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4 years ago

How does your income affect other aspects of your lifestyle?

Business

1 answer:

Rina8888 [55]4 years ago

7 0

Answer:

<u><em>please mark brainliest!</em></u>

Explanation:

More income may mean more stress and less fun, other studies have associated higher incomes with higher levels of stress, increased likelihood of divorce, and less enjoyment of small activities.

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Suppose for every dollar change in household wealth, consumption expenditures change by $0.05. If real household wealth declin

Crazy boy [7]

Answer:

B. Minus 2.63%

Explanation:

Increase in consumption = Change in consumption × Household wealth

= $0.05 × $45billion

= $2.25billion

Total output = Potential GDP ÷ Multiplier effect

= $120 billion ÷ 1.4

= $85.71

Total change in output = Increase in consumption ÷ Total output

= $2.25 ÷ $85.71

= $0.0263 or 2.63%

8 0

3 years ago

Eclipse Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential motor, through t

stiv31 [10]

Answer:

A. Commercial 540

Residential 360

B. Commercial 585

Residential 390

Explanation:

a) Calculation to Determine the per-unit factory overhead allocated to the commercial and residential motors .

First step is to calculate the Plantwide overhead rate using this formula

Plantwide overhead rate =Estimated overhead /Esimated machine hours

Let plug in the formula

Plantwide overhead rate = 1080000/9000

Plantwide overhead rate = $ 120 per MH

Now let Determine the per-unit factory overhead allocated to the commercial and residential motors

Using this formula

Per -unit factory overhead allocated=Actual MH per unit *Plantwide overhead rate

Let plug in the formula

Per -unit factory overhead allocated to COMMERCIAL=4.5 dmh*120

Per -unit factory overhead allocated to COMMERCIAL=540

Per -unit factory overhead allocated to RESIDENTIAL=3.0 dmh*120

Per -unit factory overhead allocated to RESIDENTIAL=360

Therefore the per-unit factory overhead allocated to the commercial and residential motors under the single plantwide factory overhead rate method will be:

Commercial 540

Residential 360

b. Calculation to Determine the per-unit factory overhead allocated to the commercial and residential motors

First step is to calculate the Departmental overhead rate

ASSEMBLY TESTING

Estimated overhead 280,000 800,000

÷Estimated machine hours each department 4,000 5,000

=Departmental overhead rate 70 160

Now calculation the per-unit factory overhead allocated to the commercial and residential motors

COMMERCIAL RESIDENTIAL

Assembly 1.5 dmh*70=105 1.0 dmh*70=70

Testing 3.0*160= 480 2.0*160= 320

Per -unit factory overhead allocated 585 390

(105+480=585)

(70+320=390)

Therefore the per-unit factory overhead allocated to the commercial and residential motors under the multiple production department factory overhead rate method will be:

Commercial 585

Residential 390

5 0

3 years ago

If, for a given percentage increase in price, quantity demanded falls by a proportionately smaller percentage, then demand is:.

mixas84 [53]

A demand is relatively inelastic if for an increase in price, the quantity demanded falls by a proportionately smaller percentage.

<h3>What is a relatively inelastic demand?</h3>

A relatively inelastic demand refers to a when the percentage change produced in demand is <u>less</u> than the percentage change in the price of a product.

In conclusion, the inelastic demand are often seen in most essential goods.

Read more about inelastic demand

<em>brainly.com/question/5078326</em>

6 0

2 years ago

Dayton Corporation began the current year with a retained earnings balance of $18,180. During the year, the company corrected an

andreyandreev [35.5K]

Answer:

$24,431

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

If the company failed to record a depreciation expense of $3,686 on equipment, the retained earnings would have been overstated as a result of the overstatement of the net income.

the movement in the retained earnings may be expressed as

opening balance + net income - omitted expense - dividend declared = closing balance

hence the closing balance

= $18,180 - $3,686 +$14,406 - $4,469

= $24,431

3 0

3 years ago

Trudy is Jocelyn's friend. Trudy looks after Jocelyn's four-year-old son during the day so Jocelyn can go to work. During the ye

Burka [1]

The answer is $34,990

3 0

4 years ago