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1 year ago

Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called.

1 answer:

7 0

Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called Universal Basic Income.

<h3>What is a Universal Basic Income (UBI)?</h3>

UBI is a government scheme in which every adult citizen receives a set amount of money on a regular basis.
A basic income system's aims are to reduce poverty and to replace existing need-based social programs that may require more bureaucratic engagement.
The concept of universal basic income has gained traction in the United States as automation replaces labor in manufacturing and other sectors of the economy.
A recent two-year experiment in Finland in which universal basic income essentially replaced unemployment benefits found that UBI users were no more likely than the control group to obtain new work.

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If a company increases its sales price per unit for productâ€‹ a

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Answer:

TR decreases if Demand is Elastic, TR increases if Demand is Inelastic

Explanation:

Price Elasticity of Demand is the responsive change in price, due to change in price. Elastic demand means demand responds more to price change, Inelastic demand means demand responds less to price change. Total Revenue is the total receipt value from sales = Price x Quantity

If demand is elastic : price & total revenue are inversely related - price increase, demand decrease & price decrease, demand increase.
If demand is inelastic : price & total revenue are directly related - price increase, demand increase & price decrease, demand increase

So, If a company increases its sale price per unit of a product :

Total Revenue would increase as a result of price rise, if demand is Inelastic
Total Revenue would decrease as a result of price rise, if demand is Elastic

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3 years ago

You own 200 shares of Loner stock. The firm announced that it will be issuing a dividend of $.20 a share one year from today fol

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Answer:

value of your total investment income 362.80

Explanation:

The computation of the value of your total investment income in two years is shown below

Value of Dividend after 2 years (200 × .20 × 1.07)42.80

Value of Liquidating Dividend (200 × 1.60) 320.00

value of your total investment income 362.80

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2 years ago

Producer surplus equals a. Value to buyers - Costs of sellers. b. Amount received by sellers - Costs of sellers. c. Value to buy

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Answer:

Amount received by sellers - Costs of sellers.

Explanation:

Producer surplus is the difference between the price of a good and the cost to sellers. It is the difference between price and the least amount sellers would be willing to sell their products.

Consumer surplus is the difference between the price at which the consumer values the good and the price of the good.

Consumer surplus = Value to buyers - Amount paid by buyers.

I hope my answer helps you

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3 years ago

Maria Martinez and her sister, Christina, are planning to operate a small day care center in a remodeled building. They've obtai

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The correct answer would be D. Limited Partnership

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3 years ago

The opportunity cost of an item is?

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Answer:

The idea behind opportunity cost is that the cost of one item is the lost opportunity to do or consume something else; in short, opportunity cost is the value of the next best alternative. Click to see full answer Herein, what is opportunity cost give example? Opportunity cost is the profit lost when one alternative is selected over another.

Explanation:

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2 years ago