Answer:
The correct answer is letter "B": False.
Explanation:
Deadweight Loss is a term used in economics that explains the loss to society as a result of market inefficiencies. When supply and demand are out of equilibrium, markets are inefficient. Often, government policies can cause deadweight loss.
Taxes generate deadweight loss because the total price of a product, which includes tax, may be higher than the price that customers are willing to pay. <em>Thus, a tax on goods with elastic demand is likely to create more deadweight loss that taxes on foods with regular demand.</em>
Answer:
$238.18
Explanation:
For calculation of target cost first we need to follow some steps which is shown below:-
Step 1
Operating income before = Sold television - Cost
= $380 - $290
= $90
Step 2
Total operating income = $90 × 120,000
= 10,800,000
Step 3
New sales in units = Target operating income ÷ Increase percentage
= 10,800,000 ÷ (120,000 × 110%)
= 10,800,000 ÷ 132,000
= $81.82
Finally
So, the Target cost = Lower price - New sales in units
= $320 - $81.82
= $238.18
Answer: 2.61 times
Explanation:
Times Interest ratio = Earnings before Interest and Tax / Interest
Earnings before Interest and tax = Sales - Cost of goods sold - Depreciation expenses
= 594,000 - 255,330 - 67,900
= $270,770
Net Income = Addition to retained earnings + Total dividends paid
Net income = 80,300 + ( 27,500 * 1.64)
= $125,400
Earnings before tax = Net Income/ ( 1 - T)
= 125,400/ ( 1 - 0.25)
= $167,200
Interest = Earnings before interest & tax (EBIT) - Earnings before tax (EBT)
= 270,770 - 167,200
= $103,570
Times Interest ratio = 270,770 / 103,570
= 2.61 times
Answer:D( competition)
Explanation:
Competition can not really determine the availability of prices by offering deals to specific buyer because his competitor might not be more than his company price.
Answer:
by the equilibrium between supply and demand for workers
Explanation:
Wages are the amount to pay workers for a particular job when employed. Therefore, determining the wages for a particular job is mostly dependent "on the equilibrium between supply and demand for workers, " and sometimes location.
This is because the higher the number of workers available, the lesser the employers would be willing to increase the wage level of employees given the fact that they can easily find another employee. However, where there is a lesser number of employees for a particular job, the employers would be willing to increase the employees' wages to entice them.
