Answer:
Net Income (Loss) = $440,000
Explanation:
Total Fixed Cost = $460000
Total Variable Cost = $11 * 100,000 unit = $1100000
Total Revenue = $20 * 100,ooo unit = $2000000
Contribution Margin = TR- TVC = ($200,000 - $1,100,000) = -$900,000
Net Income = Contribution margin - Total Fixed cost
Net Income (Loss) = $900,000 - $460,000
= $440,000
Answer:
change; over-estimates
Explanation:
Substitution bias refers to a tendency in which economic index numbers don't include information about the changes in consumer spending when they switch expensive products for cheaper ones or buy less units as prices change. This changes are not reflected in the market basket from which the CPI is built which can cause inflation rates to be over-estimated.
Answer:
goals of monetary policy
financial market stability
economic growth
high employment
price stability
Not goals of monetary policy
increasing the size of the financial market
high inflation
improving banks' profits
Dual mandate : high employment
price stability
Explanation:
Monetary policy are policies taken by the central bank of a country to increase or reduce aggregate demand.
There are two types of monetary policy :
Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy
Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy
Goals of monetary policy include
- financial market stability
- economic growth
- high employment
- price stability
The dual mandate of the Federal Reserve was birthed as a result of the stagflation of the 1970s. Stagflation is a period of high unemployment and high inflation levels
The dual mandate are : high employment, stable prices and moderate long-term interest rates.
Answer: Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees
Explanation:
Several companies find that providing theye workers a comprehensive benefits package which consist ofinsurance, retirement investment and other benefits is worth the cost associated because it helps them retain and also attract their best staffs.
When employees are given the required support needed and given work related benefits, this is usually source of motivation to the employees and can help bring out the best in them.
Answer: barriers to entry
Explanation:
Barriers to entry are also known as economic barrier to entry. They are hindrances which makes entering a particular market difficult by new entrant.
Barrier to entry are fixed cost that must be incur by a new company irrespective of their sales or production level, this cost are incur by new entrant which those who have been in the industry before do not have to incur.
Few common barriers to entry includes technology, government regulation and policy, economies of scale, etc.
