The Thomlin Company forecasts that total overhead for the current year will be $11,358,000 with 173,000 total machine hours. Year to date, the actual overhead is $7,548,000 and the actual machine hours are 90,000 hours. The predetermined overhead rate based on machine hours is: a. $84 per machine hour
b. $44 per machine hour
c. $126 per machine hour
d. $66 per machine hour

Which of the following is a problem for the production of public goods?

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold