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anastassius [24]
3 years ago
10

Ben says that "an increase in the tax on beer will raise its price." Holly argues that "taxes should be increased on beer becaus

e college students drink too much." We can conclude that:_________
A. Ben's statement is normative, but Holly's is positive.
B. Holly's statement is normative, but Ben's is positive.
C. Both statements are normative.
D. Both statements are positive.
Business
1 answer:
Grace [21]3 years ago
7 0

Answer:

B. Holly's statement is normative, but Ben's is positive.

Explanation:

Positive statements are based on objective deduction of what is, or was. It is based on facts. Ben's comment "an increase in the tax on beer will raise its price", is an example of positive statement.

Normative statements are subjective and based on individual values and judgement. In her statement Holly appears to be biased against drinking much. She says "taxes should be increased on beer because college students drink too much." Is a normative statement.

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Answer:

Total LIFO Cost of Goods Sold  1150 units for $ 1302000

Explanation:

LIFo means last in first out. The units bought at the end of the period would be sold first.

Lauer Corporation

Date     Transaction        Number of Units Cost per Unit    Total

1/1          Beginning Inventory       260              $ 960          249600

5/5            Purchase                    360                 $ 1,060      381600

8/10            Purchase                  460                  $ 1,160       533600

<u>10/15            Purchase                280                     $ 1,210      338800</u>

<u>Total                                         1360                                       $ 1503,600 </u>

During the year, Lauer sold 1,150 laptop computers.

LIFO COGS

280 units at   $ 1,210  =    338800

460  units at  $ 1,160  =  533600

360  units at  $ 1,060 =    381600

50 units at $ 960= $ 48000

Total LIFO Cost of Goods Sold  1150 units for $ 1302000

5 0
3 years ago
If Jamie Lee does not want to pay more than $285 a month and is unwilling to take a loan for more than five years what is the ma
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Based on the number of years that Jamie Lee wants to take the loan and the monthly payment, the maximum she is willing to pay is $17,100.

<h3>How much is the maximum that Jamie Lee wants to pay?</h3>

This can be found as:

= Maximum monthly payment x Number of months to pay

Solving gives:

= 285 x 5 years x 12 months a year

= 285 x 60 months

= $17,100

Find out more on maximum willingness to pay at brainly.com/question/19131867.

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6 0
2 years ago
Many firms have achieved success by integrating activities throughout the extended value chain by using _______ to link their ow
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Many firms have achieved success by integrating activities throughout the extended value chain by using information technology to link their own value chain with the value chains of their customers and suppliers.

<h3>What is information technology?</h3>

Information Technology is the study systems which retains and sends information to recipients or users. Also, Information technology tends to focus on both the system hardware and the software.

An Information Technology refers to the collection of technology components that serves the needs of its users and the owner of the resulting system.

Learn more about information technology here: brainly.com/question/14462836

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2 years ago
Classified ads are printed only in newspapers. True False
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3 years ago
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<span>Payment for the use of a copyrighted work is called a tax

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