Answer:
The answer is A
Explanation:
Taxes on goods with INELASTIC demand curves will tend to raise more tax revenue for the government than taxes on goods with ELASTIC.
Goods with inelastic demand are insensitive to price. An increase price of the goods for example from an increase in tax on the goods will have no significant effect in the quantity demanded. Consumers will still buy it with an higher. So taxing this goods is a good source of revenue for the government.
Whereas goods with elastic demand are very sensitive to rice. Any slight increase in price will result in a significant decrease in quantity demanded. So government increasing tax on this good will be bad for its tax revenue because consumers won't be it
Answer:
B) overt branding practices
Explanation:
Generation Y is the group of people who were born between 1990s to early 2000s. Probably most commonly known as millennials.
Statistics shown that when it come to choosing a product, millennial tend to choose the individuals that they can trust/admire rather than overt branding practices. This is why online influencers market is really booming among this demographic.
On top of that ., They value the type of advertisement that can objectively define the negative and positive characteristics of a certain product rather than advertising it as if it's 'the best product ever' like commonly done by most companies in the past.
Answer:
Standard price= $6.1
Explanation:
Giving the following information:
The quantity of direct materials used 3,800 lbs. Actual unit price of direct materials $6 per lb. Units of finished product manufactured 1,820 units Standard direct materials per unit of finished product 2 lbs.
Direct materials quantity variance—unfavorable $976 Direct materials price variance—favorable $380.
Direct material price variance= (standard price - actual price)*actual quantity
380= (SP - 6)3,800
6.1= standard price
Direct material quantity variance= (standard quantity - actual quantity)*standard price
976= (1820*2 - 3,800)*SP
6.1= standard price
Answer:
- <em><u>C. Drive at the posted speed limit</u></em>
Explanation:
The answer choices for this question are:
- A. Keep alert and watch out for construction barrels or cones
- B. Slow down even if you don't think you'll hit a road worker
- C. Drive at the posted speed limit
- D. Keep as much distance as you can while navigating around them
Since the conditions of the road are not the best, you should drive below the posted speed of limit.
The only presence of workers on the road represent a risk for them and for you.
The number of lanes are reduced, the road could present potholes, dirt, stones, or even some substances that make the pavement slippery. You could not have good visibility.
All those risks make that you have to be extremely careful, reduce your speed, lower than than the posted speed limit.
Thus, you should:
- A. Keep alert and watch out for construction barrels or cones
- B. Slow down even if you don't think you'll hit a road worker
- C. <u>NOT </u>drive at the posted speed limit
- D. Keep as much distance as you can while navigating around them
An example of real-world cases where Histogram, Pareto Analysis and others mentioned tools in the question can be used is A Report from Microsoft which states that " that of 80% Crashes that occurs in Windows is due to the 0.4 part of the detected bugs in the whole system .
<h3>What are the usefulness of the tools like
Histogram, Pareto Analysis?</h3>
Pareto analysis serves as one that stand on the premised that to achieve the benefit worth 80% of a project, one would need to do at least the 20% of the work.
Histogram on the other hand is a graphing tool which is s tool like impact matrix and can be used to give the summary of a data.
Hence, with the above tools , some of real word problems can be analyzed.
Learn more about Pareto Analysis on:
brainly.com/question/21326967
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