Answer:
c. the well-being of sellers.
Explanation:
A surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.
Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.
On the other hand, consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.
Hence, an export subsidy will increase producer surplus.
In conclusion, producer surplus directly measures the well-being of sellers.
I recently had this assignment and here are a couple of was to do this:
1st way (which is correct according to my grading):
= # of Nights*Hotel rate*(1+hotel tax rate)
2nd way (I got counted wrong for this one on my assignment):
=(hotel rate+(hotel rate*hotel tax rate))*Number of nights
Answer:
C. Bonus Depreciation only covers new equipment.
Explanation:
Bonus depreciation is the depreciation provided on additional capital investment. This is depreciation for tax base calculation, where any purchase of eligible asset is depreciated extra that means the purchase price is allowed as standard deduction in first year of it's purchase.
There is no such primary condition that the asset shall be new equipment only.
Therefore, incorrect statement is C
Answer:
Acitivy B should be crashed first by 2 days and Activity B has a crash cost per days of $25, it will be crashed for a total of $50.
Explanation:
activity A =
normal time (NT) = 5 days
Normal cost (NC) = $0
crash time (CT) = 3 days
Crash cost (CC) = $500
crash cost per day = [CC - NC]/[CT - NT] = $250/day
activity B:
normal time (NT) = 6 days
Normal cost (NC) = $0
crash time (CT) = 4 days
Crash cost (CC) = $50
crash cost per day = [CC - NC]/[CT - NT] = $25/day
activity C:
normal time (NT) = 8 days
Normal cost (NC) = $0
crash time (CT) = 3 days
Crash cost (CC) = $1000
crash cost per day = [CC - NC]/[ CT- NT] = $200/day
The activity that takes the least cost to speed up is the first one to be crashed. from the computations, activity B takes the least cost to speed up, so the project manager should crash activity B first by 2 days.
Therefore, Acitivy B should be crashed first by 2 days and Activity B has a crash cost per days of $25, it will be crashed for a total of $50.
Increasing the effectiveness of internal controls would have the greatest effect on r<span>educing the control risk.</span>
The risk control includes evaluation of potential losses and actions to reduce or eliminate risks. The potential risk factors in a firm's operations are identified (technical and non-technical aspects of the business, financial policies, and other policies).
