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3 years ago

According to the cost-push theory , what is responsible for inflation?

Business

2 answers:

lara31 [8.8K]3 years ago

8 0

Producers raise prices to meet increased costs .

Tasya [4]3 years ago

6 0

When resources are low, businesses know that they can increase their prices because people need them desperately.

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An investor purchases one municipal bond and one corporate bond that pay rates of return of 7% and 8.4%, respectively. If the in

balandron [24]

Answer:

After-Tax return on Municipal Bond = 7%
After-Tax Return on Corporate Bond = 6.72%

Explanation:

The main advantage that Municipal Bonds usually carry with them is that they are tax-exempt. As no taxes are paid on them, there is no need to calculate an after-tax return because it is the same as a pre-tax return.

After-Tax return on Municipal Bond = 7%

The Corporate Bond is subject to tax based on the holder's tax bracket.

After-Tax Return on Corporate Bond = 8.4 % * ( 1 - 20%)

After-Tax Return on Corporate Bond = 6.72%

<em>Considering taxes, the Municipal Bond is better. </em>

6 0

3 years ago

A firm in a purely competitive labor market is a wage taker because

zubka84 [21]

Answer:

employees don't accept the wage if the firm goes for lower wages.

Explanation:

A <u>purely competitive labor market</u> means that employees have more bargaining power in the employer-employee relationship. They usually wouldn't settle for the wage initially offered by employers, which is mostly low at the start. They gave the impact to influence the wage, due to the labor market structure (high need for labor, or decreased number of competitive employees). Therefore, the firms in that kind of labor market are wage takers.

6 0

3 years ago

Smith Company reports the following information: Cost of goods manufactured $68,250 Direct materials used 27,000 Direct labor in

mafiozo [28]

Answer:

Ending Work in process= $13,500

Explanation:

Giving the following information:

Cost of goods manufactured $68,250

Direct materials used 27,000

Direct labor incurred 25,000

Work in process inventory, January 1 11,000

Factory overhead is 75% of the cost of direct labor.

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

68,250= 11,000 + 27,000 + 25,000 + (0.75*25,000) - Ending WIP

Ending WIP= 11,000 + 27,000 + 25,000 + 18,750 - 68,250

Ending WIP= 13,500

6 0

3 years ago

Has anyone here ben to thunderbird youth program before?

garri49 [273]

no i have not been to thunderbird youth program

8 0

3 years ago

Read 2 more answers

HELP Question 3: To determine gross profit, A:subtract the cost of goods sold from sales.

mylen [45]

Answer:

Explanation:

Gross profit = total sales - total cost of sales

7 0

3 years ago

Read 2 more answers