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4 years ago

Which of these is not necessarily part of the game of economics ?

2 answers:

8 0

The reduction of waste, most economic concepts are focused on growth and consumption. Reducing waste doesn't really fit this.

Soloha48 [4]4 years ago

7 0

Answer:

B. The reduction of waste

Explanation:

Economic theory aims to establish the best ways to produce, distribute and market goods and services through the rational use of available resources. In other words, economic theory always aims to seek efficiency by mapping which is the best way to allocate inputs that will be able to produce a larger amount of products at a lower cost. Thus, part of the productive planning is the mapping of the consumer market, the allocation of inputs and the efficient way of distribution of services. Waste reduction is not a parameter that guides economic decisions directly. This is more part of the scope of environmental science.

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Computing Income Taxes

Anastaziya [24]

Answer:

The corporation's tax liability is $ 228,820.

Explanation:

To calculate tax liability we first have to find net profit. Detail calculation is given below.

Net profit Calculation

Sales $ 3,130,000

cost of goods sold and the operating expenses ($ 2,080,000)

Interest expense ( $ 377,000)

Net profit $ 673,000

Tax liability Calculation

Income fall under Tax bracket of 34% ($75,001 to $10,000,0000 for corporate tax. No additional surtax will be charged as income do not fall under its net.

Tax liabilty = 673,000 * 34% = $ 228,820

5 0

3 years ago

James worked for an automobile plant that has now closed, as the parts produced are no longer needed. Which type of unemployment

Zanzabum

Answer:

"Structural Unemployment"

Explanation:

According to my research on the different types of unemployment that exist in the United States, I can say that the unemployment type described in the question is called "Structural Unemployment". This is an unemployment type that is caused by industrial reorganization, usually this happens when the industry adds new technology that can do certain employees jobs the same or better than them

unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.

4 0

3 years ago

The Clark Sports Camp operates three sports programs: basketball, lacrosse and field hockey. The camp provides a unique opportun

igor_vitrenko [27]

Answer:

1. Impact on profits:

Contribution Margin = $63,000

Less: Traceable Rent = $10,000

Less: Salary of Director = $10,000

Total avoidable fixed expenses = $20,000

Decrease in Profits = $43,000

Hence, the profits will reduce by $43,000 if the basketball program is eliminated.

3. If the allocated fixed costs can be reduced by $50,000. The program should be dropped since there will be an increase in profits by $7,000 (50,000 - 43,000). The avoidable costs and revenues should be taken into account for the purpose of this decision. If the avoidable costs are more than the revenues, the line should be dropped else not.

Hence, since after considering the reduction in allocated fixed costs, the avoidable costs are greater than revenues, the program should be dropped

5 0

3 years ago

BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recently decide

fomenos

Answer:

Forward integration

Explanation:

Forward integration is a type of business strategy in which the business activities should be carried forward for incorporating the complete production of the product i.e. from the raw material to the end manufacturing of the product along with the supply chain and its logistics. In this, the supplier of the raw material should extend the business to the end manufacturing of the product

So as per the given situation, it is a forward integration

8 0

3 years ago

What are the solution to unknown gunmen problem

geniusboy [140]

Answer:

the military is the solution

6 0

3 years ago