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3 years ago

The net cost to society from the imposition of a tax is also known as:

1 answer:

8 0

It is also known as the DEAD WEIGHT LOSS. Dead weight loss refers to the harm and the distortions caused to the economy as a result of imposition of tax. Economic efficiency and production are the ones that are typically most affected. Dead weight loss prevents attainment of equilibrium for a product or service.

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GoSnow sells snowboards. Each snowboard requires direct materials of $128, direct labor of $53, and variable overhead of $63. Th

Fofino [41]

Answer:

Unitary selling price= $304.93

Explanation:

Giving the following information:

Unitary variable costs:

direct materials of $128

direct labor of $53

the variable overhead of $63.

Fixed costs:

The fixed overhead costs of $301,000

Fixed selling and administrative costs of $229,000

The company has a target profit of $189,800.

Units sold= 11,800 snowboards

First, we need to calculate the total contribution margin required:

Contribution margin= net profit + total fixed expense

Contribution margin= 189,000 + (301,000 + 229,000)

Contribution margin= $719,000

Now, we calculate the total variable expense:

Total variable cost= 11,800* (128 + 53 + 63)

TVC= 2,879,200

Finally, we calculate total sales and the unitary selling price:

Total sales= contribution margin + total variable cost

Total sales= 719,000 + 2,879,200= 3,598,200

Unitary selling price= 3,598,200/11,800= $304.93

6 0

3 years ago

Determine the market potential for a product that has 20 million prospective buyers who purchase an average of 2 per year and pr

Gnoma [55]

4,000,000 units should be sold a company

Explanation:

Calculating the sales in units:

It has been given that the toal market demand is $20 million, average quantity purchased by buyer per year is 2 units, price average is $50, and the desired share of the market is 10%.

$Q=n * q * p$

Where:

Q = Total market demand,

N = number of buyers in the market, q = average quantity purchased by the buyer per year,

P = price of average unit

$$\mathrm{Q}=20,000,000$ buyers $* 2$ per unit per buyer $* \$ 50$ per unit$

= $2,000,000,000

Market share = $(20,000,000 \text { buyers } * 2 \text { units per buyer }) * 0.1$

= 4,000,000 units

Hence, the company should sell 4 million units to achieve 10 percent market share.

6 0

3 years ago

Which one of these positions within a company deals directly with customers the most?

yanalaym [24]

Answer:

front-line staff

Explanation:

just took the quiz (vote brainliest plssss)

4 0

2 years ago

Short paragraph about Junior Technical Assistant

kati45 [8]

Answer:

Ttechnical assistants are junior-level administrative employees who report directly to the company manager or team leader. Their role is to provide both administrative and technical support for business clients or the internal team. Technical assistants work in a variety of fields including healthcare, computer science, manufacturing, and bankingg.

Explanation:

8 0

3 years ago

Consider the market in which clothing producers operate. Suppose productivity decreases in the factory producing jeans. Explain

Salsk061 [2.6K]

Answer:

Consider the market in which clothing producers operate. Suppose productivity decreases in the factory producing jeans. Explain how this event will change the quantity of jeans supplied and the supply of jeans today.

The quantity of jeans supplied decreases.

Explanation:

Since there is decrease in the production of jeans, hence; supply of jeans will be drastically decreased.

6 0

3 years ago