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Ivenika [448]
3 years ago
10

National defense is a good that is nonexcludable and nonrival in consumption. Suppose that instead of national defense being pai

d for with tax dollars national defense is paid for by voluntary contributions from (potentially) all individuals within Latvia. Cedric, who is a Latvian citizen, must decide whether he wants to contribute to the national-defense budget. Further, suppose that there are a total of 10 citizens, including Cedric. For the optimal amount of safety, each citizen should pay $10$10 . Every $1$1 contributed (by anyone) to the national defense leads to increased security, which each person values at $0.20$0.20 . This means that every dollar spent on defense is worth $2.00$2.00 to Latvia as a whole. How much does Cedric personally value the increase in national defense when he contributes $10$10 to the defense fund? Cedric's personal value: $ If contributions are voluntary, and assuming people rationally maximize their utility, what is the total contributed to national defense? total contributed voluntarily: $ Suppose that instead of relying on voluntary contributions the government simply levies a tax of $10$10 on each person to pay for national defense. How much better or worse off would Cedric be if everyone (including himself) were taxed $10$10 instead of contributing voluntarily? If Cedric is worse off, be sure to put a negative sign in front of the number. Cedric's gain or loss under tax: $

Business
1 answer:
ElenaW [278]3 years ago
3 0

Answer:

Explanation:

find the attached document below

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The Supreme Court separated the "mandatory" element of the Federal Sentencing Guidelines for Organizations from their advisory r
Alla [95]

Answer:

C) violated the Sixth Amendment right to a jury trial.

Explanation:

Federal Sentencing Guidelines should be guided by the following principles:

  • The court should order the organization to remedy any harm caused.
  • If the primary purpose of the organization was to commit crimes, then the court should set a fine that strips away all the assets from the organization.
  • The court should set fines based on how serious the offenses were and the degree of culpability of the organization.
  • The court can impose a probation sentence if it believes that the organization will take steps to reduce the likelihood of future criminal conduct.

The sentencing guidelines should offer incentives for organizations to eliminate criminal conduct.

7 0
3 years ago
A salesperson should focus his or her sales resources on only one individual in the buying organization.​
madam [21]

A salesperson should focus his or her sales resources on only one individual in the buying organization.

The statement is false.

Top 5 skills for a career in sales:

  • Confidence - maintaining a positive mind-set.
  • Resilience - communicating with conviction.
  • Active listening - expertise in the customers' desires.
  • Rapport building - promoting your personality.
  • Entrepreneurial spirit - chronic self-development.

The essential duty of a salesperson is selling. This responsibility consists of assembling the prospects, offering and demonstrating the goods, inducing the prospects to shop for, taking orders, and effecting income. a salesman needs to manual the customers in buying the products they want.

<em>Your question is incomplete. Please read below to find the missing content.</em>

A salesperson should focus his or her sales resources on only one individual in the buying organization.

True

False

Learn more about salesperson here: brainly.com/question/25743891

#SPJ4

3 0
2 years ago
National Orthopedics Co. issued 8% bonds, dated January 1, with a face amount of $550,000 on January 1, 2021. The bonds mature o
loris [4]

Answer:

1) the price of each bond:

PV of face value = $1,000 / 1.05⁸ = $676.84

PV of coupon payments = $40 x 6.4632 (PV annuity factor, 5%, 8 periods) = $258.53

market price per coupon = $935.37

2) journal entry to record issuance of the bonds:

January 1, 2021, bonds issued at a discount

Dr Cash 514,453.50

Dr Discount on bonds payable 35,546.50

    Cr Bonds payable 550,000

3) I used an excel spreadsheet    

4) June 30, 2021, first coupon payment

Dr Interest expense 25,722.68

    Cr Cash 22,000

    Cr Discount on bonds payable 3,722.68

5) December 31, 2024, last coupon payment

Dr Interest expense 27,236.45

    Cr Cash 22,000

    Cr Discount on bonds payable 5,236.45

December 31, 2024, bonds are redeemed

Dr Bonds payable 550,000

    Cr Cash 550,000

Download pdf
4 0
3 years ago
Alice Copper has wages of $120,000 and dividend income from a mutual fund of $5,000. She has allowable itemized deductions of $9
Alexeev081 [22]

Answer:

$112,600

Explanation:

Calculation for What is the amount of Alice's Taxable Income

Wages $120,000

Add Dividend Income $5,000

Adjusted Gross Income $125,000

($120,000+$5,000)

Less Standard Deduction(Single and no dependents) ($12,400)

Taxable Income $112,600

($125,000-$12,400)

Therefore the amount of Alice's Taxable Income will be $112,600

4 0
3 years ago
Concord has the following inventory information. July 1 Beginning Inventory 30 units at $15 $450 7 Purchases 90 units at $23 207
serg [7]

Answer:

COGS= $2,060

Explanation:

Giving the following information:

July 1: Beginning Inventory 30 units at $15 $450

July 7: Purchases 90 units at $23 2070

July 22: Purchases 10 units at $20 200

Ending inventory in units0 30 units

<u>First, we need to calculate the number of units sold:</u>

Units sold= total units - ending inventory in units

Units sold= 130 - 30

Units sold= 100

<u>Now, to calculate the cost of goods sold under the FIFO (first-in, first-out), we need to use the cost of the firsts units incorporated into inventory:</u>

COGS= 30*15 + 70*23

COGS= $2,060

4 0
3 years ago
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