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3 years ago

An increase in government purchases shifts the aggregate demand curve to the right by an amount equal to

1 answer:

4 0

The shift will be equal to the increase in the amount multiplied by the spending multiplier. This multiplier is found by dividing (1 / marginal propensity to consume). The MPC is the value that shows how much of the new money injected into the economy will be spent by consumers and, thus, is the basis for the multiplier.

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Monthly sales are $530,000. Warranty costs are estimated at 5% of monthly sales. Warranties are honored with replacement produ

sashaice [31]

Answer:

C. Estimated warranty payable for $26,500.

Explanation:

The monthly sales are $530,000 and the warranty costs are 5% of monthly sales,

Therefore, Warranty costs will be = $530,000*5% = $26,500.

Now, we know that no defective products were returned during the current month, hence the other options in the questions are discarded and Estimated warranty payable is taken at the month end.

Thank buddy.

Good luck and Cheers.

8 0

3 years ago

What is one potential benefit of establishing trade barriers?

Nadya [2.5K]

Answer:

D)They provide domestic consumers with a wider variety of goods.

3 0

3 years ago

In nearly half the cases in which u.s. firms have requested protection from imports, one or more u.s. companies in the industry

victus00 [196]

The main reason is that they thought they could not only successfully battle international rivals, but could gain on weaker domestic competitors that failed to do so. This subject is related to mercantilism and one of the characteristics is the use of high import barriers and export subsidies.

3 0

3 years ago

Critically discuss two emotional / personal benifits that will motivate you to find a job

Marta_Voda [28]

Having a job not only helps people to earn money to live day by day but also have some benefits in the personal and emotional aspect.

7 0

3 years ago

Lightfoot Company sells its product for $55 per unit and has variable costs of $30 per unit. Total fixed costs are $25,000. Supp

soldi70 [24.7K]

Answer:

The Break-even point in units will increase by 250 units.

Explanation:

Giving the following information:

Fixed costs= $25,000

Selling price= $55

Unitary varaible cost= $30

First, we need to calculate the current break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 25,000 / 25

Break-even point in units= 1,000

Now, the new Break-even point in units:

Break-even point in units= 25,000 / (55 - 35)

Break-even point in units= 1,250

The Break-even point in units will increase by 250 units.

7 0

3 years ago