Explanation:
A resource is anything that is useful and adds value to your life. The value of each of these resources depends on how useful it is and other factors. For example, silver and gold have economic value; that is, they can be exchanged for cash. The utility is a measure of the pride a person has in consuming a good.
What is the formula used for solving the unemployment rate in economics?.
Mitch has $100 to spend and wants to buy either a new amplifier for his guitar or a new mp3 player to listen to music while working out. Both the amplifier and the mp3 player cost $100, so he can only buy one. This illustrates the basic concept that
a. trade can make everyone better off.
b. people face trade-offs c. rational people think at the margin. d. people respond to incentives
The correct option in B.
This exemplifies the fundamental idea that humans must make trade-offs.
Every individual and organisation in the world is aware that resources are limited. Even the wealthiest individual or organisation has a limited supply of cash, time, and other resources. For instance, if we choose to work 12 hours a day, we would earn more money but have less time to engage in other enjoyable activities.
Mitch only has $100 and wants to purchase both items, but she can only do so. If she wants to buy the second product, she will need to get a job and make some money, or if she already has a job, she will need to find a job and earn some more.
For such more question on trade-offs.
https://brainly.com/question/13760478
#SPJ4
Morrison Company experienced a business event that had the following effect on its accounting equation. Assets = Liabilities + Common Stock + Retained Earnings NA (25,000) (25,000) NA Which of the events would have caused this effect? Multiple Choice Pald off debt issued common stock for cash. Incurred cash expense. Paid a cash dividund.
Morrison Company experienced a business event that had the following effect on its accounting equation. Assets = Liabilities + Common Stock + Retained Earnings NA (25,000) (25,000) NA Paid off debt have caused this effect
The percentage of a company's net income retained by management for internal use as opposed to being distributed to shareholders as dividends is known as retained earnings. Retained earnings, in a nutshell, are the entire amount of earnings that have not yet been distributed to shareholders. These funds are also kept in reserve so they can be used to reduce debt or reinvest in the business by buying fixed assets.
The beginning balance of RE is used to determine retained earnings (RE), which is then multiplied by net income (or loss), added, and any dividends paid subtracted.
Retained Earnings = RE Beginning Balance + Net Income (or loss) – Dividends
To know more about Retained Earnings:
https://brainly.com/question/14529006
#SPJ4
What are the benefits of comparing different brands?.
Brand comparison enables businesses to develop marketing strategies that are information and based on the what consumers want and anticipate from similar products.
A brand is a product, service, or concept that's also openly distinguished from other brands, services, or concepts in order to facilitate communication and marketing. Branding is the method of creating and promoting the brand name, as well as its characteristics and personality. Branding can refer to both the overall corporate identity and specific products, services, or concepts. David Ogilvy, the founder of the advertising agency Ogilvy & Mather, defined a brand as "the intangible total amount of a company's attributes: its name, wrapping, and price, its history, prestige, and the way it's publicised."
To learn more about brands refer here
brainly.com/question/12495783#
#SPJ4
a proof of the equality of debits and credits in a general ledger.
Correct reply is A trial balance is a proof of the equality of debits and credit in a established ledger.
To take a look at the arithmetical accuracy of books of account, path stability is prepared. Both the aspects of trial stability i.e. debit and credit score need to have the equal total. This equality proves that the books are arithmetical correct. Trial stability can be organized on a ordinary intervals.
Where do debits equal credits?For each and every transaction, a debit is recorded with a corresponding credit. Multiple money owed can be affected by way of a single transaction, however there need to be at least two bills concerned and debits will always equal credits.
Learn more about equality of debits and credits here:
https://brainly.com/question/14558253#SPJ4Because eels are highly endangered as a species, many governments enact laws prohibiting fishing along their migration route. Initially, eel fishers complain about this restriction on the locations they can fish, but after a while they notice that the number of eels swimming outside regulated areas Is much higher than it was before. With the laws in place, eel fishers end up catching a greater quantity of eels than they did prior to the enactment of the lows. Which of the following principles of economic interaction best describes this scenario? Markets allocate goods effectively. Markets usually lead to efficiency. There is a tradeoff between equality and efficiency. When markets do not achleve efficiency, government intervention can improve overall welfare.
