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2 years ago

How does a subsidy provided for a good affect consumers?

Business

1 answer:

Orlov [11]2 years ago

7 0

Answer: D. It increases consumers’ incomes and encourages consumers to buy the good

Explanation:

A subsidy is an amount of money that is given by the government to producers or farmers so as to increase the production of a particular good and also to reduce the price of the good.

Subsidies affect consumers as it increases consumers’ incomes and encourages consumers to buy the good. This is because the subsidized goods will be sold at a cheaper price which means that the income of the consumer is increased and also encourages more purchases of the good.

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Which of the following is NOT a federal income tax deduction?

11Alexandr11 [23.1K]

Answer: a)

Explanation: All the others are deductible, whilst excise taxes are only deductible as a business expense.

8 0

2 years ago

Sunland Company had the following department data: Physical Units Work in process, beginning 0 Completed and transferred out 909

ElenaW [278]

Answer:

Equivalent units of production= 98,700

Explanation:

Giving the following information:

Physical Units Work in process, beginning 0

Completed and transferred out 90,900

Work in process, ending 7,800

Materials are added at the beginning of the process.

To calculate the equivalent units, we need to use the following formula:

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 0 + 90,900 + 7,800*1

Equivalent units of production= 98,700

Because the materials are added at the beginning of the process, the percentage of completion is 100%.

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3 years ago

What is the approximate present value of $1 that will be paid to you in 3 years if the interest rate were 5 percent?

Stolb23 [73]

Answer:

The present value is $0.86.-

Explanation:

Giving the following information:

Future Value (FV)= $1

Number of periods (n)= 3 years

Interest rate (i)= 5% = 0.05

To calculate the present value (PV), we need to use the following formula:

PV= FV/(1+i)^n

PV= 1/(1.05^3)

PV= $0.8634

The present value is $0.86.-

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3 years ago

Troubleshooting differs from diagnosis in that _____.

tigry1 [53]

I believe it is the B. troubleshooting focuses on how to fix the problem

5 0

3 years ago

What are two ways you could continue to build to your personal human capital in the next five years

kondaur [170]

Personal human capital is defined as the present value of all future wages. So, you can increase your personal human capital by increasing your future earning potential. There are many ways to do this including investing in your education, working on your social and professional networking skills, and getting on the job training.

6 0

3 years ago