Answer:
"$2,500" is the appropriate answer.
Explanation:
The question given seems to be incomplete. Below there is a attachment of full question is provided.
The given values are:
Plywood's price,
= $6 per sheet
Price falls,
= $4
Now,
At price $6, the consumer surplus will be:
= 
= 
= 
($)
When price falls, the consumer surplus will be:
= 
= 
= 
($)
Hence,
The increase in consumer surplus will be:
= 
= 
($)
Answer:
Fiscal policy is the adjustment of tax rate and government spending that is used to handle current economic situation.
There are several of criticism that usually found on fiscal policies.
- Time Lags.
The effect of fiscal policies could only be felt years after the policies are made. Often times, this goes unnoticed by the citizens of the country, making it look like that the government took no action to handle their economic issues.
- Strengthening foreign influence
One of the things that the government can do to reduce the inflation is by selling government bonds to the public. These bonds can be bought by companies from another countries. This will strengthen that country's influence over US economy.
- It could create a budget deficit for the next government officials.
Government in United States were reshuffled between 2-4 years. While the effect of fiscal policies could need more than 10 years before it actually can be felt. Sometimes, fiscal policies taken by previous government could create a deficit that had to be handled by the next government after the election.
Answer:
Particulars Amount
Net sales $29,865
Cost of goods sold <u>$17,820</u>
Gross profit $12,045
Selling, gen & admin exp. $1,710 (1,500+210)
Operating Expenses <u>$1,700</u>
Operating Income $15,455
Interest Expenses ($1,400)
Interest Revenue <u>$160 </u>
Income before tax $14,215
Income tax expenses <u>$2,630</u>
Net Income <u>$11,585</u>
Answer:
D. All of these answer choices are correct
Explanation:
Use Accounting Equation
Events: Assets = Equity + Liabilities
Provided Services +45,500 +45,500
Collection from customers -38,000
+38,000
Expenses on Account -37,000 +37,000
Payment against payable <u>-32,400</u> <u> </u> <u>-32,400</u>
Net Impact <u>13,100</u> <u>8500</u> <u>4600</u>
Hence, It is proved that Assets, equity and liabilities are increased.
Answer:
B
Explanation:
The flat fee paid for the train represents sunk cost. sunk cost is cost that is incurred and cannot be recovered. it should not be considered when making future decisions
You value getting to work early, the Uber is faster, so you should take the uber
