Answer: While not usual they can be held responsible for all business debts.
Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.
Answer:
$3,200 overapplied
Explanation:
The computation of the total underapplied or overapplied factory overhead is shown below:
Given that
Actual total factory overhead costs incurred is $45,400
Now Overhead applied to production
= (Total factory overhead application rate per standard DLH × Standard direct labor hours allowed)
= $2.70 × 18,000
= $48,600
As we can see that the overhead applied amount is more than the actual amount so the overhead cost would be overapplied i.e.
= $48,600 - $45,400
= $3,200 overapplied
Answer:
b. structural unemployment
Answer:
Option (D) is correct.
Explanation:
In United states:
Can produce 25 tons of steel or 250 automobiles,
Opportunity cost of producing a ton of steel = 250 ÷ 25
= 10 automobiles
Opportunity cost of producing 1 automobile = 25 ÷ 250
= 0.1 tons of steel
In Japan:
Can produce 30 tons of steel or 275 automobiles,
Opportunity cost of producing a ton of steel = 275 ÷ 30
= 9.17 automobiles
Opportunity cost of producing 1 automobile = 30 ÷ 275
= 0.11
Therefore,
United States has a comparative advantage in producing automobiles because the opportunity cost of producing automobiles is lower than the Japan.
Japan has a comparative advantage in producing steel because the opportunity cost of producing steel is lower than the United states.
Answer:
Interest rates would rise.
Explanation:
There would be a decrease in the amount of loanable funds borrowed.
if the government were to increase the tax on interest income, a reduction in the amount of funds borrowed would happen because the cost of borrowing would then become higher and people would have to pay more than they would have paid for every amount borrowed
