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3 years ago

What are welfare payments or consumer studies?

1 answer:

7 0

Welfare payments are governments subsidies that provide financial aid to those who cannot care for themselves. Some are meant to be temporary aid like TANF, SNAP, and day care programs. Others like programs for the aged, blind, and disabled may be given for the remainder of their lives.

Hope this helps.

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Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is rea

sveta [45]

Answer:

(A) Jean has absolute advantage in baking cakes 12 to 10

(B) Vincent comparative advantage in baking pizza as his opportunity cost is lower: 0.5

(D) Jean comparative advantage in making pizza

Explanation:

(A) jean bakes 12 cakes per hour while Vincent bakes 10

(B) it willl be the pizzas it renounce to do for baking:

Vincent: 5/10 = 0.5 opportunity cost for baking: make 0.5 pizzas

Jean 8/12 = 2/3 = 0.66 opportunity cost for baking: makie 0.66 pizza

(D) As Vincent has a lower opportunity cost for baking, it will have a higher opportunity cost for making pizzas. Thus, Jean will be comparative advantage

5 0

3 years ago

The bookkeeper mailed out a check for $450 to a vendor, but the check has not been cashed yet. How is this recorded in a bank re

stiks02 [169]

Answer:

The answer is E.

Explanation:

This is known as unpresented cheque. A change that has been issued to a supplier but has not been cleared by the bank or paid by the bank.

This cheque has already been registered as an outflow on the balance per cash book. And in reconciling this with balance per bank statement, this amount of $450 should be deducted from the bank balance of cash. The business should assume the bank has paid it.

8 0

3 years ago

Kuzio Corporation produces and sells a single product. Data concerning that product appear below:

lorasvet [3.4K]

Answer:

The overall effect on the company's monthly net operating income of this change is $ 6,900, increase

Explanation:

Company's monthly net operating income before the change:

Sales (5,500× $ 150) 825,000

Less Variable Costs( 5,500 × $ 60) (330,000)

Contribution 495,000

Fixed Expenses (208,000) (208,000)

Net Operating Income 287,000

Company's monthly net operating income after the change:

Sales ((5,500+150)× $ 150) 847,500

Less Variable Costs ((5,500+150) × $ 60) (339,000)

Contribution 508,500

Fixed Expenses (208,000+6,600) (214,600)

Net Operating Income 293,900

Effect on the company's monthly net operating income:

Net Operating Income - After Change 293,900

Net Operating Income - Before Change 287,000

Change in Net Operating Income 6,900

3 0

3 years ago

Why do you think that luxury brands are particularly interested in investing in social media influencers?.

cestrela7 [59]

Answer:

I think they are interested because partially social media influencers have a younger audience so when they see their "idol" promoting such and such there more like to want it, Also They can lend luxury brands a voice of authenticity and have the potential to produce original brand materials.

Explanation:

Because everyone thinks they can have it because an influencer got one

Hope this helps :)

7 0

2 years ago

What happens to the price of a good or service when a shortage of that good or service occurs?

Pachacha [2.7K]

Answer:

If shortage of goods and services occurs, obviously, the price will touch the sky, i. e. the price will increase twice or thrice the Real price...

8 0

2 years ago