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3 years ago

To enter into a convention management career one should have ________________.

1 answer:

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When an individual has the desire or will to enter in a conventional management career, the individual should have the skill of which he or she should have transferable skills in which is from a wide variety of hospitality areas as this is included with the convention management career.

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After economics class one day, your friend suggests that taxing food would be a good way to raise revenue because the demand for

Tamiku [17]

Answer:

The correct answer is letter "B": False.

Explanation:

Deadweight Loss is a term used in economics that explains the loss to society as a result of market inefficiencies. When supply and demand are out of equilibrium, markets are inefficient. Often, government policies can cause deadweight loss.

Taxes generate deadweight loss because the total price of a product, which includes tax, may be higher than the price that customers are willing to pay. <em>Thus, a tax on goods with elastic demand is likely to create more deadweight loss that taxes on foods with regular demand.</em>

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4 years ago

Brief Exercise 4-5 Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and insp

Anni [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The company identifies three activities in its manufacturing process: machine setups, machining, and inspections.

Machine setups:

Estimated annual overhead= $140,000

Cost driver= machine setups

Activity= 2,000 machine setups

Machining:

Estimated annual overhead= $240,000

Cost driver= machine hours

Activity= 24,000 machine hours

Insections:

Estimated annual overhead= $54,000

Cost driver= number of inspections

Activity= 1,200 inspections

To calculate the estimated manufacturing overhead rate we need to use the following formula:

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

Machine setup:

Estimated manufacturing overhead rate= 140,000/2,000= $70 per machine setup

Machining:

Estimated manufacturing overhead rate= 240,000/24,000= $10 per machine hour

Inspection:

Estimated manufacturing overhead rate= 54,000/1,200= $45 per inspection

3 0

4 years ago

2.5 million devide to 9 person are?

Elza [17]

277777.777778 is the answer

4 0

3 years ago

During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c

ahrayia [7]

Answer: price leadership

Explanation: Price leadership is a circumstance where one business, typically the dominant one in its market, sets prices that its rivals follow closely.

This business is typically the one with the minimum cost of production, thus being able to outperform the prices charged by any rival who tries to set their prices below the price range of the market leader.

Rivals could increase prices than the cost leader, but this would likely lead to lower share of the market unless rivals were able to distinguish their goods adequately.

Hence from the above we can conclude that the given case depicts price leadership strategy.

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3 years ago

Which action will be least helpful if you've been the victim of identity theft

sashaice [31]

The action that will be the least helpful if you've been the victim of identity theft is to withdraw your money from all account. You should report it to the law enforcement instead. Withdrawing all of your money from all account would more endanger your life. Hope this answers the question.

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3 years ago