a subsidy is the opposite of a tax. with a $0.50 tax on the buyers of ice-cream cones, the government collects $0.50 for each cone purchased; with a $0.50 subsidy for the buyers of ice cream cones, the government pays buyers $0.50 for each cone purchased. show the effect of a $0.50 per cone subsidy on the demand curve for ice-cream cones, the effective price paid by sellers, and the quantity of cones sold. do consumers gain or lose from this policy? do producers gain or lose? does the government gain or lose?
Answers
Demand for ice cream cones and the effective price paid by sellers will increase and a greater quantity of cones will be sold.
Step 1;
In order to complete this work, we must take into account how the government's decision to provide consumers with a $0.50 subsidy for each ice cream cone they buy will affect the cost and number of cones that are offered for sale at the ice cream market.
Step 2;
The government's decision to provide consumers with a $0.50 subsidy for each ice cream cone they buy encourages consumers to buy more ice cream, which causes the demand to rise (from D 1D 1 to D 2D 2) while the supply stays the same.
Under those circumstances, sales volume rises over the equilibrium level (from $100 to $120 for ice cream cones).
Additionally, the price paid to sellers rises from $3 to $3.3 per cone, exceeding the equilibrium price.
The price paid by consumers is, however, $0.50 less than the amount sellers receive since they receive a government subsidy of $0.50 per cone. Therefore, the cost to consumers is $2.8.
The graph below shows the current state of the market. (see attached file)
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Related Questions
What conditions would affect how much people would use your business?
The business is and Ice Cream Shop.
Answers
Answer:
restaurant
like pandemic all small restaurant is closed the business is bankcrap
6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Answers
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
"The law of Agency imposes certain duties both on the Agent and
the Principal". Discuss the duties of Agent and Principal
separately.
Minimum 1000 words with reference books
Business Law
Answers
The principal is responsible for paying the agent, collaborating with the agent, ensuring a secure workplace, and carrying out contractual obligations.
Discuss the duties of Agent and Principal separately.An essential component of business law that regulates the relationship between principals and agents is the law of agency. To ensure the success of the relationship, both parties have obligations and responsibilities that must be upheld. The agent's obligations include acting honestly and loyally, adhering to the principal's requests, avoiding conflicts of interest, and disclosing all pertinent information. The principal is responsible for paying the agent, collaborating with the agent, ensuring a secure workplace, and carrying out contractual obligations. These obligations are made to make sure that there is open communication between the principal and agent, that their relationship is advantageous to both parties, and that everyone acts in the other parties' best interests.
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The agent has the right to be compensated, to be reimbursed and indemnified, and to have a safe working environment. T/F
Answers
The statement is true. In many jurisdictions, an agent (such as an employee or independent contractor) has certain rights.
Which may include the right to be compensated for their work, to be reimbursed for expenses incurred in the course of their duties, and to be indemnified (protected) against certain risks or liabilities. Additionally, agents have the right to a safe working environment, which means that employers have a legal obligation to provide a workplace that is free from hazards and takes necessary measures to ensure the safety and well-being of their agents.
Agents have the right to be compensated, reimbursed, and indemnified, as well as the right to a safe working environment.
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Cindy Haskins is paid $9.00 an hour. Her overtime rate is 2 times (double time) her regular hourly rate. This week Haskins worked her regular 40 hours plus 8 hours of overtime. What is her total pay?
Answers
Her entire compensation is $504.
The term "total pay" means what?Total Pay is the sum of a worker's regular straight-time pay or base salary plus any additional wages received for overtime, shift differentials, incentive pay, bonuses, and other special payments.
The following formula will be used to determine Cindy Haskins' total compensation:
Hourly Payment per hour= $9.00
Hours worked= 40 hours
Payment = 40 X 9 = $360
Overtime payment per hour = $9.00 X 2= $18
Overtime = 8 hours
Payment = 18 X 8= $ 144
Total Payment= $360 + $144= $504
How do you figure up total pay?The number of hours worked multiplied by the hourly wage of an employee is how gross wages for hourly workers are determined. For instance, if a worker does 25 hours per week of part-time employment at a wage of $12, their gross compensation would be $300 (25 x $12 = 300).
