Answers
It should be that No adjustment is desired.
When the AD and AS curves intersect at the economy's potential real output, the economy is at macro equilibrium and no changes in AD or AS are desirable.
Related Questions
22. Which of the following is correct?
a. If the central bank purchases bonds in the open market, then the money supply
shifts right and there is more currency in circulation.
b. If the central bank sells bonds in the open market, then money supply shifts right
and there is less currency in circulation.
c.
If the central bank purchases bonds, then the money supply shifts right and there
is less currency in circulation.
d.
If the central bank purchases bonds, then the money supply shifts right and there
is no change in currency circulation.
Answers
. If the central bank purchases bonds in the open market, then the money supply shifts right and there is more currency in circulation.
Any open-market operation is when the central banking authority buys and sells government securities, occasionally also commercial paper, with the goal of continuously controlling the money supply and credit conditions.
In some cases, the central bank's lending policies collide with the goal of using open-market operations to stabilize the price of government assets.
When a central bank buys securities on the open market, three things happen:
(1) commercial banks' reserves rise, allowing them to increase loans and investments;
(2) the price of government securities rises, causing interest rates on those securities to fall; and
(3) interest rates fall generally, encouraging business investment.
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11. (-/1 Points] DETAILS BRECMBC9 5.11.010.
MY NOTES
Set up and solve an equation for the following business situation.
Pitt's Pit Stop sold $16,003.50 worth of gasoline yesterday. Regular sold for $3.30 a gallon and premium sold for $3.45 a gallon. If the station sold 370 more gallons of regular than premium, answer the
following questions.
(a) How many gallons of each type of gasoline were sold?
regular
gal
premium
gal
(b) If the profit on regular gas is $0.15 per gallon and on premium is $0.18 per gallon, what was the station's total profit (in dollars)?
$
Answers
Answer:
2190 ; 2560 ;
$778.2
Explanation:
Total worth of gasoline sold = 16003.50
Cost of regular = 3.30
Cost of premium = 3.45
Let :
premium Gallon sold = x
Regular gallon sold = 370 + x
Hence, mathematically;
(3.45*x) + (3.30 * (x + 370)) = 16003.50
3.45x + 3.30x + 1221 = 16003.50
6.75x = 16003.50 - 1221
6.75x = 14782.5
x = 14782.5 / 6.75
x = 2190
Premium Gallon sold = 2190 gallons
Regular gallon sold = 2190 + 370 = 2560 gallons
Profit per regular gallon sold = $0.15
Progit per premium Gallon sold = $0.18
Total profit = (2190 * 0.18) + (2560 * 0.15) = $778.2
Parkway Void Co. issued 16-year bonds two years ago at a coupon rate of 8.5 percent. The bonds make semiannual payments. If these bonds currently sell for 109 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers
Answer:
The annual YTM will be = 0.07518796992 or 7.518796992% rounded off to 7.52%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the coupon payment
F is the Face value of the bond
P is the current value of the bond
n is the number of years to maturity
Lets assume the par value is 1000.
Current value = 1000 * 109% = 1090
Coupon payment = 1000 * 0.085 * 6/12 = 42.5
Number of periods remaining till maturity = 14 * 2 = 28
semi annual YTM = [ (42.5 + (1000 - 1090 / 28)) / (1000 + 1090 / 2)
semi annual YTM = 0.03759398496 or 3.759398496% rounded off to 3.76%
The annual YTM will be = 0.03759398496 * 2 = 0.07518796992 or 7.518796992% rounded off to 7.52%
Georgeanna died, but her life insurance company refuses to pay the life insurance claim. They say the policy is invalid now. Why is this MOST likely to be the case?
A.
Georgeanna never created a living will.
B.
Georgeanna never designated power of attorney to anyone.
C.
Georgeanna committed su!c!de.
D.
Georgeanna died in her own home and not in a hospital.
Answers
C
Explanation:
Insurance policies may include a su*c*de clause which excludes death as a result of su*c*de. It depends on the state as well, because state laws on life insurance change from state to state. They will also deny if the person lied on their application or died during illegal activity.
Match the terms with their correct definition:
______ Income
______ Land, labor, capital, entrepreneurship
______ Expenditures
______ Rent, wages, interest, profit
______ Revenue
Answers
Answer:
hope to help Please just read
Angela has an annual contract with Stenbach Service Centre to provide property maintenance services; this includes lawn care, snow removal and parking lot maintenance. Angela spends, on average, 20 hours per week working at the company’s premises and is paid a flat amount monthly. She hires part-time workers, when necessary, to assist her. Angela does not have any other clients.
