Answer:
Total cost of receiving 8000 parts: 2878700
Detailed solution is given in tabular form below:
Answer:
C. 13.7
Explanation:
First, we look for the unemployees who seek and want a job
100 people
-10 U-16
-10 retired
-63 employeed
- 7 unemployeed but not seeking for job
10 unemployeed who wants and seeks for a job.
<em>unemployement rate: unemployes / labor force </em>
<u>where:</u>
labor force = employees + unemployees
10 + 63 = 73
unemployement rate = 10/73 = 0.136986 = 0.137
In the product markets of the circular flow model, households provide <u>Consumption Spending (or Revenues) </u>to the business sector in exchange for goods and services.
Consumer spending is the total amount of the money spent by people and families in an economy on finished goods and services for their own use and enjoyment. All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.
To help estimate and plan investment and policy decisions, investors, corporations, and regulators regularly monitor published statistics and reports on consumer spending.
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Answer:
market share
Explanation:
The market share of a product or business is the portion of the total market that it controls. Market share is usually measured as a percentage of the total market's sales. To calculate market share you need to divide your product's total sales by the market's total sales.
In this case, for every $100 sold by the total coffee market in San Francisco, BruceCo sells $1.
Answer:
The sales tax is regressive with respect to income
Explanation:
sales tax by Jennifer = 0.1*30000
= 3000
tax/income = 3000/50000
= 6%
sales tax by steve = 0.1*27000
= 2700
tax/income = 2700/30000
= 9%
The tax increases with decrease in income, it indeed is regressive on the whole.
Therefore, The sales tax is regressive with respect to income
