Answer:
Explanation:
Calculation of materials budget for 2012
Budgeted production units (A) 17,700
Material Required per unit (Yards) (B) 7
Total Material required (C) = A*B (Yards) 123,900
Add: Desired Ending material inventory 5,400
Less: Beginning Material inventory (4,870)
Material to be purchased (Yards) 124,430
Price Per yard $4
.70
Cost of Material to be purchased $584,821
Answer:
D.
an income tax rate cut
Explanation:
Fiscal stimulus programs are government policies aimed at accelerating growth in times of recessions. The government adjusts its spending or tax rates to influence the economy's direction. A stimulus is meant to increase output and increase income.
An income tax rate cut increases the amount of disposable income of consumers. An increase in disposable incomes boosts consumer spending, which results in increased demand. Firms in the service and manufacturing industries will respond to the rise in demand by increasing production. A rise in output creates employment opportunities.
Answer:
a. $3,780,000
Explanation:
According to the scenario, calculation of the given data are as follows
New equipment = $3,600,000
Shipping and installation = $180,000
We can calculate the total cost of Martson's new equipment by using following formula,
Total Cost = New equipment cost + Shipping and Installation cost
By putting the value, we get
Total Cost = $3,600,000 + $180,000
= $3,780,000
Answer:
The correct answer is perfectly competitive firm.
Explanation:
The discriminating monopoly of prices is that where each unit of the product is placed at a different rate. That is, the seller charges each customer differently, depending on various factors such as the budget constraint.
The marginal income curve of the monopolist that can discriminate perfectly is exactly the same as its demand curve. The level of production maximizing the benefit of the benefit is Q *, which is the one in which the CMC curve is cut and the demand, the economic benefit (II).