Angela uses her own small tools; however the company supplies and maintains a riding lawn mower and a snow plow for her use. Her contact at the company is Chris Moore, the Facilities Manager, who meets with her every Monday to discuss the work to be done that week. Chris approves Angela’s monthly invoices and submits them to Accounts Payable.
Does Angela have a contract of service or a contract for service with Stenbach Service Centre As the company’s Payroll Supervisor, explain to Chris the process and factors you used to make your decision.
Answers
Answer:
Angela and Stenbach Service Centre
Contract for Service and Contract of Service:
1. Angela has a contract for service.
2. Factors used to decide whether a contract is for service or of service:
a) Employment terms are slightly different from business contract terms.
b) Employees are paid Wages and Salaries, while contractors are paid fees.
c) Employees do not submit monthly invoices for payment, but contractors do.
d) Angela fills tax forms for herself and remits the taxes, so she is self-accounting with respect to her income taxes, unless withholding taxes like Sales taxes. An employee's income tax is deducted from her salary before payment and the company remits the taxes to the IRS.
Explanation:
The agreement between Angela, a self-employed individual, and Stenbach Service Centre is a contract for service. A contract of service is an employment contract between Stenbach Service Centre, the employer, and the Payables Supervisor, an employee, for example. Essentially, Angela can be described as an outsourcer for services vendor or service provider to Stenbach Service Centre, an outsourcer of service company. Angela is engaged for a fee to carry out property maintenance services, including lawn care, snow removal, and parking lot maintenance. She is an independent contractor with Stenbach. She does not need to work on any day and she can subcontract her work by hiring others to help her discharge the service. An employee, like Chris, cannot hire another person to discharge his responsibilities and must work on designed days.
Another important difference is that Angela submits monthly invoices for actual work done. An employee does not have to submit an invoice in order to be paid for work done. Angela's invoices will not be of the same amount from one month to the other, unlike Chris' whose salary pay sheet may be static in amount from month to month.
The Centers for Disease Control and Prevention (CDC) defines a healthy sleep duration
to be at least seven hours per day. The CDC reports that the percentage of people who
report a healthy sleep duration varies by marital status. The CDC also reports that in
2018, 67% of those who are married report a healthy sleep duration; 62% of those who
have never been married report a healthy sleep duration; and 56% of those who are
divorced, widowed, or separated report a healthy sleep duration. The file Sleep Habits
contains sample data on the sleeping habits of people who have never been married
that are consistent with the CDC's findings. Use these data to answer the following
questions. Click on the datafile logo to reference the data,
DATA file
a. Develop a point estimate and a 95% confidence interval for the proportion of those
who have never been married who report a healthy sleep duration,
Point estimate
(to 4 decimals)
to
Confidence interval
(to 4 decimals)
4
b. Develop a point estimate and a 95% confidence interval for the mean number of
hours of sleep for those who have never been married.
(to 4 decimals)
Point estimate
to
Confidence interval
(to 4 decimals)
c. For those who have never been married, estimate the number of hours of sleep per
day for those who report a healthy sleep duration (to 4 decimals).
Answers
a. The point estimate of the married people that sleep well is = 0.6299. The confidence interval for the mean hours of sleep for those that have never been married but report good sleep is 0.6186, 0.6412
b. The point estimate of the number of hours for people that have never been married = 7.2257
95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447
c. the estimated number of sleep for those that have never been married = 7.729 hours
a. The point estimate
\(P=\frac{Xp}{n}\)
\(Xp = successes\\n = sample size\\\)
Those who have never been married n = 7044
Xp = those who sleep for 7 hours at least
To get Xp, the excel function
Countif(range, criteria)
Countif(A:A, >=7)
This gives Xp = 4437
Point estimate =
\(\frac{4477}{7044}\)
= 0.6299
The point estimate of the married people that sleep well is = 0.6299
At 95% interval of confidence,
α = 1-0.95 = 0.05
α/2 = 0.05/2 = 0.025
Z0.025 = 1.96 ( Use the standard probability normal table)
Margin of Error
=\(M.E = 1.96\sqrt \frac{0.6299(1-0.6299)}{7044} \\\\= 1.96\sqrt{0.000033} \\\\1.96*0.0057\)
= 0.0113
The 95% confidence interval
= 0.6299 - 0.0113 , 0.6299 + 0.0113
= 0.6186, 0.6412
The confidence interval for the mean hours of sleep for those that have never been married is 0.6186, 0.6412
b. Sample mean
x = ∑x/n
x = number of sleep of the never been married
Mean is calculated using excel function
Average(range)
Average(a:a)
This gives the sample mean = 7.2257
The point estimate of the number of hours for people that have never been married = 7.2257
Standard deviation using excel =
Stdev(A:A) = 0.8211
\(Margin of error =1.96*\frac{0.8211}{\sqrt{7044} }\)
= 0.0192
The confidence interval =
= 7.2257-0.0192, 7.2257+0.0192
= 7.2065, 7.2447
95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447
c. From the available data, the mean number of sleep per day that is gotten from the 4437 people that are unmarried and sleep healthily for at least 7 hours = 34295.1
Mean = 34295.1/4437
= 7.729
the estimated number of sleep for those that have never been married = 7.729 hours
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Jordan Sports Inc. has labor costs and overhead totaling $2.2 million during a given period. The company purchased $10.3 million of materials during the period and used $9.7 million of this amount. What is the amount of total manufacturing cost for the period?
