Answer:
$37,500
Explanation:
Since the MPC is the proportion of aggregate increase in income spent by consumer on consumption of goods or services.
MPC is already given as 0.75
So We will simply calculate the amount spent by Erin by multiplying Erin's additional income to MPC
(0.75 X $50,000) = $37,500
What is the naming system developed by carolus linnaeus?.
Answer:
binomial nomenclature
Explanation:
You can just look it up to prove that it is right
How to avoid paying capital gains tax on inherited property.
Answer:
Sell the inherited asset right away.
Turn it into your primary residence.
Make it into an investment property.
Disclaim the inherited asset for tax purposes.
Company A has sales of $500,000, variable costs of $350,000, and fixed costs of $150,000. Company A has ______.
Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
What is break even point?Break even point is the point in which a company neither make gain or loss.
Based on the information given company A has reached the break-even point because there is no gain or loss.
Company A's contribution margin also equals the fixed costs.
Contribution margin=Sales-Variables cost
Contribution margin=$500,000-$350,000
Contribution margin=$150,000
Contribution margin equal fixed cost of the amount of $150,000.
Inconclusion Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
Learn more about break even point here:https://brainly.com/question/9212451
A workplace's policies and procedures are used to
Question 3 options:
prevent salary and bonus increases
keep most customers satisfied
establish a clear set of guidelines for employees to follow
prevent companies from going bankrupt
Answer:
establish a clear set of guidlines for employees to follow
Explanation:
can someone tell me facts about local fundraising. maybe 2 or more facts
Answer:
-can provide you with supplemental funds that enhance what your group does and provide new opportunities for your members
- nurture and expand awareness for the cause, project, or brand that you are raising money for
-save and change lives, cure illnesses, protect the planet and make Government change the way they operate
If the percentage change in quantity demanded is less than the percentage change in price, then the price elasticity of demand is ______.
A whistleblower is :____________
a) a worker who does not accomplish his or her tasks by the end of a day.
b) a worker hired in excess of the labor requirements of an agency.
c) an ombudsman.
d) someone who brings to public attention gross governmental inefficiency or illegal action.
C. George Delivery Co.'s adjusted trial balance shows two expense accounts: Wages Expense with a debit balance of $12,000 and Advertising Expense with a debit balance of $3,000. The journal entry to close these accounts will include a debit to which account(s):____________
Answer: income summary
Explanation:
Define The Term "Inelastic"
Answer:
its about stuff you need day to day
like water, gasoline, housing, and food
when the price goes up or down consumers' buying habits are the same
"static quantity of a good or service when its price changes"
Investopedia lumenlearning
Answer:
: not elastic: such as. a : inflexible, unyielding. b : slow to react or respond to changing conditions
Explanation:
hope it helps you:)
Ahkem is considering buying a new car. He has narrowed his choices down to two models. On a sheet of paper, he begins writing down the positive characteristics of each car and the negative characteristics of each car. He will be using this list to help guide his final decision. In this example, Ahkem is using __________. automatic thinking illogical thinking self-fulfilling thinking controlled thinking
Ahkem is using a controlled thinking when he wrote down the characteristics of each car to help guide his final decision.
What is a controlled thinking?A controlled thinking refers to a kind of thinking process that is slow and sequential which requires effortful attention.
Hence, the controlled thinking is used by him because It allows to reason effectively and come to general conclusion.
Therefore, the Option E is correct.
Read more about controlled thinking
brainly.com/question/7685091
Finished goods ______. Multiple choice question. is the same as cost of goods manufactured consists of completed, unsold goods consists of goods that require additional processing before being sold consists of goods that have been sold to customers during the period
Finished goods consist of completed unsold goods which have not been sold to customers.
What is Finished goods?Finished goods refer to completed goods or product that have pass through all the manufacturing process and completed they but have not be sold to the intending consumers.
They are completed processed products.
Therefore, Finished goods consist of completed unsold goods which have not been sold to customers.
Learn more about finished goods from the link below.
https://brainly.com/question/1763667
The 50-30-20 rule recommends spending how much of a budget on needs, wants, and savings/debt?.
Answer:
The 50-30-20 rule works like this: 50% of your income goes to things you must have/need to spend on (rent, electricity, food, taxes), 30% goes to things you want to buy (that new iPhone, eating out, relaxing and watching a movie), and 20% goes to savings (bank savings, insurance, college funds, you name it).
