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3 years ago

What is a main problem with determining the social benefits of a public good like a community fireworks show?

1 answer:

8 0

The main problem will arise when it has to be with converting the public good to numbers where it can be interpreted and studied. The number of people can also be something difficult to deal with because it deppends on the distance of the people seeing the fireworks show and if the distance is ok for the number of people looking at the fireworks

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Consumers who refuse to sacrifice style, but achieve it on a budget are called ________.

MaRussiya [10]

Consumers who refuse to sacrifice style, but achieve it on a budget are called frugalistas.
Many people buy things on sales like christmas sales, black friday sales because on these sales all thing they buy are on their budget and if they see style and fashion, brand etc it will cost them too much so these consumers are known as frugalistas.

4 0

4 years ago

A newsvendor orders the quantity that maximizes expected profit for two products, X and Y. The critical ratio for both products

Evgen [1.6K]

Answer:

Correct answer is (A)

Explanation:

Product X because it has less certain demand.

Product X has a higher standard deviation of demand, its optimal order quantity is greater given the same mean and critical ratio.

3 0

3 years ago

Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Depar

liq [111]

Answer:

Equivalent units of materials, labor, and overhead

Materials

Units in Ending Work in Progress (2,600 × 80%) = 2,080

Labor

Units in Ending Work in Progress (2,600 × 60%) = 1,560

Overhead

Units in Ending Work in Progress (2,600 × 60%) = 1,560

Cost of ending work in process inventory for materials, labor, overhead

Materials

Cost = Equivalent units × unit cost

= 2,080 × $ 13.70

= $28,496

Labor

Cost = Equivalent units × unit cost

= 1,560 × $4.70

= $7,332

Overheads

Cost = Equivalent units × unit cost

= 1,560 × $ 7.40

= $11,544

Cost of the units transferred to the next department

Materials = $28,496

Labour = $7,332

Overheads = $11,544

Total = $47,372

Cost reconciliation for January

INPUTS

Beginning Cost + Cost Added $720,752

Total $720,752

OUTPUT

Ending Work in Process $47,372

Completed and Transferred ( 26,100 × 25.80) $673,380

Total $720,752

3 0

3 years ago

Current Position Analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal y

weqwewe [10]

Answer:

a. net working capital (current year) = $1,170,000

net working capital (previous year) = $800,000

b. current ratio (current year) = 2.3

current ratio (previous year) = 2

c. quick ratio (current year) = 1.91

quick ratio (previous year) = 1.66

Explanation:

net working capital = current assets - current liabilities

current assets = $2,070,000, $1,600,000

current liabilities = $900,000, $800,000

net working capital (current year) = $2,070,000 - $900,000 = $1,170,000

net working capital (previous year) = $1,600,000 - $800,000 = $800,000

current ratio = current assets / current liabilities

current ratio (current year) = $2,070,000 / $900,000 = 2.3

current ratio (previous year) = $1,600,000 / $800,000 = 2

quick ratio = (current assets - inventory) / current liabilities

inventory = $351,900, $272,000

quick ratio (current year) = ($2,070,000 - $351,900) / $900,000 = 1.91

quick ratio (previous year) = ($1,600,000 - $272,000) / $800,000 = 1.66

8 0

3 years ago

The term xenophobia can best be defined as:

Crank

The best answer is A

3 0

4 years ago

Read 2 more answers