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1 year ago

A net exports deficit will become a surplus if?

1 answer:

meriva1 year ago

5 0

A net exports deficit will become a surplus if the government budget deficit is turned into a surplus and the private sector has a surplus

An item or resource that has more than is currently being used is said to have a surplus. A surplus can relate to a wide range of things, including money, goods, capital, and profits. A surplus in the context of inventories refers to items that are still on store shelves but have not yet been purchased.

A surplus in a fiscal sense happens when income is greater than outlays. Governments may also have a budget surplus if there are any tax revenues left over after all expenditures for government programmes have been paid in full.

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describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which sho

bogdanovich [222]

A company in monopolistic opposition produces an allocatively green output degree even as a company in best opposition produces a productively green output degree.

The long-run equilibrium answer in monopolistic opposition usually produces 0 monetary income at a factor to the left of the minimal of the common overall value curve. The life of excessive limitations to access prevents corporations from coming into the marketplace even withinside the long run.

Therefore, it's far viable for the monopolist to keep away from opposition and hold making tremendous monetary income withinside the long run. One feature of a monopolist is that it's far a income maximizer. Since there's no opposition in a monopolistic marketplace, a monopolist can manage the charge and the amount demanded. The degree of output that maximizes a monopoly's income is calculated through equating its marginal value to its marginal revenue.

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8 0

1 year ago

According to the textbook, the number one reason that people become entrepreneurs is to:A) realize financial rewardsB) gain pres

Pachacha [2.7K]

Answer:

(A) realize financial rewards.

Explanation:

In theory (textbook) the no.1 reason that people become entrepreneurs is to achieve maximum return. The concept of higher risk, higher return is the key here. Business as compared to Services and Profession, has the highest risk thereby giving the best returns out of the three.

However, in practicality people adopt business to pursue their own ideas, gain prestige, be their own boss, continue a family tradition and also to realize financial rewards.

8 0

3 years ago

Kearney Inc. has a factory with the following characteristics: direct labor of $82056, direct materials of $52432 fixed overhead

frutty [35]

Answer:

The amount of cost from Pool A that is allocated to LQ6 is $7,802.

Explanation:

Since Pool A includes all variable overhead and uses direct labor as the allocation base, we can obtain the following from the question:

Direct labor = $82,056

Variable overhead = $146,362

Number of labor hours used by LQ6 = 162

Factory's labor costs per hour = $27

Therefore, we have:

Factory's labor cost of LQ6 = Number of labor hours used by LQ6 * Factory's labor costs per hour = 162 * $27 = $4,374

Variable over allocated to LQ6 from Pool A = (Factory's labor cost of LQ6 / Direct labor) * Variable overhead = ($4,374 / $82,056) * $146,362 = $7,801.83518572682

Rounding to whole number of $ as required, we have:

Variable over allocated to LQ6 from Pool A = $7,802

Therefore, the amount of cost from Pool A that is allocated to LQ6 is $7,802.

4 0

3 years ago

Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.

VikaD [51]

Answer:

$281,612

Explanation:

Plane Operating Cost = Fixed cost + (Variable cost per unit1 × q1) + (Variable cost per unit 2 × q2)

Plane Operating Cost = $40,190 + ($2709*88) + ($10 * 303)

Plane Operating Cost = $40,190 + $238,392 + $3,030

Plane Operating Cost = $281,612

So, the plane operating costs in the planning budget for August would be $281,612

6 0

3 years ago

Today's trend is to expand the span of control because: Multiple select question. empowerment increases costs and reduces profit

Ad libitum [116K]

It is important to expand the span of control because

the workforce is better educated at all levels.
organizations save by reducing the number of middle managers.

<h3>What is a span of control?</h3>

Span of control simply means a key element in the structure of an organization.

In this case, it is vital to expand the span of control because the workforce is better educated at all levels and organizations save by reducing the number of middle managers.

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2 years ago