Answer: Fall in revenue
Explanation:
A decrease in demand means a lower level of demand compare to the previous period. A price taking firm means that the firm cannot determine the price in the market. Profit maximising level of output means the output level that gives the highest profit.
A fall in demand without an increase in price at a profit maximising level of output will lead to a fall in revenue and profit all things being equal.
The period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS was during:
- <u>D. Economic recessions.</u>
According to the given question, we are asked to show the period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS.
As a result, we can see that Keynes, one of the fathers of economics stated that it was <em>important</em> for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.
Therefore, the correct answer is option D
Read more about Keynesian Economics here:
brainly.com/question/14223529
Answer:
a. $197,600
b. $163,400
c. $108,600
Explanation:
a. Manufacturing margin = Sales - Variable cost of goods sold
= $380,000 - $182,000
= $197,600
b. Contribution margin = Manufacturing margin - Variable selling and administrative expenses
= $197,600 - $34,200
= $163,400
c. Income from operations = Contribution margin - Fixed manufacturing costs - Fixed selling and administrative expenses
= $163,400 - $57,000 - $2,800
= $108,600
Answer:
a. Kantianism
Explanation:
Kantianism -
This theory was given by Immanuel Kant.
According to this theory ,
Good deeds and duty are the crucial elements in order to determine the action which need to be taken .
Any activity is considered to be good , only if it is morally correct .
Hence , from the question , spanking children is not a good activity and it not accepted ethically .
Hence , in the given scenario Kantianism is applicable .
Answer:
Price to pay now for the stock = $96.278
Explanation:
<em>The price of the stock would be the present value(PV) of the future cash flow expected from it discounted at the required rate of 13%</em>
<em>Hence we would add the present value of he dividend and the resent of he price at the end of the period</em>
PV = CF × (1+r)^(-n)
<em>CF- Cash Flow</em>
<em>R- rate of return- 13%</em>
<em>n- number of years</em>
PV of dividend = 2.60 × (1.13)^(-1) = 2.30
PV of stock price after a year = 120× (1.13)^(-1) = 93.97
Price to pay now for the stock = 2.30 + 93.97 = $96.278
Price to pay now for the stock = $96.278