Answer:
The degree of operating leverage and the expected percent change in income, respectively, are 3.0 and 24%. The right answer is E.
Explanation:
In order to calculate the degree of operating leverage we would have to use the following formula:
opearting leverage=<u>contribution margin</u>
operating income
operating leverage=<u>$72,000</u>
$24,000
operating leverage=3.0
In order to calculate the degree of expected percent change in income we would have to use the following formula:
percent change in income=percent change in sales×operating leverage
percent change in income=8%×3
percent change in income=24%
The degree of operating leverage and the expected percent change in income, respectively, are 3.0 and 24%
Answer:
This is an example of <u>"oligopoly".</u>
Explanation:
Oligopoly refers to a term which means many firms and this is related to a market structure which is dominated by small number of large firms. There are some advantages as well as disadvantages of oligopoly markets. Firms under oligopoly markets can be comfortable to work with each other and they can also harm each other.
<span>This may be an example of </span>"reverse discrimination".
The expression "reverse discrimination" at times is utilized to portray a kind of segregation wherein individuals from a majority or truly advantaged gathering, (for example, males) are victimized in view of their race, sex, age, or other secured characteristic. These sorts of cases commonly emerge in the zones of work or instruction.
China should seek assistance from the IMF or International Monetary Fund. According to the IMF, it works to nurture global growth and economic steadiness by providing policy, information and financing the members, by working with developing states to help them reach macroeconomic stability and decrease poverty. The basis for this is that private international capital markets function poorly and many countries have inadequate access to financial markets. Such market imperfections, together with balance-of-payments financing, offer the reasoning for official financing, without which many countries could solitary correct large external payment imbalances through actions with adverse economic consequences. Also, the IMF provides alternate sources of financing.
If the poverty threshold for a family of four with two
children was $18,850 in 2004, then a family earning a total household income of
$354 per week would be counted as poverty-stricken because the family
would only get $18,408 per year and that is less than $18,850.
