Answer:
$125,714
Explanation:
Calculation for A company margin of safety
Using this formula
Margin of safety =Operating net income ÷contribution margin ratio
Let plug in the formula
Margin of safety =$88,000 ÷ 0.70
Margin of safety= $125,714
Therefore A company margin of safety will be $125,714
Price ceiling and price floor are two types of price
controls. Price ceiling is the allowable highest price for a particular food or
service while price floor is the allowable lowest price. The government
determines the price for goods and services using either of the two price
controls only when it is not satisfied with the market price failure.
One short term benefit of price ceiling is imposing inexpensive
goods or services especially to low-income workers while for price floor is determining
a minimum value for wage to ensure minimum standard status of living. Thus,
price floor is more applicable in the labor market because it creates a
standardized minimum wage to protect workers’ rights. It is important to
consider such action to improve the financial status of the workers as well.
The longterm disadvantage of price ceiling is it results to
high demand and minimal supply which will lead to huge shortage, whereas for
price floor is increasing unemployment rate to offset expensive cost of labor
and benefits of employees.
For more detailed discussion of the answer, you can refer to the attached file.
Options:
A price cap regulation _______.
a. eliminates deadweight loss
b. is often combined with a government subsidy,
c. which makes the market efficient is a price ceiling
d. sets price equal to marginal cost
Answer:
<u>c. which makes the market efficient is a price ceiling</u>
<u>Explanation:</u>
Price ceilings are usually enforced in other to maintain an efficient market. They directed mainly to sellers which restricts the price of a commodity to a maximum amount.
A good example is the price of<em> gasoline</em>, in many countries, the law mandates a maximum price gas stations can sell.
Answer:
A) Simple random sample
B)Cluster sample
C)Convenience sample
Explanation:
A is simple random sample because each item in it has an equal chance of selection in the sample.
Cluster is used here to divide the states into regions and then assigning codes to them.
Whereas third one is convenience sampling because sample is formed from information that is close to hand
Answer:
"Delegative" is the right response.
Explanation:
- Whenever a supervisor assigns one and sometimes more employees or assistants responsibility for actions and choices as well as behavior, is termed as a Delegative style.
- These types of leaders inspire and motivate their department heads to live with the choices that even the successful leader requires.