Answers
If the company has labor costs and overhead totaling $2.2 million during a given period. The company purchased $10.3 million of materials during the period and used $9.7 million of this amount. The amount of total manufacturing cost for the period is: $11.9 million
How to determine the total manufacturing cost?Using this formula to find the total manufacturing cost for the period
Total manufacturing cost = Labor cost and overhead cost + Material used
Where:
Labor cost and overhead cost = $2.2 million
Material used = $9.7 million
Let plug in the formula
Total manufacturing cost = $2.2 million + $9.7 million
Total manufacturing cost = $11.9 million
Therefore we can conclude that the total manufacturing cost is the amount of $11.9 million.
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importance of learning foreign language
Answers
Answer:
The study of a foreign tongue improves the knowledge of one's own language: English vocabulary skills increase. Foreign languages expand one's world view and limit the barriers between people: barriers cause distrust and fear. Foreign language study leads to an appreciation of cultural diversity.
Explanation:
Answer:
if your asking why it is important its becuz it will open more opportunities
Describe how sales and consumer-related legislation and regulations affect the delivery of customer service
Answers
Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.
There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.
Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.
Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.
Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.
Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.
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Bramble Corp. uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019 totaled $23000 of materials, $15000 of direct labor costs, and $14000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning work in process totaled $20000, and the ending balance is $14000. During the year, the company completed 25 machines. How much is the cost per machine?
Answers
Answer:
the cost per machine is $2,320.
Explanation:
Prepare a Manufacturing Schedule to determine the Cost of Goods Manufactured.
Manufacturing Schedule
Direct Materials $23,000
Direct labor costs $15,000
Manufacturing overhead applied $14,000
Add Beginning work in process $20,000
Less Closing work in process ($14,000)
Total Cost of Machines Manufactured $58,000
Therefore,
Cost per machine = Total Cost / Number of Machines completed
= $58,000 / 25 machines
= $2,320
Which of the following tips can help you engage the audience as you speak?
A. Budgeting time
B. Using notecards
C. Speaking quietly
D. Eye contact
Answers
Answer:
D. Eye Contact
Explanation:
The answer D. Eye contact because that is an essential thing to help you engage with your audience when you are doing a speech.
Answer:
D. eye contact
Explanation:
on edge
It took MegaTech, Inc., 100,000 labor-hours to produce the first of several oil-drilling rigs for Antarctic exploration. Your company, Natural Resources, Inc., has agreed to purchase the fifth (steady-state) oil-drilling rig from MegaTech’s manufacturing yard. Assume that MegaTech experiences a learning rate of 80%. At a labor rate of $35 per hour, what should you, as the purchasing agent, expect to pay for the fifth unit?
Answers
Mega Tech experiences a learning rate of 80%. At a labor rate of $35 per hour, I should as the purchasing agent, expect to pay for the fifth unit is $2,086,000.
A purchasing agent is a manager who aids in the choice and acquisition of goods and services. This is accomplished through compiling information about suppliers, costs, and goods, as well as screening it. Additionally, the agent has the authority to issue purchasing contracts, request vendor bids, and more.
Considering that Company MT learns at a rate of 80%
Work hours equal 100,000 hours.
$35 per hour labor rate
Observation: The fourth unit learning curve coefficient is listed in the learning curve table as 0.596.
According to the formula, the fifth unit is made up of:
Tn = T1C
T5 = 100.000 x 0.596
= 59,600 hours
Multiplying the hours by the hourly rate yields the cost:
T = 59.600 X ($35/hour) = 2,086.000
Consequently, as a purchasing agent, it is reasonable to anticipate paying $2,086,000 for the fifth unit.
