In the demand-withdraw interaction pattern, the person who asks for the change is the

Make a case that development economics might be merely a combination of all the other subfields of economics, only applied to lo

Alina [70]

Answer:

Case explained below

Explanation:

Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, either through health, education and workplace conditions, whether through public or private channels.

Development economics must encompass the study of institutional, political, and social as well as economic mechanisms for modernizing an economy while eliminating absolute poverty and transforming states of mind as well as physical condition.

7 0

4 years ago

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

Inessa05 [86]

Answer:

Overapplied overhead= $16,000

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 340,000 / 170,000

Predetermined manufacturing overhead rate= $2 per direct labor dollar

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2*192,000

Allocated MOH= $384,000

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 368,000 - 384,000

Overapplied overhead= $16,000

7 0

3 years ago

Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm di

kiruha [24]

Answer:

Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm discovers a technology that makes its wheat taste better and have fewer calories than all other wheat offered in the market, the wheat market would become less competitive because the products would no longer be similar in the wheat market- Option c.

Explanation:

Option c is the correct answer- the products would no longer be similar in the wheat market, the reason being that people with different taste preferences would prefer either of the two kinds of wheat available in the market, therefore making them less concentrated.

3 0

3 years ago

Read 2 more answers

Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning operating asse

Arada [10]

Answer:

e.0.39

Explanation:

The computation of the atlas margin for the last year is given below:

atlas margin for last year is

= operating income ÷ sales

= $92,000 ÷ $235,000

= 0.39

hence the atlas margin for the last year is 0.39

Therefore the correct option is e

And, the above formula should be used for the same

7 0

3 years ago

Qriosity inc. comes out with a new antivirus program and prices it at half price to attract buyers. the company is using _______

Talja [164]

The company is using market-penetration pricing.

6 0

4 years ago