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2 years ago

Medicare covers the cost of care in what countries besides the united states

1 answer:

3 0

Medicare coverage outside the United States is limited. mostly, Medicare won’t pay for health care or supplies you get outside the U.S. The term “outside the U.S.” means anywhere other than the 50 states of the U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa, and the Northern Mariana Islands, Virgin Islands.

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An increase in the minimum wage ______. A. decreases employment and increases unemployment if it is set above the equilibrium w

fenix001 [56]

Answer:

The correct answer to fill the blank space will be option "C"

Explanation:

The relation between minimum wage and employment depends on the magnitude of the minimum wage relative to wage rate. Seein this we can say that an increase in the legal minimum wage will bring up the employment rate if it is set bellow the wage rate.

7 0

3 years ago

Read 2 more answers

Economists normally assume that the goal of a firm is to

Elina [12.6K]

Answer:

Profit Maximisation

Explanation:

Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.

Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity

Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.

Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.

6 0

2 years ago

Sanchez Company's output for the current period was assigned a $419,000 standard direct labor cost. The direct labor variances i

skad [1K]

Answer:

the actual total direct labor cost for the current period is $425,285

Explanation:

Reconciling Standard Cost to Actual Cost

Standard Cost $419,000

Add Unfavorable direct labor rate variance $10,475

Less Favorable direct labor efficiency variance ($4,190)

Actual Cost $425,285

3 0

3 years ago

Hardy Inc. has two operating departments (1 and 2) and is considering renting a new machine to help automate the printing proces

gayaneshka [121]

Answer:

$6,900

Explanation:

When you use the incremental cost allocation method, you must rank cost activities and how they will be allocated. In this case, department 2 is the primary user, and therefore, rental costs must be allocated first to them. Rental costs will be allocated at a $25/hour rate.

Since department 1 is the next user, 100 hours will be allocated using the same rate as department 2, but the next 200 hours will be allocated at the lower $22/hour rate. Total rental cost allocation to department 1 = (100 x $25) + (200 x $22) = $2,500 + $4,400 = $6,900

5 0

3 years ago

Tony’s Market recorded the following events involving a recent purchase of inventory: Received goods for $80,000, terms 2/10, n/

kap26 [50]

Answer:

Correct option is D

Answer is increased by $ 77232

Explanation:

Effect on Inventory:

Increase due to purchase $80000

Decrease due to return -$1600

Increase for freight paid $400

Decrease for discouont availed -$1568 (78400*2%)

Net Increase in Inventor =$77,232

4 0

3 years ago