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Anni [7]
2 years ago
13

Kathy Thompson has determined that the value of her assets is $64,000 and the value of her debts is $23,000. The difference betw

een these two is $41,000. The $41,000 could be referred to as her:
Business
1 answer:
snow_lady [41]2 years ago
3 0

The difference between the value of assets and debts of a person is their a. net worth.

<h3>What is a Net Worth?</h3>

This refers to the total assets that a person owns and has after deductions have been made.

Hence, we can see that based on the value of assets of Kathy Thompson and the value of her debts, it can be seen that she has a net worth of $41,000.

Read more about net worth here:

brainly.com/question/12371230

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Cardboard is an example of which type of economic resource?​
blsea [12.9K]
<h3><u>Answer</u>;</h3>

A capital resource

<h3><u>Explanation</u>;</h3>
  • Economic resources are the factors used in producing goods or providing services. That is, they are the inputs that are used to create things or help an individual to provide services.
  • <em><u>Economic resources can be divided into human resources, such as labor and management, and nonhuman resources, such as land, capital goods, financial resources, and technology.  There are four types, namely; capital, labor, land, and entrepreneurship.</u></em>
  • <em><u>Capital resources are those resources that are used to manufacture other goods and services in future.</u></em>

3 0
2 years ago
Identify a true statement about process layouts.
iragen [17]

Answer:

b. they can be used to produce a variety of products without the need for expensive retooling.

6 0
2 years ago
Which of the following represents a market failure?
Marat540 [252]

Answer:

a. Shopping for used cars when the seller has private information about the car unavailable to the buyer

Explanation:

When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.

Hence this leads to inefficient outcome and therefore market fails.

Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.

Hence option first is the correct answer.

7 0
3 years ago
A monopolistically competitive firm is currently earning a positive economic profit. If other firms enter the market, we would e
inna [77]

Answer: (C) will operate further from its efficient scale.

8 0
3 years ago
Before work can begin on the project, the customer must Group of answer choices sign a contract with the contractor that include
Setler79 [48]

Answer:

sign a contract with the contractor that includes the project start date and payment plan.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, before work can begin on the project, the customer must sign a contract with the contractor that includes the project start date and payment plan.

7 0
2 years ago
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