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givi [52]
3 years ago
8

What is the maximum fine for a willful or repeat OSHA violation?​ a. ​up to $12,600 per day b. ​up to 10% above $126,000 c. ​$70

,000 d. ​up to $12,000 per violation
Business
1 answer:
crimeas [40]3 years ago
6 0

Answer:

C) ​$70,000

Explanation:

The US Department of Labor has established a range of fines that can be imposed on an employer who willfully or repeatedly violates any OSHA requirement, standard, rule or order. This range of fines starts with a minimum of $5,000 and up to a maximum of $70,000.

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Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,
elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0
2 years ago
wood county hospital consumed 400 boxes of bandages per week last year. the price of bandages was $80 per box, and the hospital
Evgen [1.6K]

Economic Order Quantity is the optimal level of inventory where the inventory costs are the minimum. EOQ = (2AO/H)^(1/2).

<h3>What is Economic Order Quantity?</h3>

Companies determine their ideal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to meet demand without going overboard. To reduce holding costs and surplus inventory, inventory managers calculate EOQ.

The order size that minimizes the overall holding costs as well as ordering expenses in inventory management is referred to as the "economic order quantity," or "economic buying quantity." One of the first traditional production scheduling models is this one.

The following is the EOQ formula. EOQ is equal to the square root of 2 times demand times ordering cost)/carrying cost. Demand. The EOQ's assumptions state that the demand is unchanged. How much stock is used annually or how many goods are sold annually is the measure of demand.

Learn more about the Economic Order Quantity here:

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7 0
11 months ago
What two factors determine a stock's total return?
valkas [14]

Expected return and  unexpected return are the  two factors to determine a stock's total return. Hence, option B and D are correct.

<h3>What is stock's total return?</h3>

Total return is the amount of value an investor receives from an asset over a specific period of time, often one year, when all distributions have been reinvested. A percentage of the initial investment represents the total return.

The total of the income incorporates all income earned over a specific time period, including interest, capital gains, dividends, and distributions. The amount of an investment's income, often represented as a percentage rate.

Thus, option B and D are correct.

For more details about stock's total return, click here:

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4 0
1 year ago
A firm has net income of $4,238 and interest expense of $898. the tax rate is 35 percent. what is the firm's times interest earn
Nikolay [14]

<u>Calculation of firm's times interest earned ratio:</u>

The times interest earned ratio can be calculated with the help of following formula:

Times interest earned ratio = Income before Interest and Tax / Interest Expense


Interest expense is given $898, and Income before Interest and Tax can be calculated as follows:

Net Income $4,238

Add: Tax (4238*35/65) $2,282

Income before tax  =$6520

Add: Interest Expense $898

Income before Interest and Tax = $7,418


Hence, Times interest earned ratio = 7418 /898 = <u>8.26 times</u>




7 0
3 years ago
Which best explains why producers choose to specialize? Check all that apply.
Y_Kistochka [10]

Answer:

1. to gain a comparative advantage

2. to increase efficiency

Explanation:

Specialization involves concentrating on producing a few items that once can produce better than others.

Specializing in producing a  few preferred goods and services makes a person, company, or country more efficient in resource usage. They consume fewer inputs, such as labor, while making the goods and services. The use of fewer inputs is increasing efficiently, which makes their products cost less compared to competitors.

Specialization makes a company or individual an expert in what they do. Experts make quality products. High quality at competitive prices gains a country or company comparative advantage over the others.

6 0
3 years ago
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