Select all the words that are associated with Demand

Consider a small economy composed of six people: Musashi, Lucia, Paolo, Amy, Van and Sharon. Each person's employment status is

antoniya [11.8K]

Answer:

Explanation:

D

8 0

3 years ago

Max has two options this weekend. He could work at his job and earn $7 per hour for three hours, or he could go to an exhibit at

densk [106]

Answer:

The opportunity cost of the event $21.

Explanation:

Opportunity cost is the loss of alternative when someone chooses an alternative.

Number of Hours = 3 hours

Earning per hour = $7

Total opportunity cost = $7 x 3

Total opportunity cost = $21

As Max has to bear the loss of $21 earning when he goes to the event in the museum. So this is his opportunity cost.

8 0

3 years ago

Cash donations to public charities are limited to % of a taxpayer's AGI. Donations of capital gain property to public charities

Blababa [14]

Answer:

Cash donations to public charities are limited to % of a taxpayer's AGI? Cash donations can be deducted to a maximum of 60% of your AGI.

Donations of capital gain property to public charities are generally limited to % of a taxpayer's AGI? If you hold the assets (whether stock or property) for more than one year, donations can be deducted (at fair market value) to a maximum of 30% of your AGI.

Donations of certain capital gain property to private non operating foundations are limited to % of AGI? When you donate short term capital gain property to private non operating foundations you can deduct up to 30% of your AGI.

3 0

3 years ago

Silver Corporation, which operates a department store, sells a television to a store employee for $300. The regular customer pri

tatuchka [14]

Answer:

$75

Explanation:

Calculation to determine How much must the employee include in income from both these transactions in total

Customer price for property $500

Less: Gross profit (25%*$500) ($125)

($500-$125=$375)

Employee price ($300)

INCOME $75

($375-$300)

Customer price for service $150

Less: (20%*$150)max exclusion (30)

($150-$30=$120)

Employee price 120

INCOME 0

($120-$120=$0)

Therefore the amount that the employee must include in income from both these transactions in total is $75

8 0

2 years ago

Kuzio Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sell

steposvetlana [31]

Answer:

Overall effect of the change is an increase in net operating income of $1800

Explanation:

The net operating income with additional advertising spend is shown below:

Sales (6620*$150) $993,000

Variable expenses(60%*993000) ($595,800)

contribution margin $397,200.

Fixed expenses($193000+$5400) ($198,400)

Net operating income $198,800

The net operating income without additional advertising spend is shown below:

Sales (6500*$150) $975,000

Variable expenses(60%*975,000) ($585,000)

contribution margin $390,000

Fixed expenses ($193,000)

Net operating income $197,000

The overall effect of the change is an increase in net operating income of $1800($198800-$197000)

4 0

3 years ago