1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kodGreya [7K]
3 years ago
7

“In fact, production theory is much simpler than consumption theory because the output of a production process is generally obse

rvable, whereas the “output” of consumption (utility) is not directly observable”. Explain this statement.
Business
1 answer:
laila [671]3 years ago
6 0

Answer:

The given statement 'In fact,...observable' conveys the idea that <u>it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly</u>. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.

You might be interested in
As a general rule, __________ seems to work best when the consumer target market for the product is alike across countries and c
Serggg [28]
The correct answer to fill in the blank is product extension.
7 0
3 years ago
The Dells Cargo bank was rocked by scandal with the discovery of one million phony accounts created by employees to hit sales ta
77julia77 [94]
You’re answer would be B love!
5 0
3 years ago
On January 1, Jim Shorts Corporation issued $300 million face value bonds for $580 million. During the same year, $1,500,000 of
ankoles [38]

Answer: a deduction from net income of $1,500,000.

Explanation:

Based on the statements provided in the question, it should be noted that Jim Shorts Corporation should report a deduction from net income of $1,500,000 on the statement of cash flows prepared by the indirect method.

It should be noted that the caah flow statement would start the accrual basis of the net income under an indirect method of the cash flow and then, all the non-cash items would either be added or subtracted in order for the reconciliation of account.

8 0
3 years ago
Jamie is single. In 2020, she reported $108,000 of taxable income, including a long-term capital gain of $5,800. What is her gro
svetoff [14.1K]

Answer:Jamie's gross tax liability is $19,572.50

Explanation:

Since Jamie is single with taxable income of $108,000 which  includes $5,800 long term capital gain.

Therefore  $102,200 (108,000 -5,800) will be taxed under normal tax rates and $5,800 would be under long term capital gain tax rate.

With regards the 2020 tax schedule,  Since her ordinary income is  $102,200, Jamie falls under 24% rate tax bracket under filing for single status.

qd

Tax liability on ordinary income =$14,382.50 plus 24% of any income you made above $84,200

14,382.50 + 0.24 (102,200 - 84,200)

14,382.50 + 0.24 x 18000

                 = 14,382.50 + 4,320

                 = $18,702.50

Also, according to her income, longterm capital gain tax applicable in 2020 is 15%

Tax on long term capital gain = 5,800 × 0.15

                                              = $870

Jamie's gross tax liability is $18,702.50 + 870 = $19,572.50

6 0
3 years ago
McCann Publishing has a target capital structure of 35% debt and 65% equity. This year's capital budget is $850,000 and it wants
levacccp [35]

Answer: $952500

Explanation: targeted equity ratio is 65% = 0.65

Capital budget = $850000

Dividend = net income - (target equity ratio × total budget)

400000 = N - (0.65 × 850000)

Make N the subject of formula

Net income N = $952,500

4 0
3 years ago
Other questions:
  • A company with $500,000 in operating assets is considering the purchase of a machine that costs $60,000 and which is expected to
    13·1 answer
  • Cleared checks:
    10·1 answer
  • During 2016, Skechers U.S.A., Inc. had Sales of $3,563.3 million, Gross profit of $1,634.6 million and Selling, general, and adm
    9·1 answer
  • Phan Company has not reported a profit in five years. This year the company would like to narrow its loss to $7,500. Assuming it
    10·1 answer
  • Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at
    15·1 answer
  • Electrical engineers install electrical wiring. True or False?
    14·1 answer
  • M Company has the following information available before recording the adjustment at the end of the year: Accounts Receivable $8
    15·1 answer
  • Alpha Company uses its sales invoices for posting perpetual inventory records. Inadequate control activities over the invoicing
    10·1 answer
  • Explain if you believe all businesses should have the same promotional strategies.
    12·1 answer
  • Heavy dream is best. <br><br> agree <br> or <br> no agree
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!