Answer:
d. Yes, the offeror must be a merchant, pursuant to the UCC definition of merchant.
Explanation:
The Uniform Commercial Code (UCC) establishes that firm offers can only be made by merchants. They also apply only to the sale of goods, but the baseball card is a type of good.
The problem is that Debbie is not probably a merchant. In order for her to be considered a merchant, she would need to be in the business of buying and selling baseball cards on a regular basis.
Answer:
See below
Explanation:
Given the information above, we will calculate the predetermined overhead rate first.
Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor
= $18,000 / 15,000
= $1.2
Then,
Manufacturing overhead = Predetermined overhead rate × Actual direct labor hours
= $1.2 × 16,000
= $19,200
Then,
Cost records for the period = Manufacturing overhead - Actual manufacturing overhead
= $19,200 - $19,500
= $300 over applied
Rightward change in the supply curve The cost of producing a corporation's goods would go down if the income tax was eliminated.
<h3>When a good's tax rate rises gradually, what happens to the tax revenue?</h3>
Up to T*, government revenue grows along with the tax rate. Increased tax rates cause revenue to decrease past point T*. To put it simply, attempts to impose taxes above a particular threshold are unsuccessful and actually lead to lower overall tax receipts.
<h3>Which shifts in the supply curve of a product will they occur?</h3>
A change in supply, in its simplest form, is an alteration in the quantity delivered along with a rise or fall in the supply price. A shift in supply can be brought about by new technology, such as less expensive or more efficient production methods, or by a change in the number of market rivals.
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Answer:
The answer is (D) The ACA reduced Medicaid coverage.
Explanation:
The ACA is an acronym for Affordable Care Act – a healthcare system regulation put into effect by Obama in 2010. Many changes occur under this regulation for Americans, however the correct one is the option stated in (C). Option (A) is incorrect since ACA is a federal law – and thus, the execution of this regulation falls under the responsibilities of the central government. Option (B) is incorrect, since the ACA has multiple provisions that are introduced one by one – not just one piece of legislation. Option (C) is also incorrect since the law is perceived as weakening the health insurance industry due to the expansion of healthcare coverage provided by the government.