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3 years ago

The government uses the revenue from taxes to pay for goods and services for the community.

Business

1 answer:

tensa zangetsu [6.8K]3 years ago

4 0

Yes it does. Services like education, water, electricity are covered in this way.

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In the event that Only1Corp. obtains control of all the natural gas producers in the US, it would most likely Group of answer ch

Effectus [21]

Group of Answers:

a. raise prices, cut production, and realize positive economic profits

b. have a patent giving it exclusive legal rights to make, use, and sell for a limited time.

c. have legal protection to prevent copying its methods of production for commercial use

d. acquire rights for its investors to produce and sell their product

Answer:

Only1Corp

a. raise prices, cut production, and realize positive economic profits

Explanation:

Only1Corp has by the above move become a monopoly by acquiring all the natural gas producers in the US and now has near or total control of the natural gas production. It will display the characteristics of a monopoly, especially that of a price maker. Its position in the marketplace will become unchallenged if there are no importers of natural gas to compete with it in the marketplace. However, it must be noted that monopolies are illegal in the US unless they are government-created monopolies.

3 0

3 years ago

During August of 2011 Nickle Publishing received $24,000 for 1-year subscriptions to a new magazine. Magazines are mailed to sub

jok3333 [9.3K]

Answer:

Debit Unearned/Deferred revenue $8,000

Credit Sales revenue (p/l) $8,000

Being entries to recognized earned revenue for the period

Explanation:

August of 2011, 1 year subscription of $24,000

Revenue earned per month = $24,000/12 = $2,000

Revenue earned (between September and December) = $2,000 × 4

= $8,000

To recognize this, adjusting entries required on Dec. 31, 2011

Debit Unearned/Deferred revenue $8,000

Credit Sales revenue (p/l) $8,000

Being entries to recognized earned revenue for the period

7 0

4 years ago

Clay Corporation manufactures two styles of lampslong dasha Bedford Lamp and a Lowell Lamp. The following per unit data are ava

mote1985 [20]

Answer:

$ 10

Explanation:

Given:

For Bedford lamp

Sales price = $ 26

Variable cost = $ 16

Machine hours required per unit = 1

Now,

the contribution margin per unit = Sales price - Variable cost

= $ 26 - $ 16

= $ 10

therefore,

the contribution margin per machine hour is calculated as:

= contribution margin / machine hours

= $ 10 / 1

= $ 10

hence,

the contribution margin per machine hour for the bedford lamp is $ 10

4 0

3 years ago

Which method of evaluating capital investment proposals uses present value concepts to compute the rate of return from the net c

Elena L [17]

Answer:

Internal rate of return

Explanation:

The internal rate of return is that return in which the net present value equivalent to zero

i.e.

Net present value = 0

That means

Initial investment = Present value of cash inflows after charging the discounting factor like 10% 12% etc

So as per the given situation, the internal rate of return is the correct answer

3 0

3 years ago

Other things remaining equal, the law of demand says that higher prices will lead to a A. smaller quantity demanded and lower p

Yuri [45]

Answer:

The answer is A.

Explanation:

Other things remaining equal, the law of demand says that the higher the price, the lower the quantity demanded and the lower the price the higher the quantity demanded.

Suppose a good is being sold at $5 and 20 quantities are being demanded, if the price increases to $6, lesser of that goods should be demanded

7 0

4 years ago