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m_a_m_a [10]
1 year ago
5

The study of the interaction between individuals and businesses is known as.

Business
1 answer:
Dahasolnce [82]1 year ago
3 0

The study of the interaction between individuals and businesses is known as microeconomics.

<h3>What is microeconomics?</h3>

Microeconomics refers to the study of an individual, households the behavior of the firms or organizations in the process of decision making and resources allocation.

It is the study of the outcome, what will come out when an individual changes his or her choices in the response of change in the price, resources and production method.

Basically, microeconomics examines how a firm can maximize its production by minimizing its price for better competition.

Learn more about the microeconomics here:-

brainly.com/question/13120341

#SPJ1

You might be interested in
Match each stage of the business life cycle to its corresponding description.
slega [8]

The business life cycle corresponds to the stages that a business goes through throughout its existence in the market, which are existence, survival of the fittest, success, take-off and maturity. The correct sequence for this question is C B D A E.

<h3>Maturity</h3>

The business is separate from the owner with responsibilities delegated to staff. A business in this stage usually commands a considerable share of the market and may even be a household name.

<h3>Takeoff</h3>

Expansion strategies are implemented, and investment is balanced with potential.

<h3>Existence</h3>

The business introduces itself to the market and attempts to catch the attention of potential customers.

<h3>Success</h3>

Company is stable and profitable.

<h3>Survival of the Fittest</h3>

Focus shifts to revenue, expenses, and growth. Cashflow is the major issue.

Therefore, the business life cycle will help management to manage its resources according to the business phase and make more effective decisions for competitiveness and organizational positioning.

The correct answer is:

C. Maturity

B. Takeoff

D. Existence

A. Success

E. Survival of the Fittest

Find out more information about  business life cycle here:

brainly.com/question/25754149

8 0
2 years ago
Catamount Company had current and accumulated E&amp;P of $500,000 at December 31, 20X3. On December 31, the company made a distr
lapo4ka [179]

Answer:

D. No loss recognized and a reduction in E&P of $200,000

Explanation:

Given that:

  • Current and accumulated E&P : $500,000
  • A distribution of land to its sole shareholder: $200,000
  • E&P basis to Catamount :  $250,000

From that, we can see that the current and accumulated E&P is greater than its distribution of land so no loss would be reported so there will be reduction in earning and profits of the company of $200,000.

Hope it will find you well.

5 0
2 years ago
One way to obtain the economically efficient amount of college education is for governments to subsidize college education. What
Karolina [17]

Answer:

The remaining part of the question is given below:

(Note that the subsidy can be granted to the education institutions or to the students directly or indirectly; for example, through low- interest student loans.)

a. P2-P0

b. P2-P1  

c. P0-P1

d. P1

<u>Correct Answer:</u>

b. P2-P1

Explanation:

A pigouvian subsidy is a subsidy that is used to encourage behaviour that have positive effects on others who are not involved or society at large. <em>Behaviors or actions that are a benefit to others who are not involved in the transaction are called positive externalities.</em>

7 0
2 years ago
A co-worker who has to leave work early to deal with a personal matter asks that you complete some time-sensitive paperwork and
stich3 [128]

Answer:

intervene and tell the supervisor you had assumed responsibility for the paperwork and forgot

Explanation:

The golden rule is based on a principle of reciprocity and it states that one should treat others the way they want to be treated.

Different religions overtime have the same principle embedded in their doctrines.

In the given scenario where a coworker told you to compete some work for him before leaving and you failed to do so, when the coworker is being reprimanded you should take responsibility for the paperwork and say you forgot.

This is only fair on your coworker seeing it wasn't his fault the work was not done.

Also when you treat people fairly you can also be expected to be treated fairly too.

4 0
2 years ago
gHenderson Ski Co. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor, $18,000 for va
Oksana_A [137]

Answer:

Total cost= $170,472

Explanation:

Giving the following information:

Direct material= $21,360

Direct labor= $33,600

Variable overhead= $18,000

FIxed overhead= $46,440

Henderson planned to sell 2,000 units during the period, but sold 3,400 units.

First, we need to calculate the unitary variable cost:

Unitary variable cost= total variable cost/number of units

Unitary variable cost= (72,960/2,000)= $36.48

Now, we can calculate the total cost for 3,400 units

Total cost= total fixed cost  + total variable cost

Total cost= 46,440 + (36.48*3,400)= $170,472

8 0
3 years ago
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