Assume that a hypothetical economy with an MPC of 0.9 is experiencing severe recession.

If disposable income increases by $5 billion and consumer spending increases by $4 billion, the marginal propensity to consume i

miss Akunina [59]

Answer: 0.8.

Explanation: um hm.

7 0

3 years ago

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Lightning strikes a home and starts a fire that destroys the structure and its contents. The lightning is the?

LenaWriter [7]

Lightning strikes home and starts a fire that destroys the structure and its contents. The lighting is the Proximate cause.

Subrogation is the term that describes most insurance companies' right to sue against a third party who has caused damage to the insured. This is done to recover the amount of damage paid to the insured by the insurance company for the damage.

The replacement cost covers the retail cost of replacing a broken, damaged, or lost item. The advantage here can be seen in the personal computer example. For example, his $1,500 laptop, purchased two years ago, is worth less than it is now brand new.

Umbrella policies are typically sold for minimum coverage of $1 million, but insurers offer these policies in increments of up to $5 million and sometimes in $100 million increments.

Learn more about Proximate cause here brainly.com/question/14925660

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4 0

1 year ago

Talks-A-Lot, Inc. sells cell phones to customers and expects that 10% of phones sold will be returned for repair under its warra

poizon [28]

Answer:

amount of warranty liability that should be reported at December 31, 2021 is $3,375

Explanation:

When the Sale was made, the Warrant Liability is recorded as follows:

Warranty Cost $5,625 (Debit)

Warranty Provision $5,625 (Credit)

Warranty Cost = 750 cell phones × $75 × 10% = $5,625

When Warranty Claims were received during the year the records are as follows :

Warranty Provision $2,250 (Debit)

Cash $2,250 (Debit)

Warranty Cost = 30 × $75 = $2,250

At December 31, 2021 the amount of warranty liability should be

Warranty Provision = $5,625 - $2,250 = $3,375

6 0

3 years ago

Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.50 p

vodomira [7]

Answer:

The right solution is "$78.55".

Explanation:

The given values are:

Material cost,

= $5 per pound

Average freight costs,

= $0.25 per pound

Downtime average,

= 0.40 hours per unit

According to the question,

The direct material cost per unit will be:

= $((4.5+0.5)\times 5\times 0.98)+(0.25\times (4.5+0.5))$

= $(5\times 5\times 0.98)+(0.25\times 5)$

= $24.5+1.25$

= $25.75$ ($)

The direct labor will be:

= $((2.0+0.4)\times 12)+(3\times (2.0+0.4))$

= $28.8+7.2$

= $36$ ($)

Manufacturing overhead will be:

= $(2.0+0.4)\times 7$

= $2.4\times 7$

= $16.8$ ($)

hence,

The standard cost per unit will be:

= $Direct \ material+Direct \ labor+Manufacturing \ overhead$

= $25.75+36+16.8$

= $78.55$ ($)

7 0

3 years ago

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil

Nat2105 [25]

Answer:

The answer to this question is (c) Labour, Labour intensive

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Explanation:

The Heckscher-Ohlin model is an economic theory that proposes that countries export what they can most efficiently and plentifully produce.

The model emphasizes the export of goods requiring factors of production that a country has in abundance. It also emphasizes the import of goods that a nation cannot produce as efficiently. It takes the position that countries should ideally export materials and resources of which they have an excess, while proportionately importing those resources they need.

Therefore in regard to the question above,

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Hence the answer is the third option, Labour, Labour intensive

5 0

3 years ago