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vodka [1.7K]
3 years ago
13

Why do interest groups form political action committees (pacs)? pacs are formed to influence government policies. pacs are forme

d to hire lobbyists to try to influence members of the state legislature. pacs are formed by interest groups to donate campaign funds and support political candidates. pacs exist to counter the power of the business lobby in the state?
Business
1 answer:
schepotkina [342]3 years ago
5 0
C) PAC<span>s are formed by interest groups to donate campaign funds and support political candidates.

Political Action Committees are committees organized to donate money for a candidate's campaign. Interest groups usually support certain candidates in return for policies that will benefit the people apart of that interest group. To support the candidate, they form or join PACs in order to donate money to get that candidate elected.</span><span />
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produces decorative mailboxes. The​ company's average cost per unit is $ 23.43 when it produces 1 comma 400 mailboxes. Requireme
lianna [129]

Answer:

1) The total cost of production (TC) is $32,802.

2) The variable cost per unit is $9/unit.

3) Cost equation: TC(Q)=20,200+9Q

4) TC=$35,145

5) TC=$33,702

6) Difference=$1,443

The appropiate approach is using the cost function, because its differentiates the cost that are fixed and not dependant of the volume of production, and the variable cost, that are proportional to the quantity produced.

Explanation:

1) The total cost of production can be calculated as the product of the cost per unit ($23.43/unit) and the total ammount of units (1,400 units):

TC=c*Q=23.43*1,400=32,802

The total cost of production (TC) is $32,802.

2) The fixed cost (FC) are $20,202, so the variable cost are:

VC=TC-FC=32,802-20,202=12,600

This is the variable cost for 1,400 mailboxes, so the unit variable cost is:

vc=VC/Q=12,600/1,400=9

The variable cost per unit is $9/unit.

3) The equation of cost can be written as:

TC(Q)=20,200+9Q

4) If it uses the average cost tot predict the cost of 1,500 mailboxes, he will get:

TC=23.43*1,500=35,145

5) If he uses the cost function, he will get

TC=20,202+9*1500=20,202+13,500=33,702

6) The dollar difference between the two estimates is:

TC_4-TC_5=35,145-33,702=1,443

The appropiate approach is using the cost function, because its differentiates the cost that are fixed and not dependant of the volume of production, and the variable cost, that are proportional to the quantity produced.

The average cost per unit is not constant for every quantity and the error will increase if the quantity is much different from 1,300 units.

3 0
2 years ago
Down payment assistance programs offer grants and affordable loans to help offset the upfront cost of homeownership
Law Incorporation [45]
Homebuyer programs provide access to down payment funds to help more families take advantage of these record low-interest rates now. 3. Helps offset FHA premiums and mortgage insurance. Over the years, FHA has been the primary place for many first-time homebuyers to get a low-cost, low down payment loan.
8 0
3 years ago
Read 2 more answers
If a person has money invested at 9 percent and the rate of inflation is 5 percent, how much return are they actually making on
makvit [3.9K]

Answer:

1. An index determined by measuring the price of standard goods brought by urban consumers.

2. Producers raise prices to meet increased cost.

3.  Demand-pull theory.

4. It rises

5. 4 percent.

Explanation:

7 0
3 years ago
Read 2 more answers
Use the following items to determine the toata assets ,total liabilities , net worth , total cash inflows and total cash outflow
kicyunya [14]

Answer:

Determining the total assets, total liabilities, net worth, total cash inflows, and total cash outflows:

1. Total assets

Cash in checking account         $ 450

Savings account balance        $ 1,890  

Current value of automobile  $8,800  

Household possessions           3,400

Video equipment                  $ 2,350

Personal computer               $ 1,200

Value of stock investment        860

Total assets                         $18,950

2. Total liabilities

Rent for the month              $ 650

Balance of educational loan 2,160

Credit card balance             $ 235

Total liabilities                  $3,045

3. Net worth

Total assets                      $18,950

Total liabilities                   ($3,045)

Net worth                        $15,905

4. Total cash inflows

Monthly take-home salary $ 2,185

5. Total cash outflows

Spending for food                  $ 345

Telephone bill paid for month    65

Loan payment                             80

Auto insurance                     $ 230  

Payment for electricity               90

Lunches/parking at work     $ 180

Donations                                160  

Clothing purchase               $ 110

Restaurant spending             130

Total cash outflows         $1,390

Explanation:

a) Data and Calculations:

Rent for the month $ 650

Monthly take-home salary$ 2,185

Spending for food $ 345

Cash in checking account$ 450

Savings account balance $ 1,890

Balance of educational loan 2,160

Current value of automobile $8,800

Telephone bill paid for month 65

Credit card balance $ 235

Loan payment 80

Auto insurance $ 230

Household possessions 3,400

Video equipment $ 2,350

Payment for electricity 90

Lunches/parking at work $ 180

Donations 160

Personal computer $ 1,200

Value of stock investment 860

Clothing purchase $ 110

Restaurant spending 130

3 0
2 years ago
Charlie is thinking about starting a new business. The company would require $375,000 of assets, and it would be financed entire
anyanavicka [17]

Answer:

The income must be $43,125 to warrant starting the business

Explanation:

Given that:

  • ROE of 11.5%
  • The company would require $375,000 of assets, and it would be financed entirely with common stock, it is the equity

The formula of ROE : Net income / Equity

Therefore, Net income = ROE * Equity  

= 11.5% * $375,000

= $43,125

So the income must be $43,125 to warrant starting the business

Hope it will find you well.

8 0
3 years ago
Read 2 more answers
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