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Sever21 [200]
3 years ago
12

Question 1 Multiple Choice Worth 10 points)

Business
1 answer:
kipiarov [429]3 years ago
3 0

Answer:

Federal Trade Commission

Explanation:

I just took the quiz and got it right.

You might be interested in
Johanna, an Austrian citizen, is graduating from a U.S. medical school. She knows she will have to pay a much higher percentage
Ierofanga [76]

Answer:

C,<em> Brain drain</em>

<em></em>

Explanation:

<em>What is brain drain?</em> Brain drain according to Wikipedia is a problem described as the process in which a country loses its most educated and talented workers to other countries through migration. Negative effects include loss of tax revenues by the home country, and a loss of key health and education service professionals. <em>A brain drain can result from turmoil within a nation, the existence of favorable professional opportunities in other countries, or from a desire to seek a higher standard of living.  </em>Johanna's brain drain came as a result of more favorable conditions in the U.S.

6 0
3 years ago
Vaughn Manufacturing, Inc.currently manufactures a wicket as its main product. The costs per unit are as follows: Direct materia
ra1l [238]

Answer:

Relevant cost = $19

Explanation:

Relevant cost refers to the cost which is avoidable on the addition of any other unit, here the direct cost of material, and labor $14 and variable overhead of $5 per head is avoidable straight as is related to per unit.

Further fixed cost of $8 each allocated is already incurred and not relevant for the decision for any additional unit.

Therefore, in the given case relevant cost = $14 + $5 = $19

Since that is the only avoidable cost.

Fixed cost has already been incurred and cannot be avoided.

Relevant cost = $19

8 0
3 years ago
Countries A,B, and C with respective total populations 50 million, 18 million, and 15 million also have annual GDP as:
gogolik [260]

Answer: D. A = $8560 ,B= $11111 and C= 466$

Explanation:

Country A

Annual GDP = $428 billion

Population = 50 million

Annual GDP per person = $428 billion / 50 million = $8560

Country B

Annual GDP = $20 billion

Population = 18 million

Annual GDP per person = $20 billion / 18 million = $1111

Country C

Annual GDP = $7 billion

Population = 15 million

Annual GDP per person = $7 billion / 15 million = $466.

The correct option is D.

5 0
3 years ago
Prepare partners' capital statement and partial balance sheet. (LO 2) For National Co., beginning capital balances on January 1,
timurjin [86]

Answer: The answer had been attached below

Explanation:

The purpose of a balance sheet is to show the financial status of a business at a particular point in time. It shows an asset i.e what is owned by an entity, the liability i.e how much an entity owes and an equity i.e the amount invested in a business.

The partners' capital statement and partial balance sheet. (LO 2) for National Co., has been prepared and attached below.

5 0
3 years ago
If an individual pays an additional $0.30 in taxes as a result of a $1.00 increase in income, then that individual must have a(n
sattari [20]

Answer:

Marginal

Explanation:

Individuals are required to pay taxes on the income earned. Marginal tax rate is the rate applicable on the additional income earned. This rate increase with the increase in income. The aim of marginal tax rate is to tax individuals based on their income. Higher the income, higher will be marginal tax rate. So, lower income group would be taxed at a lower rate.

Here, additional taxes of $0.30 for a $1 increase in income means the individual's marginal tax rate is 30% that is 0.3/1 × 100.

6 0
3 years ago
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