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3 years ago

The social cost associated with the distortion in consumption from a monopoly price is called

1 answer:

4 0

This social cost is called deadweight loss or excess burden or allocative inefficiency. It is linked with the distortion in consumption resulting from monopolized pricing. Deadweight loss<span> is the descent in overall surplus that results from a market distortion, like tax for example. In economics, it is defined as a damage in economic efficiency that can happen when equilibrium for an amenity is not attained or is considered unachievable</span>

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Tache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding D

leonid [27]

Answer: c. $1.994

Explanation:

Cost per Equivalent Unit of Production (EUP) for Conversion = Total Conversion costs/ EUP

Total Conversion cost

= Conversion cost for beginning work in process inventory + Conversion cost incurred in the month

= 7,840 + 203,300

= $211,140

EUP = Units completed + Percentage of ending Units completed with regards to conversion

= 92,900 + (90% * 14,450)

= 105,905 units

Cost per Equivalent Unit of Production (EUP) for Conversion = 211,140 / 105,905

= $1.9936

= $1.994

8 0

4 years ago

According to the definitions given in the text, if Stock A has a standard deviation of 4% and expected returns of 9%, and Stock

grin007 [14]

Answer:

(A) Stock A

Explanation:

A greater standard deviation is interpreted as a volatile stock. The price of the investment changes over time with a broad range, which is undesarible for the management of investment portafolios. There is also a correlation between risk and estimated return, when the commercial activity related with the stock has a stable performance, is commonly secure, and that is the reason why is offered a low rate of return.

In comparision with the second option, the Stock A has a greater volatility and higher return rate.

4 0

3 years ago

From what part of income should someone take savings?<br>

vovikov84 [41]

Answer:

nowhere

it wouldnt help anyway

5 0

4 years ago

Read 2 more answers

The Guitar Shoppe reports the following sales forecast: August, $150,000; September, $170,000. Total sales includes 40% cash sal

spayn [35]

Answer:

Cash Receipt Budget

Cash receipt budget shows the sales of cash and credit. It also shows the frequency of the payment of credit sales by the customer.

5% of noncollectable will not be recorded in the cash receipt. Calculate GS's scheduled cash receipts for the month of September as shown below:

GS Cash receipt Budget For September month

Sales = $170,000

Cash sales (0.4 × $170,000) = 68,000

Collections of prior month's Receivables ($150,000 x 0.55) = 82,500

Total cash receipts = $150,500

Working Notes

Cash sales are 40 percent of total sales.

55 percent of previous month receivables are received in the current month. As such, receivables pertaining to August is received in September.

Therefore, GS's budgeted cash receipts for the month of September is computed as $150,500

4 0

3 years ago

A cut in tax rates effects equilibrium real GDP through two channels: ________ disposable income and consumer spending, and _

Paha777 [63]

Answer:

increases; increases

Explanation:

A cut in tax rate has numerous advantages and disadvantage to the economy both in long-run and short-run. A cut in tax rates increases the discretionary cash flow of people, which drives them to expand their utilisation spending. A cut in charge rates increment the size of the multiplier impact

3 0

3 years ago