3 years ago

The amount by which federal spending exceeds revenue in a given year is known as ap gov multiple choice

1 answer:

3 0

The amount by which federal spending exceeds revenue in a given year is known as budget deficit. Having a budget deficit means that the government spent more money than they made in a current year. When this happens the government owes money to others because they had to borrow from accounts to pay off debt.

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The tools, skills, organization, and knowledge used to extract energy from nature are the

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What kind of energy like solar panels and windmills.

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2 years ago

Tommy’s Tile Service is planning on purchasing new tile cleaning equipment that will improve their ability to remove tough stain

sergejj [24]

Answer:

1. $132,800

2. $531,200

3. $1,071,200

Explanation:

The break-even point is the level of sales at which the business incur no profit no loss.Fixed and variable costs are covered at this level of sales. Use following formula of break-even to calculate the fixed cost.

Break-even point = Fixed cost / Contribution margin ratio

$487,200 = Fixed cost / 25%

Fixed Cost = $487,200 x 25% = $121,800

Revised Fixed cost = $121,800 + $11,000 = $132,800

New Break-even point = $132,800 / 25% = $531,200

Desired profit = $135,000

Desired revenue = ( Desired profit + Fixed cost ) /Contribution margin ratio = ( $135,000 + 132,800 ) / 25% = 267,800 / 25% = $1,071,200

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3 years ago

The best way to limit competition is to: Choose one: A. control a resource that is essential in the production process. B. lobby

zloy xaker [14]

Answer:

A. control a resource that is essential in the production process.

Explanation:

When the crucial resource is required to make a product, then the restrictions on such resource would not allow, many people to enter in such business.

Also that the resources will be restricted in some or other manner, its price will increase accordingly the cost of producing such article would also increase.

As the cost of production will increase only producers with a high budget and resources in terms of finance will chose it.

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2 years ago

In order for a business to be really successful,

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it would be a as a team I hope this helps

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1 year ago

The Federal Reserve can affect the money supply by

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C if not please comment back :))

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