That statement is true
Hospital and health insurance is not a government requirement , which is why companies are not obligated to give it to their employers. In general, only large companies had enough money to provide their workers with hospital and health insurance, while Companies often cut out hospital and health insurance in order to increase their net profit.
Answer and Explanation:
The computation of the increase or decrease in the net income when Alternative B should be selected rather Alternative A is given below:
<u>Particulars Alternative A Alternative B</u>
Revenue $160,000 $180,000
Less cost -$100,000 $125,000
Net income $60,000 $55,000
If we choose alternative B so there would be decrease in the net income by $5,000
Answer:
B. firms will exit the industry
Explanation:
When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.
Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.
Answer:
You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.
Explanation:
- Contribution per unit = Price - Variable cost = 0.99 - 0.43 = 0.56
- Contribution per unit required=0.56 * (1+20%)=0.672
- New selling price required=Contribution+Variable cost=0.672+0.42=$1.092
Answer:
The correct answer is letter "C": an increase in the target rate of inflation.
Explanation:
According to the Aggregate Demand Formula (<em>Consumer Spending + Investment Spending + Government Spending + Exports-Imports</em>) changes in its curve will be caused by changes in the inflation rate. The fact that <em>the target increases</em> will produce the interest rate to decrease and, as a result, the output will move in the opposite direction.