When markets do not achieve efficiency, government intervention can improve overall welfare is the scenario that describes the principles of economic interaction .
Option D is correct.
What does it mean to engage in economic interactions?In an economy, the exchange of goods, services, and money is the form of economic interaction between economic agents. The reciprocal effect of one's actions, as well as the influence of actions by economic agents, are all examples of interaction.
What is the fundamental issue affecting economic interactions?Economizing is necessary because of scarcity. The fundamental issue for economic interactions versus individual projects is scarcity. There is no intention or control over traffic.
Economic interaction that have resulted in such an increase in "the wealth of nations" over the past few centuries?Still, the majority of development economists agree that the most important stages of economic development are connected to three distinct transitions: a structural shift in the economy, a shift in the population, and an urbanization process
Incomplete question :
Because eels are highly endangered as a species, many governments enact laws prohibiting fishing along their migration route. Initially, eel fishers complain about this restriction on the locations they can fish, but after a while they notice that the number of eels swimming outside regulated areas Is much higher than it was before. With the laws in place, eel fishers end up catching a greater quantity of eels than they did prior to the enactment of the lows. Which of the following principles of economic interaction best describes this scenario?
A. Markets allocate goods effectively.
B.Markets usually lead to efficiency.
C.There is a trade off between equality and efficiency.
D.When markets do not achieve efficiency, government intervention can improve overall welfare.
Learn more about economic interaction :
brainly.com/question/3522575
#SPJ4
Hunter i nine year younger than rachel. In ten year hunter will be two-fifth of rachel' age. How old i rachel right now math problem
Rachel is a 26-year-old flight instructor from Clermont, Florida, near Orlando.
“what is 2/5 of 10?”As a number is 4.
26-9= Hunter age
17 is hunter age
Rachel and Rod were married from 1990 until 2006. In her caption she said she had been apart from her kids. ’18 months it’s been. I know so many out there are still missing this moment reconnection with family,’ said Hunter.Rachel confessed in the After the Final Rose special that she had called it quits with her fiancé, Tino Franco. The pair got engaged in Mexico, but the relationship didn’t last. And I mean brief. It ended practically before their love tale was even shown on television. Rachel proposed to Tino on season 19 of The Bachelorette, which she co-hosted with Gabby Windey. However, the two separated up after he kissed another lady, and their breakup was shown in After the Final Rose.
To learn more about Rachel to refer:
https://brainly.com/question/14777700
#SPJ4
What are the 3 things to consider when opening a checking account?.
The 3 things to consider when opening a checking account are Insurance, Minimum deposit requirements and Fees.
Insurance:
It's important to be sure the bank or credit union where you open an account offers insurance from the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA).
Minimum deposit requirements:
Many checking accounts have minimum balance requirements that must be met in order to avoid fees. You could be charged a monthly maintenance fee of up to $15 if you don't maintain the required balance.
Fees:
Checking accounts require various fees to access your money, like the majority of financial products. Overdraft, non-sufficient (NSF), monthly service/maintenance, and ATM fees are a few examples of popular charges. Repeat fees are expensive because they can cost anywhere from a few dollars to $35 per instance.
For such more question on account:
brainly.com/question/29552709
#SPJ4
for each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. if it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. three sample answers are provided for illustration.
Variable costs are those impacted by the production of units. A fixed cost is one that stays the same regardless of quantity units are made. Selling expenses are those incurred when finished items are sold and stored.
Cost of administration
The cost is tied to office space and is an administrative expense that is unaffected by the number of units produced. Manufacturing costs are those incurred while turning raw materials into finished items, and they vary depending on the number of units produced.
The cost of manufacturing is either directly impacted by the number of units produced or indirectly impacted by the number of units produced.
For such more question on Cost
https://brainly.com/question/13140908
#SPJ4
What is roi as an investor why is it important to you? How will it affect your decision to buy hold or sell stock
Answer:
REWORD
ROI, or return on investment, is a metric used to measure the profitability of an investment. It is calculated by dividing the amount of money gained or lost on an investment by the amount of money invested. A positive ROI indicates that an investment has been profitable, while a negative ROI indicates that it has not.
