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4 years ago

The tort law in america started with the concept of

Business

2 answers:

natita [175]4 years ago

4 0

1.    A
2.   C
3.   C

I dont know about 1 but 2 and 3 are correct

Kisachek [45]4 years ago

3 0

1. The tort law in America started with the concept of c) trespass

2. d) false light is a type of intentional tort in which parties such as celebrity gossip magazines will publish highly falsified information about actors and actresses

3. a) stricter liability is not an example of a nationwide effort to reform the tort system

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Suppose that the economy is in a long-run equilibrium at a price level of 100 and full-employment real GDP of $500 billion. An e

Anna35 [415]

Government purchases would need to: decrease by $20 billion.

<h3>What is Marginal Propensity to Consume ?</h3>

Marginal Propensity to Consume (MPC) measures the proportionate rise in the consumption with increase in income or we can say it measures the proportion of extra pay that is spent on consumption of goods and services rather than saving it.

Marginal Propensity to Consume or MPC is dependent on the income level. It may vary with the income levels and it can be seen that the MPC is lower at higher income levels. MPC can be calculated by determining the change in consumption divided by the change in income.

MPC is represented by the consumption line, which is a sloped line that is formed when change in consumption is plotted on the vertical y-axis with change in income on the horizontal x-axis.

This can be illustrated from the following formula.

k = 1/ 1- MPC

Where k = Multiplier effect

MPC = Marginal Propensity to Consume

<h3>How many Types of MPC?</h3>

MPC can be classified into three types, which are

1. MPC more/greater than 1.

2. MPC equal to 1.

3. MPC less than 1.

Thus , we conclude that the amount of government purchases would have to be decreased by $20 billion.

Learn more about Marginal Propensity to Consume on:

brainly.com/question/14310761

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5 0

2 years ago

CAN SOMEONE WITH SOME BUSINESS KNOWLEDGE HELP ME PLEASE!

Gala2k [10]

Answer:

marketing is the business functions involved in developing and selling products that meet customer's need.

7 0

2 years ago

The following costs are included in a recent summary of data for a company: advertising expense, $85,000; depreciation expense -

vladimir1956 [14]

Answer:

Conversion costs= $488,000

Explanation:

Giving the following information:

depreciation expense - factory building, $133,000

direct labor, $250,000

factory utilities, $105,000

<u>The conversion costs are the sum of direct labor and manufacturing overhead.</u>

<u></u>

Manufacturing overhead= 133,000 + 105,000= 238,000

Direct labor= 250,000

Conversion costs= $488,000

7 0

3 years ago

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

SCORPION-xisa [38]

Answer:

c. Work in Process (Debit) 23,000

Factory Overhead (Credit) 23,000

Explanation:

This would be the journal entry to record the factory overhead applied to production.

7 0

3 years ago

Gato Inc. had the following inventory situations to consider at January 31, its year-end. (a1) Identify which of the following i

Norma-Jean [14]

Answer:

A) Should not be included in inventory but included in Steele Corp's inventory

B) Should be included in inventory

C) Should be included in inventory

D) Should not be included in inventory because once they are shipped, they become the buyers property.

E) Should not be included in inventory but suppliers inventory.

F) Should be included in inventory

G) Should not be included in inventory. Should be included in Office Supplies inventory rather than Merchandise Inventory

Explanation:

A) Should not be included in inventory but included in Steele Corp's inventory

B) Should be included in inventory

C) Should be included in inventory

D) Should not be included in inventory because once they are shipped, they become the buyers property.

E) Should not be included in inventory but suppliers inventory.

F) Should be included in inventory

G) Should not be included in inventory. Should be included in Office Supplies inventory rather than Merchandise Inventory

4 0

3 years ago