Answer:
b. Public Goods
Explanation:
Public Goods -
It is the type of goods and services , which each and every person can use , without any kind of restriction , is known as public goods .
These type of goods are considered to be non - rivalrous , i.e. , these goods do not reduce , irrespective of their usage .
And ,
are non - excludable , i.e. , these goods are open for all and some individual or group van not hold on to it .
The example of public goods are - public parks , sewer system , law enforcement etc .
Answer:
$81,000
Explanation:
The computation of the incremental profit (loss) from accepting the order is shown below:
Contribution per unit = $165 - $75
= $90
Now
Loss on contribution for giving up regular sales is
= $4,100 × 90
= $369,000
Now Incremental contribution for special order is
= ($135 - $75) × 7,500
= $450,000
So,
Incremental profit is
= $450,000 - $369,000
= $81,000
Answer:
The 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement
Explanation:
The non-collectible accounts expenses on its Year 2 income statement is shown below:
= Ending balance + write off balance - opening balance
= $6,000 + $7,200 - $3,900
=$9,300
The accounts receivable is not to be considered because we have to find out the uncollectible accounts expense, so the account receivable balance should not be taken in the computation part.
Hence, the 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement
Answer:
market share
Explanation:
The market share of a product or business is the portion of the total market that it controls. Market share is usually measured as a percentage of the total market's sales. To calculate market share you need to divide your product's total sales by the market's total sales.
In this case, for every $100 sold by the total coffee market in San Francisco, BruceCo sells $1.
Answer:
the income elasticity of bread is 20/39 and bread is an inferior good
