All categories

3 years ago

In economics, workers are both producers and which of the following?

Business

1 answer:

liraira [26]3 years ago

3 0

Answer:

B) Consumers

Explanation:

In economics, workers are both producers and consumers.

You might be interested in

Suppose the price of crude oil drops from 150$ a barrel to 120$a barrel. The quantity bought remains unchanged at 100 barrels. T

IrinaK [193]

Answer:

coefficient = 0

Explanation:

We have the formula to calculate the price elasticity of demand as following:

Elasticity coefficient = % Change in quantity/ % Change in price

As given:

+) The percentage change in price is: (120-150)/150= - 20%

+) The quantity bought remains unchanged - which means the percentage change in quantity demanded is 0%

=> Elasticity coefficient = % Change in quantity/ % Change in price

= 0/-20 = 0

So the coefficient of price elasticity of demand in this example would be 0

7 0

3 years ago

David Grange is married and claims 4 withholding allowances. If he is paid biweekly and earns $1,846 per period, use the percent

Trava [24]

Answer: $74.60

Explanation:

For people who are paid biweekly, 1 withholding allowance = $161.5

4 withholding allowances = $646

Earnings after deducting withholding allowance = $1,846 - $646

Earnings after deducting withholding allowance = $1,200

For a married person who is paid biweekly, the percentage applicable to David's pay bracket is 10% on the amount over the $454

That is, 10% on $746 ($1200 - $454)

=$74.60

7 0

2 years ago

Which of the following would be an effective approach for encouraging authentic feedback? A. Defend yourself if you disagree wit

sergey [27]

Answer:

C. Ask for feedback only when you are open to hearing it.

Explanation:

Feedback refers to providing the information gathered after evaluating any specific action or event. Providing authentic feed-backs helps in promoting and improving the better quality of the original topic. It is more personalized and user-oriented. There are various ways by which authentic feed-backs can be given. Through messaging, writing, discussing over calls, and conversations over video calls helps in providing authentic feedback. Asking for feedback should be initiated by the person only when the person is willing to listen and acquire those feed-backs is an effective approach for encouraging authentic feedback.

6 0

3 years ago

Souza Inc, which produces and sells a single product, has provided its contribution format income statement for October.

Dafna1 [17]

Answer:

d. $300

Explanation:

Calculation for what its net operating income should be closest to

Using this formula

First step is to calculate the contribution margin per unit using this formula

Contribution margin per unit= Contribution margin ÷ Number of units

Let plug in the formula

Contribution margin per unit= $48,000 ÷ 4,000 units

Contribution margin per unit= $12

Second step is to calculate the contribution margin

Contribution margin = 3,500 units × $12

Contribution margin = $42,000

Now let calculate the net operating income using this formula

Net operating income = Sales - Variable cost - Fixed expenses

Let plug in the formula

Net operating income= $42,000 - $41,700

Net operating income= $300

Therefore its net operating income should be closest to $300

8 0

2 years ago

Bell Company, a manufacturer of audio systems, started its production in October 2017. For the preceding 3 years, Bell had been

LekaFEV [45]

Answer:

variable cost per unit 150 dollars

Explanation:

As we aren't provided with a volume. We calculate considering variable costying system which onyl count variable cost as cost of goods manufactured:

raw material $ 75 per unit

labor 5 hours x 14 per hour = $ 70 per unit

variable ovehread $ 5 per unit

Variable cost per unit $ 150 per unit

the fixed overhead cost

5,110 + 3,730 + 1,550 + 6,600 + 8,760 = 25,750

will be considered cost of the period under variable costing

8 0

2 years ago