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3 years ago

A firm produces two goods q1 and q2. for economies of scope to occur, it must be true that:

1 answer:

5 0

For economies of scope to occur it must be true that THE COST OF PRODUCING THE TWO GOODS TOGETHER IS LESS THAN THE COST OF PRODUCING THE GOODS SEPARATELY.
The economy of scope is the proportionate savings that is gained by producing two or more different goods together, when the cost of doing so is less than that of producing each separately.

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Mary exchanged an office building used in her business for some land. Mary originally purchased the building for $45,000, and it

Savatey [412]

Answer:

$24,000

Explanation:

The computation of the adjusted basis in the land after the exchange is shown below:

= Adjusted basis at the time of exchange + additional amount given

= $20,000 + $4,000

= $24,000

We simply added the Adjusted basis at the time of exchange and the additional amount so that the accurate value can come.

And the other information which is given in the question is not relevant. Hence, ignored it

7 0

3 years ago

Coaches can receive a bonus from the booster club at the conclusion of a season.

inna [77]

Answer:

The statement is true

Explanation:

Booster club is the organization which is formed in order to support the organization, associated club and sports team. The club support through coordinating events or raising the funds.

So, yes, the coaches are legally could receive the bonus from the booster club at the season conclusion as the booster clubs are not state funded, so they are intended to use the money for the school resources.

And there is no legal matter is involves with giving the coaches bonuses as the booster club raise the fund from the extra circular activities.

4 0

3 years ago

Your uncle has $500,000 and wants to retire. He expects to live for another 30 years and to earn 6.5% on his invested funds. How

Andrei [34K]

Answer:

$38, 288.718

Explanation:

The amount to be withdrawn at the end of each year, for 30 years

The amount of $500,000 represents the present value while yearly withdraws the annuities.

We use a revised formula for calculating annuities.

Applicable formula is

P = PV × r/( 1 − (1+r)−n

P = annual withdrawals

PV = $500,000

r = 6.5%

n 30

P = 500,000 x( 0.065/ ( 1- (1 + 0.065) -30)}

p = 500,000 x (0.065/ (1-1+.065)-30)

p= 500,000 x (0.065 / 1-0.1511860661)

P =500,000 x (0.065 /0.848814)

P= 500,000 x 0.076577436

Yearly withdrawals = $38, 288.718

3 0

3 years ago

You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you

Tasya [4]

Answer:A

Explanation:

A soft drink will definitely be a poor comparison menu because it initially started the experiment with a bacon cheeseburger. From the experiment, it doesn't correlate with the representativeness.

5 0

4 years ago

Read 2 more answers

Smith operates a roof repair business. This year Smith's business generated cash receipts of $32,000 and Smith made the followin

rodikova [14]

Answer:

Net income = $20,940

Explanation:

Answer 1.

Accounts

Cash Receipts 32,000

Expenses

Advertising 500

Depreciation 3,200

Car & Truck Expense 1,360

Employee Compensation 5,000

Education 1,000 11,060

Net Income 20,940

Therefore, the net income that Smith should report from his business after considering all the cash receipts and all the expenditures associated with his business is $20,940. All the expenses are to be deducted from income.

6 0

3 years ago