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2 years ago

When a company sells a product for a price that is less than the cost of producing the product, it is engaging in:.

1 answer:

7 0

If a company sells a product at a price that is less than the cost of producing the product, then it is engaged in dumping.

<h3>What do you mean by a Product?</h3>

A product refers to any product, goods, or services intended for sale purposes. Goods, services, experiences, shopping, convenience, specialty goods, consumer goods, and industrial goods are the different types of products.

Dumping refers to when a company or country exports a product that is lower in the foreign market than the domestic export market. According to World Trade Organization, dumping is legal.

Therefore, Dumping is when a company sells a product that is lower than the cost of producing the product.

Learn more about the product here: brainly.com/question/22852400

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As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the sameIf the margi

Sati [7]

Answer:

(a) As the marginal propensity to consume (MPC) increases, the spending multiplier Increases.

(b) Multiplier is 3.30.

Explanation:

(a) As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the same.

In economics, the higher the MPC, the higher the spending multiplier.

Therefore, as the marginal propensity to consume (MPC) increases, the spending multiplier Increases.

(b) If the marginal propensity to consume is 0.70, then, assuming there are no taxes or imports, the multiplier is: (Note: round to the nearest tenth).

This can be calculated as follows:

Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.70) = 1 / 0.30 = 3.33333333333333

Rounding to the nearest tenth, we have:

Multiplier = 3.30

(c) Given the multiplier that you calculated, what is the total impact on spending when there is a $1,000 increase in government spending?

Total impact on spending = Increase in government spending * Multiplier = $1,000 * 3.30 = $3,300

3 0

3 years ago

A decade ago the government of Weinsland decided to liberalize the country's economy. As a result, today the country is experien

Georgia [21]

Answer:

As the country gets richer, there will be a shift in the society from "traditional" to "secular rational" values

Explanation:

In this scenario Weinsland decided to liberalize the country's economy. This will reduce government regulation on the economy and increase participation of private entities.

Liberalisation encourages economic growth.

Traditional conservative values are passed from generation to generation, and change only a little over time.

Secular rational values on the other hand embrace an ever changing economic environment where innovation constantly changes acceptable ways of doing things

6 0

3 years ago

Selected information from the accounting records of Ellison Manufacturing Company follows:

Amanda [17]

Answer:

b. 94.9

Explanation:

The computation of the number of days' sales in average inventories is shown below:

Day inventory outstanding = (Beginning inventory + ending inventory) ÷ 2 ÷ cost of goods sold × total number of days in a year

= ($672,000 + $576,000) ÷ 2 ÷ $2,400,000 × 365 days

= ($624,000 ÷ $2,400,000 ) × 365 days

= 94.90 days

Simply we take the average of inventory and divide from the costs of goods sold

All other information which is given is not relevant. Hence, ignored it

7 0

3 years ago

H. Cochran Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2,3

MArishka [77]

Answer: If the required return is 11 percent, what is the project's NPV? (Do not round intermediate calculations and round your answer to two decimal places, e.g., 32.16.)

Explanation:

7 0

3 years ago

Read 2 more answers

On January 1, 2019, Amazon issues $100,000 in bonds having a stated rate of 10%. The bonds mature in 2 years (Dec. 31, 2020) and

Nutka1998 [239]

Answer:

cash 96,535 debit

discount on BP 3,465 debit

Bonds Payable 100,000 credit

Explanation:

We need to determinate the price at which the bonds were issued:

Which is the present value of the coupon payment and maturity

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

Coupon payment: 100,000 x 10% / 2 = 5,000

time 4 (2 years x 2 payment per year)

rate 0.06 (12% annual / 2 = 6% semiannual)

$5000 \times \frac{1-(1+0.06)^{-4} }{0.06} = PV\\$

PV $17,325.5281

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity (face value) $100,000.00

time 4.00

rate 0.06

$\frac{100000}{(1 + 0.06)^{4} } = PV$

PV 79,209.37

PV c $17,325.5281

PV m $79,209.3663

Total $96,534.8944

As the bonds are issued below face value there is a discount:

100,000 - 96,535 = 3,465

the entry will recognize the cash procceds and the creation of a liaiblity

we will also use an auxiliar account for the discount on the bonds

7 0

3 years ago