What are the various methods of collecting data? Explain with suitable example

The deadweight loss from a tax per unit of good will be smallest in a market with a. inelastic supply and elastic demand. b. ine

deff fn [24]

The deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.

The Deadweight loss refers to loss that occurs when supply and demand are not in equilibrium and thus, result in market inefficiency.

Usually, the value of the deadweight loss varies with the demand elasticity and supply elasticity.

So, when the demand or supply is inelastic, the deadweight loss of the taxation will be smaller because the quantity bought or sold varies less with price.

Therefore, the answer is B. because the deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.

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7 0

2 years ago

Multiple Product Performance Report Storage Products manufactures two models of DVD storage cases: regular and deluxe. Presented

Pavlova-9 [17]

Answer:

Flexible budget performance report for the July manufacturing activities

Direct Materials : $62,000

Lumber :

Regular ($6.00 × 5,000) $30,000

Deluxe ($9.00 × 2,000) $18,000

Assembly kit :

Regular ($2.00 × 5,000) $10,000

Deluxe ($2.00 × 2,000) $4,000

Labor : $30,000

Regular ($4.00 × 5,000) $20,000

Deluxe ($5.00 × 2,000) $10,000

Variable overhead : $15,000

Regular ($2.00 × 5,000) $10,000

Deluxe ($2.50 × 2,000) $5,000

Fixed manufacturing overhead $13,000

Total $120,000

Explanation:

A Flexed Budget is a Master budget that has been adjusted to reflect the Actual Level of Operation.

8 0

3 years ago

The management of Nebraska Corporation is considering the purchase of a new machine costing $490,000. The company's desired rate

ankoles [38]

Answer:

The payback period is more than 5 years

Explanation:

Net present value is the Net value of all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.

Year Cash flow PV factor Present Value

0 ($490,000) 1 ($490,000)

1 $40,000 0.909 $36,360

2 $10,000 0.826 $8,260

3 $120,000 0.751 $90,120

4 $90,000 0.683 $61,470

5 $180,000 0.621 $111,780

Net Present Value ($182,010)

NPV of this Investment is negative so, it is not acceptable.

Payback period

Total Net cash inflow of the investment is $440,000 and Initial investment is $490,000. This investment will take more than 5 years to payback the initial investment.

6 0

2 years ago

Which activity is an example of a time-based goal? A. Catherine plans to learn to play the guitar in the next few years. B. Davi

frez [133]

Answer: C. Farah wants to obtain her college degree in four years

A time bound goal has a specific, measurable time-frame within which a specific goal has to be achieved; it can also set as a specific target to be achieved at periodical intervals.

Amongst the options given, only option C has a specific, measurable and well-defined time frame within which a specific goal is set to realized.

6 0

3 years ago

Read 2 more answers

7. Goop Inc. needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be normally di

marusya05 [52]

Answer:

i do not support gwentyth paltrows company

6 0

2 years ago

What are the various methods of collecting data? Explain with suitable example​

What are the various methods of collecting data? Explain with suitable example