Answer:
Yes, I agree.
Explanation:
I agree that the parole system should be abolished because there is a risk that the parolee may become a repeat offender. It too involves the risk that he won't, In case, be able to survive on his individual upon freedom, and will fall victim to permanent homelessness, unemployment, social maladjustment. It may also involve the continuation of involvement by the criminal justice system.
Answer:
c. Increase by $0.1 trillion
Explanation:
Investment spending Multiplier is a concept in economics that measure how a given change in investment increases output. So if current output of $13.5 trillion must increase to $14 trillion, we employ the multiplier formula to derive what amount of investment spending is needed to get $o.5trillion increase in output.
(change in output)/ (change in investment) = 1/(1-mpc)
Note that mpc means marginal propensity to consume.
Let change in investment = X
change in output = 14 - 13.5 = $0.5trillion
mpc = 0.8
(0.5)/X = 1(1-0,8)
0.5/X = 1/0.2
cross multiply
X = 0.1
Thus the needed change in investment is an increase of $0.1 trillion. In other words, if investment increases by $0.1 trillion, current output will increase from $13.5 trillion to $14 trillion.
I think the correct answer is no answer
Answer:
D) make zero economic profits.
Explanation:
Monopolistically competitive firms will maximize their accounting profits at the output level where marginal revenue = marginal cost (the same as perfectly competitive firms or monopolies).
Economic profits are not the same as accounting profits, since the accounting profits only consider expenses occurred while economic profits consider opportunity costs. Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another alternative one. In the case of companies, the opportunity cost of making one investment is equal to the profits that could be made through another investment.
Economic profits = accounting profits - opportunity costs
Answer:
$225,000
Explanation:
Henson company applies an overhead which is based on 120% of direct Labor cost
= 120/100
= 1.2
Job. No 190 is charged with direct cost materials of $60,000 and manufacturing overhead of $90,000
Therefore, the total manufacturing costs for job No. 190 can be calculated as follows
Manufacturing overhead/direct labour costs+direct cost of materials+manufacturing overhead
= $90,000/1.2+$60,0000+$90,000
= $75,000+$60,000+$90,000
= $225,000
Hence the total manufacturing costs for job No. 190 is $225,000