Answer:
More resources, less responsibility
The government has various reasons for this. first of all, when the living standards are raised, the people will have more disposable income. this allows the people to start buying goods hence the demand will increase. when the demand increases, more tax may also be collected and more supply may be created...this creates jobs as well.
also, an increase in living standards will mean more happy people. this will increase their productivity hence production is increased which can increase amount of tax collected or even increase supply hence make goods cheaper overally.
last but not least, this will help in improving the health and nutrition of the people as less people will be sleeping hungry and less people will be falling sick. this will allow the government to reduce its spending on the health amenities so that money could be used somewhere else.
<span>This illegal process is known as churning. By making trades over and over again, the stockbroker is receiving more commissions from all the trades, hurting the client. Churning can be thought of as continually turning over the contents of a portfolio.</span>
Answer:
100 sweatshirts
Explanation:
To calculate the breakeven, we will first calculate the Contribution earned from each of the unit (sweatshirt) produced and sold.
Contribution per unit = Selling price per unit - Cost of producing one unit
Contribution per unit = $25 - ($10 + $2)
Contribution per unit = $13
Then in order to calculate breakeven, we divide the total fixed cost from the Per unit Contribution earned to determine the no. of unit at which we would be at breakeven (i.e. no profit no loss). As shown below:
Breakeven = Total Fixed Cost / Contribution per unit
Breakeven = ($1,000 + $300) / $13
Breakeven = 100 units of sweatshirt
