Progressive tax. Literally just reviewed this lesson in my econ class lol.
Answer:
The total capacity of the market in core products less the Digby's Deft is 10860 thousand units.
Explanation:
In order to completely answer the question, the complete question is found online. This question was missing some table attachments which are attached with it.
From the table, it is first noted that the core products are listed which are as below:
- Axe
- Bolt
- Buzz
- Deft
- Dim
Now as mentioned in the question, deft is to be ignored so the remaining options are:
- Axe
- Bolt
- Buzz
- Dim
Now the capacities of these are included which are found from the table and are as follow:
Axe=2050
Bolt=1040
Buzz=1040
Dim=1300
So the total capacity of 1 shift is
Axe+Bolt+Buzz+Dim=2050+1040+1040+1300=5430 units
As there are two shifts running so the total capacity is 5430x2=10860
So the total capacity of market in core products less the Digby's Deft is 10860 thousand units.
Answer:
The correct answer is option d.
Explanation:
The most effective model to understand the effect of change of a variable on other variable is by assuming other factors to be constant. This simplifies the model and helps in easily understanding the relationship between the two variables.
Though the assumption of other things being constant does not apply in the real world, it is still used as otherwise change in other factors would complicate the model. If several factors change it would be difficult to understand the relationship between variables.
Here, to study the effect of change in the price of grapes on the market for wine, it is necessary to assume other factors such as income, consumer preferences, etc to be constant.
Answer:
a. $3.5 per share
b. $1.49 per share
c. $38.38 per share
d. 1.93 times
Explanation:
The computation is shown below:
a. Earning per share = (Net income) ÷ (Number of shares)
where,
Net income = Additions to retained earnings + cash dividends
= $261,000 + $194,000
= $455,000
So, the earning per share equal to
= $455,000 ÷ 130,000 shares
= $3.5 per share
b. Dividend per share = (Total dividend) ÷ (number of shares)
= ($194,000) ÷ (130,000 shares)
= $1.49 per share
c. Book value per share = (Total equity) ÷ (number of shares)
= ($4,990,000) ÷ (130,000 shares)
= $38.38 per share
d. Market to book ratio = (Market price per share) ÷ (book value per share)
= $74 ÷ $38.38
= 1.93 times
Answer:
price level changes
Explanation:
The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.
The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.
Aggregate demand curve shifts except when price level changes.