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Over [174]
3 years ago
5

A $5 tax levied on the buyers of pants will cause the_______

Business
1 answer:
otez555 [7]3 years ago
4 0

Answer:

Option c. the demand curve for pants to shift down by $5.

Explanation:

Option C is the correct answer because tax levied on the buyer will increase the price of pants. Thus, as per the law of demand or law of demand states that there is an opposite relationship between the price of commodity and quantity demanded. The levied tax on the buyer will induce the buyer to demand less. Consequently, the demand curve shift downward.

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Trini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,100
Ilya [14]

Answer:

$102,870

Explanation:

The computation of Total cash disbursements is shown below:-

Variable overhead = Direct labor budget × Variable overhead rate

= 8,100 × $1.40

= $11,340

Fixed expenses incurred in cash = Total fixed expenses - Depreciation

= $100,440 - $8,910

= $91,530

Total cash disbursements = Total variable manufacturing overhead + Fixed cash overhead

= $91,530 + $11,340

= $102,870

Therefore for computing the Total cash disbursements we simply applied the above formula.

6 0
3 years ago
What shows the quantities of products demanded at each price by all consumers in a market?
e-lub [12.9K]
A market demand schedule
5 0
3 years ago
Read 2 more answers
. Dolores used to work as a high school teacher for $40,000 per year but quit in order to start her own catering business. To bu
VladimirAG [237]

Answer:

The correct option is B

Explanation:

In order to compute the profit, the accountant consider the Explicit cost so,

Explicit Cost = Borrowed amount × Interest rate + Ingredients amount

                     = $30,000 ×  3% + $25,000

                     = $259,000

Where Revenue is $60,000

Profit = Revenue - Explicit Cost

        = $60,000 - $259,000

        = $34,100

Economic Profit is computed as:

Economic Profit = Total Profit - Implicit Cost

                          = $34,100 - $40,600

                          = - $6,500

where

Implicit Cost = Salary + Interest

                = $40,000 + ($20,000 × 3%)

                =  $40,000 + $600

                = $40,600

Therefore, Louis says profit is $34,100 and Greg says she lost $6,500

5 0
3 years ago
Which trade strategy have developing countries used to replace commodity exports with exports such as processed primary products
Igoryamba

Answer: Export promotion

Explanation: Economic policies made by the government in other to encourage the sale and marketing of it's product or derivative of the nation's natural resources beyond the local market, allowing foreign or international trading of goods produced locally. With export promotion, commodity export which often involves selling raw materials as is, developing countries can take advantage of the several derivatives of a certain raw material before preparing for export which will boost revenue and also ensure that the local market get more in return. Export promotion strategies has allowed local industries sit up and rise to the challenge and compete with foreign rivals in the processing, production and manufacturing of goods.

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3 years ago
I'maSolarPanelCo. manufactures and distributes solar panels in the US market. Two years ago, it had 5 US competitors, but govern
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Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

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