Answer:
B. the reduction in economic surplus resulting from a market not being in competitive equilibrium.
Explanation:
Deadweight loss is inefficency in the market that occurs when demand and supply aren't in equilibrium. As a result of this inefficiency consumer and producer surplus falls.
Answer:
$29,390
Explanation:
For computing the total cost first we have to determine the variable cost per customer and the fixed cost which is shown below:
Variable cost Per Customer is
= (High total cost - low total cost) ÷ (high number of customer served - low cost of customer served)
= ($28,934 - $28,241) ÷ (14,100 - 11,214)
= $0.24
Now
Fixed cost is
= High cost - (high number of customer served × variable cost per customer)
= 28,934 - (14,100 × 0.24)
= $25,550
So, the total cost for 16,000 customers is
= Fixed cost + variable cost
= $25,550 + (16,000 × $0.24)
= $29,390
The expenditure technique for measuring GDP sums: intake, funding, authorities purchases, and internet exports.
Gross domestic product (GDP) is the overall monetary or marketplace fee of all of the finished items and services produced within a country's borders in a specific time period. As a large measure of standard domestic production, its capabilities as a comprehensive scorecard of a given us of a's monetary health.
One of the maximum common is GDP, which stands for the gross home product. it is regularly noted in newspapers, in television information, and in reports by governments, valuable banks, and the commercial enterprise community. It has emerged as widely used as a reference point for the health of national and international economies.
GDP is measured by way of taking the portions of all items and offerings produced, multiplying them through their fees, and summing the whole. GDP can be measured both with the aid of the sum of what's purchased within the financial system or by what is produced. demand may be divided into the intake, investment, authorities, exports, and imports.
Learn more about GDP here: brainly.com/question/1383956
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Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual's ability to influence, motivate, and enable others to contribute toward organizational success. Influence and inspiration separate leaders from managers, not power and control.
Answer:
Results are below.
Explanation:
Giving the following information:
Last year, the Corporation worked 19,400 actual direct labor-hours.
The Corporation had calculated a predetermined overhead rate of $9 per direct labor-hour.
<u>To allocate overhead, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 9*19,400
Allocated MOH= $174,600
<u>Now, we can determine the over/under allocation:</u>
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 156,400 - 174,600
Under/over applied overhead= $18,200 overallocated