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makkiz [27]
3 years ago
9

Public policies a. may be able to improve either economic efficiency or equality. b. may be able to improve economic efficiency

but cannot improve equality. c. may be able to improve equality but cannot improve economic efficiency. d. cannot improve either equality or economic efficiency.
Business
1 answer:
Crazy boy [7]3 years ago
5 0

Answer:

A. May be able to improve either economic efficiency or equality.

Explanation:

Public policies: These are the government's policies meant for the public´s benefit and it is tailored to translate vision into action to execute planning and get the desired result. These policies are important to resolve public issues efficiently and effectively with equality. It should be formed under the laws and regulations of the state.

There are five stages of policy making process:

  • Agenda setup.
  • Policy formulation.
  • Decision making.
  • Implementation
  • Evaluation.
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To make a batch of 800 units, it is estimated that 120 direct labor hours are required at a cost of $12 per hour. Direct materia
Anna [14]

Answer:

It is more convenient to buy the product from an outsource supplier.

Explanation:

Giving the following information:

To make a batch of 800 units, it is estimated that 120 direct labor hours are required for $12 per hour. Direct material costs are estimated at $1,800 per batch. The overhead costs are calculated based on an overhead rate of $7.50 per direct labor hour. The item can be readily purchased from a local vendor for $5 per unit.

We need to determine whether it is more convenient to make in house or outsource.

Make in house:

Total variable cost= 120*12 + 1,800 + 120*7.5= $4,140

Unitary variable cost= 4,140/800= $5.18

Buy= 5

It is more convenient to buy the product from an outsource supplier.

6 0
4 years ago
Chattanooga Company purchased a depreciable asset for $80,000 on January 1, 2015. The estimated salvage value is $20,000, and th
zimovet [89]

Answer: $17,333

Explanation: The above answer can be calculated as follows :-

Depreciation till  =\frac{80,000\:-20,000}{5}\:\times 2\:=\$24,000

2015 TO 2017

now,

value of asset in 2017 = $80,000 - $24,000 + $16,000 = $72,000

therefore,

Depreciation in 2017 =\frac{72,000\:-20,000}{3}\:\times 2\:=\$17,333

4 0
4 years ago
2 ways in which busisnsses may act ethically
hram777 [196]
Businesses can act ethically by being honest and fair
4 0
4 years ago
Shelia was abducted from a school football field, taken to a bank, and forced to withdraw money from an atm machine. afterward,
Law Incorporation [45]
The correct answer is
A. Football Field

The reason for this is because the football field is the place where she was abducted. Although other crimes were committed the beginning of the crime starts with her abduction.
4 0
3 years ago
Which of the following best describes operating income? Multiple Choice It includes the results of discontinued operations. It i
adelina 88 [10]

Answer:

It is before operating expenses.

Explanation:

Operating income is an accounting measure that shows the amount of money that a company has made from its daily operating activities. This means that operating income does not include earnings from non-operating activities like interest made from loans (unless we are talking about a financial institution).

Operating income is equal to revenue minus cost of goods sold, minus any other operating expense such as wages, depreciation, utilities, and rent.

8 0
3 years ago
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