Answer:
C: Prices and output would rise, and the equilibrium will change
Explanation:
<span>A price at which the demanded quantity is equal to the produced quantity of that product is called the market price.</span>
Answer:
Corporate bond pay = 10.169%
Explanation:
Given:
Federal tax = 28%
State tax = 9%
Local income tax = 4%
Municipal bond pay = 6% = 0.06
Corporate bond pay = ?
Computation of Corporate bond pay :
Total taxes rate = 28% + 9% + 4%
Total taxes rate = 41% = 0.41
Corporate bond pay = Municipal bond pay / (1-total tax rate)
Corporate bond pay = 0.06 / (1-0.41)
Corporate bond pay = 0.06 / (.59)
Corporate bond pay = 0.10169
Corporate bond pay = 10.169%
$85,000 under applied.
Calculate the total <u>expected </u>overhead ($300,000+$500,000+$200,000)= $1,000,000
Then calculate the actual overhead ($295,000+$570,000+$220,000)=
$1,085,000
Next, find the difference 1085000-1000000 = $85,000
So, the company under applied overhead by $85,000.
Fixing prices,rivals, and rules