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Question #5
Multiple Choice
include businesses that buy products or services from another business to help produce products or services for their own
business to sell.
O Consumer markets
O Industrial markets
O Markets
None of the above
Answers
Answer:
I think industrial markets
On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets of SAP, Inc. The collection of assets and liabilities acquired do not meet the definition of a business under ASC 805. The fair value of Pine's common stock on the acquisition date was $63 per share. Pine paid a fee of $164,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $89,000. What amount should Pine record in total for the net assets acquired?
Answers
The amount that Pine Corp. should record for the net assets acquired is $6,300,000.
How much should Pine Corp. record?The amount that should be recorded as the total for net assets acquired, is the fair value of the shares sold to finance the purchase.
In this case that is:
= 100,000 shares x 63 per share
= $6,300,000
In conclusion, $6,300,000 should be recorded.
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from the for review tab in the banking center, how can you exclude a bank transaction that is a duplicate?
Answers
Here's how to exclude bank transaction and maintain order in your books.
Step 1: Determine whether to exclude the transaction.
Check that excluding a downloaded transaction is the proper course of action for your accounting before you do so.
A transaction is excluded when it is not included in any financial reports or account registers. This could either make it simpler or harder for you to reconcile an account, depending on the type of transaction. Here are a few scenarios to think about.
The downloaded transaction ought to be disregarded.
Under Bookkeeping, choose Transactions, then Bank transactions (Take me there).
the "For Review" button.
The transactions you wish to disregard are those with a check next to them.
Select Exclude.
The transaction is moved to the Excluded tab on the Banking page.
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Write a short note on the importance of technical education
Answers
Answer: the importance of technical education. What would happen without technology. We wouldn’t be able to do our homework. We would have to write down our essays, and not be able to store our hard work. Technology is a huge asset to schools. We even use it to send emails to our teachers and submit essays. So without technology our schools would be a lot harder.
Explanation:
Give me branliest please and let’s see how many hearts I can get
Answer/Explanation:
Technical Education plays a vital role in human resource development of the country by creating skilled manpower, enhancing industrial productivity and improving the quality of life. Technical and vocational education and training plays an essential role in improving the wellbeing of youths and communities. It increases productivity, empowers individual to become self reliant and stimulates entrepreneurship. Businesses are more willing to invest in a community with strong human resources. Technical skills are important for your business for a variety of reasons.It's essential to ensure your employees have the technical skills they need to perform their jobs successfully. Giving your employees the skills they need, leads to happier employees, meaning better productivity.
PLEASE HELP!!!
QUESTION BELOW!
Answers
1. Players in Game B would rate their game as more fair than Game A, because the starting wealth and salaries are more evenly distributed between social classes.
What is wealth?Wealth is a term used to describe an abundance of resources, material possessions, and money. It is a measure of financial success and affluence, with the goal of attaining a high standard of living. Wealth can be accumulated in various ways, including through investments, business ventures, inheritance, or even luck.
The upper class in Game A is given a large advantage in terms of wealth, whereas the upper class in Game B is given a much smaller advantage.
2. The upper class players in Game B would rate the game as most fair, as they are given the greatest opportunity for success due to the more even distribution of wealth and salaries.
3. The upper class players in Game A are likely to cheat the most, as they are given a large advantage in terms of starting wealth and salaries. This makes it easier for them to earn more money and get ahead of the other players.
4. Game B gives players the most opportunity for success, as the starting wealth and salaries are more evenly distributed between social classes. The upper class in Game A is given a large advantage in terms of wealth, making it more difficult for other players to compete.
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When a grocery store accepts your $5 bill in exchange for bread and milk, the $5 bill serves as a:
Select one:
a. medium of exchange.
b. unit of account.
c. store of value.
d. standard of deferred payment.
Answers
When a grocery store accepts your $5 bill in exchange for bread and milk, the $5 bill serves as a. medium of exchange.
