The field of economics is so vast and broad that it is often classified into branches and one of which are the positive and normative economics. Positive economics usually refers to the process and methods of explaining a certain economic phenomenon in which it establishes common relationships among variables present.
Answer:
B) $.10.
Explanation:
All the cost used in the production process is called production cost.
Capital cost = Units x Cost per unit = 2 x $10 = $20
Raw Material cost = Units x Cost per unit = 5 x $4 = $20
Labor cost = Units x Cost per unit = 8 x $3 = $24
Total Cost = Capital cost + Raw Material cost + Labor cost
Total Cost = $20 + $20 + $24 = $64
Cost per unit = Total cost / Number of units = $64 / 640 = $0.10
Answer:
1) d. $175,000
2) b. $156,250
Explanation:
1. The computation of net income for 20X9 under the treasury stock method is shown below:-
Net income for 20X9 under the treasury stock method = Janet Operating income + Slider operating income
= $100,000 + $75,000
= $175,000
2. The computation of income assigned to the controlling interest for 20X9 is shown below:-
income assigned to the controlling interest for 20X9 = Janet Operating income + (Slider operating income × Remaining percentage)
= $100,000 + ($75,000 × 75%)
= $100,000 + $56,250
= $156,250
Therefore we have applied the above formulas.
Answer:
O The size of the labor force is 40 million
Explanation:
Given:
Participation rate is 75%
Unemployment rate is 10%
Employment rate is 67.5%
The number of employed is 27 million.
As the employment rate is 67.5% of the size of the labor force which means that 27 million people are employed, we can say that number of people are employed equals to 67.5 percent of the total size of the labor force and we can write it numerically as:
27 = size of the labor force 
67.5%
27 = size of the labor force
27 = size of the labor force 
Dividing both side by 0.675
Size of the labor force = 40 million
Therefore, (O The size of the labor force is 40 million) option is correct.
Answer:
C. Real Estate Fraud Prosecution Trust Fund.
Explanation:
The motive of creating the Real Estate Fraud Prosecution Trust Fund was to distribute the dedicated funds for the prosecution relating to the real estate fraud within San Francisco.
According to the Section 27388 of California Government Code an amount of $2.00 per every real estate instrument recorded is to be collected by counties and placed in a Real Estate Prosecution Trust Fund.
