workers based on the 3 hours per week that 100 million volunteers donate every year in the US, we need to determine the total number of hours volunteered and divide it by the number of hours worked by a full-time worker in a year.
Let's assume a full-time worker works an average of 40 hours per week, and there are 52 weeks in a year.
Total hours volunteered per year:
3 hours per week * 100 million volunteers = 300 million hours
Total hours worked by a full-time worker per year:
40 hours per week * 52 weeks = 2,080 hours
Equivalent number of full-time workers:
300 million hours / 2,080 hours = approximately 144,230 full-time workers
Option C is the correct answer.
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A client with a portfolio of 10 U.S corporate bonds is planning to add 10 more bonds of different corporations (both U.S and international) which one of the following could the client eliminate through diversification?
Answer:
Explanation:
Diversification in a portfolio involves reducing risk by investing in a variety of assets. The specific bonds that could be eliminated through diversification would depend on the characteristics of the existing portfolio and the new bonds being considered.
Without information about the current holdings and the characteristics of the new bonds, it is not possible to determine which specific bond(s) could be eliminated through diversification. However, diversification generally aims to reduce the exposure to any single issuer or industry, and spread the risk across different assets. So, the client could eliminate bonds from issuers or industries that are already well-represented in the portfolio to achieve better diversification.
It is important to note that specific investment decisions should be based on thorough analysis of individual bonds, including creditworthiness, maturity, interest rates, and other factors. Professional financial advice and analysis should be sought to make informed investment decisions.
A contingent liability is:
Answer:
In accounting, contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event such as the outcome of a pending lawsuit.
Explanation:
These liabilities are not recorded in a company's accounts and shown in a type of balance sheet when both probable and reasonably estimable as 'contingency' or 'worst case' financial outcome. The likelihood of loss is described as probable, reasonably possible, or remote. The ability to estimate a loss is described as known, reasonably estimable, or not reasonably estimable. It may or may not occur.
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On March 1, ABX Company’s assets are $100,000 and its liabilities are $30,000. On March 5, ABX is fined $15,000 for failing emission standards. ABX immediately pays the fine in cash. After the fine is paid, what is the amount of equity for ABX?
The amount of the stockholders' equity for ABX immediately after paying the fine for failing emission standards of $15,000 is $55,000.
What is stockholders' equity?stockholders' equity represents the interest of the owners in the entity.
stockholders' equity value is calculated as the difference between the company's assets and liabilities.
Data and Calculations:Assets = $100,000
Liabilities = $30,000
Equity before fine = $70,000 ($100,000 - $30,000)
Emission Fine = $15,000
Equity after paying the fine = $55,000 ($70,000 - $15,000)
Thus, the amount of the stockholders' equity for ABX immediately after paying the fine for failing emission standards of $15,000 is $55,000.
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In two to three sentences, answer the following: What is the most important information you need to receive a stock quote? What information you can obtain from a stock quote?
A timestamp is the most important information you need to receive a stock quote.
The time-stamp that indicates how old the market quote is probably the most crucial element to pay attention to. The day's peak and lowest point, amount, and occasionally the 52-week maximum and low are other significant bits of knowledge that a stock quotation displays. The market value of a stock as it is quoted on a securities exchange is known as a stock quotation.
A fundamental quotation for a particular stock gives details such the bid and ask prices, last exchanged price in and volume traded. Even if a stock's value might climb without considerable earnings growth, its ability to continue rising depends on its P/E ratio.
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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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What may make a small business loan challenging to obtain? List at least two potential obstacles.
Answer:
credit
work history
Explanation:
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In the supply-and-demand schedule shown above, at the prices of _____ and ______, there is excess demand because quantity demanded is greater than quantity supplied. $25, $50 $25, $200 $150, $200
In the supply-and-demand schedule, at the prices of $150 and $200, there is excess demand because quantity demanded is greater than quantity supplied.
In order to recognize market stability, we have to first understand the fundamentals of demand and supply. So, the law of demand says that when price drops, users demand a larger number. Similarly, when price reduces, generators provide a lower number.
The demand schedule represents that as price rises, quantity demanded decreases, and vice versa. Thus, these points are then graphed, and the line connecting them is the demand curve.
Hence, there is an inverse relationship between prices and quantity demanded.
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