Explain why shortages and surpluses are not temporary when price controls are used

A person starts her own business after quitting a job in which she made $75,000 a year. Expenses include $100,000 for wages and

romanna [79]

Explicit costs are business expenses that are easily identifiable and can be accounted for.

1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000

100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.

5 0

3 years ago

Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of u

LenKa [72]

Answer:

SORRY bro i really need the points

Explanation:

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8 0

3 years ago

_____ is a tort in which the presumption of negligence arises because the defendant was in exclusive control of the situation,

Lina20 [59]

Answer:

Res ipsa loquitur

Explanation:

_____ is a tort in which the presumption of negligence arises because the defendant was in exclusive control of the situation, and the plaintiff would not have suffered injury but for someone's negligence.

Res ipsa loquitur is a doctrine in law that one can presume the negligence of a defendant when the facts are glaring.The doctrine has primarily required that a defendant have exclusive power over the occurrence of an injury. negligence could result from

1. an actual causal connection between the defendant's conduct and the resulting harm; 2 a duty of care owed by the defendant to the plaintiff; 3 a breach of that duty;

5 0

3 years ago

You purchase a bond with an invoice price of $1,080. The bond has a coupon rate of 9.6 percent, semiannual coupons, and a par va

zhuklara [117]

Answer:

$1059.98

Explanation:

To determine the clean price, we have to first find the accrued interest.

Accrued interest = (coupon rate × par value/2) × period (months to next coupon date/12)

accrued interest = $96/2 x 5/12

accrued interest = $48 × 0.417

= $20.016

Our dirty price = $1080

clean price = dirty price - accrued interest

clean price = $ (1080 - 20.016)

Clean price = $1059.98

6 0

3 years ago

What is the largest source of revenue in california?

MArishka [77]

The three largest sources of revenue are personal income taxes, sales and use taxes, and corporate income taxes (in that order).

8 0

3 years ago