Your answer would be Adam smith.
Answer:
$105,000
Explanation:
Calculation for How much income tax expense is recognized in the secound quarter of 2021
Secound quarter income tax expense=$300,000 × .35
Secound quarter income tax expense= $105,000
Therefore How much income tax expense is recognized in the secound quarter of 2021 is $105,000
Answer: D. less than
Explanation:
Firms generally maximise output at the point where Marginal Revenue equals Marginal Cost. Any output greater than this point will lead to a higher amount of marginal cost being incurred vs marginal revenue which also means that a higher proportion of total cost was being incurred.
If a company therefore decides to remedy this and reduces output, this will lead to a fall in both revenue and cost. However, because the cost had been higher past that point, when it falls back to the maximising level, costs will fall more than revenue so that marginal revenue will equal cost again. This also means that total cost would fall more than total revenue.
Answer:
Quantity variance.
Explanation:
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the Quantity variance.
For instance, if Tony needs a standard quantity of 50 pounds of iron to construct a burglary, but only used 51 pounds, then the quantity variance is 1 pound of iron.
<em>Hence, the quantity variance is simply the difference between the actual quantity of materials that should be used and the quantity of materials that was used. </em>
Answer:
The correct answer is letter "A": positive externalities.
Explanation:
An Externality is a cost or benefit incurred or received by a third party who has no control over the factors that created the cost or benefit. Positive externalities occur when both at the private and social levels have a positive benefit from the consumption or production of a good.