Emma is a high school student with a part-time job. She is not eligible for any employer sponsored plan. She wants to start investing for retirementWhat is the best type of account for her to use ?
A) 457 Plan
B) Roth IRA
C) Traditional IRA
D) Individual 401(k)
Answer:
d
Explanation:
when you are investing for a retirement you should use individual
give a short introduction of seasonal vegetable cultivation
Answer:
Seasonal vegetables are those vegetables that can not adjust all kind of temperatures. The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter season.
Answer:
Seasonal vegetables are those vegetables that can not adjust all kind of temperatures. The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter sea
son
Can policy market interventions cause consumer or producer surplus.
Answer:
What government interventions cause consumer or producer surplus?
There are two main economic effects of a tax: a fall in the quantity traded and a diversion of revenue to the government. A tax causes consumer surplus and producer surplus (profit) to fall..
Explanation:
its a tax
The policy market interventions are relying on both the causes' of consumer surplus and producer surplus as main reason in price fluctuation.
What is consumer?
The term “consumer” refers to a person who consumes goods and services. The consumer purchases the products and services with the exchange of money. The consumer is satisfied with the needs and wants. The consumer purchases goods for personal use, not for manufacturing purposes.
Policy market intervention change the market conditions of demand and supply. The prices are simultaneously changed for the same reason that the taxes, price ceiling, subsidies, and price floor are affected by the demand.
So, the price level increases of goods in the surplus are created as a benefit to both the consumer and the producer.
Therefore, the policy market interventions cause on both, they rely on consumer or producer surplus.
Learn more about on consumer, here:
https://brainly.com/question/13420317
#SPJ2
How can entrepreneurship help school leavers to not become a part of the unemployed?
Entrepreneurship can help students by helping them to establish businesses that can help them with income.
What is entrepreneurship?
This is simply the act of owning a business for the sake of profits. Entrepreneurship is good for every economy because it reduces dependence on the government.
Entrepreneurship helps to ensure that the people have something that fetches them income.
Read more on entrepreneurship here: https://brainly.com/question/353543
You submit a bid of $125 per room for 60 rooms for two nights. The group's event planner says she will award you the bid
if you come down 12%. What is the new bid to secure the contract?
The new bid to secure the contract is:$13,200.
New bid to secure the contractFirst step is calculate the cost of rooms for two night
Cost=$125 per room×60 rooms×2 night
Cost=$15,000
Second step is to calculate the new bid
New bid=$15,000-(12%×$12,000)
New bid=$15,000-$1,800
New bid=$13,200
Inconclusion the new bid to secure the contract is:$13,200.
Learn more about new bid here:https://brainly.com/question/7357449
Donna runs an inn and charges $300 a night for a room, which equals her cost. Sam, harry, and bill are three potential customers willing to pay $500, $325, and $250, respectively. When the government levies a tax on innkeepers of $50 per night of occupancy, donna raises her price to $350. The deadweight loss of the tax is.
Answer:
25$Explanation:
The deadweight loss of the tax is :
According to the given situation, the computation of deadweight loss of the tax is shown below:-
Deadweight Loss = 1 ÷ 2 × 1 × ($350 - $300) = 1 ÷ 2 × ($50)
Deadweight Loss = 1 ÷ 2 × ($50)
Deadweight Loss = $25
The deadweight loss of the tax is $25.
Thus, the correct answer is 25$.
Learn more :
brainly.com/question/14630562?referrer=searchResults
Jamie would like to identify the similarities and differences among seven different types of flowers. Jamie should use a Venn diagram as the best compare and contrast graphic organizer for her project. Please select the best answer from the choices provided T F.
Jamie cannot use the Venn diagram as the best compare and contrast graphic organizer for his project. Thus, The correct answer is False.
What is a Venn diagram?Venn diagram is used to compare elements of the same type. This includes cross-sectional circles where you write features that do not include each element, as well as the common ones.
This type of diagram is recommended when comparing two or three elements because you need a circle or space for each element, so it is not possible to compare several elements.
Thus, it is a lie to say that Jamie should use the Venn diagram in his project, because he needs to compare seven types of flowers and this does not happen using the Venn diagram, instead he should use a chart or similar that allows him to compare multiple elements. The correct answer is False.
