Answer:
1. $2 per household per year
2. $2,500 per sugar producer per year
Explanation:
The computation is shown below:
1. The gross cost per household per year is shown below:
= Loss in consumer surplus due to the tariff ÷ Total number of households
= $100,000 ÷ 50,000 households
= $2 per household per year
2. The policy's benefit is
= Total gain in producer surplus ÷ number of sugar producers
= $25,000 ÷ 10 sugar producers
= $2,500 per sugar producer per year
I think the answer is a loan
If was you I would do something like Monopoly
Answer: $5,000
Explanation:
Per the requirements of qualified plans that permit loans, the maximum amount that an individual can withdraw is whichever is lesser between $50,000 and 50% of their Vested Account Balance.
Vance in this scenario has a vested account balance of $40,000.
50% of that would be $20,000.
That means that he can be loaned $20,000. However, he already has an outstanding loan balance that must be accounted for of 15,000.
Subtracting those figures we have,
= 20,000 - 15,000
= $5,000
The maximum loan that Vance can take from the qualified plan is $5,000
In the given Simple Model, I would like to add Requirements Gathering and Analysis after the Problem Statement. Because we know the problem description and we need to derive the requirements using the given data.
<h3><u>What exactly does "process modeling" mean?</u></h3>
Business processes or workflows are represented graphically in process modeling. Similar to a flow chart, each stage of the process is broken down so that a complete picture of the tasks involved in it within the context of the business environment is available.
A process model enables business processes to be visualized, helping firms better understand their internal business processes and manage and improve them. This is typically a flexible exercise for ongoing development.
<u></u>
<u>What advantages does process modeling have?</u>
Business processes are given a visual representation through the process modeling method, making it easier for users to analyze them and determine how they might be improved. Process modeling also has additional advantages, such as:
- Increased effectiveness
- Gain transparency
- Ensure best practices
- Develop comprehension
- Business orchestration.
Learn more about business with the help of the given link:
brainly.com/question/11357749
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