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3 years ago

If you want to keep your standard of living as high as possible, which if the following should you do?

Business

2 answers:

zhannawk [14.2K]3 years ago

7 0

Answer: B) because if you stay on on track with the money you spend then you can live a good life.

matrenka [14]3 years ago

4 0

Answer:

I think the answer would be B.) This is because irt wouldnt be efficient that you could always use your credit card for purchases or get a credit card with a high interest rate or apply for as many credit cards as possible So the correct answer is B.

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Becker Bikes manufactures tricycles. The company expects to sell 540 units in May and 670 units in June. Beginning and ending fi

vaieri [72.5K]

Answer:

Explanation:

Sales budget for may = 540

Sales budget for June = 670

Opening inventory for may = 190

Closing inventory for May = 155

Production in may =( 190+540)-155=575

Opening inventory in June = 155

Closing inventory = 165

Production in June = (155+670)-165=660

May material needs = 3(575+ (20%*660)

=3*707=2121 wheels

2121*24=$50,904

June material needs =3(660+(20%*640)

3*788=2364

2364*24=$56,736

7 0

3 years ago

Gasoline and bicycles are substitutes in consumption. Suppose we increase the federal gasoline tax to $1 per gallon.

marin [14]

If the federal gasoline tax increases to $1 per gallon, the gasoline price rises, demand for bicycles shifts rightward.

Option B

Explanation:

If the price of gasoline increases, then probably there will be a decrease in the consumption of the same as a result of which the demand for the substitute product, bicycle increases.

Demand curve a graphical representation of changes in the product or service demanded along with the changes in the cost or price of the service or product. Increase in the demand for a product, is generally represented by the rightward shift in the demand curve.

8 0

3 years ago

Suppose that Marie is buying bananas. She decides that she would like to purchase three bananas at the price of $0.25 per banana

navik [9.2K]

Answer:

Marginal thinking

Explanation:

The economic foundation of marginal thinking requires decision-makers to evaluate whether the benefit of one more unit of something is greater than its cost. And according to this principle, Marie´s benefits of the first three bananas is higher than its cost, but the fourth banana will provide less benefit than the third and this is less than it cost.

7 0

3 years ago

5. Categorize each of the following funding schemes as examples of the benefits principle or the ability-to-pay principle. a. Vi

Simora [160]

Answer:

b, c and a

Explanation:

Ability to pay principle refers to an economic principle that states that the amount of tax an individual pays should be dependent on the level of burden the tax will create relative to the wealth of the individual.

Based on the above definition, the first category will be:

1. Local property taxes support elementary and secondary schools. This tax will definitely generate the biggest tax burden of the 3 cases in the scenario.

2. An airport trust fund collects a tax on each plane ticket sold and uses the money to improve airports and the air traffic control system. Obviously this tax will be of a higher burden than paying national park entrance fees but will not be as heavy as local property taxes

3. Visitors to many national parks pay an entrance fee. Park entrance fees will be of the lightest burden of the three cases in the scenario.

7 0

3 years ago

Diego (32) is filing as a single taxpayer. He changed jobs during the year, and when he left his first job, he decided to take a

Papessa [141]

Answer:

He will claim the standard deduction

Explanation:

4 0

3 years ago