Answer:
Instructions are listed below
Explanation:
Giving the following information:
The dinner-dance committee has assembled the following expected costs for the event:
Dinner (per person) $ 18
Favors and program (per person) $ 2
Band $ 2,800
Rental of ballroom $ 900
Professional entertainment during intermission $ 1,000
Tickets and advertising $ 1,300
The committee members would like to charge $35 per person.
1) Break-even point= fixed costs/ contribution margin
Break-evenn point= (Band+rental+professional entertainment+tickets)/[price - (dinner+favors)]
Break-even point= 6000/(35-20)= 400 individuals
2) Q= 300 P=?
300=6000/(P-20)
300*(P-20)= 6000
300P=12000
P=$40
The currency would deflate, though this never happens
Answer:
The correct answer is c) Increasing government spending in order to increase aggregate demand
Explanation:
Fiscal policy is based on the ideas of the economist Jhon Keynes, who says that governments could stabilize the business cycle and regulate economic output by adjusting spending and tax policies.
There are two common types of Fiscal policy: "Expansionary policies and Contractionary policies".
For this problem is necessary an Expansionary policy
<u>Spending</u>: The government may generate economic expansion through increases in spending. The government could increase employment, pushing up demand and growth.
<u>Taxes</u>: When people pay lower taxes, they have more money to spend or invest, which traduce into a higher demand
When it has a small population
Answer:
Yes.
Explanation:
The fair housing law act is a law prohibits discrimination in the process of renting , buying or selling a house. This discrimination may be based on race , skin , color , sex , nationality ,or any other characteristic towards a protected group,
Declining the buyer the opportunity to inspects home in a particular neighborhood because nobody form his country lives in that area is an act that violates fair housing laws as the process seems to be biased towards a group of people from a particular country.
