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3 years ago

8

In the long run, the level of national income in an economy is determined by its: A) factors of production and production functi

on. B) real and nominal interest rate. C) government budget surplus or deficit. D) rate of economic and accounting profit

1 answer:

-Dominant- [34]3 years ago

7 0

Answer:

A) factors of production and production function

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Capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be helpful for society and at least one reason that they may be harmful for society

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3 years ago

Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client refer

-Dominant- [34]

Answer:

It's A.

Explanation:

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3 years ago

Individual Problems 5-1

Yuliya22 [10]

Answer and Explanation:

The computation is shown below:

1. The break even price per shirt is

Fixed cost per unit t-shirt is

= $24,000 ÷ 8,000

= $3

And,

Variable cost per shirt = $9

So, the break even price per shirt is

= $3 + $9

= $12

Now if George sells 50% more tshirt then total shirt sell is

= 8000 + 0.5 × 8000

= 12000

So,

Fixed cost per shirt is

= $24,000 ÷ 12000

= $2

So,

Breakeven price per shirt will be

= $2 + $9

= $11

2. The present value of the return is

= 30 ÷ 1.25 + 30 ÷ 1.25^2 + 30 ÷ 1.25^3

= 24 + 19.2 + 15.36

= 58.56 < 80

As the present value is lower than the investment made so the investment is not profitable

3. The investment made in human capital with respect to lawyers would be considered as an after investment that hold-up

Therefore this is a true statement

5.

The total cost of the truck is

TC = $2,500,000 + $200,000 + 4Q

And, The total revenue is

TR = PQ

So, the total profit is

TR = PQ - $2,700,000 - 4Q

Now

PQ - $2,700,000 - 4Q = 0

P = $2,700,000 - 4Q ÷ Q

Assume Q = 100000

So,

P = $2,700,000 - 4 × (100,000) ÷ 100,000

= 26

4 0

3 years ago

If the U.S. government starts to sell off its stockpile of cheese:____.

schepotkina [342]

Answer:

D

Explanation:

if the government sells off its cheese, there would be a rightward shift of the supply curve. As a result, equilibrium price would fall and equilibrium quantity supplied would increase.

Due to the government's action, there would be an excess supply of cheese over the demand for cheese. More cheese would be available for sale and less cheese would be purchased. This would lead to an increase in spoilage rates before sales

4 0

3 years ago

Question Content Area

GarryVolchara [31]

B bc it’s the right answer i just did it in my test

3 0

2 years ago