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3 years ago

Derived demand means the demand for industrial products and services is driven by, or derived, from: Group of answer choices

Business

1 answer:

SIZIF [17.4K]3 years ago

5 0

Answer:

The correct answer is letter "D": demand for consumer goods and services.

Explanation:

Derived Demand refers to the demand proceeding from intermediaries of certain goods or services. This type of demand is typically associated with requests for products (tangibles and intangibles) that have the capacity of producing goods or services.

Thus, <em>the derived demand for industrial products is derived by the demand of the final consumers who are in charge of manufacturing the goods or rendering the service</em>.

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On November 2, 2020, Ellie purchased and placed in service a building that cost $5,600,000. An appraisal determined that 15% of

tia_tia [17]

Answer:

Ellie

A. The property is classified for 27.5-year MACRS since more than 80% of the gross rental income emanates from residential dwellings.

B. The life of the asset for this type of MACRS is 27.5 years.

C. Ellie's cost recovery for 2020/2018 is $28,848.

Explanation:

a) Data and Calculations:

Cost of building and land = $5,600,000

Appraised cost of land = $840,000 ($5,600,000 * 15%)

Appraised cost of building = $4,760,000 ( ($5,600,000 * 85%)

Rent from the bottom floor leased to a retail business = $80,000

Rent from the other floors as rental apartments = $350,000

Total value of rental income = $430,000

Retail business % of rental income = 19%

Residential apartments % of rental income = 81%

Cost recovery = $173,091 ($4,760,000/27.5) per annum

For 2 months, the cost recovery = $28,848 ($173,091 * 2/12)

8 0

3 years ago

an efficiency wage is a: system of tying wage rates to overall factory efficiency rather than personal productivity. higher wage

krok68 [10]

An efficiency wage is a higher wage paid to reward workers who show greater productivity. Option D is correct.

<h3>What is the Efficiency wage?</h3>

Wages provided to employees over the minimum wage in order to retain a trained and efficient staff are referred to as efficiency wages. Adam Smith defined a type of pay disparity in the 18th century, in which workers in some businesses are paid more than others based on the level of trustworthiness necessary.

Employers establish efficiency salaries above the equilibrium wage rate as an incentive for better employee performance. An efficiency wage is a higher wage provided to employees who are more productive.

Therefore, option D is correct.

Learn more about the efficiency wage, refer to:

brainly.com/question/27960552

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1 year ago

"Domingo has a health insurance policy with the following provisions: $500 deductible, $50 copay, and 80/20 coinsurance provisio

Mila [183]

Answer:

$1,150

Explanation:

Domingo first has to pay the deductible ($500), then the copay ($50) and finally he must pay for 20% of the medical expenses resulting from the accident (= $3,000 x 20% = $600). So Domingo's total expenses will be = $500 + $50 + $600 = $1,150

The deductible is a fixed amount that needs to be paid by the insured before the insurance company starts to pay its share of medical bills.

The copay is a fixed amount paid for each health care service provided.

The 80/20 provisions means that the insured is responsible for paying 20% of the medical expenses.

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3 years ago

What is the best way to spot a profitable ICO?

maksim [4K]

The world of ICO’s is a hectic one; new projects are announced every day and it’s getting harder to separate brilliant ideas from cleverly designed frauds. However, there are special ICO listing sites, which provide ratings and in-depth reviews of the hottest ICOs around. There several of these sites, but I personally prefer ICOAnatomy.com, as its easy to navigate and has a wealth of crypto-related info.

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4 years ago

Choose the correct statement.

grandymaker [24]

Answer:

D) When price is lowered to sell one more unit, the lower price results in a revenue loss and the increased quantity sold results in a revenue gain.

When you offer a sales discount, you are losing revenue since marginal revenue is lower than price, but at the same time if the marginal revenue is ≥ to marginal cost, then your profit and total revenue is increasing.

Explanation:

the other statements are false because:

A. Marginal revenue equals total revenue divided by quantity sold. FALSE, MARGINAL REVENUE IS THE REVENUE GENERATED BY SELLING ONE ADDITIONAL UNIT.
B. For a monopoly, marginal revenue equals price. FALSE, FOR A MONOPOLY MARGINAL REVENUE IS LOWER THAN PRICE.
C. For a monopoly, total revenue equals marginal revenue multiplied by the quantity sold. FALSE, TOTAL REVENUE = PRICE X QUANTITY SOLD

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3 years ago