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3 years ago

Can we consider economics as a soicial science as well?why?

Business

1 answer:

monitta3 years ago

5 0

Answer:

Economics is regarded as social science because build it uses scientific methods to explain the theories that can help explain the behaviour of individuals, groups and organisations. Economics attempts to explain economic behaviour, which arises when scarce resources are exchanged

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22. At the end of each year for the next 18 years, you receive cash flows of $3700. The initial investment is $25,200 today. Wha

IrinaK [193]

Answer:

29.37%

Explanation:

Rate of return = Average annual income/Average initial investment

Average annual income = $3,700

Average initial investment = (I+s)/2

Average initial investment = (25,200+0)/2

Average initial investment = $12,600

Rate of return = $3,700/$12,600

Rate of return = 0.2936508

Rate of return = 29.37%

6 0

3 years ago

Jane currently has $5,300 in her savings account and $2,000 in her checking account at the local bank. Instructions:

mrs_skeptik [129]

Answer:

M1 change = $500
M2 change = $0

M1 change = -$340
M2 change = -$180

Explanation:

A. M1 includes actual liquid cash in hand as well as cash in checking deposits.

M2 includes M1 as well as savings deposits and time deposits amongst others.

M1 change = +$500

$500 went from the Savings account which was not part of M1 to M1.

M2 change = $0

The money went from Savings to Checking which are both part of M2.

M1 change = -$-180 - ( 500 - 180 -160 ) = -$340

Tax of $180 went out of the supply as tax. Jane deposits the remaining cash after paying $160 for goods into the savings account which is not part of M1. That remaining cash is = 500 - 180 - 160 = $160.

M2 change = -500 + 160 + 160 = -$180

For M2, only taxes will reduce money from it because the rest goes to checking deposits and savings accounts both of which are part of M2

4 0

3 years ago

Ergoworld inc. manufactures office furniture. the company is considering adopting a modular production system. a modular system

Rasek [7]

The reason that the Ergoworld inc would agree when a modular system would offer greater value to Ergoworld if customers have heterogeneous demands which are expected to be met in a cost-effective way. They want the customers have a heterogeneous demands that they will expect to be met in a cost-effective way.

4 0

3 years ago

The United States has accused China of Multiple Choice contributing to the skyrocketing price of aluminum. reducing barriers in

marta [7]

Answer:

exacerbating the global glut of steel by investing in additional production.

Explanation:

The United States Government under President Trump accused China of promoting overcapacity in production of steel and aluminium (that is industrial overcapacity).

This over-production of steel has distorted the global market by facilitating excess exports.

However China has been taking steps to reduce excess steel production although such efforts have been inadequate.

Even less has been done about the overproduction in the aluminium industry

6 0

3 years ago

digby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be

Zarrin [17]

Rigby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be on the product’s contribution margin. Assuming no inventory carry costs, Don's contribution margin, if the price is lowered, will be 4.00%

“Contribution margin suggests you the mixture quantity of sales to be had after variable expenses to cowl fixed prices and provide earnings to the organization,” Knight says. you would possibly think about this as the part of income that allows offsetting fixed costs.

Contribution Margin = Net Revenue - Variable Expenses

Material Cost = 604 * 14.36 = 8673.44

Labor Cost = 604 * 7.09 = 4282.36

Current price = $35

Price is lowered by $2.5 ,then new price will be = $35 - $2.5 = $32.50

Therrefore, New Sales = 604 * 32.5 = $19630

Variable expenses = 8673.44 + 4282.36 = 12955.8

Contribution margin = 19630 - 12955.8 = 6674.2

Contrinution margin ratio = contribution margin / net sales

New Contribution margin = 6674.2/19630 = 34.00%

The contribution margin is beneficial for figuring out how income, variable costs, and fixed expenses all affect operating profit. It offers enterprise owners a manner of assessing how numerous income degrees will affect profitability.

Learn more about contribution margin here brainly.com/question/24881206

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6 0

1 year ago

Can we consider economics as a soicial science as well?why?​

Can we consider economics as a soicial science as well?why?