Answer:
Cultural capital
Explanation:
Cultural capital consists of knowledge about artistic trends and cultural acts that one can use to establish oneself in society, and demonstrate a particular social-standing. It also consists of tastes, preferences, and even ways of speaking, living, and moving.
The term was coined by French sociologist Pierre Bordieu. According to him, cultural capital is a form of class distinction, because the access to certain cultural products depends on variables such as race, ethnicity, income, sex, and religion.
Answer: Option (b) is correct.
Explanation:
Given that,
Direct materials = $24
Direct labor = $10
Variable overhead = $8
Fixed factory (allocated) = $18
Overtime premium = $8 per unit
Purchased = 2,000 units at a special price of $48 per unit
Contribution Margin (2000 - 1000 units) = special price per unit - Direct materials - Direct labor - Variable overhead
= 48 - 24 - 10 - 8
= $6 per unit
Contribution margin for units produced during overtime = special price per unit - Direct materials - Direct labor - Variable overhead - Overtime premium
= 48 - 24 - 10 - 8 - 7
= $(-1) per unit
Total contribution = 1000 × 6 + 1000 × -1
= $6000 - $1000
= $4000 Profit
Therefore, additional profit will be generated by accepting the special order is $4000.
Answer:
The correct answer is: It allows economists to isolate or focus attention on selected variables.
Explanation:
The word ceteris paribus means other things being constant. The working of an economy is very complex, each variable is affected by a number of variables. It is difficult to understand all the complex relationships at the same time.
The assumption of ceteris paribus or other factors being constant helps the economists in isolating the variables that they want to study while keeping others constant.
It simplifies the study of economic models and helps to easily grasp the working of the economy.
Answer:
$5.50 dividend per share to common stock
Explanation:
In case a company has cumulative preference shares then the company has to pay preference dividend in arrears
Here, preference dividend was not paid in the year 2017
Preference dividend for 2017 = 500 
$100 4%
= $2,000
Since the dividend is paid in between the year 2018, dividend is paid for the year 2017 and not for 2018 thus preference dividend is for a year, only for 2017
Therefore, dividend to common equity = $35,000 - $2,000 = $33,000
Dividend per share = $33,000/6,000 = $5.50 per share
<span>The answer is that the government will be forced to spend $15,000,000.
government imposes a price floor on wheat at $5
there will be a surplus of $3,000,000
</span><span>the government will be forced to spend = $5 x $3,000,000 = $15,000,000</span>
