Answer:
Option (a) is correct.
Explanation:
When the government of United states provide subsidy to the Tobacco industries then there is a rise in the production of Tobacco because it will become cheaper for the firms to produce tobacco.
But these firms are not taking the proper steps for health related issues and even lobbying from health-related concerns.
If the congress repeals the tobacco firms subsidies then the cost of tobacco production increases because of the withdrawal of subsidies. Hence, the supply of tobacco decreases because of the lower level of output and therefore, this would shift the supply curve of tobacco firms leftwards.
This is only because of the higher cost of production.
Answer:
The correct answer is 8% annual rate of interest on the bonds.
Explanation:
The effective annual interest rate is 8%
Effective rate if interest (semi-annual) = (Effective interest / Outstanding Balance) x 100
Effective rate if interest (semi-annual) = (345,639 / 8,640,967) x 100
Effective rate if interest (semi-annual) = 0.04 x 100
Effective rate if interest (semi-annual) = 4%
The Effective Annual Rate of Interest = 4% x 2 = 8%
The answer that best completes this statement is THE JUST-WORLD PHENOMENON. This is the potential consequence wherein some people believe that wealthy people deserve to be robbed <span>because of their ill-gotten gains. When we say just-world phenomenon, this is similar to the idea of "karma" wherein it is believed that people face consequences that they deserve. So for the wealthy, due to their ill-gotten gains, they are deserving to be robbed as a form of karma and this is how a "just world" is being practiced. </span>
Answer:
1. Machine hours is the Constraints in the given case.
2. Evaluation of Products
Deluxe Regular
Sales Price $1,020 $560
Less: Direct Material $300 $90
Less: Direct Labor $88 $188
Less: Variable Manufacturing $264 $88
Overhead
Less: Variable Operating <u>$111
</u> <u>$65</u>
Expenses
Contribution Margin <u>$257</u> <u>$129
</u>
Contribution Margin as % 292.05% 68.62%
of Direct Labor cost
Conclusion: Hence it is better to produce Deluxe as it gives higher contribution margin as a % of direct labor cost
<u>Workings</u>
Contribution Margin as % of Direct Labor cost
Deluxe = 257/88% = 292.05%
Regular = 129 /188% = 68.62%
I will look at your profile and see if I can subscribe based on your content
