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4 years ago

Personal finance please help

Business

1 answer:

svlad2 [7]4 years ago

3 0

Monetary Policy = Federal government's way to influence the economy though taxes. An example is a decrease in discount rate.

Factor Market = A market where firms buy services related to production. An example is land or raw materials.

Product Market = A market where finished goods and services are traded. An example of a product market is a bank/mortgage.

Fiscal Policy = Federal reserve's tool to influence the money supply in the economy. An example is increased government spending.

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Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of

Rufina [12.5K]

Answer:

b. a radio broadcast

Explanation:

The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all

Therefore as per the given options, the option b is correct

hence, the other options are incorrect

7 0

3 years ago

What is NOT a reason why ERP systems are expensive?a) The software is expensive.d) They need organizational changes and change h

adelina 88 [10]

Answer:

e) They do not require business process redesign.

Explanation:

Enterprise resource planning is a software management system that aims at unifying data in modern businesses thus ensuring a smooth flow of information. Since ERP's do not require a redesign of the business process, but rather improve on them, they in effect save cost for the organizations.

When ERP's are introduced in businesses, the staff will need to be trained on how to use the software. This training and support will come with financial costs. Also, the software itself costs a lot of money and will change the way the business is run.

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3 years ago

Which is true regarding elasticity of supply ?

sergij07 [2.7K]

Answer:

A factor in supply elasticity is production difficulty

Explanation:

The quantitative relation between price of products and its commodity is established by the elasticity of supply. The longer the time period that an organization is allowed to adjust its production targets, the more the supply price becomes elastic. Availability of resources is one of the factor, because the resource will become increasing expensive which consequently increase the price of the products and its production.

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3 years ago

Philadelphia Company has the following information for March: Sales $450,000 Variable cost of goods sold 240,000 Fixed manufactu

borishaifa [10]

Answer:

a.$210,000

b. $158,000

c. $53,000

Explanation:

Calculation to determine the March (a) manufacturing margin, (b) contribution margin, and (c) income from operations for Philadelphia Company.

A)Calculation to determine the March manufacturing margin

Using this formula

Manufacturing Margin =(Sales – Cost of Goods Sold)

Let plug in the formula

Manufacturing Margin=450,000 – 240,000

Manufacturing Margin= $210,000

(B)Calculation to determine contribution margin,

Using this formula

Contribution Margin =(Gross Manufacturing Margin – Variable Expenses)

Let plug in the formula

Contribution Margin=210,000 – 52,000

Contribution Margin= 158,000

(C)Calculation to determine the March income from operations for Philadelphia Company

Using this formula

Income from Operations= (Sales – All expenses)

Let plug in the formula

Income from Operations= 450,000 – 397,000

Income from Operations = 53,000

Therefore the March (a) manufacturing margin, (b) contribution margin, and (c) income from operations for Philadelphia Company are:

a.$210,000

b. $158,000

c. $53,000

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3 years ago

Which statement is true? Select one: a. Printing with %.2f guarantees correct monetary calculations in C. b. Monetary calculatio

RUDIKE [14]

Answer:

B. Monetary calculations can be performed in C is the correct answer.

Explanation:

6 0

3 years ago