ROI is important for investors because it allows them to assess the performance of their investments and make informed decisions about buying, holding, or selling stocks. A high ROI may indicate that an investment is performing well and should be held, while a low ROI may indicate that the investment should be sold. Additionally, ROI can be used to compare the performance of different investments and make decisions about where to allocate investment funds.
In summary, ROI is a key metric for investors to determine the profitability of an investment and help them make decisions to buy, hold, or sell a stock.
Answer:
ROI, or return on investment, is a measure of the profitability of an investment, typically expressed as a percentage of the initial investment. It is important to investors because it allows them to evaluate the performance of their investments and compare them to other potential investments. It can affect a decision to buy, hold, or sell stock by indicating whether an investment is likely to be profitable or not and whether there are better investment opportunities available.
the internet impacts businesses by providing more information about their.T/F
False , the internet impacts businesses by providing more information about their.
What effects does the Internet have on business?
Businesses may now access a larger market much more quickly and simply thanks to the internet. As a result, new businesses are now able to reach new heights of success more quickly.
This has made it possible for companies to serve customers who are located halfway around the world from one location.
What is the impact of the Internet?
The internet is an international network of interconnected networks that primarily offers wireless interactive communication. T
he public only had access to the internet in the 1990s, despite the fact that it was originally deployed in 1969.
Learn more about Internet
brainly.com/question/13308791
#SPJ4
Why is it important to compare two things?.
A comparative analysis can provide information that aids a company in making critical decisions when it wants to launch or expand a marketing campaign.
To help a firm make wise decisions for both its clients and itself, this analysis collects several data sets to compare various options. Comparing or contrasting things is done to highlight minor differences or unexpected commonalities rather than to declare the obvious. When a company wishes to evaluate a concept, issue, theory, or query, doing a comparative analysis enables it to comprehend the problem and provide solutions.
This kind of analysis may be used by a company to examine objects with clear distinctions or objects with both differences and similarities.
For more such questions refer to comparative analysis:
https://brainly.com/question/11948275
#SPJ4
You have secured an 8%, $500,000 bank loan to be paid off in seven equal end-of-year annual payments. What is the required loan payment?.
For a $500,000 bank loan with an 8% interest rate, there will be seven equal end-of-year annual payments. A $ 3333.3 per month loan payment is required.
The fee paid for the right to borrow money is called interest. In contrast to how the interest rate used to compute interest is normally expressed, which is as an annual percentage rate (APR), interest expense or revenue is frequently expressed as a dollar figure. Interest is the payment a lender or financial organization makes in exchange for extending credit. A stockholder's ownership stake in a corporation, which is typically expressed as a percentage, is another definition of interest.
Lenders may charge interest for the use of their money, or borrowers may charge interest for the use of those funds.
According to question,
Calculation of loan payment:
loan payment = rate x loan amount / time
= [tex]\frac{8*500000}{12*100}[/tex]
= $ 3333.3
Hence, a $ 3333.3 per month loan payment is required.
To know more about loan
brainly.com/question/1285885
#SPJ4
How do I monitor my checking account?.
6 Easy Steps to Check Your Bank Balance in checking account
Log In Online Mobile Apps and Text Messages Use an ATM Call the Bank Set Up Alerts Talk to a TellerFunctions & Benefits of a Checking AccountThe main benefit of demand deposits in the field of accounting is the ease of withdrawing finances at any time so that it does not interfere with financial transaction activities.
In addition, by using this account, you don't need to worry because you don't use large amounts of cash anymore.
Here are some of the benefits that you will get if you save the money you have in checking accounts:
Money in the account will be safer from crime. Convenience in making payments for buying and selling transactions by using checks and banknotes. Deposits in the form of demand deposits can be withdrawn at any time during working hours. The owner of this account no longer needs to carry large amounts of money, just bring checks and slips when you want to make a payment. With a checking account there are no transaction limits, as long as you have enough money to make transactions. The administrative process is carried out better because every month customers who have a checking account will get a checking account.Learn more about checking account at https://brainly.com/question/17014586.
#SPJ4
Keyanna is thinking of marketing consulting as a potential future career. Identify each task associated with consulting as either producing research or consuming research.1. collect and analyze data, and present the results to clients2. keep up to date on current product trends3. look at analyses conducted by other firms, and inform clients of the findings4.test different marketing strategies to identify the best one1. producing2. consuming3. consuming4. producing
Producing - Collecting and analyzing data, and presenting the results to clients is a task associated with producing research.
Consuming - Keeping up to date on current product trends is a task associated with consuming research. This is because it involves reviewing and analyzing existing research or data on product trends, rather than conducting new research.
Consuming - Looking at analyses conducted by other firms, and informing clients of the findings is a task associated with consuming research. This is because it involves reviewing and analyzing existing research or data, rather than conducting new research.
Producing - Testing different marketing strategies to identify the best one is a task associated with producing research. This is because it involves conducting new research by testing different marketing strategies and analyzing the results to determine the best approach.
For more questions like Research click the link below:
https://brainly.com/question/15125128
#SPJ4
If the Federal Reserve wants to reduce interest, what will they do to the money supply?.
A). Decrease the Money Supply
B). Increase the Money Supply
Choose one kind of indoor and one kind outdoor work environment, such as factory work and construction or office work and oil field work.
Access to comfortable and adequate seating, clean workspaces and functional desks can ensure indoor workplaces remain efficient.
Explain the term indoor workplaces.
Indoor workplace refers to any indoor location of employment or job-type service, whether part-time or full-time, paid or unpaid, performed for or at the direction of another individual or individuals, or any public or private institution. Any service rendered by an owner, employee, independent contractor, agent, partner, proprietor, manager, officer, director, apprentice, trainee, associate, servant, or volunteer must qualify as one of these services. An indoor workplace is any space between a floor and ceiling that is primarily or entirely enclosed by walls or windows, regardless of doors, doorways, open or closed windows, stairways, or the like. This includes work areas, employee lounges, restrooms, conference rooms, classrooms, employee cafeterias, hallways, and any other spaces used or visited by employees.
To learn more about indoor workplaces.
https://brainly.com/question/29340382
#SPJ1
a method for managing pollution in which a limit is placed on emissions and businesses or countries can by and sell emissions allowances
The policy's reaction establishes a cap-and-trade emissions standard that lowers outflows, In a cap-and-trade system.
It is a market tool wherein a government sets a "limit" or cut-off on the total amount of ozone-harming compounds that may be released. Producers of ozone-depleting substances would be required to pay for each considerable amount of carbon dioxide or carbon dioxide equivalent1 that they emit under such a strategy. For instance, those from power plants, by establishing a market and setting a limit on contamination. Limiting outflows and charging for them is the best environmental solution, both ecologically and financially. Cap-and-trade is a technique for achieving both. The policy's reaction establishes a cap-and-trade emissions standard that lowers outflows, The public authority establishes an outflows cap and distributes a number of emanation stipends in accordance with that cap under a cap-and-exchange structure.
Learn more about Cap-and-trade here:
https://brainly.com/question/29978668
#SPJ4
Individuals who are involuntarily working part‑time are considered?
Individuals who are involuntarily working part-time are considered as underemployment.
Underemployment is a total number of people in an economy who are unwillingly working in low skill and low paying jobs or only part time because they cannot get full time jobs that their skills. Underemployment is calculated by dividing the number of underemployed by the total number of workers. There are two types of underemployment and they are Visible underemployment and Invisible underemployment. Visible underemployment is that in which an individual works fewer hours than full time job in their chosen field. Invisible underemployment is situation in which an individual is not able to find a job in their chosen field.
Know more about underemployment refer to:
http://brainly.com/question/28162668
#SPJ4
Iabel open a aving account. She ave $5. 35 each chool day by taking her own lunch and riding a bike to college. Every Saturday, he earn $36. 25 working at her parent’ retaurant. She put all her aving and earning in her new bank account. How much money i in her account after 10 week? Aume he ha been working in chool 5 day each week and working every Saturday
Using mathematical operations we know that after 10 weeks there will be $630 in the bank account.
What are mathematical operations?A mathematical "operation" is the process of calculating a value utilizing operands and a math operator.
There are predefined rules associated with the math operator's symbol that must be applied to the supplied operands or numbers.
