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4 years ago

A furniture manufacturer like Thomasville would be concerned with the producer price index because it

1 answer:

7 0

The correct answer is measures prices that manufacturers must pay for lumber and other raw materials used in the manufacturing process

That is pretty much the definition of the producer price index

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Economic efficiency is A. a market outcome in which the marginal benefit to consumers of the last unit produced is equal to its

pickupchik [31]

Answer: Option B

Explanation: Economic efficiency refers to a situation when all the resources that exist in an economy are allocated in such a way that all the individuals and entities in the economy is getting the maximum utility out of them.

In an efficient economy the surplus of both consumer and supplier are maximum and any increase or decrease in resource allocation will only result in harm of the economy.

Hence from the above we can conclude that the correct option is B.

5 0

4 years ago

A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It

vodka [1.7K]

Answer:

second year depreciation 13,072

Explanation:

190,000 - 10,000 = 180,000 ammount subject to depreciation

then we do:

180,000/75,000 = 0.688 rate per bolt

to get the depreciation for the second year:

19,000 x rate = 19,000 x 180,000/75,000 = $13,072.00

doing it in a single step avoid rounding errors.

4 0

4 years ago

A lender will normally lend funds if he needs it to make a purchase? True O False

olga nikolaevna [1]

Answer:

False

Explanation:

A lender is any individual or institution that advances funds to another entity on conditions that they repay. Most lenders are commercial institutions that make funds available to individuals and firms at a cost. In other words, lenders provide credit services to households and businesses.

Borrowers seek funds from lenders. It is the borrower who requires funds to finance planned activities.

3 0

3 years ago

Have Americans always shared the same social and economic goals throughout history?

Elodia [21]

Answer:

Yes, Americans always shared the same social and economic goals throughout history.

Explanation:

The social economic segmentation of the American market. Market segmentation is the movement of distributing a widespread customer or business exchange, ordinarily consists of existent and potential clients, into sub-groups of customers which is recognized as segments which is based on the different type of shared features.

In distributing or segmenting businesses, researchers look for common features such as distributed needs, mutual interests, related lifestyles or even comparable demographic characterizations.

8 0

3 years ago

In 1949, Sycamore, Illinois built a hospital for about $500,000. In 1987, the county restored the courthouse for about $1.7 mill

Vaselesa [24]

Answer:

d. $2.6 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars.

Explanation:

price index is the average of price related to aspecific calss of goods or services in a specific period of time.

Today's Cost of Asset = Base year cost x ( current year price index / Base year price index

In year 2000

Hospital = $500,000 x 126.5 / 24 = $2,635,417

Courthouse = $1,700,000 x 126.5 / 108 = $1,991,204

Cost of Hospital = 2.6 million

Difference with courthouse = 2,635,417 - 1,991,204 = $644,213

Cost of hospital is more than the Couthouse by $644,21300

7 0

3 years ago