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2 words that ryme on the same line is called?
Answers
Answer:A couplet usually consists of two successive lines that rhyme and have the same metre. A couplet may be formal (closed) or run-on (open). In a formal (or closed) couplet, each of the two lines is end-stopped, implying that there is a grammatical pause at the end of a line of verse.
Explanation:Hoped this helped u kind sir or ma'am and have an great day! And also may i plz have brainlist?
critcism of modern management theory
Answers
Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.
Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.For more such questions on Modern management theory:
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The physical goods (that can be touched) that can be bought and sold?
Answers
Answer:
Iron and copper
Explanation:
In terms of revenue, iron ore and copper are the most profitable segments of many of the world's leading diversified mining companies
The CEO is interested in learning more about probability and how it works. The CEO is also asking about how probability and analytics can be integrated into the business model. In the process of looking for information on probability, you find that it is important to understand optimization and forecasting and how they can be applied to benefit the business. Do some research and present the results for the CEO. The following is the necessary information to complete this lab assignment. Deliverables Step 2: Probability Research • Considering the CEO's request, you determine that some research needs to take place. • Define the following terms for the CEO and locate some chart examples of each type of analysis. o Probability o Optimization o Forecasting Step 3: Integrating Data Research for Business • In one to two paragraphs, discuss what role probability and statistics play in business decisions. • In one to two paragraphs, discuss any ethical considerations when doing probability. • Summarize by explaining why probability is a good method for the CEO to consider.
Answers
Step 2: Probability Research Probability, Optimization, Forecasting.
Step 3: Integrating Data Research for Business.
Probability:
Probability is a branch of mathematics that deals with the likelihood of events occurring. It is a measure of uncertainty and is expressed as a number between 0 and 1, where 0 represents impossibility and 1 represents certainty.
Optimization:
Optimization involves finding the best possible solution from a set of alternatives. It aims to maximize desired outcomes or minimize undesirable ones, considering constraints and objectives.
Forecasting:
Forecasting is the process of predicting future events or outcomes based on historical data and statistical models. It helps businesses anticipate demand patterns, market trends, and other factors that can influence decision-making.
Step 3: Integrating Data Research for Business
Probability and statistics play a crucial role in business decisions. They provide a framework for analyzing and interpreting data, assessing risks, making predictions, and supporting evidence-based decision-making.
When working with probability, ethical considerations are important. It is essential to ensure that data used in probability analysis is collected ethically, respects privacy and confidentiality, and adheres to relevant legal and regulatory requirements.
Probability is a valuable method for the CEO to consider because it provides a systematic and quantitative approach to analyzing uncertainty and making informed decisions.
By integrating probability into the business model, the CEO can better understand risks, optimize resource allocation, improve forecasting accuracy, and ultimately enhance strategic decision-making and business performance.
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Some analysts that a business should focus on making a profit and leave social and environmental problems to nonprofit organizations and government.
Ture
False
Answers
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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Paula weeded 40% of her garden in 8 minutes. How many minutes will it take to weed all of her garden at this rate ?
Answers
Answer:
3.2
Explanation:
when we get the 8 minutes and multiply
the rate which is 40% we get 3.2. 8*40/100=3.2 minutes.
*Will mark for Brainliest if given the correct answer!*
What is the correct ICD-10-CM code for Obstructive hydrocephalus ?
Answers
Answer:
G91.1
Explanation:
It is a billable code.Simply it's too specific as there are unique ICD codes.It can be used for reimbursement process at any cause.The table below shows Lanark's production possibilities.
A B C D E F
Wheat 0 180 315 405 450 468
Cars 190 181 163 127 73 0
a. If Lanark is producing 145 cars, it can produce approximately
wheat.
b. If Lanark is currently producing combination C, the cost of 90 more wheat is
(Click to select)
.
c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is
(Click to select)
. If necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 0.10.
Answers
If Lanark is currently generating 145 buses, it can generate about 180 units of wheat. .
b. The cost of 90 further wheat is 90.
c. The approximate per unit cost of an fresh auto is 54.
To determine the approximate quantum of wheat Lanark can produce if it's presently producing 145 buses , we need to find the matching value in the" Wheat" column. Grounded on the given table, we can see that the values in the" buses" column drop from left to right. thus, we need to find the combination where the number of buses is closest to 145, which is combination B. In combination B, Lanark can produce roughly 180 units of wheat.
