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Tema [17]
3 years ago
11

In order for money to work properly, there can be only a certain amount of it in

Business
1 answer:
tino4ka555 [31]3 years ago
8 0
A.limited supply hope that helps
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What did the economist A.C. Pigou think the relationship was between advertising and monopolistic competition? A.C. Pigou though
SOVA2 [1]

Answer:

The correct answer is letter "D": A.C. Pigou thought that advertising by monopolistically competitive firms will not have any net effect in the market.

Explanation:

English economists Arthur Cecil Pigou (1877-1959) in his book "<em>The Economics of Welfare</em>" (1920) where he stated expenses on advertisement by firms in monopolistic competition neutralize one another as if the advertisement had never been promoted. This is because products under those market schemes are so different one from another that advertising itself does not generate a big impact on consumer patterns.

Pigou is also known for his work on the <em>welfare economy, business cycles, </em>and <em>unemployment.</em>

5 0
2 years ago
Ondren Machine Tools has total assets of $3,930,000 and current assets of $829,000. It turns over its fixed assets 3.8 times per
Katarina [22]

The return on stockholders’ equity is 28.90%.

<h3>How to calculate the stockholders’ equity?</h3>

Total Assets 3930000

Less: Total debt 1280000

Total Stockholders' equity 2650000

Total assets 3930000

Less: Current assets 829000

Fixed Assets 3101000

Total Assets 3930000

Less: Total debt 1280000

Total Stockholders' equity 2650000

Total assets 3930000

Less: Current assets 829000

Fixed Assets 3101000

Fixed Assets 3101000

X Fixed Assets turnover 3.8

Total revenue 11783800

Total revenue 11783800

X Return on sales 6.50%

Net income 765947

Net income 765947

Divide by Total Stockholders' equity 2650000

Return on stockholders’ equity 28.90%

Learn more about equity on:

brainly.com/question/25847981

#SPJ1

6 0
2 years ago
Read 2 more answers
Investing $1,500,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 1.7% in thi
vagabundo [1.1K]

Answer:

Payback is 19 months

Explanation:

It is a capital budgeting problem. Firm has invested in TQM's Channel Support systems of $1,500,000. It will increase demand of product by 1.7%.

$166385985 x1.7071. = $166389948

Last years sales revenue was $163,608,638. A 1.7% increase will mean the saleswill be -

$166385985- $163608638 = 2781347

Thus increase in sales revenue is-

Now consider contribution margin. From total sales direct variable costs are deducted to get total contribution. It is 34.2% . So extral contribution due to 1.7% increase in sales is-

$2781347 x 34/2%= $95122

Thus increase in contribution margin will also increase profit to the same extent as there is no addition in fixed cost due to this project. So firm will be able to recover $951,221of initial investment of $1,500,000 in one year. Pay back is the time required to recover this full initial investment. It ascertained by dividing $1,500,000 amount by the net addition in profit per year. Answer is-

1,500,000+ 951221= 1.6759yrs x12months= 19months

6 0
3 years ago
The price of a gallon of gasoline in bonland is? $3.20. however, just before the? election, the government decides to fix the pr
ehidna [41]
This is ab example of a price floor. It is price that set by the government as a minimum price that would be imposed on a product. This value should be higher than that of the equilibrium price to be effective. It is used in order to prevent the prices to be too low.
3 0
3 years ago
What is the capacity of the machine in batches unfinished batch?
Oxana [17]

Complete Question:

You are considering the purchase of a new machine to help produce a new product line being introduced.  The machine is expected to have a setup time of 10 minutes per batch and a processing time of 2 minutes per part.  You plan to have batch sizes of 50 parts.  The plant operates 8 hours per day.

What is the capacity of the machine in batches per day?

Answer:

The capacity of the machine in batches = 4 batches per day.

Explanation:

a) Data and Calculations:

Set up time per batch = 10 minutes

Processing time per part = 2 minutes

Batch sizes = 50 parts

Plant operation = 8 hours per day

b) Capacity in batches per day:

Total batch time = 10 + 50 * 2 = 110 minutes

Total minutes of operation  per day = 8 * 60 = 480 minutes

Capacity in batches = 480/110 = 4.36 or approximately 4 batches

c) Each batch produces 50 parts with each part taking some 2 minutes and an additional batch setup time of 10 minutes, giving a total of 110 minutes per batch.  Since there are some 480 (8 * 60) minutes available per day, it means that the entity can only run about 4 batches (480/110) per day.  These 4 batches will consume a total of 440 minutes (110 x 4), leaving some 40 minutes as unutilized time.

4 0
3 years ago
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