Answer:
B. A stationary state in which growth will cease.
Explanation:
Malthus Thomas was a British economist that argued against the utopianism that the human race was believed to be tilting towards in his time. He argued that the every increasing human population that was seen as the happiness of a country will bring the economy to a shut down. He argued that available farmlands which is fixed will not be able to meet up with the ever increasing human population, stating that human population increases geometrically while food production from the fixed amount of farmlands increases arithmetically thus producing a stationary state in which growth will cease.
He was opined that at the end, human population will reach a point where they will not be able to produce enough food for themselves. However, his ideology has been criticized and disproved by other economists citing technology advancement and migration.
Answer:
Total variable cost= $71,940.54
Explanation:
Giving the following information:
The total variable cost of goods sold this month is $72,490.
Variable selling and administrative cost is $22 per unit sold.
350 units are produced and 314 units are sold this month.
<u>First, we need to calculate the unitary variable cost per unit:</u>
Unitary production cost= 72,490/350= $207.11
<u>Now, we can calculate the total variable cost:</u>
Total variable cost= (207.11 + 22)*314= $71,940.54
Answer:
Hugh's statement is an attempt to reduce his frustration about buying the product at a more expensive price.
Explanation:
Human beings always try to find a reason to justify their actions, even if that particular action was a bad one.
Hugh bought a calculator for $125 from one store and the next week, he saw the same calculator being advertised for a significantly lower amount. He felt cheated and he immediately blamed himself for being cheated when there was a better deal out there. As a way to make himself feel better about the ordeal, he tells himself that the product quality from the second store is always known to be of an inferior quality.
This is a defence mechanism to cover or try to hide our frustrations and anger at things not going our way so we invent something that will make us immediately feel better about ourselves and our decision.
Answer:
5.6%
Explanation:
A lot of information is missing, so I looked for similar questions to fill in the blanks:
"Outstanding debt of Home Depot trades with a yield to maturity of 8%.
The tax rate of Home Depot is 30%.
What is the effective cost of debt of Home Depot?"
the effective cost of debt or after tax cost of debt = debt's yield to maturity x (1 - tax rate) = 8% x (1 - 30%) = 8% x 0.7 = 5.6%
Interest is tax deductible, therefore, it creates a tax shield that lowers net interest expense.
Answer:
The barograph record is admissible as long as it had been properly authenticated. Before an article or any secondary evidence of its content could also be received conspicuous, the writing must be authenticated by proof showing that the writing is what the proponent says it's. generally, writing could also be authenticated by any evidence that serves to determine its authenticity. One means of authentication under Federal Rule 901(b) is by evidence describing a process or system wont to produce a result and showing that the method or system produces an accurate result. Hence, for the man's barograph record to be admissible, the evidence must are offered that the instrument is accurate which it had been in good working order when the record was produced.