To learn more about the Venn diagram, refer to the link:
https://brainly.com/question/26090333
Answer:
False
Explanation:
short and sweet
A group of friends goes out to lunch and decides to split the bill. Their bill is $32. 50, plus they want to leave a 20% tip. The final amount will be split 4 ways. Hint: This is a multi step problem. First figure out the tip amount. Then add that to the bill. Then divide by 4. Question 4 options: $7. 50 $8. 15 $9. 75 $9. 50.
Answer:
10% of $32.50 is $3.25 so 20% is $6.50
then, $32.50 + $6.50 =$39.00
$39.00 ÷ 4 = $9.75 a piece
Local and regional government names are indexed first by: ______________
a. the name of the state.
b. the name of the country, city, town, township, or village.
c. the distinctive name of the department board, bureau, office, or government/political division
d. none of these choices.
Assume the marginal propensity to consume is 0.75. What will happen if government spending increases by $100 billion
What will happen if government spending increases by $100 billion is:
Real output will increase by a maximum of $400 billion.
Using this formula
Multiplier=1/(1-MPC)
Where:
MPC=Marginal propensity to consume =0.75
Let plug in the formula
Multiplier=1/(1-0.75)
Multiplier=1/0.25
Multiplier=4
Increase in GDP= Government spending ×4
Increase in GDP=$400
Inconclusion what will happen if government spending increases by $100 billion is: Real output will increase by a maximum of $400 billion.
Learn more about government spending here:https://brainly.com/question/25125137
why are digital payments more secure than other technologies?
Answer:
Several technologies (passwords, tokenization, strong customer authentication, digital ID, and biometrics) can limit risks for sensitive data to be intercepted and used for fraudulent purposes.
Explanation:
Hope this answers your question :)
What is the total amount of indirect factory wages if the amount allocated to product design was $200,000 and product design consumes 40% of indirect factory wages
The total amount of indirect factory wages is $80,000.
What is indirect factory wage?Indirect factory wage includes all wages paid to workers who are not directly involved in production.
For example, the wages paid to workers who design products are classified as indirect costs because the workers are not directly involved in producing the units of goods and services.
Thus, the total amount of indirect factory wages is $80,000.
Learn more about indirect costs at https://brainly.com/question/24762880
Answer:500,000
Explanation: 200,000/0.40=500,000
Which phrase best describes a certificate of deposit?
Answer:
An account in which money must stay deposited for a certain amount of time.
Which statement best identifies the conflict in this excerpt?
Tessie Hutchinson is in conflict with society.
Bill Hutchinson is in conflict with his feelings.
Mrs. Delacroix is in conflict with Tessie.
Mr. Summers is in conflict with society.
Answer:
B
Explanation:
A ______________ is another type of business that eliminates the retail part of the transaction. Many times a consumer can buy products in bulk, or larger quantities than are available in retail stores.
A. Catalogue order
B. Wholesale club
C. Free market
Answer:
B. Wholesale Club
Explanation:
The concept that human desires are unlimited while resources for achieving those desires are limited is known
as which of the following?
Equality
Adversity
Scarcity
Opportunity
The concept that human desires are unlimited while resources for achieving those desires are limited is known as scarcity.
What is scarcity?
Economists believe that human wants are unlimited. For example, if you look at the things you want, you would agree that the things you want is unlimited.
But sadly, the resources needed to meet those desires are limited. This is referred to as the scarcity of resources. For example, the money needed to meet your desires are available in limited quantities. This is why humans have a scale of preference.
A person has just been awarded an income increase to offset the effects of an increase in the overall cost of living in his country. This increment is tied to the consumer price index (CPI), which recently escalated from 110 to 112. What should his new salary be if he was earning $30,000 per year before the increase in the CPI
The person's new salary based on the new CPI of 112 should be $30,545.
What is the consumer price index (CPI)?The Consumer Price Index (CPI) is an aggregate measure of the average price changes over time for a market basket of consumer goods and services. The index is used by businesses, governments, and individuals to gauge the inflation trend in the economy.
Data and Calculations:
Old CPI = 110
New CPI = 112
Old salary = $30,000
New salary = $30,545 ($30,000/110 x 112)
Thus, the person's new salary based on the new CPI of 112 should be $30,545.
Learn more about the consumer price index (CPI) at https://brainly.com/question/24888747
Which best explains why the law of supply operates the way it does in a free enterprise economy?.
Answer:
Companies want to be as profitable as possible
Explanatio: I know everything about this topic
Answer: Companies want to be as profitable as possible.
Explanation: The answer is correct.
