Answer: 1. statement d
2. statement d
Explanation: This can be explained as follows :-
1.Government intervention should be done on those sectors that results in maximization of wealth. Private sector is the back bone of every economy's free market, thus, protecting private property is the correct option.
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2. Issuing patent right to the inventor will result in monopoly by that particular producer and that too of a necessary commodity hence option d is correct.
Answer:
Trade-off. act of giving up one thing of value to gain another. Opportunity Cost. value of the next best alternative you could have chosen. Marginal Benefit.
Explanation:
Answer:
the standard amount of materials allowed for the actual output is 23,310 ounces
Explanation:
The computation of the standard amount of materials allowed for the actual output is shown below:
= Actual output × direct material
= 3,700 units × 6.3 ounces
= 23,310 ounces
hence, the standard amount of materials allowed for the actual output is 23,310 ounces
The same is relevant
<span>As little as (C) 2 percent of privately owned 4es ever move from the start-up stage to the success stage. Owning a start-up company is a tedious and challenging job. It takes a lot of responsibility towards making it a stable one and easily attack conflicts. It is a big risk, but the success of the risk will bring you to a higher level.</span>
Income taxes, payroll taxes, and corporate income taxes.
Income taxes = individual employees pay out of their earnings
Payroll Taxes = social security tax, medicare, and unemployment tax. These are paid partially by the employees and partially by the employers
Corporate income taxes = paid by businesses as a percentage of their profits
