Business, 06.08.2019 19:10 mairealexander87

Through october 2014, the u. s. government administered two programs that affected the market for cigarettes. media campaigns and labeling requirements, which are still in place, aim at making the public aware of the health dangers of cigarettes, and until 2014 the department of agriculture also maintained price supports for tobacco. under this program, the supported price was above the market equilibrium price and the government limited the amount of land that could be devoted to tobacco production. were these two programs at odds with the goal of reducing cigarette consumption? 1.) using the line drawing tool, draw the effective price support in the market for cigarettes before the media campaigns and labeling requirements produced an effect. label this 'support'. 2.) using the line drawing tool, illustrate the effect of the media campaigns and labeling requirements on the market for cigarettes. properly label this line.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 17:10

Which term refers to the amount of products generated divided by the inputs necessary to create that output? a. performance b. industry ranking c. productivity d. organizational performance e. organizational effectiveness

Answers: 1

Answer

Business, 22.06.2019 02:50

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Answers: 3

Answer

Business, 22.06.2019 05:50

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Answers: 2

Answer

Business, 22.06.2019 06:30

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Answers: 1

Answer

You know the right answer?

Through october 2014, the u. s. government administered two programs that affected the market for ci...

Questions