Fundamental mathematical operation symbols A mathematical expression is made up of a series of numbers and operations.
The following steps are used to answer mathematical expressions: parentheses, exponents, multiplication, division, addition, and subtraction.
All expressions should be shortened in the specified order.
So, money in the account after 10 weeks:
5.35 x 5 = 26.75
26.75+36.00+.25 = 63.00 each week
63.00 x 10 weeks = 630.00
Therefore, using mathematical operations we know that after 10 weeks there will be $630 in the bank account.
Know more about mathematical operations here:
https://brainly.com/question/20628271
#SPJ4
what is letter head paper
Answer:
A letterhead, by definition, is a heading on the topmost sheet of your business paper. It carries your company name, address, contact details, and logo. It is meant to be used for all the documents and letters you create and send in your business. Letterheads are important because of their wide range of uses.
Answer:
A letterhead, by definition, is a heading on the topmost sheet of your business paper. It carries your company name, address, contact details, and logo. It is meant to be used for all the documents and letters you create and send in your business. Letterheads are important because of their wide range of uses.
I Taking Assignment Right Now And Have a Day.
boulanger affected the growth of the restaurant and foodservice industry by ___
Boulanger affected the growth of the restaurant and foodservice industry by d)opening the first restaurant.
A restaurant is a place where food and drinks are prepared and served to clients. Meals are often served and consumed on-site, however many restaurants also provide take-out and food delivery services.
Restaurants vary significantly in look and offerings, with cuisines and service models ranging from low-cost fast-food meals and cafeterias to mid-priced family restaurants to high-priced luxury institutions.
With 10 million employees, the restaurant business in the United States is vast and rapidly rising.
One out of every twelve people in the United States works in the industry, and it grew despite the 2008 recession. Restaurants are notorious for paying low wages, which they claim are owing to 4-5% profit margins.
To know more about restaurants:
https://brainly.com/question/15158315
#SPJ4
Correct question:
Boulanger affected the growth of the restaurant and foodservice industry by...
organizing the kitchen.
developing pasteurization.
inventing cooking guilds.
opening the first restaurant.
What other issues resulted because of the stock market crash?.
Answer:
Equally relevant issues, such as overpriced shares, public panic, rising bank loans, an agriculture crisis, higher interest rates and a cynical press added to the disarray. Many investors and ordinary people lost their entire savings, while numerous banks and companies went bankrupt
Explanation:
mel, macy, and maggie work together to achieve a specific purpose, so they are part of an organization. true or false
Mel, Macy, and Maggie work together to achieve a specific objective, making them members of an organized state. This claim is untrue.
Working together for a certain goal does not always mean Mel, Macy, and Maggie are a part of an organization. A formal structure of people or groups cooperating to accomplish a shared purpose or set of goals is called an organization.
It often has a defined set of tasks and responsibilities, a clear structure of power, and a set of guidelines that govern how it should be run.
Without a clearly defined hierarchy of authority, duties, responsibilities, rules, processes, and policies to direct their work, Mel, Macy, and Maggie can collaborate informally. They could be a part of a team or an unofficial group working together to accomplish a certain goal.
For such more question on organization.
https://brainly.com/question/25922351
#SPJ4
What is communist command economic system?.
The communist command economy, also kno-wn as a planned econ-omy, requires that a nation's central govern-ment own and control the me-ans of production. Private owner-ship of land and capital is non-existent or severely limit-ed.
In a command economy, it is the govern-ment that decides what to pro-duce, how to produce go-ods and how to distribute goods and ser-vices within the eco-nomy. Today, the existing communist states in the wor-ld are in China, Cuba, Laos, and Vietnam. These commu-nist states often do not claim to have achie-ved socialism or communism in their count-ries but to be build-ing and working toward the establish-ment of social-ism in their countries.
To know more about command economy click below:
brainly.com/question/30281952
#SPJ4
What is the simplest change that can be made to the budget to produce more saving next month?.
Decrease food expenses is the simplest change that can be made to the budget to produce more saving next month.
