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3 years ago

If supply-side policies succeed, less output is produced at every price level.

Business

2 answers:

mamaluj [8]3 years ago

6 0

Answer:

IT is False

Explanation:

supply-side policies are policies made by the Government to increase/ boost productivity of goods and services if these policies succeed aggregate supply will increase and there will be a higher return in economic growth of the Nation going forward. example of these kind of policy is Government spending in the production of Agricultural products to increase the supply of Agricultural products in the market hence quenching the ever increasing demand of Man for food and other Agricultural produce. therefore the statement that :

if supply-side policies succeed, less output is produced at every price level is FALSE

Anton [14]3 years ago

3 0

Answer:

False

Explanation:

If supply-side policies succeed then more production is reach in the market.

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Compute the selling price if variable costs are $16 per unit. Determine the formula used to calculate the selling price.

dezoksy [38]

Answer: $40

Explanation:

Selling price can be calculated through the contribution margin equation;

Contribution margin = (Selling Price - Variable cost) / Selling Price

Contribution margin = Fixed costs/break-even point

= 660,000/1,100,000

= 60%

60% = (Selling Price - 16) / Selling Price

Selling price * 60% = Selling price - 16

16 = Selling price - (0.6 * selling price)

16 = Selling price * 40%

16/40% = Selling price

Selling price = $40

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2 years ago

Wealth that is earned, saved and loaned out to make a profit is called _______________.

Elena L [17]

The correct answer is (a.) capital. The wealth that is earned, saved and loaned out to make a profit is called capital.Capital is also the money or wealth that an entrepreneur must have to produce services and good for the consumers.

8 0

3 years ago

Read 2 more answers

One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per

jekas [21]

Answer: Number of months = 66.87 months

Explanation:

Given that,

Monthly Payment = $500

Interest rate(r) = 1.95% per month

Current Balance = $18,500

Number of months(t) = ?

$Current\ balance = Monthly\ payment\times(\frac{1-present\ value\ factor}{r})$

$Current\ balance = Monthly\ payment\times(\frac{1-\frac{1}{(1+r)^{t}} }{r})$

$18,500 = 500\times(\frac{1-\frac{1}{(1+0.0195)^{t}} }{0.0195})$

$\frac{18,500}{500}\times0.0195=1-\frac{1}{1.0195^{t} }$

$\frac{1}{1.0195^{t}}=1-0.7215$

$1.0195^{t}=\frac{1}{0.2785}$

$1.0195^{t}=3.5906$

Taking log on both side

t log(1.0195) = log(3.5906)

$t = \frac{0.5551}{0.0083}$

t = 66.87 months

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3 years ago

All sales are made on credit. Based on past experience, the company estimates 2.5% of ending account receivable to be uncollecti

Misha Larkins [42]

Answer:

Debit Bad Debts Expense $12,475

Credit Allowance for Doubtful Accounts $12,475

Explanation:

Calculation for estimated bad debts expense:

Explanation

Accounts receivable * Sales uncollectible

$445,000×0.025

=11,125

Hence:

11,125 +Allowance for Doubtful Accounts 1,350

=$12,475

Therefore the estimated bad debt will be:

Debit Bad Debts Expense $12,475

Credit Allowance for Doubtful Accounts $12,475

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