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bogdanovich [222]
3 years ago
13

Who has to approve the budget of the U.S. government?

Business
1 answer:
allochka39001 [22]3 years ago
8 0
Answer: D. Congress
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Does the firm need to alter its choices of C and L to decrease​ cost? A. ​Yes, they need to increase Upper Lincrease L which wou
kherson [118]

Answer:

Yes, they need to increase Upper L which would cause MP Subscript Upper L to decrease and MP Subscript Upper C to increase.

Explanation:

In the specific problem outlined above, the company wants to maximize its revenue and ensure that the production cost is as low as possible for the given quantity of land, cement and the available labor. In order to ensure that this is possible, the company must try to increase the upper L so that there would be an increase in MP (subscript upper C) and a decrease in MP (subscript upper L).

4 0
3 years ago
On December 31, 20X4, Alan and Dave are partners with capital balances of $80,000 and $40,000, and they share profit and losses
lawyer [7]

Answer:

$24,000

Explanation:

For computing the implied goodwill, first, we have to calculate the total partners capital and total firm capital

Total partners capital = $80,000 + $40,000 + $36,000

                                    = $156,000

Now the total firm capital would be

= $36,000 ÷ 20%

= $180,000

Now the implied goodwill would be

= $180,000 - $156,000

= $24,000

3 0
4 years ago
If the marginal propensity to consume is 0.8, full-employment output is $14 trillion, and current output is $13.5 trillion, then
CaHeK987 [17]

Answer:

c. Increase by $0.1 trillion

Explanation:

Investment spending Multiplier is a concept in economics that measure how a given change in investment increases output. So if current output of $13.5 trillion must increase to $14 trillion, we employ the multiplier formula to derive what amount of investment spending is needed to get $o.5trillion increase in output.

(change in output)/ (change in investment) = 1/(1-mpc)

Note that mpc means marginal propensity to consume.

Let change in investment = X

change in output = 14 - 13.5 = $0.5trillion

mpc = 0.8

(0.5)/X = 1(1-0,8)

0.5/X = 1/0.2

cross multiply

X = 0.1

Thus the needed change in investment is an increase of $0.1 trillion. In other words, if investment increases by $0.1 trillion, current output will increase from $13.5 trillion to $14 trillion.

3 0
4 years ago
Which of the following items may be a good consideration in selecting a bank?
Orlov [11]

Answer:

Number of ATMs or bank branches near where you live, shop, work, or travel.

Explanation:

As much as possible, your bank should be near where you live, shop, or work. The proximity will be advantageous in various ways, including.

  1. It will reduce costs by eliminating transport expense in banking operations.
  2. Proximity will foster a better business relationship with the bank.  There are higher chances of meeting banking officials out of the work environment, which is likely to improve the relationship.
  3. Should there issues that need resolution in the bank, you will be able to resolve them more quickly.
  4. Formal communication between you and the bank will be enhanced.  Banks use hard copy documents for the majority of their official transactions. Being close to the bank will make communication faster.

7 0
3 years ago
Read 2 more answers
In a make-or-buy decision, a.the company would consider all fixed overhead to be irrelevant. b.the company would consider the pu
Nutka1998 [239]

Answer:b.the company would consider the purchase price of the externally provided good to be relevant.

Explanation:The make or buy decision analysis is an evaluation of manufacturing something in-house versus buying that product from another seller. In other words, it is when a business weighs the pros and cons of making or doing something within the business using company resources or outsourcing that part of production or business function to an outside party.

The make vs buy decision traditionally relates to parts in a manufacturing process. If an organization finds that they can make one or more of the manufacturing inputs that they use in house, then the organization should evaluate the cost and compare it to the cost of purchasing those inputs elsewhere.

3 0
3 years ago
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