Answer:
In normal view, go to the slide deck.
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consumption and production of the taxed product are reduced below the level of allocative efficiency which would occur without the tax.
The description explained depicts urban renewal.
Urban renewal were the policies that were out in place to enable housing authorities and local governments to demolish the neighborhoods that were considered to be blighted and poor and then replace such neighborhoods with real estate that were more valuable and were usually reserved for the white people.
Houses that were seen to be slums were destroyed and newer and fascinating neighborhood were constructed.
In conclusion, the correct option is C "urban renewal".
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Answer:
1. Which product should StoreAll emphasize? Why?
- StoreAll should emphasize on producing regular bins since the contribution margin per hour generated by that product is much higher.
2. To maximize profits, how many of each size bin should StoreAll produce?
- Large bins = 0
- Regular bins = 49,500 units
3. Given this product mix, what will the company's operating income?
- operating income = $292,050 - $110,000 = $182,050
Explanation:
some information is missing, so I looked it up:
large bin regular bin
sales price per unit $10.80 $9
variable costs per unit $4.20 $3.10
contribution margin $6.60 $5.90
units per hour 9 15
contribution margin p/ hour $59.40 $88.50
total contribution margin $196,020 $292,050
The Federal Reserve will need to raise the excess reserves held by commercial banks if it intends to expand the money supply by expanding its ability to lend. Banks will get cash in their reserve accounts in return for the securities, thus the Fed must purchase those securities from the banks. As a result, they will have more reserves to lend to their clients.
<h3>
What is Federal Reserve System ?</h3>
- The central banking system of the United States of America is the Federal Reserve System, usually referred to as the Federal Reserve or just the Fed.
- With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics, including the Panic of 1907.
- The Federal Reserve System's functions and responsibilities have grown over time as a result of occasions like the Great Depression in the 1930s and the Great Recession in the 2000s.
- In the Federal Reserve Act, the U.S. Congress outlined three primary goals for monetary policy: increasing employment, preserving price stability, and lowering long-term interest rates.
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