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Arturiano [62]
3 years ago
9

The benefit of a subsidy will go primarily to sellers when the a. demand for the product is highly inelastic and supply is relat

ively elastic. b. demand for the product is highly elastic and the supply is relatively inelastic. c. subsidy is legally (statutorily) granted to the seller of the product. d. subsidy is legally (statutorily) granted to the buyer of the prod
Business
1 answer:
Arada [10]3 years ago
5 0

Answer:

When demand for the product is highly elastic and the supply is relatively inelastic.

Explanation:

Subsidy is an amount of money given to companies by the government to boost production. It is an intervention by the government when economic situation in the free market is unfavourable.

When firms recieve money to boost production their cost of production is reduced.

If demand is highly elastic a small change in price will result in large change in quantity demanded. Companies will sell more goods at a reduced cost.

Of the supply is relatively inelastic there will be a degree of scarcity of the good so prices will go up, and the company willake more money.

You might be interested in
When they produce 20,000 units per month, Sanders Incorporated has variable costs of $392,000 and fixed costs of $242,000. If Sa
Lady_Fox [76]

Answer:

increased in budget = $98000

correct option is A $98000

Explanation:

given data

produce = 20,000 units per month

variable costs = $392,000

fixed costs = $242,000

increases production = 25,000 units

to find out

how much will they have to increase their budget

solution

we get here total cost or present budget that is

total cost = variable cost + fixed cost

total cost = $392000 + $242000

total cost = $634000

and

variable cost per unit will be here

variable cost per unit = \frac{variable\ costs}{produce}

variable cost per unit = \frac{392000}{20000}

variable cost per unit = 19.6

and

variable cost for increased production = increases production × variable cost per unit  

variable cost for increased production = 25000 × 19.6

variable cost for increased production = 490000

and

total cost of increased production = fixed cost + variable cost for increased production

total cost of increased production = $242000 + $490000

total cost of increased production = $732000

and

increased in budget = $732000 - $634000

increased in budget = $98000

correct option is A $98000

6 0
3 years ago
suppose the following two events occur in the domestic market for radiologists: a. some hospitals are outsourcing some radiology
Zolol [24]

Answer:

The equilibrium quantity falls and the effect on the equilibrium wage of radiologists is indeterminate.

Explanation:

Here are the options to this question :

What is likely to happen to the equilibrium wage and quantity of radiologists following these twoevents?

A) The equilibrium wage and the equilibrium quantity of radiologists fall.

B) The equilibrium quantity falls and the effect on the equilibrium wage of radiologists is indeterminate.

C) The equilibrium wage falls and the effect on equilibrium quantity of radiologists isindeterminate.D

) The equilibrium wage and the equilibrium quantity of radiologists rise

As a result of event A, there would be a decrease in the demand for radiologists. As a result, there  would be a leftward shift of the demand curve for radiologist. This would lead to a reduction in equilibrium price and quantity

As a result of event B, there would be a decrease in the supply radiologists. As a result, there  would be a leftward shift of the supply curve of radiologist. This would lead to a reduction in equilibrium quantity and a rise in equilibrium price.

Taking these two effects together, the equilibrium quantity falls and the effect on the equilibrium wage of radiologists is indeterminate.

3 0
3 years ago
On July 1, 2020, Whispering Co. pays $13,620 to Metlock Insurance Co. for a 3-year insurance policy. Both companies have fiscal
S_A_V [24]

Answer:

jul-01 Prepaid expenses   13.620  

jul-01      Cash                              13.620

     

dec-31 Insurance policy expense 2.270  

dec-31     Prepaid expenses    2.270

Explanation:

Paid 1-jul 13620    

     

Three Years 13.620 36 months    

Monthly 378 month    

Current Year 2.270 6 months    

           

jul-01 Prepaid expenses   13.620  

jul-01      Cash                              13.620

     

dec-31 Insurance policy expense 2.270  

dec-31     Prepaid expenses    2.270

4 0
3 years ago
When evaluating the pulmonary function test results for a COPD client, which one correlates to the mismatch of ventilation and p
crimeas [40]

Answer:

The correct answer is B.

Explanation:

I had to look at the options so that I could solve the exercise correctly. The options are:

A) The forced vital capacity (FVC) is high.

B) The forced expiratory volume (FEV) is decreased.

C) Total lung capacity (TLC) is decreased.

D) Marked decrease in residual volume (RV).

The correct answer is option B. In people with chronic lung disease, FVC is decreased, FEV1.0 is decreased, and the ratio of FEV1.0 to FVC is decreased. Lung volume measurements indicate a large increase in VR, an increase in total lung Cc, and an elevation in the ratio of VR to TVC.

Have a nice day!

7 0
3 years ago
The two most common compensation methods for teams are:
marishachu [46]
They are skill based pay and gain sharing.
6 0
3 years ago
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