Answer:
The correct answer is c. leads sellers to supply a smaller quantity at every price
Explanation:
When the tax is imposed on the sellers, this reduces the profit they receive from the customers and increases an additional tax expense. Because of this, the sellers reduce the amount they provide and the prices increase as well.
Answer:
Koshka
If Koshka accepts the make or buy offer, it will save $17 per batch.
Explanation:
a) Data and Calculations:
Cost of making corn chips per batch:
Direct materials $18.00
Direct labor 13.00
Variable overhead 11.00
Fixed overhead 14.00
Total costs $56.00
Relevant costs of making the corn chips batch in-house:
Direct materials $18.00
Direct labor 13.00
Variable overhead 11.00
Total variable costs $42.00
Relevant cost of buying from the outside supplier per batch = $25
Savings = $17 ($42 - $25)
b) Fixed overhead is not a relevant cost because it will still be incurred whether Koshka makes or buys the corn chips batch. The relevant costs are the costs that will change as a result of the choice made.
Answer:
The initial margin is $5,950
Explanation:
To calculate for the initial margin, we have to decide from two options. After making the calculations, the initial margin would be the one with a greater outcome.
Given:
Option price = $3.50
Strike price = $60
Stock price = $57
Stock price - Strike price = $60- $57 = $3
Option 1:
Option 2:
Since we got $5,950 in our first calculation, we will take that as our initial margin as it is greater than the second option. It can be provided in part with initial sum of $500 * 3 = $1,750
Answer:
C. 28
Explanation:
Market demand for a commodity is the sum of individual demands of the consumers. now, there as there are 7 individuals demanding 4 units of the commodity.
market quantity demanded = 7*4
= 28 units
Answer:
D. is concerned with the expansion and contraction of the overall economy.
Explanation:
Macroeconomics -
It is the sub branch of the economics , which deals with the economy as a whole complete unit , is referred to as macroeconomics .
The study includes the factors like deflation , inflation , national income , rate of economic growth , gross domestic product etc.
It includes the global economy , national as well as regional economy .
The study helps to deal with problems of economy , evaluation of any economic policies .
Hence , from the given question ,
The correct option is D.