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soldier1979 [14.2K]
3 years ago
9

Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem

ent. provide at least one piece of evidence to support your explanation. protective tariffs national bank internal improvements
Business
1 answer:
Ivanshal [37]3 years ago
3 0
<span>One part of Henry Clay's proposed American system to bring about economic improvement included support for a high tariff, the intent of which was to protect American industries while also generating revenue for the federal government.</span>
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Which of the following statements is false? Marginal cost will equal average total cost when average total cost is at its lowest
andrew11 [14]

Answer:

Marginal cost will equal average total cost when marginal cost is at its lowest point.

Explanation:

The marginal cost curve always intersects the average total cost curve at its lowest point because the marginal cost of making the next unit of output will always affect the average total cost. As a result, so long as marginal cost is less than average total cost, average total cost will fall.

When marginal cost is below average total cost, average total cost will be falling, and when marginal cost is above average total cost, average total cost will be rising. A further m is most productively efficient at the lowest average total cost, which is also where average total cost (ATC) = marginal cost (MC).

6 0
4 years ago
Read 2 more answers
Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system a
atroni [7]

Answer: Check attachment

Explanation:

Apr. 17:

Account payable:

= $6500 - $900

= $5600

Merchandise Inventory

= $5600 × 2%

= $5600 × 0.02

= $112

Cash = $5600 - $112

= $5488

Apr. 28:

Account payable:

= $12300 - $500

= $11800

Merchandise inventory

= $11800 × 1%

= $11800 × 0.01

= $118

Cash = $11682

Check attachment

8 0
3 years ago
Nash Company purchases equipment on January 1, Year 1, at a cost of $480,000. The asset is expected to have a service life of 12
kati45 [8]

Explanation:

The computation is shown below:

1. Under the straight line method

= (Purchase value of an equipment - salvage value) ÷ (service life)

= ($480,000 - $43,200) ÷ (12 years)

= ($436,800) ÷ (12 years)  

= $36,400

In this method, the depreciation is same for all the remaining useful life

So

Year 1 = $36,400

Year 2 = $36,400

Year 3 = $36,400

2. Under the sum of the years digit method

Depreciation factor is

= n × (n + 1) ÷ 2

= 12 × (12 + 1) ÷ 2

= 78

Now the depreciation expense is

Year 1

=  ($480,000 - $43,200)  × (12 years) ÷ (78 years)

= $67,200

Year 2

=  ($480,000 - $43,200)  × (11 years) ÷ (78 years)

= $61,600

Year 3

=  ($480,000 - $43,200)  × (10 years) ÷ (78 years)

= $56,000

4 0
3 years ago
Which of the following best describes China’s role in the auto industry?
Elina [12.6K]

Answer:

China exports a lot of cars, but the reason it is a major part of the auto industry is because it exports a lot of parts.

Explanation:

This one

6 0
2 years ago
Which two models did huston and his colleagues find fit the outcomes of the marriages they followed in their pair project?
4vir4ik [10]
The two models are the ones.
7 0
3 years ago
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