What is Medium of exchange?
A medium of exchange is a device or system that acts as a middleman in transactions involving the exchange of goods between parties. A system must represent a standard of value in order to serve as a medium of exchange. All parties must concur to that norm as well. Currency serves as the primary means of exchange in modern economies.
The use of a medium of exchange promotes increased trading activity and improves economic efficiency. A trade between two parties in a traditional barter system can only take place if one party has a commodity that the other party wants, and vice versa.
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To show appreciation to a headhunter who has helped place you with an employer, you might: (Multiple Choice)
send a thank-you note
stay in contact
save him or her time by contacting the employer directly when you need information
refer other hardworking individuals to him or her
Answers
Answer:
• send a thank-you note
• stay in contact
• refer other hardworking individuals to him or her
Explanation:
A headhunter refers to an individual or a company that provides recruiting service with regards to employment on behalf of an employer. The employers hires headhunters in order to find individuals who meet a particular job requirement.
In order to show appreciation to a headhunter who has helped place an individual with an employer, the person can:
• send a thank-you note
• stay in contact
• refer other hardworking individuals to him or her
Option C is incorrect as saving him or her time by contacting the employer directly when an information is needed isn't ideal. Therefore, the correct options are A, B and D.
if imports exceed exports, as in recent years, then __________ exists.
Answers
There are a couple of questions in this:
1) Which of the following statements is true?
a. Elasticity is identical to the slope of the demand curve.
b. A single, straight-line demand curve can be elastic in one region and inelastic in another.
c. Perfectly inelastic demand can be represented by a horizontal line.
d. When demand is unit elastic, revenue is strongly affected by price changes.
e. You can always determine the relative elasticity of demand for two products by
comparing the slope of their demand curves.
2) In the market for green beans, as price rises from $2 to $3 per pound of green beans, producer revenues increase from $50,000 to $80,000. What can we say about the price
elasticity of demand for green beans?
a) Demand is price inelastic
b) Demand is price elastic
c) Demand is unit elastic
d) Green beans are an inferior good
e) Green beans are a normal good
3) Five students are willing to pay $5 for an ice cream cone and the price for an ice cream cone at Baskin Robbins is $3. What is the total consumer surplus among the five students?
a) $2
b) $10
c) $15
d) $20
Answers
Perfectly inelastic demand can be represented by a horizontal line. is a correct statement. Option (c) is correct.
We can say that Demand is price inelastic. Option (a) is correct.
The total consumer surplus among the five students is $15. Option (c) is correct.
What is Revenue?Revenue is the entire amount of money made through the sale of products and services that are essential to the business's core operations. Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.
Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is another name for the relationship between price and quantity demand.
Therefore, option (c) (a) and (c) are correct. that is Perfectly inelastic demand can be represented by a horizontal line, We can say that Demand is price inelastic, The total consumer surplus among the five students is $15 respectively.
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Sandra is hired by a sparkling water manufacturer. Her primary function at the company is transforming resources into goods and services. Sandra is involved in
Answers
Sandra is involved in production.
What is Production?
Production can be described as the process of transforming or converting resources into goods and services.
In any organization, the depart that is in charge of production is the production or operation department.
Therefore, Sandra is involved in production.
The reason is that the transformation of resources into goods and services is her key job role at the company.
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assuming no safety stock, what is the reorder point (r) given an average daily demand of 50 units, a lead time of 10 days, and 625 units on hand? multiple choice 550 500 715 450 475
Answers
Answer:
f
Explanation:
The correct answer is 500 units.The formula for calculating the reorder point (r) is: r = average daily demand x lead time. In this case, r = 50 units/day x 10 days = 500 units.
Since there is no safety stock mentioned, the reorder point would be the same as the minimum inventory level.
Therefore, the answer is: 500 units.To calculate the reorder point (r) for your given situation, you can use the following formula:
Reorder Point (r) = Average Daily Demand × Lead Time
Given the average daily demand of 50 units and a lead time of 10 days:
Reorder Point (r) = 50 units/day × 10 days = 500 units
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the average propensity to consume and the average propensity to save together equal. True/False?
