Answer: B. Increase monetary benefits for the use of solar panels.
Explanation:
The cost of installing the solar panels can be prohibitively expensive for most people which means that it would lead to them spending more money to install the solar panel.
If the government therefore wants to encourage people to install it, they should offer monetary benefits that would make people feel like they are getting some of the money they spent on the installation back.
Answer:
1. Thorstein Veblen.
2. Alfred Marshall.
3. Alfred Chandler, Jr.
4. Economies of throughput ('economies of speed').
5. First mover advantage.
6. Planned obsolescence.
7. The rule of reason.
Explanation:
1. <u>Thorstein Veblen:</u> Economist who observed that "invention is the mother of necessity."
2. <u>Alfred Marshall:</u> Economist whose Principles of Economics marked the theoretical separation of politics and economics.
3. <u>Alfred Chandler, Jr.</u>: Economic historian who wrote, The Visible Hand: The Managerial Revolution in American Business.
4. <u>Economies of throughput ('economies of speed'):</u> Realizing lower costs by maintaining a high speed and volume of flow from raw materials to finished goods.
5. <u>First mover advantage</u>: The competitive edge a business gets from being the first to adopt a new technology which will become the standard.
6. <u>Planned obsolescence:</u> Designing a product to have a limited useful life in order to encourage future sales.
7. <u>The rule of reason:</u> The rule developed by the Supreme Court to make the Sherman Act workable in an era in which businesses were organizationally and technologically compelled to restrain trade
Answer:
$18,000
Explanation:
Given data for Taylor Company;
Salaries payable at the beginning of 2015 (end of 2014) = $18,000
Salary expense during the year (2015) = $50,000
Salaries paid during the year = $50,000
Salary payable at end of year (2015) = ?
Let the salary payable at end of year= S
Using the formula
Salaries payable at the beginning of the year + Salary expense during the year - Salaries paid = Salary payable at end of year
$18,000 + $50,000 - $50,000 =S
S = $18,000
Salaries payable as at December 31, 2015 is $18,000.
Answer:
Productive Resources Owners : Households
Resources : Land, Labour, Capital, Entrepreneur [paid rent, wages, interest, profit]
Explanation:
Simple (Two Sector) Circular Flow of Income : shows how receipts & payments for factor services, goods & services revolve within two sectors of economy.
Here, the two sectors are :
- Households : Owners of factors of production & consumers of final goods & services
- Firms : Buyers of factors of production & providers (sellers) of final goods & services
Households provide firms with factors of production : Land, Labour, Capital, Entrepreneur. In return, firms pay them with respective factor payments : Rent, Wages, Interest, Profit. They produce final goods & services by utilising the productive factors.
Firms sell these final goods & services to households. In return, households pay them prices for the for their purchased goods & services, through the factor incomes they had earned from firms.
Answer:
E. 1.20
Explanation:
The formula and the computation of the debt-equity ratio is shown below:
Debt equity ratio = (Total debt ÷ Shareholders’ Equity)
where,
Total debt = $348,092
And, the shareholder equity would be
= Total assets - total debt
= $638,727 - $348,092
= $290,635
So, the debt - equity ratio would be
= $348,092 ÷ $290,635
= 1.20