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sveta [45]
3 years ago
10

Suppose the United States removes the sugar quotas and the market price of sugar drops. Since sugar is an input in chocolate, we

would expect consumer surplus in the chocolate market to
Business
1 answer:
8090 [49]3 years ago
4 0

Answer:

The consumer surplus will definitely increase.

Explanation:

The reason is that the manufacturers have purchased the sugar at a high price and now it is available at a lower price. So this means that the price of chocolate must decrease in the market if the price of material input is fallen. But the chocolate prices will take time to fall and as the result the customer is willing to pay lower prices but he is forced to pay more because the manufactured chocolates include sugar which was bought at a higher price. So the consumer surplus will increase.

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Having the benefit of a tutor or coach who models how to do do things such as setting goals, developing strategies, formulating
Elanso [62]

Answer:

SELF - REGULATION

Explanation:

Self - regulation

This involves controlling one's behavior, emotions and thinking in the pursuit of a goal or objective. Self regulation involves setting goals, developing strategies, formulating implementation intention, monitoring performance, and evaluating how well one is doing and so on. It involves knowing techniques that helps adjust one physically, mentally and emotionally in various conditions in order to promote general well being. It also involves managing one's self.

5 0
3 years ago
A Coverdell Education Savings Account may be preferred to a Sec. 529 Education Savings Account under all of the following circum
Tpy6a [65]

Answer:

A)The student beneficiary will use the money to pay for high school expenses.

Explanation:

A Coverdell Education Savings Account can be used for elementary, secondary, or higher education expenses (college). The money can be used to pay for public, private, or religious schools. On the other hand, 529 plans can only be used to pay for higher education expenses (college).

The maximum contribution to a Coverdell Education Savings Account is $2,000 per year per child and the contribution is not tax deductible. But when the distributions are taken to pay for the child's qualified education expenses, then they are not taxed.

6 0
2 years ago
Use the following chart to explain how the amount of principal affects the total cost of the loan
german

Answer: The higher the principal, the higher the total cost of the loan

Explanation:

From the chart shown we can see that the loan with a higher principal has a higher total cost than the loan with the smaller principal.

This happens because the interest rate attached affects larger figures more than smaller ones. 6.47% of $6,000 is $389 which is larger than 6.47% of $5,000 which is $324 (calculating the cost of a loan is more cumbersome than this but this shows the effect as well).

When compounded overtime, this difference will be even more and thus shows that larger principals cause larger total costs.

7 0
3 years ago
Zen Manufacturing Company is considering replacing a four-year-old machine with a new, advanced model. The old machine was purch
dedylja [7]

Answer:

$4,800

Explanation:

The computation of additional annual cash inflow is shown below:-

Saving in Annual Maintenance Cost by new machine = $15,000 - $6,000

= $9,000

Net savings on Maintenance = $9,000 × (1 - 0.4)

= $5,400

Decrease in Depreciation due to purchase of New machinery

= ($60,000 ÷ 10) - ($45,000 - 10)

= $6,000 - $4,500

= $1500  

Tax to be paid due to decrease in Depreciation = Decrease in Depreciation due to purchase of New machinery × Tax rate

= $1,500 × 0.4

= $600

Net Annual cash Inflow due to new machinery =  Net savings on Maintenance - Tax to be paid due to decrease in Depreciation

= $5,400 - $600

= $4,800

So, for computing the additional annual cash inflow we simply applied the above formula.

4 0
3 years ago
Students arrive at the Adminsitrative Office at an average of one every 24 minures, and their requests take on average 12 minute
larisa [96]

<u>Solution and Explanation:</u>

arrival time = 24 per minute, processing time = 12 minutes, number of servers = 1 ( work for 8 hours a days)

a. arrival rate = 60 divide 24 = 2.5 customer per hour, service rate = 60 divide 12 = 5 customers per hour

therefore, the probability that the operator will be busy = 2.5 divide 5 = 0.5

thus, the percentage of idle time = 1 minus 2.5 divide 5 = 0.50

Thus, the percenatge idle time is 50%

b. the average spent by a student waiting in a line = 2.5 / 5(5-2.5)

= 0.20 hours.

Thus, on an average a student spent 0.20 hours waiting in line.

c. the average number in waiting line = 0.5 customers

d. the probability for the given condition to happen is 0.25, 25%

4 0
2 years ago
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