We can find the cost of 90 further wheat by comparing the wheat values between combinations C and D, If Lanark is presently producing combination C. The wheat value in combination C is 315, and the wheat value in combination D is 405.
The difference between these two values represents the fresh wheat produced when moving from combination C to combination D. In this case, the difference is 405- 315 = 90. thus, the cost of 90 further wheat is the difference between the wheat values in combination C and D, which is 90.
we can determine the approximate per unit cost of an fresh auto by comparing the auto values between combinations D and E, If Lanark is presently producing combination D. The auto value in combination D is 127, and the auto value in combination E is 73.
The difference between these two values represents the drop in auto product when moving from combination D to combination E. In this case, the difference is 127- 73 = 54.
thus, the approximate per unit cost of an fresh auto is the difference between the auto values in combination D and E, divided by the drop in auto product, which is 54/ 1 = 54.
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Limited partnership investors are subject to which of the following risks?I Tax audit riskII Marketability riskIII Legislative riskIV Management risk
Answers
Answer:
I Tax audit risk
II Marketability risk
III Legislative risk
Explanation:
Limited partnership investors is a form of partnership that have one limited partner, it should be noted that there are many risk involved been a Limited partnership investors such as Tax audit risk, Marketability risk and Legislative risk
If the order is accepted, by how much will monthly profits increase or decrease? (The order would not change the company’s total fixed costs.) Show and label all computations using words and numbers to explain the steps please (final answer should be incremental profits)
Answers
If the Superior Company accepts the special order, monthly profits will increase by $2,500.
By how much will monthly profits increase or decrease if order is accepted?To determine the impact on monthly profits, we need to calculate the contribution margin per unit on the special order.
Contribution margin per unit = Selling price per unit - Variable costs per unit
= $15 - ($2.50 + $3.00 + $0.50 + $1.50)
= $7.50
The contribution margin ratio is 50% ($7.50 / $15).
The fixed costs are $4.25 + $2.00 = $6.25 per unit.
If the company accepts the special order, it will produce and sell an additional 2,000 units.
Total contribution margin from the special order:
= 2,000 units x $7.50 per unit
= $15,000
Since the order would not affect regular sales, the company's total fixed costs will remain the same. Therefore, the increase in monthly profits would be:
Increase in monthly profits = Total contribution margin from the special order - Incremental fixed costs
= $15,000 - ($6.25 x 2,000)
= $2,500.
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describe the goal of organization
Answers
Answer:
They provide day-to-day operational tasks needed to run a business and that help drive scalability and business growth.
Explanation:
Hope this helps, even though I'm a little slow
Interview can be defined as an attempt to
a.
make two persons communicate
b.
test the suitability of the candidate for the job under consideration
c.
develop relationship between two persons
d.
secure minimum information from the candidate
Answers
Answer:
B
Explanation:
Which is an example of an automated process?
Answers
Answer:
Third response
Explanation: It looks like the only right answer
When the Federal Reserve announces that it is increasing the federal funds rate, we would expect to see banks do which of the following?
A. Increase the amount of loans they make since interest rates are higher
B. Reduce their loans because they have fewer reserves due to the Fed's open market sales
C. Reduce interest rates for depositors.
D. Complain about the situation
Answers
Answer:
C.
Explanation:
I think Reduce interest rates for depositors.
Write about why it is important for world leaders to make just decisions for their people and to treat neighboring countries with respect.
Answers
Answer: Approaches to authority and decision making are not the only ways in which cultures differ, but they are arguably the most important in the leadership context. ... (For a more general treatment of cultural differences, take a look at my May 2014 ... with companies in those countries, you might have noticed that a lot of people ...
Explanation:
How is an excise tax different from a sales tax?
A). An excise tax is not deductible.
B). An excise tax applies to specific products.
C). An excise tax applies only to imported goods.
D). An excise tax is an indirect tax.
Answers
The answer is B.
An excise tax applies to specific products.
Hopes this helps :)
The difference between excise tax and sales tax is that an excise tax applies to specific products.
So, option B). is correct.
Excise tax and sales taxSales tax is applied to practically everything you buy, whereas excise tax is only applied to certain goods and services. Excise duty is charged on the manufacture of goods, whereas sales tax is levied on the selling of commodities.
One distinction between sales and excise taxes is that sales taxes are computed as a percentage of the purchase price, whereas excise taxes are assessed per unit. The difference between excise tax and sales tax is that an excise tax applies to specific products.
So, option B). is correct.
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