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3 years ago

Which economic procedure best encourages voluntary exchange?

Business

2 answers:

Svetlanka [38]3 years ago

5 0

i think its government regulations or possibly scarcity

Mashcka [7]3 years ago

3 0

Answer: (a) specialization

Explanation: out of all the four options (i.e.: specialization, price ceilings, scarcity, government regulation) specialization is the economic procedure that encourages voluntary exchange the most. This is because in specialization, a country is not self-sufficient; it does not produce everything itself. It only produces those good or services, which it produces best in terms of price and efficiency and hence, since it is only producing limited products, it will have to rely on trade to obtain goods and services that other country, are producing better.

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At an activity level of 9,200 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $825,

dybincka [34]

Answer:

variable per unit $ 89.72

fixed cost per unit $ 26.5

total unit cost $ 116.22

Explanation:

Variable cost per machine-hour

825,420 / 9,200 = 89.72

This will keep constant at unit level thus, at 9,400 the variable cost will still be 89.72

Now fixed cost: 249,100 / 9,400 output = 26.5

This is the fixed cost per unit considering a 9,400 untis output

Now, we add them to get the total unit cost:

89.72 + 26.5 = 116.22

6 0

3 years ago

A newspaper headline writer found that the more adjectives she put in the titles of her articles, the greater the number of news

Ivahew [28]

Answer:

Positive.

Explanation:

A linear function has a positive relationship and as such an increase in one variable (input variable) causes an increase in the other variable (output variable) i.e the variables are directly proportional. Thus, the graph of a linear function is a straight-line and its slope is always constant.

On the other hand, nonlinear function has a negative relationship and as such an increase in one variable (input variable) causes a decrease in the other variable (output variable) i.e the variables are inversely proportional.

This ultimately implies that, the graph of a nonlinear function is a curved line and whose direction is constantly changing

In this scenario, the relationship between numbers of adjectives and newspaper sales must be positive because the higher the amount of adjectives put in the titles of her articles, the greater the number of newspapers that would be sold on a particular day.

6 0

3 years ago

Assuming the Fashion line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Fashio

horrorfan [7]

Answer:

A) Increase $137,500

Explanation:

Calculation for how will operating income be affected

CHANGE IN OPERATING INCOME

Sales Revenue (Additional) $850,000

(250 %* 340,000)

Less Variable expenses (Additional) ($587,500)

(250 % *$ 235,000)

Contribution Margin $ 262,500

($850,000-$587,500)

Less Fixed Expenses ($76,000)

($262,500-$76,000)

Operating Income $ 186,500

( $ 262,500-$76,000)

Less Previous Operating Income ($49,000)

Operating Income $137,500 Increase

($ 186,500-$49,000)

Therefore the operating income will increase by $137,500

7 0

3 years ago

James, a production manager at a growing company, has mastered the processes and procedures of overall management of the ongoing

IgorLugansk [536]

Answer:

Vicarious learning

Explanation:

The learning that comes from the observation of the things are often refered to as vicarious or observational learning. The production manager here observes the processes and procedures involved in production and had learned these as well which is the obsevational learning of James.

3 0

3 years ago

S. S. Sarkar (S.S.S.), a real estate investment company, is considering investing in a shopping center. The sale price is $5,000

Alex777 [14]

Answer:

S.S.S. should not purchase the shopping center because its NPV is negative, i.e. -$1,952,890.30

Explanation:

Note: See the attached file to see how the net present value is calculated.

From the file, it can seen that the project will result in a negative NPV of $1,952,890.30. Therefore, S.S.S. should not purchase the Shopping center.

Download xlsx

7 0

4 years ago