Answer:
Explanation:
a. "not in the labor force" since she is neither working or looking for a job and instead is studying
b. "employed", currently works as a tennis coach
c. "unemployed", she does not have a paying job yet but is looking for one
d. "not in the labor force", does not have a job and is not looking for one at the current moment in his life.
Answer:
$10,200
Explanation:
The computation of the deferred income tax expense or benefit is shown below:
Favorable temporary difference = $50,000
Less: Unfavorable temporary difference -$20,000
Net favorable temporary difference $30,000
We assume the tax rate is of 34%
So, the deferred tax expense is
= $30,000 × 34%
= $10,200
By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above
The answers to the question are:
- The machine that is the constraint is the machine c.
- The product m = 80 units and n = 80 units
- Net profit = $3600
<h3>1. How to solve for the constraint of the machine</h3>
We have to solve for the workload of the machines
For A. 20*100 = 2000
For B, 5 * 100 + 10 *80
= 500 + 800 = 1300
For Machine C = 15 * 100 + 15 * 80
= 1500 + 1200
= 2700
The time at the workstation in c is more than the constant time of 2400, hence the constraint that we have is machine c.
b. 2400- 1200 = 1200
The product mix would be 1200/15
= 80
Hence the product mix m = 80 units and that of n = 80 units
<h3>c. The total net profit</h3>
80*$90 = 7200 , 80 * 105 = 8400
7200 + 8400
= 15600
The net profit = 15600 - 12000
= $3600
Read more on net profit here:
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Solution:
Let's start by assuming that the taxi ride demand is extremely elastic, to the extent that it is vertically sluggish! If the cabbies raise the fair price by 10% from 10.00 per mile to 11.00 per kilometre, the number of riders remains 20.
Total income before fair growth= 20* 10= 200.
Total income following fair growth = 11* 20= 220.
A 10% increase in the fare therefore leads to a 10% increase in the driver's revenue.
Therefore, the assumption in this situation is that the cab drivers think the taxi driving requirement is highly inelastic.
The demand curve facing the drivers of the cab is still inelastic, but not vertically bent.
When the rate increased from 10% to 11, riders declined from 20% to 19%
Total revenue before fair growth is 20* 10= 200
The gap between revenue and fair growth is 19* 11= 209
This means that a realistic 10% raise doesn't result in a 10% boost on income Because the market curve for taxi rides is not 100% inelastic, but rather low inelastic, so that a fair increase (control) allows consumers to lose their incomes.
Answer:
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