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hammer [34]
3 years ago
9

Economists henry saffer of kean university, frank j. chaloupka of the university of illinois at chicago, and dhaval dave of bent

ley college estimated that the government must spend $4,170 on drug control to deter one person from using drugs and that the cost one drug user imposes on society is $897. based on this information alone, should the government spend the money on drug control?
Business
1 answer:
Crank3 years ago
3 0

I guess the correct answer is No.

No, since the marginal cost of drug control exceeds the marginal benefit, government should not spend $4,170 to deter one person from using drugs.


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Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respectively. Ea
Usimov [2.4K]

Answer:

$42

Explanation:

Data provided as per the requirement of contribution margin per hour of machine time is here below:-

Unit Contribution Margin = $21

Machine Time required by fancy lamp = 0.50 hours

The computation of contribution margin per hour of machine time is shown below:-

Contribution Margin Per Hour of machine time = Unit Contribution Margin ÷ Machine Time required by fancy lamp

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Therefore for computing the contribution margin per hour of machine time we simply divide the unit contribution margin by machine time required by fancy lamb.

7 0
2 years ago
Some part of income inequality is likely to be the result of discrimination. But other factors responsible for inequality includ
balandron [24]

Answer:

Differences in abilities and talents

Explanation:

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Each skill set has it's own demand and thus, income is fixed as per the demand of a particular skill set for a given sector.

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6 0
3 years ago
What economic benefit has the debt reschedule for developing countries?
diamong [38]

Answer:

The main economic benefit that debt rescheduling has for developing countries is that it changes principal and interest payments to more favorable conditions.

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8 0
3 years ago
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slavikrds [6]

Answer:

$7,514

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Therefore Legion should report bond interest expense for the six months ended June 30, 2021 in the amount of $7,514

6 0
3 years ago
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After using the format painter, he wants to turn it off. The key he should press is the Esc key.  It is f<span>ound on most computer keyboards and used for any of various functions, as to interrupt or cancel the current process or running program, or to close a pop-up window.</span>
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3 years ago
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