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malfutka [58]
3 years ago
11

Q 10.1: Sukui Electronics decided to expand their product line to include GPS trackers. They estimate that over the next 3 years

this project will increase their net income by $1.7 million. To do this, they decided not to add a product line of deep sea diving watches. They estimate that over the next 3 years this project would have increased their net income by $800,000. This is an example of
Business
1 answer:
Mazyrski [523]3 years ago
4 0

Answer: opportunity cost of capital

Explanation:

The example in the question above is an opportunity cost of capital. Opportunity cost of capital simply refers to the potential loss that an individual makes because of making a choice at the expense of another one.

Here, the opportunity cost of capital is the $800000 that could have been made if they decided to add a product line of deep sea diving watches.

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Bonnie and Ernie file a joint return. Bonnie works and receives income during the year but Ernie does not. If the couple files a
Dafna11 [192]

Answer:

Statement is true

Explanation:

One is liable to pay comparatively lesser tax if filed jointly with the spouse. Filing jointly is advantageous. IRS does not force married couples to file joint returns. They have the option to file separately but filing jointly provides ta relief.

If couples decide to file jointly, spouse is responsible to pay taxes or any resultant penalties, if the other half is unable to do so. In this case, Ernie is liable to pay taxes if Bonnie to unable to pay even though she does not have any eared income but they chose to file returns jointly.

3 0
3 years ago
What is the source of income for the four sectors of the economy
OlgaM077 [116]

<u>Answer</u>:

Consumer, Investment, Government, and Foreign.

<u></u>

<u>Explanation</u>:

Consumer:

Personal disposable income

Investment:

Retained earnings

Government:

Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.

Foreign:

No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.

Hope this helps! Have a great day my loves<3      

                                                                                           <u>-Heiwa</u>

5 0
3 years ago
Which formula accurately represents disposable income? income + income tax = disposable income income – goods and services = dis
elena55 [62]

Answer:

The correct equation is

*income – income tax = disposable income

Explanation:

Disposable income shows the income that can be used for personal uses after the mandatory income taxes are paid to the government.

Disposable income is an important concept in economics as it allows to reasonably deduce how the income taxes has to be adjusted and how the taxes will effect the consumption and savings by the individuals.

More disposable income for individuals generally means that person may have a higher standard of living. But if most of that income is spent on consumption rather than savings and investing, then the economy loses its advantage.

6 0
4 years ago
Bertha purchased 10 shares of BestSnack, Inc. stock for $200 per share; in one year, she sold the 10 shares for $220 a share. Ov
geniusboy [140]

If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.

<h3>Gain</h3>

First step

Bertha's capital gain= ($220 - $200) x 10 shares

Capital gain = $200

Second step

Balance left after government took 50%

Balance left= $200 x (1 - 0.50)

Balance left= $100

Third step

Gain=$100 x (1 - 0.03)

Gain=$97

Therefore If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.

Learn more about Gain here:brainly.com/question/843074

#SPJ1

5 0
3 years ago
When is output level and supply inelastic? short run or long run
tia_tia [17]

Output and input levels always tend to an equilibrium point it the long run, meaning they are inelastic in the long run.

Elasticity refers to how much supply and/or demand changes with changes in pricing. The more elastic, the more change there is.

In the short-term, output and and supply can change dramatically, but in the long run things tend back to the middle (equilibrium).

4 0
3 years ago
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