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Svetlanka [38]
3 years ago
7

What evidence indicated throughout the 1920s that the economy was not as healthy as most believed? why weren’t these weaknesses

addressed?
Business
1 answer:
Readme [11.4K]3 years ago
8 0
The economy of the United States during the 1920s seemed so prosperous and it actually relied much more on speculation and stock exchange. However, this was not addressed earlier because Americans were preoccupied with their riches than the real problem that was building up.
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You just bought a motorcycle for $8,000. You plan to ride the motorcycle for two years, and then sell it for $3,200. During this
lana66690 [7]

Answer:

Total fixed costs  = $6,800

b. Total variable cost = $2,775

c.  = $0.48 per mile

2. iii variable costs, because they can be avoided.

Explanation:

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.  

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.  

Depreciation + Insurance + cost of registration

Depreciation = Cost - salvage = 8,000 - 3,200 = $4,800

Insurance = 960 x 2 = 1920

Total fixed cost = 4,800 + 1920 + 80  = $6,800

Total variable cost

Gasoline + Service + Oil change + tire replacement

Gasoline = 10,000/ 50 = 2000 x 2.5 x 2 = 1000

= (1000 + (240 * 5) + (35 * 5) + 400

= 1,000 + 1,200 + 175 + 400  = $2,775

Total cost / Number of miles

= (6,800 + 2,775) / (10,000 * 2 years)

= $0.48 per mile

6 0
3 years ago
Which of the following weakens the government control in the marketplace?
diamong [38]
The appropriate response is deregulation. Deregulation, the omission of some administration controls over a market, it permitted or constrained firms to contend by dispensing with many value controls and obstructions to section. The objective of deregulation is to promote competition.
5 0
3 years ago
Read 2 more answers
Mantle Publications publishes a golf magazine for beginners interested in learning and playing golf. The magazine sells for $4.0
omeli [17]

Answer:

December:

Dr cash         $16,000

Cr subscription revenue   $16,000

Dr cash                         $216,000

Cr unearned revenue                     $216,000

January 2017:

Dr unearned revenue $18,000

Cr subscription revenue            $18,000

Explanation:

The sales of 4000 copies at the newstand means that revenue of $16,000($4*4000) has been earned in December,which means that cash would debited with $16,000 and sales revenue credited with the same amount.

In December,the subscriptions received in advance for 2017 of $216,000($36*6000) would be debited to cash and credited to unearned revenue account.

At the end of January,the unearned revenue would be debited with $18,000($216,000/12) in respect of subscription earned as a result of the Magazine been mailed to subscribers in the month,which now entitles the company to one month subscription as earned sales revenue.

3 0
3 years ago
The following purchase transactions occurred during August for Elegance Catering Service: Aug. 4 Purchased cleaning supplies for
PtichkaEL [24]

Answer:

                                                      Debit                     Credit

Aug 4   Cleaning Supplies                79

            Accounts payable                                               79

            (Innovation Supplies)  

Aug 19   Office Equipment                 4900

             Accounts Payable                                         4900

            (Office Warehouse)

Aug 23    Cleaning Supplies               209

                Accounts Payable                                    209

                 ( Rubble Supplies)

Explanation:

3 0
3 years ago
Suppose, you own a screen-printing business and you enter into a contract with a local school to print 50 orange t-shirts with t
LUCKY_DIMON [66]

Answer: $500

Explanation:

Based on the scenario in the question, there's a breach of contract as the shirts aren't delivered and there are 50 t-shirts which cost $10 each that no one law is willing to buy because it has a school name and their mascot on the front.

Here, the maker of the shirt can sue for damages and since there's no resale, the amount to be sued for damages will be the price of each shirt multiplied by the total number of shirt. This will be:

= $10 × 50

= $500

6 0
3 years ago
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