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Licemer1 [7]
3 years ago
10

Suppose the federal government had budget deficits of $40 billion in year 1 and $50 billion in year 2 but had budget surpluses o

f $20 billion in year 3 and $50 billion in year 4. Also assume that it used its budget surpluses to pay down the public debt. At the end of these four years, the federal government's public debt would have:
Business
1 answer:
horsena [70]3 years ago
6 0

Answer:

At the end of these four years, the federal government's public debt would have increased by $20 billion

Explanation:

Year 1:

Budget deficit=$40 billion

Year 2:

Budget deficit=$50 billion

Total budget deficit=$90 billion

Year 3:

Budget surplus=$20 billion

Year 4:

Budget surplus=$50 billion

Total budget surplus=$70 billion

Budget surplus - Budget deficit= $90 billion - $70 billion

=$20 billion

At the end of these four years, the federal government's public debt would have increased by $20 billion

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Elaine, a small grocer, is planning to cut certain prices to increase her sales revenues. What will be the likely result of a pr
QveST [7]

Answer:

Quantity demanded of matches will remain unchanged, Quantity demanded of tomatoes will rise

Explanation:

Law of demand states that there is an inverse relationship between price of a good and it's quantity demanded, keeping other factors affecting demand as constant.

Price elasticity of demand refers to degree of responsiveness of quantity demanded of a good with respect to a change in it's price.

In the given case, price elasticity of demand for matches is inelastic since requirement of matches is fixed and consumer won't buy additional matches if the price is reduced.  Thus a price decease will not increase the quantity demanded of matches.

On the other hand, tomatoes have various uses and thus, their demand is elastic. So if price of tomatoes drops, the quantity demanded of tomatoes would rise, keeping other factors affecting demand as constant.

8 0
3 years ago
Christmas Timber, Inc., produces Christmas trees. The trees are produced through a cutting and pruning process. Machine maintena
Free_Kalibri [48]

Answer:

Christmas Timber, Inc.

Total costs of each production department:

Cutting  Department                              $ 65,100  

Pruning  Department                             $ 16,900    

Production departmentsʼ total costs   $82,000

Explanation:

a) Data and Calculations:

Allocation of service departments' costs to production departments:

Maintenance costs = machine hours used

Janitorial costs = number of trees

                              Cutting       Pruning

Number of trees      16                64

Machine hours         9                    1

                          Maintenance   Janitorial     Cutting       Pruning     Total

Total costs             $ 7,000         $ 4,000     $ 58,000     $ 13,000   $82,000

Maintenance costs (7,000)                               6,300            700               0

Janitorial costs                             (4,000)            800         3,200               0

Total costs                                                    $ 65,100   $ 16,900    $82,000

6 0
3 years ago
Misleading advertising material created to look like regular news stories or social media is known as _____
Andrei [34K]

Answer:

B. Native advertising

Explanation:

A company wants to measure the share of customer as it is the indicator of brand preference, customer loyalty, and customer lifetime value.  

Companies should open themselves to criticism by being active on social media because rather than taking it as negative, companies can take it as an opportunity to analyze and evaluate their performance.

No, it is not ethical to observe shoppers for market research without their knowledge and permission.

 

Step-by-step explanation

Native advertising refers to the kind of advertisement in which the content exactly matches the platform on which it appears and displayed. Sometimes it appears in the form of editorial content which is referred to as advertorial, video or article. These kinds of ads make it difficult for consumers to understand the right content as it blends the correct content into the content of the platform. In native advertising, misleading content is created to look like regular stories by using ambiguous terms like sponsored or branded.  

 

The unified data layer refers to when an organization merges its complex and fragmented data into one central view. It provides a clearer and complete picture of the firm's data. Marketing analytics strives to establish a unified data layer so that all data is kept in a centralized place.  

 

Share of customer is defined as the part of the customer's purchasing that the company gets. In other words, it indicates how much a customer is spending on a company's product or service. A company wants to measure the share of customer because:

It is the indicator of brand preference that companies can use to evaluate their products and services.

It shows how loyal a customer is towards the company.  

It indicates how quickly a product or service gains popularity and acceptance in the market.

It indicated an organization's customer lifetime value.  

 

Companies should open themselves to criticism by being active on social media because rather than taking it as negative, companies can take it as an opportunity to analyze and evaluate their performance. Following are the ways by which companies can appreciate criticism on social media and take benefit from it:

Turn a negative comment into a positive one.

Allow people to criticize.

Thank the people who criticize

Learn and improve from the criticism

 

No, it is not ethical to observe shoppers for market research without their knowledge and permission. It is an act of deception that means to mislead someone or hide the truth for personal gain or advantage. In market research, deceiving someone is dishonesty on the part of the researcher as the shopper feels uninformed about the research.

8 0
3 years ago
Read 2 more answers
Samsonite has declared a 90% stock dividend. At the time of the declaration, Samsonite's stock was selling for $250 per share. I
NeTakaya

Answer:

$131.58

Explanation:

The computation of the new stock price is shown below:

= Selling price of stock per share ÷ current number of shares

= $250 ÷ 1.90

= $131.58

Since the 90% dividend is declared. It means for each share 90% dividend is declared so after stock dividend, the number of shares would be

= 1 + 90%

= 1 + 0.9

= 1.9

We simply divide the selling price by the current number of shares

4 0
3 years ago
Jones, a consulting manager of Miller & Co., is considering membership on an audit client's board of directors. Jones does n
vfiekz [6]

Answer:

C. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.

3 0
3 years ago
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