Answer:
The COQ is -$10,000
Explanation:
The COQ can be represented by the sum of two factors: Cost of Good Quality and Cost of Poor Quality.
The Cost of Good Quality (CoGQ) includes the prevention and appraisal cost and the Cost of Poor Quality (CoPQ) includes internal and external failures.
The formula of COQ is:
COQ = CoGQ + CoPQ
If
CoGQ= $10,000 + $ 50,000 = $ 60,000
and
CoPQ= -$30,000 - $ 40,000 = -$ 70,000
CoPQ values are negative because they are reductions of wate and returns of bad products
then:
COQ= $ 60,000 - $ 70,000
COQ= -$ 10,000
c. usury
b. barter
d. manufacturing
In a market economy, land, labor, as well as capital, are controlled by the ___________________.
a. individual
c. bank
b. government
d. church
The correct answer is unsought products. This is known asthe goods by which the consumers have no knowledge about or that these are theproducts that they doesn’t normally sink in their mind of choosing of buyingthan those that they normally buy and need.
Answer:
American opportunity tax credit is $ 2500 & lifetime learning credit is $2000
Explanation:
a student who qualifies for american opportunity credit can claim a credit of upto $ 2500 for adjusted qualified education expense paid for each student.
lifetime learning credit is for post secondary courses and for adults and also for continuing education courses. the credit is $ 2000 per year and not per student.
The Jones family can claim a total of $4,700 in American Opportunity and Lifetime Learning tax credits for their education expenses. This includes $2,500 for Sally's undergraduate expenses under American Opportunity Credit and $2,200 for Tommy's and Mom's expenses under the Lifetime Learning Credit.
The Jones family can claim tax credits for education under the American Opportunity Credit (AOC) and the Lifetime Learning Credit (LLC). However, these credits have different rules and limitations.
For Sally, as she is a sophomore (undergraduate), her education expenses are eligible for the American Opportunity Credit. This credit is worth up to $2,500 per eligible student, 100% of the first $2,000 of qualified education expenses and 25% of the next $2,000. Here, considering Sally's expense of $5,000, she would be eligible for the full credit of $2,500.
Tommy, being in grad school, is not eligible for the AOC, but he can claim the Lifetime Learning Credit (LLC). The LLC allows a credit of up to $2,000, which is calculated as 20% of the first $10,000 of qualified education expenses. In Tommy's case, this would equate to a credit of $1,400 (20% of $7,000).
The Mom, who goes back to school, is also eligible for the LLC, providing a credit of $800 (20% of $4,000).
Hence, the total credit the Jones family can claim would add up to $4,700 ($2,500 from AOC for Sally and $2,200 from LLC for Tommy and Mom combined).
#SPJ3
b. Price will remain constant.
c. Price will increase.
d. There is not enough information to answer this question.
Answer:
C. Price increases.
Explanation:
Supply for the good decreases while demand remains constant, and people would have to compete with each other more to obtain the good
The seller would naturally sell the good to the highest bidder/buyer so as to maximise his profit, thus as a good becomes scarcer, its price increases
Answer:
The average product of the 51st worker is 18.14.
Explanation:
The average product per worker is calculated by dividing total output with number of worker.s This problem asks us to tell average product per worker if output is 925 chairs and total number of workers are 51.
So
average product = Total chairs produce/number of workers
= 925/51
= 18,14 chairs