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3 years ago

A decrease in individual income taxes disposable income, which consumption spending.

Business

1 answer:

Marta_Voda [28]3 years ago

7 0

Answer:

A decrease in individual income taxes increase disposable income, which increases comsumption spending

Explanation:

In a classic economic model, people want to consume all of their income, but if consumers have other obligations (such as taxes), they paid them (obligations) first and the remain income is called disposable income. If these obligations decrease then the remaining income will increase (disposable income increases) and because people always want to consume, this increase in disposable income will traduce in an increase in consumption.

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Mikey W. Smitty, an emerging rapper, is getting ready to cut his first CD, called "Western Rap." He is looking for a production

Gekata [30.6K]

Answer:

(i) 900 CDs

(ii) Greater than; $1,650

Explanation:

(1) Break-event point will be when the contribution margin from total sales is equal to fixed costs,

Contribution Margin = Selling price - variable cost

= $(21.5 - 9.5)

= $12

Contribution Margin *Number of CDs sold = $10,800

Break-even point for Studio A = 10,800 ÷ 12

= 900 CDs

(2) Studio A would be more profitable when the extra profit earned from per unit sale of CD exceeds the extra fixed cost given in Studio A.

Extra Contribution margin in Studio A = $(12-10)

= $2

Extra Fixed cost in Studio A = $(10,800 - 7,500)

= $3,300

Studio A should be chosen if sales is greater than (3300/2) = $1,650.

4 0

3 years ago

True or False: Food Corp., a business with its headquarters and major operations in the United States of America, also has an of

mote1985 [20]

Answer: False

Explanation:

The Minimum Wages Law is simply referred to as a labour law which entails that employees should be paid a certain amount of minimum wage and shouldn't be paid below that.

We should note that the wages law are different for countries. Thereby the minimum wage law set in USA may be different from that of France.

Therefore, even if Food Corp.’s is subject to U.S. Federal minimum wage laws in its office in the U.S.A, it can't be subjected to U.S. Federal minimum wage laws in overseas in France.

Therefore, the answer is false.

7 0

3 years ago

How do fast-food restaurants rationalize the process of providing food to customers, according to Robin Leidner in Fast Food, Fa

Nostrana [21]

According to <em>Robin Leidner</em>, fast-food restaurants rationalize the process of providing food to customers by developing standardized scripts for employees to use when dealing with customers.

There are many advantages associated with the fact that fast-food chains develop standardized scripts for customer service, as this way, they ensure compliance and quality of processes.

Standardization in fast-food restaurants therefore ensures faster service, mechanization of processes and higher quality in food production, since production and service standards must be followed in any unit of a fast-food chain.

Learn more about standardization here:

brainly.com/question/8189591

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3 years ago

Badgersize Company has the following information for its Forming Department for the month of August.

sergiy2304 [10]

Question Completion:

Costs incurred in August:

Direct materials $154,000

Conversion costs $264,000

Answer:

Badgersize Company

Materials Conversion

a. Equivalent units 74,000 69,500

b. Cost per equivalent unit $3.162 $4.144

Explanation:

a) Data and Calculations:

Units Materials Conversion Total

Beginning WIP inventory 20,000 100% 20%

Units started August 54,000

Total units available 74,000

Transferred out 59,000

Ending WIP inventory 15,000 100% 70%

Cost of beginning WIP $80,000 $24,000 $104,000

Costs incurred in August 154,000 264,000 418,000

Total production costs $234,000 $288,000 $522,000

Equivalent unit Units Materials Conversion

Units transferred out 59,000 59,000 59,000

Ending WIP inventory 15,000 15,000 10,500

Equivalent units 74,000 69,500

Cost per equivalent unit

Total production costs $234,000 $288,000

Equivalent units 74,000 69,500

Cost per equivalent unit $3.162 $4.144

8 0

3 years ago

Which of the following would LEAST likely foster diversity in the workplace?

guajiro [1.7K]

Answer:

The correct answer is letter "A": changing the culture through diversity training education programs.

Explanation:

Boosting diversity at the workplace is an activity that mainly relies on the representatives of the Human Resources (HR) Department. They are in charge of recruiting and selecting the applicants that will be part of the institution based on their capabilities and expertise. Thus, HR representatives could promote the selection of different individuals from different ages, races, gender, ethnicity, and nationality, without preferring one or another, so the working environment will be diversified and the company can take advantage of the different backgrounds of those new hires.

Therefore, <em>training other employees could improve the understanding of other employees on dealing with workers different than them but this does not foster diversity in the workplace.</em>

6 0

3 years ago

A decrease in individual income taxes​ ________ disposable​ income, which​ ________ consumption spending.

A decrease in individual income taxes disposable income, which consumption spending.