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OlgaM077 [116]
3 years ago
6

How do price controls affect the market? Provide a real-world example that takes consumer surplus and producer surplus into cons

ideration.
Business
1 answer:
iren2701 [21]3 years ago
5 0

Answer:

a

Explanation:

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Insetto Biological Manufacturing produces a pesticide chemical and uses process costing. There are three processing departmentsl
vichka [17]

Answer:

Units completed= 38,400

Units in process= 5,600

Explanation:

Giving the following information:

Beginning inventory= 0

During​ January:

44,000 units started

30,000 completed

14,000 remained in the process

The ending inventory in the Mixing Department was 60% complete concerning conversion costs.

<u>To calculate the equivalent units under the weighted average method, we need to use the following structure:</u>

Weighted average:

Beginning inventory= 0

Units completed in the period= 30,000

Ending inventory WIP= 14,000*0.6= 8,400

Units completed= 38,400

Units in process= 5,600

5 0
3 years ago
Uhura Company has decided to expand its operations. The bookkeeper recently completed the balance sheet presented below in order
PIT_PIT [208]
This isn’t a question but I think what you are trying to say is how much they are so you add them up using a calculator and you get your answer
4 0
3 years ago
The market will overproduce goods that have external costs because
lora16 [44]

The likely reason as to why the market will overproduce goods that have external cost because of the fact that the producers experience a lower cost compared to the society making the market produce an overproduction of goods associated to external costs.

4 0
3 years ago
sold inventory for $ 280 comma 000​, terms 4​/10, ​n/30. Cost of goods sold was $ 160 comma 000. How much sales revenue will Old
Inga [223]

Answer:

A. $ 268,800

Explanation:

According to the net method,

A company will report the sales after deducting the discount (if there is any discount term is given) assuming that the buyer will pay the money within the discounting period.

Therefore, Old Oak Winery will report the sale as follows:

Sales revenue                                            = $280,000

<u>Less: Sales discount ($280,000 × 4%)     = $    11,200 </u>

Net Sales revenue                                     = $268,800

Hence, option A is correct.

5 0
3 years ago
According to Keynesian theory, which of the following is not true at each short-term macro equilibrium?
Alex787 [66]

Answer:

All macroeconomic goals are achieved.

Explanation:

All macroeconomic goals should be achieved in the long term macro equilibrium.

On the long term macro equilibrium, real GDP should be equal to potential GDP. This is all theoretical since there is no real possibility that the potential GDP is ever equal to the real GDP. There will always be at least one economic actor that is not being 100% efficient, so potential GDP is unreachable.

6 0
3 years ago
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