Answer:
Y = 300
government multiplier 2
output demanded increase by 20
If income tax is applied:
Y = 272.72
multipliers: 2.253775
increase 22.53775 billons
As disclosure it has a larget effect when the income tax is levied based on income rather than a flat rate.
Explanation:
DI = Y - 100
C = 30 + 0.6(Y - 100)
C = 30 - 60 + 0.6Y
C = 0.6Y - 30
Y = C + G + I
Y = (0.6Y -30) + 120 + 30
Y = 120 / 0.4 = 300
C = (0.6)300 - 30 = 150
With C we solve for the multiplier:
150/300 = 0.5
1 / (1 - 0.5) = 2
10 x 2 = 20
If variable that:
C = 30 + 0.6 (0.75Y)
C = 30 + 0.45Y
Y = 0.45Y + 120 + 30
Y = 150/.55 = 272,72
C = 30 + 0.45Y = 152,72
Propensitivity to consume:
152.72/272.72 = 0,5563
multiplier:
1 (1 - PMC) = 2.253775073
10 nillon will icnrease x 2.25377 = 22.54 billons
This would be D- an opportunity for True Taste to thrive in their community.
The SG&A Expense/Sales is the tertiary ratio that drives profitability.
<h3>What is
SG&A Expense/Sales?</h3>
This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.
As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.
Therefore, E is correct.
Read more about SG&A
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Answer:
Incomplete question
First aspect of the question is typed below.
The shape of the distribution of the time required to get an oil change at a 20-minute oil-change facility
is unknown. However, records indicate that the mean time is 2l.2-minutes, and the standard deviation 3.5 minutes.
Explanation:
Employees bonus $50
35 oil changes between 10:00 am to 12:00pm
n = 35
10% changes
So, the z - score can be calculated using
z-score = InvNorm(0.10)
z-score = -1.28
So, given that,
Standard deviation is 3.5minutes
σ = 3.5 minutes
Mean time is 21.2 minutes
μx = 21.2 minutes
Then,
σx = σ / √n
σx = 3.5 / √35
σx = 0.5916 minutes
Then, Z score can be written as
Z = (x - μx) / σx
-1.28 = (x - 21.2) / 0.5916
Cross multiply
-1.28 × 0.5916 = x - 21.2
-0.7573 = x - 21.2
x = 21.2 - 0.7573
x = 20.443 minutes
There is a 10% chance of being at or below a mean oil-change time of 20.44 minutes
Answer: The labor efficiency variance for the month is closest to: $2576
Explanation:
Given:
Actual output 8,800 units
Actual direct labor-hours 1,610 hours
Actual direct labor rate $ 23.30 per hour
The labor efficiency variance for the month is computed as :
The labor rate variance = Actual hours×(Actual rate - Standard rate)
=1610 ×($23.30-$21.70)
=$2576
