Answer: $42,400
Explanation:
The family currently spends $40,000 on living expenses.
Inflation is expected to be 6% and as Inflation is used to refer to the general rise in prices, this means that the family will be spending 6% more in one year.
They will therefore be spending;
= 40,000 * (1 + 6%)
= $42,400
An ability to care for plants. Gardener’s green thumb
Explanation:
The computation of the ending inventory and the beginning inventory is shown below:
Ending inventory is as follows
December = 438,00 units × 5.5 gallons × 15% =
= 36,135 units
January = 41,000× 5.5 gallons × 15%
= 33,825 units
February = 50,250 units × 5.5 gallons × 15%
= 41,457 units
And, the beginning inventory for January is December ending inventory i.e 36,135 units
Answer: B. People who have been in an industry are most likely to be asked to be regulators of the industry.
Explanation:
The Capture Theory or Regulatory Capture refers to a situation where the agencies that are supposed to be regulating an industry come under the influence of the companies they are meant to be regulating.
This leads to a situation where the Agencies make regulations that favour these companies instead of the consumer.
One key way this occurs is the REVOLVING DOOR. This is known as the tendency of professionals to move between Government and Private jobs. Simply put, a professional could work in an industry and then go on to work in an Agency regulating that industry. Once this happens, the once private citizens could start influencing the Agencies in favour of their previous bosses.
