Answer: Please refer to Explanation
Explanation:
(a) A rise in the average price of inputs
DECREASE because it is now less profitable for suppliers so they will produce less.
(b) An increase in worker productivity;
INCREASE because total cost is reduced as more goods are being produced per cost.
(c) Government antipollution regulations become stricter.
DECREASE (unless the increase in antipollution device production outweighs the decline in production caused by the increased cost of the regulations)
(d) A new subsidy program is enacted for new business investment in productive equipment.
INCREASE as the subsidy program will lower the cost of inputs so Suppliers will produce more goods.
(e) Energy prices decline.
INCREASE as there again would be Lower Input Costs thus pushing Suppliers to produce more.
The government’s budget is balanced when the Revenue and expenditures are sitting on a balance at the same level. Option B is correct.
<h3>What is government budget?</h3>
A government budget is a document created by the government or the other political institution that outlines anticipated tax revenues and proposed expenditure for the new financial year.
The budget is introduced to the legislature in most parliamentary systems, and it typically involves authorization.
Provided that the box dimensions symbolize the lengths of a state's revenues and expenditures, and that the two sizes are equivalent, the budget is called the balanced budget, as Revenue=Expenditure.
If in the second condition, if the two sizes are not equivalent then the budget would be called as the unbalanced budget, and then deficit will occur if the expenditure > revenue and the Surplus will make if revenue > expenditure.
Therefore, option B is correct.
Learn more about the budget, refer to:
Answer:
Benefits
Explanation:
Both existing and potential customers attached the value of a product to its perceived benefits rather than its technical features.
When selling a product, businesses should focus more on communicating the benefits of a commodity than its features. Customers are more concerned with the advantages they stand to gain by consuming goods or services.
Focusing on benefits allows a business to set high prices and differentiate the product from its competitors. Communicating benefits creates a psychological conviction on customers, making them want to buy the product, thereby increasing sales.
Answer:
The correct option is <u>b. irrelevant cost</u>.
Explanation:
An irrelevant cost can be described as an expense that will not be affected by the decisions of thee management. Therefore, irrelevant costs are those that will not change if you choose one option over another in the future.
Therefore, the $4,000 of annual operating costs that are common to both the old and the new machine are an example of irrelevant cost. This is because the 4,000 of annual operating costs will not be affected or will still be incurred whether Jarett Motors managment decide to keep its existing car washing machine or purchase a new one.
Therefore, the correct option is <u>b. irrelevant cost</u>.
