How has MTV networks international overcome cultural difference to create a world band

In the absence of market failures, when the government taxes market participants, the effect is to move the market: Group of ans

Minchanka [31]

Answer:

Closer to the competitive equilibrium, thereby reducing social efficiency.

Explanation:

The market is not failed itself, so there is no need of taxes to clear it but to arrange revenue for government taxes some of the luxurious products the tax shifts supply curve to left and decrease equilibrium quantity which makes the dead weight loss in the market and the quantity get away from the efficient level.

In absence of market failures, when the government taxes market participants, the effect is to move the market :

8 0

3 years ago

Suppose that the equilibrium wage for teachers in Michigan is $15/hour. Also suppose that Michigan raises its minimum wage to $1

expeople1 [14]

Answer:

a) lower than

decrease

Surplus

Explanation:

The question isn't complete. Here is the full question:

Suppose that the equilibrium wage for teachers in Michigan is $15/hour. Also suppose that Michigan raises its minimum wage to $18/hour. Because the equilibrium wage for teachers is (a) lower than or higher than the new minimum wage, we would expect the number of teachers employed to (b) increase, decrease, or stay the same at the new minimum wage. there will be (c) a shortage, a surplus, or no change in the number of teachers.

The equilibrium wage ($15) is less than the new minimum wage ($18).

As a result of this, it would become more expensive for schools to hire teachers, as a result the demand for teachers would fall. This is in line with the law of demand which states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Also, because the minimum wage is above the Equilibriium price , the supply of teachers would increase. This would lead to a surplus in the number of teachers. This is in line with the law of supply which states that the higher the price, the higher the quantity supplied and the lower the price , the lower the quantity supplied.

I hope my answer helps you

8 0

2 years ago

Faye works as an administrator and receptionist for Garage Door Store. The store withholds federal taxes from Faye's pay, and co

anastassius [24]

Answer:

c. an employee and agent.

Explanation:

Based on the information provided within the question it can be said that with respect to sales at those locations homer is both an employee and agent. This is because he works for a company, therefore making him an employee. But at the same time he is authorized to act on behalf of Garage Door therefore making him an agent.

4 0

2 years ago

One approach to understanding corruption perceptions is to compare information across a variety of countries. Your company has h

Ne4ueva [31]

Explanation:

A major problem in investing in the countries of South America are the problems arising from corruption, political instability and bureaucratization.

There are also many positive points that make large companies operate in such countries, such as Brazil, for example, which is a large country with enormous potential for consumption and also local and government incentives for setting international companies in the country.

However, it is essential that companies operate in these countries having knowledge of the real local situation in terms of the main problems occurring in the country, such as corruption, which can lead to significant problems for the company's business.

It is important, therefore, that there is an accurate internal control over the businesses and the corruption-related indexes and an active and regular monitoring of data essential to the business.

It is also important to have policies and an internal culture aimed at maintaining ethical values, so that the company is supported by positive and ethical values that will lead to a good positioning in the market.

4 0

2 years ago

Monty Company expects to have a cash balance of $58,410 on January 1,

hodyreva [135]

Answer:

The ending cash balance of Jan is $ 68145 which is more than $58,410 . We get this balance after the borrowings. The cash balance is $ 18172 for February .

Explanation:

Monty Company

Cash Budget

January February

Beginning Cash Balance 58410 35695

Add Receipts

Collections from Customers 110330 194700

Sale of Marketable Securities 15576 0

Total Receipts 125906 194700

Total available Cash 184316 230395

Less Disbursements

Direct Materials $64,900, $97,350

Direct labor: $38,940, $58,410

Manufacturing overhead: $27,258, $32,450

Depreciation ($1,947) ( $1,947)

Selling and

Administrative expenses: $19,470, $25,960.

Total Disbursements 148,621 212,223

Excess 35,695 18172

Financing

Add Borrowings $32,450 0

Less Repayments 0 0

Ending Cash Balance 68145 18172

Receipts are added to the cash balance to get the total available cash .

Total cash disbursements are subtracted from the total available cash to find the excess amount from which the repayments are subtracted and borrowings are added to get the ending cash balance.

8 0

2 years ago