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Gre4nikov [31]
3 years ago
15

Match each situation with the method of government intervention used to rectify it.

Business
2 answers:
Natali5045456 [20]3 years ago
5 0
1:People have too much money, and there is a danger of inflation. - <span>B contractionary fiscal policy
</span><span>
2:The GDP has fallen to an all-time low, and there is low demand for most goods. - </span><span>D:expansionary fiscal policy
</span><span>
3:Few farmers produce cotton because profits are at the equilibrium price. - </span><span>A:price floor
</span><span>
4:Prices of staple foods have shot up because of shortages after an earthquake. - </span>C:price ceiling
Aleks [24]3 years ago
5 0

People have too much money, and there is a danger of inflation. CONTRACTION FISCAL POLICY


The GDP has fallen to an all-time low, and there is low demand for most goods. EXPANSIONARY FISCAL POLICY


Few farmers produce cotton because profits are at the equilibrium price. PRICE FLOOR


Prices of staple foods have shot up because of shortages after an earthquake. PRICE CEILING



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uranmaximum [27]

Answer:

c. used to indicate where changes in technology and machinery need to be made

Explanation:

Standard Costs are established through past experiences and hence they can be used to control costs, and plan production schedules.

Changes in technology and machinery need to be made is part of perfomance management with a future outlook.

7 0
3 years ago
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Hamill Company purchased equipment on January 3rd, 2022, for $70,000. The equipment is expected to be used for four years and 12
Stels [109]

Answer:

Annual depreciation= $32,500

Explanation:

Giving the following information:

Purchase price= $70,000

Salvage value= $5,000

Useful life= 4 years

<u>To calculate the annual depreciation under the double-declining-balance method, we need to use the following formula:</u>

<u></u>

Annual depreciation= 2*[(book value)/estimated life (years)]

<u>2022:</u>

Annual depreciation= 2*[(70,000 - 5,000) / 4]

Annual depreciation= $32,500

5 0
3 years ago
Chrzan, Inc., manufactures and sells two products: Product E0 and Product N0. Data concerning the expected production of each pr
Molodets [167]

Answer:

Order size= $57.61 per machine hour

Explanation:

Giving the following information:

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8 0
3 years ago
Sixty percent of Company A’s employees are considered top performers. Fifty five percent of Company A’s employees are in a rigor
Yuri [45]
I don't think it will necessarily mean that.

if 60 % of company's A employees are top performers, it means that 40 % of them are not.
if all of that 40 % employees are the one that receive rigorous training programs, it mean that most of the employees in the training program are not top performers.

hope this helps

5 0
4 years ago
The principle that individuals and firms pick the activity level where the incremental benefit of that activity equals the incre
fgiga [73]

Answer:

Marginal principle

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Marginal principle is the principle that states that individuals and firms pick the activity level where the incremental benefit of that activity equals the incremental cost of that activity. Marginal principal in nutshell is study about economic decisions and effect of change in variable and its effect on other variable. Marginal principal focus on the additional variable like labor and its effect on productivity generated in terms of output. Marginal principal considers both marginal benefits and marginal cost. marginal principal is important concept in economics that direct the over all industries and their output because they consider the additional cost of resources and additional benefits from them. marginal principal takes into account the marginal cost of producing one unit and its benefits incurred in terms of productivity and output.

5 0
4 years ago
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