<span>Subprime lending rates are "worse" than prime lending rates and are commonly offered to people with "poor" credit scores. From the way the sentence is structured, one can infer "sub" from "subprime" means, less than, or second par.</span>
Answer:
A. excess supply
Explanation:
The Keynesian expenditure-output model focuses on the total amount of spending in the economy, with no explicit mention of aggregate supply or of the price level. According to my research on this type of model, I can say that based on the information provided within the question the result of these values would lead to an excess amount of supply.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
The Information Processing Theory
views the human mind like a computer or information processor and postulates
that Humans are limited in how much information they can process at any given
time. This approach to the study of cognitive development stemmed out of the
American experimental tradition in psychology.
Answer:
Tax = 120 per unit
Explanation:
First lets calculate Socially optimum Marginal Profit,
This can be computed by factoring in the marginal external benefit in the costs.
thus,
PMB = (PMC + MD)
This gives us the socially profit maximizing level of Product Q in quantity produced terms. we solve for Q the above equation. As generally profit is maximized at Marginal cost = Marginal Revenue
540 - 6Q = 8Q + 4Q
540 = 18Q
Q = 30 units
Since the tax amount should equal the value of marginal external damage so the amount of tax at socially optimum level thus is,
MD = T,
that gives T = 4 * 30 = 120 per unit
This shall then give the revised Marginal cost function of
Revised marginal cost = 8Q + 120. This corrects the externality by making production more expensive.
Hope that helps.
Explanation:
The journal entries are shown below:
1. Sales return and Allowances A/c Dr $400
To Account receivable A/c $400
(Being the returned inventory is recorded)
2. Merchandise inventory A/c Dr $100
To Cost of Goods sold A/c $100
(Being the cost of inventory is recorded)
Since the merchandise inventory is returned for $400 and the same is recorded and together with the cost of the merchandise inventory is also recorded