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4 years ago

A negative externality or spillover cost occurs when

1 answer:

7 0

A negative externality or spillover cost occurs when the total cost of producing a good exceeds the costs borne by the producer.

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The consumption schedule shows a.that households consume more when interest rates are low. b.that consumption depends primarily

Lelechka [254]

Answer: The consumption schedule shows the amounts households intend to consume at various possible levels of aggregate income.

Explanation: Consumption function, in economics, the relationship between consumer spending and the various factors determining it. At the household or family level, these factors may include income, wealth, expectations about the level and riskiness of future income or wealth, interest rates, age, education, and family size.

A consumption schedule is a table of numbers showing the relation between consumption expenditures and income for the household sector. The income measure commonly used is national income or disposable income. Occasionally a measure of aggregate production, such as gross domestic product, is used instead.

3 0

3 years ago

Most economists believe that a cut in tax rates ___________.

Stolb23 [73]

Answer:

The correct answer is (B)

Explanation:

Tax is applied to decrease the budget deficit, as it helps to improve the government's revenue. Overall, a cut in tax rates has many benefits on the general economy, such as an increase in demand, and a decrease in inflation. Most economists believe that a cut in tax rates will positively affect the aggregate demand due to a decrease in overall prices of goods and services.

8 0

3 years ago

Financial Planning Partners Inc., employs 12 full-time CPAs and 10 paraprofessionals. Direct and indirect costs are applied on a

Nikolay [14]

Answer:

At the year end the accounting records will show that the indirect cost are over allocated.

Explanation:

First of all let us see what information has been given to us in the question,

Budget Actual

INDIRECT COST $3,00,000 $309,000

LABOR HOUR 50,000 dlh 56,000 dlh

For us the salary of both attorney and paraprofessional is not of use to calculate the indirect cost for the year end.

So first step here would be to calculate the cost per hour of each professional, which can be taken out by using the formula

\frac{BUDGETED INDIRECT COST}{TOTAL BUDGETED WORKING LABOR HOUR}

\frac{\$3,00,000}{50,000} = \$6

so the cost per hour for each professional is $6,

next step is to multiply the cost per hour by the actual labor working hours ,

$6 x 56,000 = $3,36,00

but we the budget given in the question is $3,00,000 and the indirect cost that we have calculated is $3,36,000, so from this observation we can say that the indirect cost at the end of the accounting records would be over allocated.

4 0

3 years ago

Which one of the following is an important ingredient in a relationship? No more than two persons can be involved. It must be vo

lana66690 [7]

<span> Strong emotions or feelings are necessary</span>

6 0

3 years ago

The Tobler Company has budgeted production for next year as follows: Quarter First Second Third Fourth Production in Units 10,00

Paha777 [63]

Answer:

The correct answer is 63,200 kg.

Explanation:

According to the scenario, the computation of the given data are as follows:

Raw material required for production = Production in units × req. raw material per unit

= 16,000 units × 4 kg

= 64,000 kg.

Beginning inventory = (64,000 kg) × 10%

= 6,400 kg

Ending inventory = ( 14,000 × 4 kg) × 10%

= 56,000 kg × 10%

= 5,600 kg

So, we can calculate the budgeted purchases of raw materials by using following formula:

Budgeted purchases of raw materials = Raw material required for production + Ending inventory - Beginning inventory

= 64,000 kg + 5,600 kg - 6,400 kg

= 63,200 kg

3 0

3 years ago