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4 years ago

A government has started a public works program. The program uses tax

Business

1 answer:

andreyandreev [35.5K]4 years ago

3 0

Answer:

B. Reducing unemployment

Explanation:

The government, in this case, is using expansionary fiscal policies to create employment. Hiring people to build dams, repair roads, and install power lines leads to an increase in the government's spending in the economy. Consequently, a higher number of people will be working and earning. Increased earnings cause the aggregate demand to rise.

A reduction in business taxes reduces production costs. Businesses will be able to increase production, expand, and hire more workers when the cost of doing business is low.

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is the sum of all the values that customers exchange for the benefits of having or using a product or service.

snow_tiger [21]

Price. It is the sum of all values that buyers exchange for the benefits of having or using a good or service. can be defined very narrowly as the amount of money charged for a product or a service. However, the price is really more than that.

3 0

3 years ago

Read 2 more answers

Cobe Company has already manufactured 17,000 units of Product A at a cost of $20 per unit. The 17,000 units can be sold at this

ASHA 777 [7]

Answer:

Income (loss) $490,000 $928,000

Net incremental income= $438,000

17,000 units of product A should be processed further.

Explanation:

Preparation of analysis that shows whether 17,000 units of Product A should be processed further or not.

Sell Process further

Sales $490,000 $1,228,000

Relevant costs

Additional cost to process further $300,000

Total relevant costs $300,000

Income (loss) $490,000 $928,000

Calculation for sales after processing further

Sales after processing further = (5,400 x $104) + (11,900 x $56)

Sales after processing further= $561,600 + $666,400

Sales after processing further= $1,228,000

Calculation for Net incremental income

Net incremental income = $928,000 - $490,000

Net incremental income= $438,000

Therefore 17,000 units of product A should be processed further.

4 0

3 years ago

To determine the production level, the monopolist sets marginal cost equal to price.

Vlad1618 [11]

Your answer is false.

6 0

4 years ago

Give two examples of situations in which prices gave you an incentive to purchase or not purchase a good or service.

Rasek [7]

Answer:

Prices play an important role in the decision making of an individual. It gives us information about the relative scarcity of the good and helps us decide if we want to purchase the good or not. Two examples can be,

a). When you buy a good in a sale. Sales give you an opportunity to buy what you wanted to at a price that is lower than usual.

b). When the price of Coke increases, you start consuming more Pepsi as they both are substitute goods. So, you would want to buy the cheaper one and not purchase the relatively expensive one.

4 0

3 years ago

The main objective of enterprise systems is to create competitive advantage by streamlining business activities within and outsi

Romashka [77]

Answer:

True

Explanation:

Enterprise system, which is also referred to Enterprise resource planning (ERP) refers to a business software which is implemented centrally so as to help coordinate and exchange data smoothly between departments and people.

Such a system makes it convenient for the businesses to share information within as well as with outside parties of an organization and helps integrate information between different departments.

Initially, the ERP software was primarily used by businesses for internal business processes but gradually it has been applied for suppliers, customers and outside business functions.

Effective application of such a system ensures competitive advantage to an enterprise.

6 0

3 years ago