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2 years ago

Question 6

Business

1 answer:

Scilla [17]2 years ago

7 0

Answer:

C)refusing to work until certain demands are met.

Explanation:

The idea behind a strike is to remind the employer or owner of the company that workers are a key part of the production. Strikes are an effective form of protest because they can paralyze a factory or a firm.

Strikes are usually more effective when the workers cannot be easily replaced by the employer.

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Taxes on goods with ___________ demand curves will tend to raise more tax revenue for the government than taxes on goods with __

Brrunno [24]

Answer:

The answer is A

Explanation:

Taxes on goods with INELASTIC demand curves will tend to raise more tax revenue for the government than taxes on goods with ELASTIC.

Goods with inelastic demand are insensitive to price. An increase price of the goods for example from an increase in tax on the goods will have no significant effect in the quantity demanded. Consumers will still buy it with an higher. So taxing this goods is a good source of revenue for the government.

Whereas goods with elastic demand are very sensitive to rice. Any slight increase in price will result in a significant decrease in quantity demanded. So government increasing tax on this good will be bad for its tax revenue because consumers won't be it

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3 years ago

Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho

tangare [24]

I say B. but maybe D

7 0

2 years ago

Read 2 more answers

Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d

IrinaK [193]

Answer:

Option (a) and (c) are correct.

Explanation:

We know that rent control is an example of price ceiling. If the price of apartments set below the equilibrium price level then there is increase in the demand for apartments. So, the demand for apartments exceeds quantity supplied at the prevailing market price.

(a) Therefore, the quality of rental housing falls because of the lower price of the apartment. As this will become less profitable for the landlords, so they are least interested in the maintenance of the apartments.

(b) This will also lead to develop black market. The landlords are trying to fool the higher authorities and rent their apartments at a higher cost because this will be done without any type of legal documentation of the apartments or results from the manipulation of the rules.

6 0

3 years ago

In each of the following cases, calculate the accounting break even and the cash break even points. Ignore any tax effects in ca

mylen [45]

Answer:

Case 1 Accounting break-even point = 13,861 units

Case 1 Cash break-even point = 11,286 units

Case 2 Accounting break-even point = 20,000 units

Case 2 Cash break-even point = 11,875 units

Case 3 Accounting break-even point = 225 units

Case 3 Cash break-even point = 138 units

Explanation:

Break even point refers to the point or sales unit where total cost is equal to total revenue. That is, both total revenue and total cost at the point are even and there neither profit nor loss.

Break even point can be computed for accounting break even and the cash break even points. The difference between the two is that accounting break even point include depreciation in the fixed cost while the cash break even point deduct non cash expenses from the fixed cost. The formula for the are as follows:

Accounting break even point = Fixed cost / (Unit price - Unit cost)

Cash break even point = (Fixed cost - Depreciation) / (Unit price - Unit cost)

Using the two formula for this question, we have:

Case 1 Accounting break even point = $7,000,000 / ($2,800 - $2,295) = $7,000,000 / $505 = 13,861 units

Case 1 Cash break even point = ($7,000,000 - $1,250,000) / ($2,800 - $2,295) = $5,750,000 / $505 = 11,286 units

Case 2 Accounting break even point = $160,000 / (51 - 43) = $160,000 / $8 = 20,000 units

Case 2 Cash break even point = ($160,000 - $65,000) / (51 - 43) = $95,000 / $8 = 11,875 units

Case 3 Accounting break even point = $1,800 / (12 - 4) = $1,800 / $8 = 225 units

Case 3 Cash break even point = ($1,800 - $700) / (12 - 4) = $1,100 / $8 = 138 units

6 0

3 years ago

What budgeting option is best used only with limited resources and expenses?

4vir4ik [10]

Answer: Mental budgeting.

Explanation: This concept is very much in consistent with the concept of mental accounting. The concept of mental accounting says that a person has already classified the areas where he will be spending his income and each area has its own importance and is given particular amount to that. Contrary to this, however, the mental budgeting is the phenomenon which uses the same technique but in such a way that it calculates the amount to be spend on multiple areas beforehand and using the rational cognitive ability, imagine the possibility that if an area would be left without spending money on that, would that help him save or not.

4 0

2 years ago

Read 2 more answers