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Alex777 [14]
3 years ago
8

Which of the following best exemplifies a public good?

Business
1 answer:
Lorico [155]3 years ago
7 0
What’s the following?
You might be interested in
Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company’s products, a football helmet for the N
ExtremeBDS [4]

Answer:

1.- 35,000 helment x 0.6 kilograms = 21,000 STD quantity

2.- 21,000 kilograms x $8 per kilogram = $168,000

3.- 9,000 F

4.- 12,000 U

Explanation:

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost  $8.00

actual cost  $7.60

quantity 22,500

(8.00 - 7.60) \times 22,500 = DM \: price \: variance

difference  $0.40

The actual cost for each kilogram is lower than expected. This means the copamny saved cash in the purchase. This variance is favorable.

saved 0.40 per kilograms x 22,500 purchased

price variance  $9,000.00

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity\: variance

std quantity 21000.00

actual quantity 22500.00

std cost  $8.00

(21,000 - 22,500) \times 8 = DM \: quantity\: variance

difference -1500.00

The actual quantity was higher than expected, this variance will be unfavorable

1,500 extra kilograms x $8 each =

quantity variance  $(12,000.00)

8 0
3 years ago
A cost is $11,000 at 1,000 units, $12,000 at 2,000 units, and $13,000 at 3,000 units. Using the high-low method, how much is the
Misha Larkins [42]

Answer:

Fixed costs= $10,000

Explanation:

Giving the following information:

Highest activity cost= $13,000

Highest activity= 3,000 units

Lowest activity cost= $11,000

Lowest activity= 1,000 units

<u>To calculate the unitary variable cost and total fixed cost, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (13,000 - 11,000) / (3,000 - 1,000)

Variable cost per unit= $1

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 13,000 - (1*3,000)

Fixed costs= $10,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 11,000 - (1*1,000)

Fixed costs= $10,000

6 0
3 years ago
If firms produce a homogeneous product, then
Gelneren [198K]

Answer:

A

Explanation:

Products will be perfectly substitutable with one another. For example, if ACME produces only TNT bombs, a wide multiplicity of firms can come up with cheaper and/or more effective products, which would end up with people choosing those other products and stop buying ACME's.

8 0
3 years ago
Slove in 1 hour plzz​
bearhunter [10]

Answer:

14/51

27.5%

Explanation:

5 0
3 years ago
Read 2 more answers
4. Does inflation cause a change in demand? Explain the role of inflation in determining demand.
brilliants [131]

Answer:

Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.

5 0
3 years ago
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