Answer:
The characteristics of a mixed economy include allowing supply and demand to determine fair prices, the protection of private property, innovation being promoted, standards of employment, the limitation of government in business yet allowing the government to provide overall welfare, and market facilitation by the self-interest of the players involved.
Answer:
In the following situation:
A firm that makes electronic circuits has been optimally ordering a certain raw material 250 ounces at a time. The firm estimates that the carrying cost is I = 30% per year and that ordering cost is about $20 per order. The current price of the ingredient is $200 per ounce.
The value of annual demand for the action optimal is:
93,750.
Explanation:
To understand this answer we need to understand first a few things. First, an Economic Order Quantity is a concept in inventory management that represents the order quantity that reduces at is last point the holding and ordering costs. The formula to calculate it is:
The square root of [( two times the annual demand in units times the incremental cost to process an order) Divided by (the incremental annual cost to carry one unit in inventory)]
Answer:
Adjusted balance per cash book : $ 8,865
Explanation:
Computation of Adjusted cash balance
Balance as per bank statement $ 8.344
Less: Outstanding checks $( 804)
Add: Deposits in transit $ 1,383
Less: Bank Service charges <u>$( 58)</u>
Adjusted balance per cash book $ 8,865
The adjustments have been made to reflect the cash book balance
The outstanding checks when issued would have been recorded in the cash book and thus are deducted from the bank statement balance.
The deposits in transit would also have been recorded in the cash book and since they have not been received at the bank, are not included in the bank statement balance and are thus added to get the cash book balance
The bank service charges is the information provided by the bank on the bank statement and has to be reflected in the cash balance as a reduction adjustment.
Answer:
export import net export
1. increases unchanged increases
2. unchanged increases decreases
3. unchanged increases decreases
4. unchanged increases decreases
5. increases unchanged increases
Explanation:
export would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Net export would increase when export occurs and decrease when import occurs
Net export = exports – imports
When the French historian visits the US museum and the European family visits Disney, they are enjoying US services, thus export increases and net export increases
The purchase of books from Cambridge in UK, Panasonic camera and the visit to Japan constitutes import. These increases import and reduces net export
Answer:
A less,less
Explanation:
because option A requires 8 year of higher education and $80,000. but option B only requires four years of higher education and $40,000
