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Inessa05 [86]
3 years ago
11

What is the effect of import restrictions on prices? They often cause prices to rise steeply and then drop. They cause prices to

rise. They cause prices to drop. They usually do not have any lasting effect on price.
Business
1 answer:
Lostsunrise [7]3 years ago
3 0

Answer:

They cause prices to rise.

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Marginal utility is equal to which of the following? (A) total income divided by the price of the product (B) the change in tota
soldi70 [24.7K]

Answer: B- the change in total utility from consuming one more unit of a good 

Explanation: Marginal utility is the change in utility that arises from consuming one more unit of a good or service.

Utility is the total satisfaction that occurs from consuming a commodity or service.

Average utility is total utility divided by the number of goods consumed.

8 0
3 years ago
The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). R
nikklg [1K]

Answer:

Particulars                                      2021                2022                    2023

Beginning Inventory                        <u>277</u>                <u>253</u>                         235

Cost of Goods sold                          633                623                        <u> </u><u>586</u>

Ending inventory                             <u> </u><u>253 </u>              235                          220

Cost of good available for sale       886                <u>876</u><u> </u>                         806

Purchases                                         640                <u>623 </u>                         595

Purchase discounts                           20                   17                            <u>26</u>

Purchase returns                               26                   32                            16

Freight-in                                            15                    34                            18

Explanation:

There are few missing values which are calculated using back solving technique. These values are bold and underlined. Playa Company has missing information for its three year accounts.

Available for sale = Beginning inventory + Net Purchases

Cost of Goods Sold =  Cost of good available for Sales - Ending inventory

Ending inventory = Cost of Goods available for Sales - Cost of Goods Sold.

Net purchases = Gross purchases + Freight in - Purchase discount - Purchase return

8 0
3 years ago
Allison will graduate from high school next June. She has ranked her three possible post-graduation plans in the following order
Dmitrij [34]

Answer:

<u>tutoring opportunity cost: </u>20,000 consulting job

<u>consulting job opportunity cost:</u> 5,000 + travel from tutoring

<u>collegue:</u> 20,000 consulting job

Explanation:

opportunity cost: cost of the best rejected project, proposal or income

income from work as a consulting job: 20,000

income from tutoring: 5,000 ( externality of travel around the world)

collegue cost of 5,000

The tutorng has an externality of travel around the world. We can measure how much Allison values that chances but it is something she will consider when picking her plan.

6 0
3 years ago
Many state legislators have decided to take on crime and other forms of delinquency in schools through zero tolerance policies.
otez555 [7]

Answer:

It is a person-blame

approach that ignores the role of institutions.

Explanation:

Hope this helps

7 0
3 years ago
An investment center manager has three potential projects to accept or reject. Return on Investment (ROI) of these three project
Oksi-84 [34.3K]

Answer:

c, b, a.

Explanation:

Important to note that a mutually exclusive is project or event is one that cannot both occur at the same time. Hence, since they are not mutually exclusive, they can thus occur at the same time.

Therefore, the statement "all three of the projects could be pursued at once, if the manager desires" is TRUE.

It is more likely that the manager's choice would be based on the project with the highest Return on investment (ROI) and residual income (meaning $400,000 residual income and 18% ROI project is selected).

8 0
3 years ago
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