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2 years ago

Suppose there are only two types of goods

1 answer:

4 0

If there were only two types of goods besides money, then money wouldn’t be the only thing that makes the world go round as they say. We would rely on these two things to much and eventually I’m guessing the supply of these goods would go down because of how dependent we would be to it.

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Angie’s Bake Shop makes birthday chocolate chip cookies that cost $3 each. Angie expects that 12% of the cookies will crack and

mestny [16]

Answer:

Price per cookie $5.5

Explanation:

The cost per cookies inclusive of wastage

$3× 100/(100-12)

=$3.409

Total cost for 150 units

= 150× 43.409

= $511.36

Total sales value for 150 units

= $511.36 + (60% × 511.36)

= $818.1818

Selling price per unit

=$818.18/150 units

= $5.5

4 0

3 years ago

Should protesting be allowed at Biden’s inauguration?

Fudgin [204]

Answer:

Explanation:

No, He deserves a peaceful inauguration.

3 0

2 years ago

416,000 people each receive an average refund of $3,600, based on an interest rate of 3 percent, what would be the lost annual i

victus00 [196]

Answer:

$44,928,000

Explanation:

The fact that 416,000 received a refund of $3,600 each means that the tax authority would lose the interest income that could have been generated on the total refund amount based on a 3% interest rate of return.

Lost annual income=number of people who got refund*average refund per person*interest rate of return

number of people who got refund=416000

average refund per person=$3,600

the interest rate of return=3%

Lost annual income=416,000*$3,600*3%

Lost annual income=$44,928,000

6 0

2 years ago

A factory produces short-sleeved and long-sleeved shirts. A short-sleeved shirt requires 30 minutes of labor, a long-sleeved shi

Orlov [11]

Answer:

Profit= $5200

Explanation:

let the short sleeved shirt be x and long sleeved shirt be y then according to the given conditions 30x+45y=240(60) minutes---A

also x+y=400------B

multiplying b with 30 gives

30x+30y=12000------C

subtracting C from A 15y= 2400

y= 160 long sleeved shirts and x= 240 short sleeved shirts are made

Profits= 240*11+160*16=$5200

6 0

3 years ago

Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock. The board of directors o

vlabodo [156]

Answer:

The amount of dividends paid to common stockholders in 2021 $18000.

Explanation:

The cumulative preferred stock is the stock that accumulates dividends when the dividends are partially or not paid at all in a certain year. The dividends must be paid in the future.

The common stock holders are paid after the preferred stockholders are paid.

The preferred stock dividend per year = 400000 * 0.06 = $24000 per year

As the cash dividends paid in 2019 and 2020 are $20000 each,

The dividend outstanding on preferred stocks for 2019 is = 24000 - 20000 = $4000

Similarly, the dividends outstanding on preferred stocks for 2020 is = 24000 - 20000 = $4000

The total dividends outstanding at start of 2021 = 4000 + 4000 = $8000

Preferred dividend for 2021 = 24000

Total dividend on preferred stock = 24000 + 8000 = $32000

The amount of dividends that common stock holders will receive in 2021 = 50000 - 32000 = $18000

4 0

2 years ago