Answers
The average propensity to consume and the average propensity to save together equal 1.
What is relationship between APC and APS?Two key macroeconomic concepts—the average propensity to consume (APC) and average propensity to save (APS)—help to explain how people and households divide their income between spending and saving. The APC measures how much of gross income is spent on consumption. Total consumption divided by total income is used to calculate it. The APS, on the other hand, represents the percentage of gross income that is saved. By dividing total savings by total income, it is determined. The APC and APS have a complementary relationship, which calls for them to sum to 1 (or 100%). To put it another way, the APS decreases as the APC rises and vice versa.
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consider the following artificial data set: 5, 5, -10, 6, -3, -3 what is the sample size? sample mean
Answers
From the given dataset, the sample size is 6 and the sample mean is 0.
In statistics, a sample is a subset of the population that is used to make inferences about the entire population. In this case, the artificial data set provided is the sample.
To find the sample size, we simply count the number of data points in the set. In this case, there are six data points, so the sample size is 6.
To find the sample mean, we add up all the data points and divide by the sample size. Using the data set provided, we have:
(5 + 5 - 10 + 6 - 3 - 3) / 6 = 0
So the sample mean is 0.
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List five organizations where you could volunteer your services. Describe the type of work you might perform for each organization.
Answers
Answer:
animal shelter: feeding the animals giving them baths and walking them maybe
eldery homes: help them clean up a bit and just talk to them
Explanation:
sorry i cant think of more
Points of Light is the world's largest volunteer organization. We envision a society in which it is simple for anyone to affect change in their community and around the world. A volunteer program is a structure that is used to recruit and manage volunteers while also supporting community volunteer activities.
How do I ask for volunteer work?Explain that you are looking for a volunteer opportunity and that you are particularly enthusiastic about the organization in question. You can even include a sentence explaining why the organization is a good fit for your skills. The first paragraph should pique the reader's interest and make them want to learn more about you.
Volunteering can help you gain confidence by allowing you to try something new and develop a genuine sense of accomplishment. Make an impact. Volunteering can have a significant and positive impact on individuals, communities, and society as a whole. Meet new people. a desire for excellence doing an excellent job requiring a sense of significant accomplishment wanting to change careers/get a job.
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time is limited i have 2 minuets on this
The best time to visit a college campus is:
A) during spring break.
B) Monday through Thursday.
C) over the summer.
D) on any Friday.
Answers
Explanation: looking it up it says “later summer early September”
The fact that you cannot isolate the production of a ride through a ride-share service such as uber or lyft from its consumption relates to the service's _______
Answers
Explanation: Inseparability is used in marketing to describe a key quality of services as distinct from goods. Inseparability is the characteristic that a service has which renders it impossible to divorce the supply or production of the service from its consumption.
Use the data from the GDP graph to complete each sentence.
Between 2007 and 2008, market growth ________.
Between 2008 and 2009, the GDP _______.
In 2008, GDP nearly reached_______.
Answers
Answer:
increased
decreased
50,000
Explanation:
Answer:
increased
decreased
50,000
Explanation:
The United States enjoys a free market economy in which _____.
(A)most economic decisions are made by the central government
(B)the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines
(C)most economic decisions are allowed to occur naturally as a result of market changes made by government intervention
(D)none of the above
(E)all of the above
Answers
Marian received an extra principal payment on the loan her business made to another company. What activity does this exemplify?
Answers
Marian received an extra principal payment on the loan her business made to another company. What activity is what is called investing activity.
What is meant by investing activity?This is the term that has to do with all of the activities that a person would engage in that would be able to bring in an increase in cash.
This is an investment activity because we can see that she was the one that gave the loan, hence she would be receiving more money for the loan when it is paid back to her.
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who decides which executive should take charge when senior managers are lost? is that answer different in the short term than in the long term?
Answers
The decision-making process may vary depending on the company's specific structure and circumstances.