Make a plan for how you will spend your money for the upcoming month at the beginning of the month. Write down your estimated earnings and spending.Record your spending in writing.Check to see if you spent exactly what you had planned at the end of the month.Use the data to assist you in creating your budget for the following month.The general rule of thumb is to allocate your monthly after-tax income into three categories for spending: needs (50%) wants (30%) and savings (20%). You can put your money to work more effectively by consistently maintaining a balance between these key areas of spending.To know more about budget here
https://brainly.com/question/6663636
#SPJ4
What are the three main employment sectors?.
Three main employment sectors are: government sector, agriculture sector, and health care sector.
A job or employment sector is a broad category of jobs and industries that are linked by what they perform.
Example of employment sectors are:
Government sector: This sector is an important aspect of a country's economy since it supports it through key policies. This sector makes all high-level decisions and implements policies, but it also enforces all laws necessary to ensure that everyone of the country's residents can benefit from what the country has to offer.Agriculture sector: includes grain industry, potato farming, etc.Health care sector: It is one of the most essential in the country, employing a large number of people. The industry is critical to ensuring that individuals have access to cheap health care services as well as prompt treatment when needed.There are other employment sectors such as: information and technology, education sector, construction, mining, etc.
Learn more about employment sector here:
https://brainly.com/question/27391845
#SPJ4
Help anybody I’m trying to solve this
Depending on what you purchased, you might be required to pay an import duty, a sort of tax imposed by the federal government on specific imported goods.
Why does the US have a 25 year import rule?Known as the "25-year import regulation," the Imported Vehicle Safety Compliance Act. It makes it impossible for people to bring in brand-new vehicles from other markets without going through an extensive and pricey testing and federalization process. The IVSCA, according to supporters of the Act, keeps American drivers safe.
It costs $36,000 on average to produce one unit. Furthermore, the Tesla Model 3 RWD, the cheapest electric vehicle produced by a US carmaker, costs $44,990. The starting prices for the Tesla Model S and Model X are respectively $95,000 and $105,000, and the Tesla Model Y is available for $60,000. An evaluation of vehicle damage results in a report that compiles the main conclusions. Drivers and fleet managers consult damage reports while submitting insurance claims. The middle market sector of the economy includes auto manufacturers.
To learn more about import refer to :
https://brainly.com/question/17098728
#SPJ1
What are some criteria you can use when comparison shopping?.
Here are five things to consider when comparison shopping so that you never need to wonder if you are getting the best deal.
Quality. Craftsmanship. Quantity. Performance. Longevity.Description of Online Comparison ShoppingRather than going from store to store, potential buyers use online comparison shopping for the price of single or multiple items. Comparison shopping online is easier than driving to the store or calling individual retailers, more efficient and also results in savings, such as gas money.
In addition to displaying the best prices, online shopping comparison websites often provide clearance or seasonal sale items and deals of the day.
When doing online price comparisons, consumers should keep in mind the following:
Read carefully all terms and conditions, return policies and details about hidden or additional charges. Only provide personal financial information to encrypted websites, marked with HTTPS in the browser's URL field, versus HTTP, indicating that a site is not encrypted. Use common sense when doing comparisons online. For example, consider an offer for a certain type of product that sounds too good to be true. Always stay informed about current scams and scams to prevent unwanted shopping incidents. Before purchasing any product, confirm the authenticity of the item and the retailer through thorough online research, including reviews and feedbackLearn more about comparison shopping at https://brainly.com/question/30105009.
#SPJ4
Tony wants to save $10,000 in 6 years. Assuming a 4% interest rate, what is the minimum he must save each month to reach his goal?.
the minimum he must save each month to reach his goal is $123 when interest rate is 4%.
Which interest rate is it?a percentage of the loan amount that a borrower must pay to a lender as a fee for borrowing money over a set period of time. An interest rate is the amount of interest that must be paid each period as a percentage of a loan, deposit, or borrowing (called the principal sum).
example:
We have been given that Tony wants to save $10000 in 6 years.
That means future value S = $10000
Time t= 6 years
Interest rate = 4% yearly = 0.04 yearly
n=12 months per year
Now we have to find monthly payment to recieve $10000 in 6 years.
minimum he must save each month to reach his goalwhich is approx $123.
Hence final answer is $123.
To know more about interest rate visit:
https://brainly.com/question/13324776
#SPJ4