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2 years ago

What role does the government play in the economy's circular flow?

1 answer:

4 0

Depends are we talking capitalism, or socialism.

In capitalism there is no government intervention in the Economy, no laws, nothing.

In socialism, the government controls all of the economy, Tarriffs, Hours, etc.

So the government is supposed to play the middleman to help the people, but also the businesses, as such the united states had introduced less work hours, to help increase the productivity of the workers, which did indeed work.

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Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $120 per unit. Variable expenses are $60.00 pe

umka21 [38]

Answer:

50%

Explanation:

Given: Selling price= $120 per unit.

Variable cost= $60 per unit.

First computing contribution margin.

Contribution margin= $Selling\ price\ per\ unit - variable\ cost\ per\ unit$

⇒ Contribution margin= $\$120 - \$ 60$

∴ Contribution margin= $\$ 60$

Now, calculating the contribution margin ratio.

Contribution margin ratio= $\frac{Contribution\ margin}{selling\ price\ per\ unit}$

⇒ Contribution margin ratio= $\frac{\$ 60}{\$ 120} \times 100$

∴ Contribution margin ratio= $50\%$

Hence, the product´s contribution ratio is 50%.

7 0

2 years ago

Josh Turner has done some research and has found that the population in the U.S. is aging, and this means that there will be an

Rashid [163]

The following answer is "A"

4 0

3 years ago

Read 2 more answers

What would most likely happen if Congress decreased taxes and increased spending?

kotegsom [21]

Employers would most likely to expand their business and hire more people

People would be richer

People would also buy less things for the price of products

Lot of debt

Demand probably won't be a problem (in some cases)

4 0

3 years ago

Read 2 more answers

Small businesses that are just getting off the ground often have problems with the difference between cash coming into the busin

Hatshy [7]

Answer: cash flow

Explanation:

Cash flow refers to the net amount of cash and cash equivalents which is being transferred into and out of a business.

The cash flow is an important financial statement of any business. It's vital for all businesses to keep a watch on their cash flows. This is vital in knowing if the business is making a profit or loss.

5 0

2 years ago

RV Company agrees to buy a certain quantity of vintage campers from Sales Inc. Their contract limits consequential damages for l

Aleks [24]

Answer:

consequential damages cover only reasonable foreseeable losses.

Explanation:

The contract limits the resulting loss to lost profits from the use of the goods. The limit is not necessarily unconscious because lost profits are not necessarily significant and can be considered as direct or indirect losses.
the contract may apply to both the lease and the sale and excluding some from the contract simply because it is a commercial loss makes no sense.
so limit is not necessarily unconscionable because consequential damages cover only reasonable foreseeable losses.

4 0

2 years ago