Answer:
Explanation:
Given
Required
Determine the Tax Multiplier (KT)
KT is calculated as follows;
Substitute 0.75 for MPC because MPC has changed from 0.65 to 0.75
Evaluate the denominator
Divide fractions
Hence, the tax multiplier is -3
Answer:
d. $275,200 decrease
Explanation:
Calculation to determine what The impact on Granfield's operating income for eliminating this business segment would be:
Using this formula
Impact on operating income =Saving in relevant fixed cost -loss of Contribution margin of backpack Division
Let plug in the formula
Impact on operating income=($529,000*40%)-($963,800-$477,000)
Impact on operating income=$211,600-$486800
Impact on operating income=$275,200 decrease
Therefore The impact on Granfield's operating income for eliminating this business segment would be:$275,200 decrease
Answer: documents in A-Z's possession relating to the contract.
Explanation:
In the law of common law jurisdictions, discovery is a procedure that occurs before the trial takes place. A party, in this case Motor Sports, can acquire documentation from the other party, which is A-Z Speed, by means of discovery devices. These documents can then serve as evidence of the terms of the contract that both parties agreed to, as well as the breach of said contract by one party (A-Z Speed).
Answer:
Money serves as a medium of exchange, as a store of value, and as a unit of account.
Answer:
Import quotaa
Explanation:
By import quota, we are talking about a type of trade restriction. This particular type of restriction in trades puts a limit on the number or quantity of a commodity that can be imported into a given country as a particular time. When such types of restrictions are put in place the makers of this type of commodity in this economy benefits.
In this question we can see that Pacific island nation would benefit given that there would be less import of the crop. the restriction on imports would make more buyers turn to them.
