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3 years ago

19. Who among the following is not covered under the Occupational Safety and Health Act of 1970?

Business

1 answer:

Alborosie3 years ago

8 0

Answer:

A farmer with eight employees working for him.

Explanation:

Occupational Safety and Health Act of 1970 is a federal law concerned with occupational health and safety of workers in the private sector and in federal government.

It states that an employer must provide a working environment for his workers that is safe. For example protection from toxic chemicals, thermal stress, and unsanitary conditions.

People not protected by the act include self employed people, workers in small family farms, and workers in an industry under a seperate federal agency.

So a farmer with eight employees working for him is not covered.

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. Tiger Mfg. owns a manufacturing facility that is currently sitting idle. The facility is located on a piece of land that origi

N76 [4]

Answer: $1,200,000

Explanation:

The firm should include $1,200,000 as the cost of the Manufacturing facility for a new project in it's analysis.

This is because $1,200,000 is the opportunity cost of not selling the facility. The old costs that were incurred for the land and the facility are to be considered sunk costs as they have already been incurred and the only relevant cost now is what the market will pay for the facility which is $1,200,000.

4 0

3 years ago

If the economy is initially at long-run equilibrium and aggregate demand declines, then in the long run the price level

torisob [31]

Answer:

(D) is the same and output is lower than in the original long-run equilibrium.

Explanation:

In the long term the prices are flexible. They adapt to the new situation of a decrease in the demand. This is consistent with with a lower output, consecuences of the decreasing in the demand.

7 0

3 years ago

Each year, the U.S. Army shoots an estimated 200 million rounds of lead bullets at target practice areas across the United State

Shkiper50 [21]

Answer:

SELF REGULATION

Explanation:

Each year the US Army shoots an estimated 200 million rounds of lead bullets at from ... an estimated 200 million rounds of lead bullets at target practice areas across the United States. Pentagon officials, in response to environmentalists' concerns over lead poisoning in the soil, have invested over $12 million to develop

3 0

3 years ago

Marks Consulting purchased equipment costing $45,000 on January 1, Year 1. The equipment is estimated to have a salvage value of

Tasya [4]

Answer:

B) Debit to accumulated depreciation for $22,500.

Explanation:

As for the information provided,

Depreciation under straight line method for each year = ($45,000 - $5,000)/8 = $5,000 for each year.

Depreciation for 4 years = $5,000 $\times$ 4 = $20,000

Depreciation in 5th year for 6 months = $5,000/2 = $2,500

Total depreciation till 1 July Year 5 = $20,000 + $2,500 = $22,500

Carrying value of equipment in books as on date of sale = $45,000 - $22,500 = $22,500

Sale price = $20,000

Profit or loss on sale of equipment = $20,000 - $22,500 = - $2,500

So therefore, there is loss of $2,500

Thus, option c and option d are invalid.

Further cash received on sale is debited and not credited thus, option a is also invalid.

As the total accumulated depreciation = $22,500

The correct entry will include debit to accumulated depreciation of $22,500.

Thus, option b is correct.

6 0

3 years ago

g Two countries produce bananas and sugar. In Country X each worker in a one-day period can produce either 15.4 pounds of banana

faltersainse [42]

Answer:

country X will export 27 pounds of Bananas for 4.21 pounds of sugars

Explanation:

For country X

1 labor period = 15.4 pounds of bananas

1 labor period = 2.4 pounds of sugar

next calculate opportunity costs

opportunity cost of 1 pound of Banana = 2.4 / 15.4 = 0.1558

opportunity cost of 1 pound of sugar = 15.4 / 2.4 = 6.4167

For country Y

1 labor period = 8.7 pounds of bananas

1 labor period = 3.1 pounds of sugar

opportunity cost of 1 pound of banana = 3.1 / 8.7 = 0.3563

opportunity cost of 1 pound of sugar = 8.7 / 3.1 = 2.8064

when the opportunity costs are compared

Country X has a lower opportunity cost for the production of banana while

Country Y has a lower opportunity cost for the production of sugar

Hence country X will export Banana

I pound of Banana will be exported for 0.1558 sugars

i.e. 27 pounds of Bananas will exchanged for ( 27 * 0.1558 ) sugars

27 pounds of Bananas = 4.21 pounds of sugars

7 0

3 years ago