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mart [117]
3 years ago
5

In economics , the what is it called when individuals focus on perfecting a limited range of tasks, so as to become experts in t

hose specific areas ?
A)Limitation
B)Capitalization
C)Specialization
D) Underutilization
Business
1 answer:
Korvikt [17]3 years ago
8 0
Specialisation is when individuals focus on perfecting a limited range of tasks so as to become experts in that particular field
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No Edges Left Behind Enterprises has book income of $1,200,000 which consist of income tax expense of $380,000, municipal bond i
damaskus [11]

Answer:

$1,645,000

Explanation:

The computation of the taxable income is shown below:

Taxable income is

= Book income + income tax expenses - muncipal bond interest + (50% ×  meal expenses)

= $1,200,000 + $380,000 - $10,000 + ($150,000 × 50%)

= $1,645,000

We simply recognized only 50% of meal expenses and with the help of above items we calculated the taxable income

6 0
3 years ago
When will the Social Security fund dry up at its current level?
gulaghasi [49]

2042 will be the year the fund drys up, based on its current level.

6 0
3 years ago
A local school administrator observes an increase in the number of flu cases in the public schools over the last two years. She
pshichka [43]
  1. It should be noted that the failure to vaccinate some children isn an external cost. [See the attached graph]
  2. The social cost curve is also indicated accordingly.
  3. From an efficiency perspective, subsidizing vaccines <em>does</em> make sense because, without the subsidy, the equilibrium quantity is <em>less</em> than the socially optimal quantity.
  4. The school nurse suggests publishing a list of which kids did not get a flu vaccine, in the hope that public shaming will lead people to vaccinate their children. The school nurse is hoping that social norms will act like a <em>punishment  </em>and lead the market to a<em> socially efficient </em>
  5. The flaws that the school nurse's suggestion have are:
  • People that feel passionate about not vaccinating are typically doing so for medical or religious reasons and will not sway to social norms or peer pressure. (Option B)

  • The school would potentially face a lawsuit because sharing protected health information (PHI), like immunization records, without parents' consent could be a violation depending on the regulations of the state. (Option C)

<h3>What is social Cost?</h3>

In neoclassical economics, the social cost is the total of the transaction's private costs plus the costs imposed on consumers as a result of being exposed to the process for which they are not rewarded or taxed.

In other words, it is the total of internal and external expenses.

Learn more about social cost:
brainly.com/question/28116338
#SPJ1

8 0
1 year ago
At the beginning of the period, the Cutting Department budgeted direct labor of $52,350 and supervisor salaries of $42,150 for 3
xxTIMURxx [149]

Answer:

$77,000

Explanation:

Direct Labor = $52,350 (Its varies with the number of Production hours). Hence, $52,350   for 3,490 hours

For 3,800 hours, (52,350/3,490) * 3,800 = $57,000

Supervisor Salaries = $20,000 (Since the Supervisor Salary is not an incremental cost, it is a fixed one). So, the Supervisor Salaries remain $20,000

Net budget (flexible) = $57,000 + $20,000

Net budget (flexible) = $77,000

4 0
3 years ago
Administrative assistants are categorized in what occupational group?
oksano4ka [1.4K]

Answer:

43-0000 Office and Administrative Support Occupations (Major Group)

Explanation:

3 0
2 years ago
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