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3 years ago

Suppose the government offers a subsidy to laptop sellers. Say whether each group of people gains or loses from this policy.

Business

1 answer:

olga55 [171]3 years ago

4 0

Answer:

a. loses

b. gains

c. loses

d. loses

Explanation:

the cost to the buyer, sellers of laptops and desktops would result in the above listed loses or gains.

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The Pita Pit borrowed $100,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest

Daniel [21]

Answer:

$4,000

Explanation:

The computation of the interest expense is shown below:

= Borrowed amount × rate of interest × number of months ÷ (total number of months in a year)

= $100,000 × 12% × ( 4 months ÷ 12 months)

= $4,000

The four months is taken from Jan 2022 to May 2022

We simply applied the simple interest formula to determine the interest expense and the same is shown above

4 0

3 years ago

he variable operating cost consists of gasoline, oil, tires, maintenance, and repairs. Kristen estimates that, at her current ra

OverLord2011 [107]

Answer: $0.51

Kristen Lu purchased a used automobile for $25,950 at the beginning of last year and incurred the following operating costs:

Depreciation ($25,950 ÷ 5 years) $5,190

Insurance $2,700

Garage rent $1,400

Automobile tax and license $710

Variable operating cost $0.11 per mile

The variable operating cost consists of gasoline, oil, tires, maintenance, and repairs. Kristen estimates that, at her current rate of usage, the car will have zero resale value in five years, so the annual straight-line depreciation is $5,190. The car is kept in a garage for a monthly fee.

Explanation:

To calculate the fixed cost per mile, calculate the total fixed cost and divide by the number of miles (25000).

The total fixed cost combines all the cost that do not change depending on the level of usage. These costs do not reduce if Kristen uses her car less or increase if she uses her car more. The variable cost is the opposite of this.

Total fixed cost = $5,190 + $2,700 + $1,400 + $710 = 10,000

Fixed cost per mile = 10000/25000 = $0.40

Variable Operating Cost/Mile = $0.11

Average Operating Cost/Mile = $0.51

5 0

3 years ago

A(n) _____ organization can be best defined as one in which there is very little hierarchy; each employee is multi-talented and

zaharov [31]

The correct answer is: "organic" .
______________________________________________

4 0

3 years ago

All potential customers who have similar characteristics are considered a market. True or false.

marta [7]

Answer: True

Explanation: A market is a gathering of potential buyers who are looking to purchase a good or service, and prospective sellers who are willing to provide these goods or services. If customers have similar needs and characteristics for why they require a product, then these customers can be classified under the same market. This makes it easier to supply similar goods to a vast majority of customers who have the same needs for the good. They can be placed into a homogenous market, which is a market place where the goods traded are roughly the same throughout.

8 0

3 years ago

Mr. Eli Lilly is very excited because sales for his nursery and Plant Company are expected to double from $600,000 to $1,200,000

liq [111]

Answer:

The correct answer is Cash deficit = ($804,000) and incorrect.

Explanation:

According to the scenario, the calculation can be done as follows:

Cash Flow Statement

Beginning cash = $1,200,000

Now we less the asset buildup, then

Less: Assets buildup (1200000-600000)*50% = -$300,000

Now by adding the profit, then

Add: Profit (1200000*8%) = $96,000

Cash deficit = ($804,000)

As his earning seems unable to cover additional capital expenditure, his optimistic outlook for his cash position appear to be incorrect.

8 0

3 years ago