Typically, the board of directors would be responsible for deciding which executive should take charge when senior managers are lost. In the short term, this decision may be made quickly and may involve selecting an existing executive to temporarily fill the role. In the long term, however, the board may choose to conduct a more thorough search and selection process to find a permanent replacement for the lost senior manager. Ultimately, the decision-making process may vary depending on the company's specific structure and circumstances.
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Pablo runs a small car washing business in his neighborhood on the weekends. This
past weekend, Pablo earned $284. Prior to opening his car wash, he needed to stock
up on soap, sponges, and towels which cost him $46. He also had his son help him
with the car washing and paid him $25 for his help. What was Pablo's net income for
this past weekend?
Answers
$213
Gross is the total amount earned before expenses, net is the amount earned after expenses.
We must subtract the amount of money earned by the amount of money spent. 71-284=213
What can we infer from the fact that the correlation coefficient between Project George and Project Banya was close to 1.00
Answers
From the fact that the correlation coefficient between Project George and Project Banya was close to 1.00, we can infer that there exists a strong positive correlation between the two projects
Correlation coefficient is a statistical measure of the strength of the relationship between two variables. The correlation coefficient ranges from -1 to 1. If the correlation coefficient is close to -1, it implies a strong negative correlation between the two variables, while if it is close to 1, it indicates a strong positive correlation between the two variables.
A correlation coefficient close to zero means there is no correlation between the two variables. In the given question, since the correlation coefficient between Project George and Project Banya was close to 1.00, it means that there exists a strong positive correlation between the two projects.
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When you finish your budget, you should have:
A: money left over
B: more bills to pay
c: a zero balance
D: All of the choices
Answers
Answer:
Zero balance
Explanation:
Because you finished all your money.
adams operates his firm using his own equity of $32,500. bob operates his firm with $16,250 of his own money plus $16,250 of debt at a cost of 5 percent interest. both firms generate earnings before interest and taxes (ebit) of $6000. what is adam's cost of equity? (ignore taxes)
Answers
Adam's cost of equity is 18.46%, while Bob's cost of equity is 29.69%.
Adam's firm is entirely financed by equity, so his cost of equity is equal to the earnings before interest and taxes divided by his equity investment. Therefore, Adam's cost of equity is:
Cost of Equity = EBIT / Equity Investment
Cost of Equity = $6,000 / $32,500
Cost of Equity = 0.1846 or 18.46%
On the other hand, Bob's firm is financed partly by debt and partly by equity. Therefore, his cost of capital is a weighted average of the cost of equity and the cost of debt. Since the cost of debt is given as 5%, we can calculate Bob's cost of equity as follows:
Cost of Equity = (EBIT - Interest Expense) / Equity Investment
Interest Expense = Debt * Interest Rate = $16,250 * 5% = $812.50
Cost of Equity = ($6,000 - $812.50) / $16,250
Cost of Equity = 0.2969 or 29.69%
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An insured purchased a noncancellable health insurance policy 1 year ago. Which of the following circumstances would NOT be a reason for the insurance company to cancel the policy?The insured is in an accident and incurs a large claimThe insured does not pay the premium.The insured reaches the maximum age limit specified in the policy.Within two years of the application, the insurer discovers a misrepresentation.
Answers
The insured purchased a noncancellable health insurance policy one year ago. The circumstance that would NOT be a reason for the insurance company to cancel the policy is when the insured reaches the maximum age limit specified in the policy.
What is a noncancellable insurance policy?
A noncancellable insurance policy is a policy that cannot be canceled or changed by the insurance company as long as the policyholder maintains the policy and pays the premiums. Because the insurer assumes the financial risk for the life of the policy, a noncancellable policy is generally more expensive than a cancellable policy. Misrepresentations, non-payment of premiums, and policyholder's age limits can all be reasons for the insurer to cancel a policy.
However, with a noncancellable insurance policy, the policyholder has greater protection against cancellation of the policy than with other types of policies. As a result, a noncancellable policy is more expensive than a cancellable policy.
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