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DIA [1.3K]
2 years ago
10

Use what you have learned about wants and needs to complete these statements. frankie already has a pair of basketball shoes tha

t he can wear for the tryout, which makes the new pair a . if frankie did not have a pair of basketball shoes for the tryout, the new shoes would be considered a .
Business
1 answer:
Anettt [7]2 years ago
4 0

Need is essential for survival, while wants are a person's desires. The 1st statement explains want and the 2nd need.

<h3>What do you understand by the term need and want?</h3>

A need is something that is required for survival (for example, food and shelter), whereas a want is something that a person would like to have.

  • Frankie already has a pair of basketball shoes that he can use for the tryout, so the new pair is a <u>Want</u><u>.</u>
  • The new shoes would be considered a <u>Need</u> if Frankie did not have a pair of basketball shoes for the tryout.

Therefore, the above statement explains the want and the need.

Learn more about the want and need here:

brainly.com/question/13923283

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Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4
devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

Total cost= 45

Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

6 0
3 years ago
Adriana Graphic Design receives $1,500 from a client billed in a previous month for services provided. What general journal entr
mario62 [17]

Answer:

Dr Cash $1,500

Cr Account Receivable $1,500

Explanation:

Based on the information given we were told that Adriana receives the amount of $1,500 from a client that was billed in a previous month for services provided which therefore means that the appropriate general journal entries that Adriana Graphic Design will make to record this transaction is:

Dr Cash $1,500

Cr Account Receivable $1,500

4 0
3 years ago
The Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that
gregori [183]

Answer:

The under applied overhead is $17,500

Explanation:

The computation is shown below:

First, Calculate the predetermined overhead rate per hour which equals to

=  (Estimated Overhead cost ÷ estimated machine hours)

= ($1,250,000 ÷ 50,000 hours)

= $25 per hour

So, the applied overhead equals to

=  Predetermined overhead rate per hour × actual machine hours

= $25 per hour × 54,300 hours

= $1,357,500

So, the over/under applied overhead equals to

= Applied overhead - actual overhead

=  $1,357,500 - $1,375,000

= $17,500 under applied

5 0
3 years ago
State the importance of agricultural experts​
WARRIOR [948]

Answer:

Agriculture is the main source of national income for most developing countries. However, for the developed countries, agriculture contributes a smaller per cent age to their national income. Agricultural sector provides fodder for domestic animals. Cow provides people with milk which is a form of protective food.

8 0
3 years ago
what act requires lenders to complie and submit their home loan origination data to their resperctive supervisry agencies
hodyreva [135]

Answer:

correct answer is (HMDA) Home Mortgage Disclosure Act

Explanation:

solution

(HMDA) act, Home Mortgage Disclosure Act  

HMDA was enacted in the 1975 and it is implemented by a Federal Reserve Board Regulation

and Home Mortgage Disclosure Act providing public with loan data as how financial institution is serve housing need of community

and Home Mortgage Disclosure Act regulation required mortgage lender for report specific information about commercial loan for residential or apartment building etc

so here correct answer is (HMDA) Home Mortgage Disclosure Act

8 0
3 years ago
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