Answer:
A) $10 per person
B) $15000000
C) $30000000
D) $15000000
Explanation:
A) Cost of corn subsidies per person in the United States in 2012 = 3 billion/300 million = 3000000000/300000000 = $10 per person
B) We are told that 10 percent of 300 million population are those willing to provide funding. Thus;
Number of people providing funding = 10% × 300 million = 30,000,000
Each of these 30,000,000 people are willing to only provide $0.50.
Thus;
total funding raised for their lobbying efforts = $0.50 × 30,000,000
total funding raised for their lobbying efforts = $15000000
C) We are told that the recipients of corn subsidies donated just 1% of the total amount which they received via subsidies. Thus;
Amount raise to support lobbying efforts to continue the corn subsidy =
1% × $3 billion = $30000000
D). the difference between which the amount raised by the recipients of the corn subsidy exceeds that of the amount raised by the opponents of the corn subsidy = $30000000 - $15000000 = $15000000
The answer is true. Economics is a system invented to supply a certain demand from a population. But the underlying central issue is will the resources last to supply that demand.
Answer:
2018: 8 months
Depreciation= $916,67
2019: full year
Depreciation= $1375
Explanation:
Giving the following information:
Taco Hut purchased equipment on May 1, 2018.
Price: $15,000.
Residual value: $4,000
Useful life: 8 year
We need to calculate the depreciation for 2018 and 2019 using straight-line method:
Depreciation= (purchase price- residual value)/useful life
Depreciation= (15000-4000)/8= $1375
2018: 8 months
Depreciation=(1375/12)*8= 916,67
2019: full year
Depreciation= $1375
Answer:
d. discontinuous innovations.
Explanation:
According to my research on different product categories, I can say that based on the information provided within the question this product would fall in the new product category of discontinuous innovations. This term refers to a new product or technology which provides a new solution to an existing problem. The problem in this case being wasted water when washing hands, cleaning dishes/produce, and even brushing your teeth.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer: Market allocates goods effectively.
Explanation: Effective market allocation is the economic market interaction discussed in this case study. As there was a storm and the power lines got down it was obvious that the demand for the batteries and flashlights will increase and the stock became insufficient but the market forces came into action leading to increase in supply and restoring demand and supply to equilibrium level .
