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alukav5142 [94]
3 years ago
13

One person’s spending becomes another person’s income. This statement is

Business
1 answer:
Paha777 [63]3 years ago
8 0

Answer:

d. the Circular Flow Model

Explanation:

Based on the information provided within the question it can be said that this statement is an example of the Circular Flow Model. This model (like mentioned in the question) illustrates the flow of cash from different people or company's in different industries. Where one person/company pays another, which takes it in as income and uses that to pay another company for what they need and so on.

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"The maximum coverage provided by Securities Investor Protection Corporation for securities held in a customer's account is:"
Vika [28.1K]

Answer:

$500,000 USD

Explanation:

The Securities Investor Protection Corporation or SIPC for short, protects against the loss of cash and securities (such as stocks and bonds) up to a limit of $500,000 USD. This cash and assets must be held in a SIPC-member brokerage firm as part of a customer's account and the $500,000 is the limit for both cash and assets, with cash alone having a limit of $250,000 per account owner in the case that the brokerage falls into financial trouble.

6 0
3 years ago
"Steele Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. Steele Co
adell [148]

Answer:

B) $ 4.25

Explanation:

From the data provided in the question, we need to classify the items into manufacturing costs.

Salary of production supervisor                                        $ 40,000

Indirect materials                                                                $   8,000

Rent on factory equipment                                                <u>$  20,000</u>

Total manufacturing costs                                                  <u>$ 68,000</u>

Estimated Machine Hours                                                      16,000

Manufacturing Overhead - $ 68,000/ 16,000 hours         $   4.25 per machine hours                                        

The other items provided in the question, sales commission and advertising expenses are selling expenses and are not manufacturing costs.

6 0
3 years ago
Do you think that some people are more susceptible to psychological marketing than others? Explain
Lilit [14]

Answer: yes, because some people studied the material which would make it easier for the to catch on.

Explanation:

4 0
3 years ago
American Chemical Company manufactures a chemical compound that is sold for $52 per gallon. A new variant of the chemical has be
Leona [35]

Answer:

a. The total profit would be positively affected as it increases

Explanation:

1. We calculate the value of revenue per 8000 gallons with the initial chemical compound and processed into the new variant

Revenue Initial Chemical Compound= 8000 gallons X ($52/gallon)

Revenue Initial Chemical Compound=<em><u> $ 416.000</u></em>

Revenue Chemical compound processed into the new variant=8000 gallons X ($83/gallon)

Revenue Chemical compound  processed into the new variant= <u><em>$ 664.000</em></u>

2. If we consider that the other production costs will be the same for the two chemical compounds, then the only difference will be the processing cost to refine the basic compound into the new variant. For this reason, we substract only the value of processing the basic compound into the new variant for the revenue of this.

<u><em>$ 664.000 - $160.000= $504.000</em></u>

3. The benefit values for each case are:

Initial Chemical Compound: $416.000

Chemical compound  processed into the new variant: $504.000

In conclusion, greater benefit is obtained by processing the basic compound in the new variant than if the basic compound were sold only

3 0
3 years ago
Ski trips and ski jackets are complements. the cross elasticity of demand for ski trips with respect to the price of a ski jacke
Mrrafil [7]

If the price of the ski trip has increased then the demand for the ski jacket will likely decrease because of the demand curve in terms of the ski jackets that will be shipping to the leftward as the ski trip were to increase.

6 0
3 years ago
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