Answer you are told that metal x is a better reducing agent than metal y. this must mean that:

explain how the substitution effect in the income effect interact with changes in price to change the quantity of demand

nadya68 [22]

Answer:

I have no idea what is the solution

6 0

3 years ago

Rob operates a small plumbing supplies business as a sole proprietor. In 2018, the plumbing business has gross business income o

iragen [17]

Answer:

a. Taxable income before the QBI deduction = $408,000

b. QBI = $154,000

c. Net QBI deduction = $29,126

Explanation:

a. Taxable income statement

Marie wage income $250,000

Business income

($421,000 - $267,000) $154,000

Long term capital gain

($13,000 + $15,000) $28,000

Total income $432,000

Less: Standard deduction $24,000

Taxable income before the QBI deduction $408,000

b. Rob and Marie's QBI

Statement Showing QBI

Gross income $421,000

Less: Business income $267,000

QBI $154,000

c. Rob and Marie's QBI deduction

QBI deduction percentage × QBI

= 20% × $154,000

= $30,800

or

20% × ($408,000 - $28,000)

= $76,000

whichever less

Before phaseout QBI Deduction = $30,800

Net QBI deduction = Allowable QBI deduction - Phaseout reduction

= $30,800 - $1,674

= $29,126

4 0

3 years ago

1. Alejandro and Roger are working on a group project for class that requires writing a paper and designing charts to explain th

Bezzdna [24]

Answer:

Alejandro´s opportunity cost is 2/3 of a chart.

Roger´s opportunity cost is 1/2 of a chart.

Explanation:

The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.

In this case , we can say that Alejandro and Roger can produce 2 product. And if they produce one , they loose the possibility of producing the other.

We can Illustrate this situation with a production possibility frontiers graph and if we increase the quantity produced of one good, will decrease the other, because the limited resources.

Alejandro produce 3 three pages of the paper in the same time it takes him to create two charts. We use cross multiplication to get how many charts Alejandro produce at the same time he produce a single page

1___x

3___2 so x= 1x2/3

So , in the time he produce a single page of the essay, he could produce 2/3 of a chart. This is the cost opportunity.

Roger can write two pages of the paper in the same time he can produce a single chart. So, in the time he produce a single page of the essay he could make half of a chart.

Download xlsx

3 0

3 years ago

Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D

il63 [147K]

Answer:

$1.88; $2.00

Explanation:

Equivalent Units Produced for direct material:

= Opening Work In Progress + Introduced + Closing units

= units × Degree of completion

= (59,000 × 0%) + (159,000 × 100%) + (84,000 × 100%)

= 0 + 159,000 + 84,000

= 243,000

Equivalent Units Produced for conversion costs:

= Opening Work In Progress + Introduced + Closing units

= Units × Degree of completion

= (59,000 × 65%) + (159,000 × 100%) + (84,000 × 20%)

= 38,350 + 159,000 + 16,800

= 214,150

Cost Per Equivalent Units for direct material:

= Total Cost Incurred ÷ Equivalent Units Produced

= $456,840 ÷ 243,000

= $1.88

Cost Per Equivalent Units for conversion cost:

= Total Cost Incurred ÷ Equivalent Units Produced

= $428,300 ÷ 214,150

= $2.00

5 0

3 years ago

Axiom International, an Australian company, wants to expand its operations to China, a country that is politically, culturally,

lara [203]

Answer:

B. Joint venture

On a Joint venture, Axiom will have partner which share the risk and cost of the project.

Also this partners can be local companies with knowledge ofthe Chinese market.

Axiom will have limited liability until his contribution.

It will generate new jobs in the country and include local business persons, this will be politically acceptable

This option has everything Axiom is looking for.

Explanation:

A.- if Axiom uses a subsidiary it will not have access to local knowledge. Also it will be the same entity, so it won't be sharing the cost.

It won't be what the company need

C.- if exporting it will not be expanding inside the country. Also it will not provide local knowledge or share the cost with a third party. The goverment may create additional tariff or market cuota or any other barrier to protect national companies.

It won't be what the company need

E.- Licensing: will be selling the brand name or product to a third party. It will not be part of the revenue stream entirely. A third party with knowledge of the market will exploit the benefit.

D. Greenfield investments: The company will establishes operations on the country. It will have a high cost, but will get the goverment approval for the jobs created in China. However it will be Axiom who takes the cost and risk for the entire investment.

These two are partially suitable, but with some backwards

5 0

2 years ago