Answer:
$16,950
Explanation:
The computation of the shrinkage that occurred during the month is shown below:
Balance inventory = Beginning Inventory + Inventory purchased - Inventory sold
= $526,000+ $59,200 - $40,250
= $544,950
Now the shrinkage inventory is
= Balance inventory - Physical count of inventory shows
= $544,950 - $528,000
= $16,950
<span>The Florida Department of Highway Safety and Motor Vehicles is composed of four divisions: Florida Highway Patrol which "promotes a safe driving environment through proactive law enforcement, public education, and safety awareness," Driver Licenses which "promotes safety on the highways by licensing qualified drivers, controlling and improving problem drivers, ensuring vehicle owners and operators are responsible for injuries and damages they may cause in a crash on Florida’s roadways, and maintaining records for driver evaluation," Motor Vehicles which "provides safety and consumer protection of property rights by ensuring motor vehicles, vessels, and mobile homes are properly titled and registered," Administrative Services, which "is responsible for the operation of all bureaus within the Division and oversight of all administrative functions of the Department including accounting, budgeting, purchasing, and facilities," and an Information Systems Administration which "offers support services to all divisions
</span>
Answer:
3 units
Explanation:
Each unit sells at $3. We can calculate this by dividing $90 by 30 units = $3 per unit.
Since the total revenue with the sixth worker is $126, the total output = $126 / $3 = 42 units
Marginal product of the sixth worker = total output with six workers - total output with five workers = 42 - 39 = 3
Marginal product refers to the change in total output resulting from an increase in the number of inputs (workers in this case).
Answer:
If negative externalities pop up in a market, the equilibrium is higher than the efficient output.
Thus when it comes to the government rectification regarding the side effects of that commercial , activity, if the amount of bags is (1) then the new equilibrium would be: <em>p*= $17</em>
Answer:
a) price of $7 and quantity of 50 units
Explanation:
According to what I'm understanding of the table you got the following:
![\left[\begin{array}{ccc}Price&Supply&Demand\\5&11&36\\6&36&68\\7&50&50\\7&73&37\\...&....&...\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DPrice%26Supply%26Demand%5C%5C5%2611%2636%5C%5C6%2636%2668%5C%5C7%2650%2650%5C%5C7%2673%2637%5C%5C...%26....%26...%5Cend%7Barray%7D%5Cright%5D)
The equilibrium will be when both forces meet in this case, it is clear that it is happening at a price equal to $7 which generates a supply of 50 units and a demand for 50 units. Both have the same value so it is equilibrium