Answer:
Residents (people's) reaction to Incentives
Explanation:
An incentive represents something, an action or a law that causes people to act or change their behaviour about something at a particular time. Basically, incentives work by making rewards available to individuals who change their behaviour on a targeted issue.
Usually, since people rationally compare the costs and benefits of their actions, incentives gives them the opportunity to raise their perception of this costs and benefits and also induces them to respond.
Florida increases the tax on alcoholic beverages, the people still see the benefits of taking alcohol but not at the increased, the reaction therefore, is to purchase in surrounding states where they are still cheaper without a tax increase.
It should be noted from the Florida example that the reaction of people to incentives can both be negative and positive. This example shows a negative response as a result of raised costs when compared with benefits.
Answer:
Since 20% of the goods of the next quarter need to be produced beforehand in the second quarters start there will already be a starting inventory of (0.2*26,000)=5,200
This means that in the second quarter to meet the the sales (26,000-5,200)=20,800 need to be produced
Also 20% of next quarters unit sales also needs to be produced in the second quarter so (0.2*30,000)=6000
Budgeted production in the 2nd quarter= 20,800+6,000=34,000
Explanation:
Answer:
$7,700
Explanation:
Equity of a company is Total Assets minus Total liabilities. Equity is the business worth for shareholders. For Crusoe Waterworks Company the equity will be the initial capital investment by Robin Crusoe plus any revenue received from the business operations.
The equity will be calculated by,
Equity = Capital Investment + Revenue - Expense
Equity = $5,000 + $3,400 - $700
<u>Answer:</u>
<em>Country B’s living standards will increase much more rapidly in the long run.
</em>
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<u>Explanation:</u>
An "economic growth rate" is the rate change in the estimation of the various services and the goods produced at a given time in a country during a particular timeframe when contrasted with a previous period. The monetary development rate is used to gauge the near wellbeing of an economy after some time. The numbers are typically gathered and announced quarterly and annually. The financial development rate is followed after some time as a marker of the general heading of a country's economy.
Answer:
D. Corn is not used in the production of other goods.
Explanation:
D is the only option that can be an argument for the total value of the corn produced to be included as corn for the same year in the GDP.
This is due to the fact that only the final production is recorded in the GDP, this means that no goods are registered that are going to be part of other productive processes (generally raw materials) since double accounting would be incurred.
If for example, corn were part of another productive process and this productive process begins next year, that part of the corn used to produce that good would be included in the GDP of the year in which the product will be produced (the one that corn is used in the production).
This means that the lobbyist can only rely on option D (include all the value of corn for the year in which it was produced) if in this country the corn is not part of another productive process.
