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Mashcka [7]
3 years ago
11

Why does this economist think students should study economics?

Business
1 answer:
jeka943 years ago
3 0

Answer:

I really would like to help

Explanation:

but I think that you need to include more information like is there a paragraph or reading ahead of the question? If you get back to me about this I can help

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Isocost lines Question 28 options: A) are dependent upon the costs of a firm's inputs. B) are dependent upon the technical effic
Rufina [12.5K]

Answer:

A. are dependent upon the costs of a firm's inputs

Explanation:

Isocosts are lines showing the various combinations of inputs which costs the same total amount. That is, all inputs combinations with similar cost. It indicates a combination of inputs that an organization or firm can buy or rent at a given cost/price. The isocosts are simply dependent upon the cost of the firm's input, that is to say, the cost of inputs determines the various combination possible. Isocost becomes very important when analyzing a firm's or producer's behavior.

8 0
3 years ago
Most organizations strive to resolve between _______ of requests at the first level of support in less than an hour.
Bingel [31]
The answer in the space provided is seventy five to eighty five percent because this is only the likely percentage that the organization strive because this extends to their capabilities and that this occurs at the first level of support in less than an hour when they undergone through this process.

5 0
3 years ago
The U.S. Department of Agriculture guarantees dairy producers that they will receive at least $1.00 per pound of butter they sup
Tamiku [17]

Answer:

a) he equilibrum quantity is 95 million pounds of butter and the equilbrum price is $1.20 per pound. At this level, both demand and supply is 95 million.

b) 0 or no surplus.

Explanation:

The question is in three parts

a) a. In the butter market, the monthly equilibrium quantity is million pounds and the equilibrium price is $ per pound

The equilibrum price and quantity refers to that point in sales where the quantity demanded = the quantity supplied.

Looking at the schedule, the equilibrum quantity is 95 million pounds of butter and the equilbrum price is $1.20 per pound. At this level, both demand and supply is 95 million.

b) What is the monthly surplus created in the wholesale butter market due to the price support (price floor) program?

First, what is the price floor fixed by the government = $1.00 per pound and at this rate, the demanded quantity is 101 million and the quantity supplied is 79 million pounds.

Hence, the monthly surplus = 79 million pounds - 101 million pounds = -22 million pounds

At this price, there is no surplus

7 0
3 years ago
Waterway Industries buys a delivery van with a list price of $60000. The dealer grants a 13% reduction in list price and an addi
krek1111 [17]

Answer:

Cost of the VAN <em>$53.298‬</em>

Explanation:

We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.

The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.

list x reduction = invoice

invoice  less discount = cash price

60,000 x (1 - 0.13) x (1 - 0.01) = 51.678‬

to this, we add up the sales tax and the extra cost for the device

51,678 + 860 + 760 = <em>53.298‬</em>

5 0
3 years ago
The computation and interpretation of the degree of combined leverage (DCL)You and your colleague, Malik, are currently particip
erastova [34]

Answer:

1. expected to be the same

2. expected decrease to 1.11

3. expected decrease to 2.67

Explanation:

1. Degree of Operating Leverage = Contribution margin ÷ Earning before interest and tax

= $48,000,000 ÷ $20,000,000

= $2.40

2. Degree of Financial Leverage = Earning before interest and tax ÷ Earning before tax

= $20,000,000 ÷ $16,000,000

= $1.25

3. Degree of total leverage = Contribution margin ÷ Earning before tax

= $48,000,000 ÷ $16,000,000

= $3.00

The repayment 50% of bank loan

1. The Degree of Operating Leverage is expected to be the same.

2. Degree of Financial Leverage = $20,000,000 ÷ $18,000,000 = 1.11

The Degree of Financial Leverage is expected to be decrease to 1.11

3. Degree of total leverage = $48,000,000 ÷ $18,000,000 = 2.67

The Degree of total leverage is expected that it will decrease to 2.67

4 0
3 years ago
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