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3 years ago

What are the cost and consequences of providing welfare payments and consumer subsidies

1 answer:

4 0

The cost is clearly came from the national Budget. By providing welfare payments and subsidies, there will be less budget for other Government's plan.

As for the consequences, there are positive and negative consequence
Positive :
- It could improve the quality of life of the people in that country

Negative :
- There's a risk that people could rely on the welfare too much and became heavily dependent on it

You might be interested in

Discuss the role of ethics in operations.

ozzi

Answer:

Ethics serve as a guide to moral daily living and helps us judge whether our behavior can be justified. Ethics refers to society's sense of the right way of living our daily lives. It does this by establishing rules, principles, and values on which we can base our conduct.

5 0

3 years ago

The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambu

babunello [35]

Answer:

Explanation:

A) using 2-year moving average :

Year 6 : (3800 + 3700) = 7500 / 2 = 3750

2) Mean absolute deviation based on the forecast above :

(3000 + 4000) = 7000/2 = 3500

(4000 + 3400) = 7400/2 = 3700

(3400 + 3800) = 7200/2 = 3600

3000

4000

3400 __3500__100

3800__3700__100

3700__3600__100

Mean absolute deviation = (100 + 100 + 100) /3 = 300/3 = 100

C) weight of 0.4 and 0.6

(0.4*3000 + 0.6*4000) = 3600

(0.4*4000 + 0.6*3400) = 3640

(0.4*3400 + 0.6*3800) = 3640

3000

4000

3400 __3600__200

3800__3640__160

3700__3640__60

(200 + 160 + 60) = 420 / 3 = 140

5 0

4 years ago

Frames, Inc. manufactures, produces, and sells picture frames. The frame sells for $25 and the variable operating costs per unit

astraxan [27]

Answer:

D) $320,000

Explanation:

We are given the following information:

unit price = $25 per frame
variable costs = $12 per frame
fixed costs = $50,000 for 25,000 frames or $2 per frame

If Frames is able to sell 30,000 frames in one month, their operating income should be:

Total sales revenue $750,000 (= $25 per frame x 30,000 frames)

Gross operating profit $320,000

7 0

3 years ago

To an economist, utility refers to the______________.a. usefulness of a good or service.b. satisfaction that results from the co

frozen [14]

Answer:

The correct answer is letter "B": satisfaction that results from the consumption of a good.

Explanation:

Utility is referred to as the satisfaction or joy an individual perceives by consuming a good or service. The more the individual consumes that good the higher the satisfaction until a point where the joy starts to diminish and is eventually null. The concept of utility assumes individuals make rational decisions to maximize their benefits.

4 0

3 years ago

Care must be taken involving capital investment decisions, since normally a long-term commitment of funds is involved and operat

scoray [572]

It is a true statement that extreme care need to be exercise while making decision involving capital investment.

<h3>What are capital investment?</h3>

These are investment that entails a long-term commitment of funds for business operations.

These is an investment that allows a company to further its long-term business goals and objectives.

In conclusion, an extreme care is needed while deciding on capital investment because a wrong decision will affect the firm operation in the long run.