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Makovka662 [10]
2 years ago
14

Goods and services that cannot be readily provided by markets, such as national security and education, and are called

Business
1 answer:
dexar [7]2 years ago
4 0

Goods and services that cannot be readily provided by markets, such as national security and education, are called Public Goods.

<h3>What are Public Goods?</h3>
  • Products and services that cannot easily be obtained through markets, either because they are too expensive for a single person to purchase or because everyone else would utilize them for free if one person did.
  • A good must be both non-excludable and non-rival in order to be categorized as a public good.
  • If the provider of the good cannot stop individuals who don't pay from using or consuming it, the good is nonexcludable.
  • If the consumption of one person does not prevent the consumption of any other person, the good is nonrival.
  • A prime example of a public good is national security. We all take advantage of this government service without giving it much attention.

To learn more about Public goods refer to:

brainly.com/question/14664702

#SPJ4

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Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, Goldilocks. She gave up a salary of $4
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Answer:

$45,500 is the correct answer.

Explanation:

3 0
3 years ago
You own a small manufacturing business that produces widgets. You have spent $400,000 acquiring the fixed assets you need to pro
anygoal [31]

At the current level of operating leverage, the small manufacturing business needs to sell <u>18,182 units</u> of widgets to break even.

<h3>What is the break-even point?</h3>

The break-even point is the level of production and sales required so that the entity does not incur any losses or earn any profits.

At the break-even point, the total costs (fixed and variable) equal the sales revenue.

<h3>Data and Calculations:</h3>

Fixed assets = $400,000

Production cost of each widget = $3

Selling price per unit = $25

Variable cost per unit = $3 ($25 x 12%)

Contribution margin per unit = $22 ($25 - $3)

Break-even point in units = Fixed Costs/Contribution margin per unit

= 18,182 units ($400,000/$22)

Thus, at the current level of operating leverage, the small manufacturing business needs to sell <u>18,182 units</u> of widgets to break even.

Learn more about break-even analysis at brainly.com/question/21137380

#SPJ1

4 0
2 years ago
The current FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $7,500 of an employee's pa
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Answer:

d. $465.00

Explanation:

Calculation for the amount of total unemployment taxes

FUTA tax rate $60.00

(0.8%×$7,500)

SUTA tax rate $405.00

(5.4%×$7,500)

Total unemployment taxes $465.00

Therefore the amount of total unemployment taxes the employer must pay on this employee's wages will be $465.00

7 0
4 years ago
Philosophers draw a distinction between ___________________, which describe the world as it is, and normative statements, which
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A. normative statement
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3 years ago
What is 28.26 rounded to the nearest dollor
Tamiku [17]

$28.26 rounded to the nearest dollar would be $28. This is because the 2 in the tenths place is less than five, therefore the 8 in the ones place would remain the same and .26 would turn into 0s which you don't have to show. Hope this helped!

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4 years ago
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