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3 years ago

The classical dichotomy and the neutrality of money

Business

1 answer:

GalinKa [24]3 years ago

3 0

Answer:

1. Relative price = $3

2. Increases

3. affects , not affect

Explanation:

As per the data given in the question,

1) The relative price of a paperback novel in 2016 = Maria,s wage ÷ Price of a paperback novel

= $54÷$18

= $3

2) Between 2011 and 2016, the nominal value increases and the real value of Maria's wage remains the same.

3)Monetary neutrality is proposition that the change in the money supply affects the nominal variables but it does not affect the real variables.

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Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 130,000 units of basic, 508,000

katrin [286]

Answer:

the total contribution margin if Bricktan chooses the most profitable sales mix is $27,000,000

Explanation:

It is important to note that the limiting factor identified is the production hours.

Step 1 Calculate Contribution per limiting factor of each product

Basic

1 unit requires 0.1 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

= $15/0.10

= $150

Classic

1 unit requires 0.125 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

= $25/0.125

= $200

Deluxe

1 unit requires 0.25 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

= $55/0.25

= $220

Step 2 Rank the products

1st = Deluxe

2nd = Classic

3rd = Basic

Step 3 Determine the production mix

Product Total hours demanded Balance

Capacity 134,000

Deluxe (230,000×0.25) = 57,500 76,500

Classic (508,000×0.125) = 63,500 13,000

Basic (130,000×0.1) = 13,000 0

Step 4 Calculate total contribution

Deluxe (230,000×$55) = 12,650,000

Classic (508,000×$25) = 12,700,000

Basic (130,000×$15) = 1,650,000

Total = 27,000,000

7 0

3 years ago

Enrique did not want to tell his manager that it was not likely that his employees would meet the looming production deadline. H

asambeis [7]

Answer:

B. Upward distortion

Explanation:

Based on the information provided within the question it can be said that this seems to be an example of upward distortion. In the context of business, this refers to when a lower employee fails to, or is hesitant to communicate negative information to his/her superiors due to the consequences. Which is what Enrique is doing in this scenario.

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2 years ago

Fill in the blank. Today most large corporations not only accept the necessity of affirmative action but also find that ________

netineya [11]

The answer is: the bottom line

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2 years ago

Delta Company performed $20,000 of services on account and recorded the amount due as a typical account receivable. Over time, i

Llana [10]

Answer:

D) No impact on the accounting equation.

Explanation:

Nothing would happen since the amount to be received would remain the same i-e $20,000, so there is no chance for increase in liabilities. Moreover, the there is no new services so that asset should be impacted.
What there has been done is just classifying the payment which the Delta thought that they would receive earlier, but now it is being realized that it will take long, so just to not make any mistake or confusion for future this was done.

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2 years ago

Tara and her parents want to save at least $40,000 for college in 8 years. Which statement describes the most effective savings

Minchanka [31]

Tara and her parents should make deposits of $450 every month into a college savings account.

4 0

2 years ago

Read 2 more answers