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2 years ago

What economic concept is applied in this statement?

1 answer:

8 0

By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.

<h3>What are skills? </h3>

Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.

When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.

Therefore, option E positive externality is the correct option for the given statement.

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Select the correct answer.

bekas [8.4K]

place a call to confirm the interview

Answer:B.

I think B is the answer.

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3 years ago

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If a car dealer in the United States imports a $50,000 BMW from Germany, the 2.5 percent tariff or $1,250 that the dealer must p

tatiyna

Answer:

Ad valorem tariff

Explanation:

Ad valorem tax is defined as, any tax based on the money related estimation of the burdened thing. Truly the term signifies "as per esteem." Traditionally, most traditions and extracts had "explicit" rates; the assessment base was characterized regarding physical units, for example, gallons, pounds, or individual things.

For example taxes on goads and service,VAT on the final product and service.

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4 years ago

Marigold Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y

ohaa [14]

Answer:

Dr cash $ 2,473,500.00

Cr preferred stock $ 2,425,000.00

Cr paid-in capital in excess of par-preferred stock $48,500

Dr cash $ 3,422,000.00

Cr preferred stock $ 2,900,000

Cr paid-in capital in excess of par-preferred stock $522,000

Explanation:

The issue of preferred shares on Feb 1 would result in cash proceeds of $ $2,473,500.00 i.e (48,500*$51)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,425,000.00 (48,500*$50) and the remaining amount of $ 48,500.00 is credited to paid-in capital in excess of par-preferred stock.

The issue of preferred shares on July 1 would result in cash proceeds of $3,422,000.00 i.e (58,000*$59)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,900,000.00 (58000*$50) and the remaining amount of $ 522,000.00 is credited to paid-in capital in excess of par-preferred stock

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3 years ago

Which of the following statements is CORRECT?

zaharov [31]

Answer:

If a company pays more in dividends than it generates in net income, its retained earnings as reported on the balance sheet will decline from the previous year's balance.

Explanation:

The dividend is shown while preparing the retained earning statement. So, it does not affect the net income.

The highly liquid marketable securities does not show a decline in the current assets

If the long term bonds are issued to purchase fixed assets it would show under the long term liabilities and the long term assets rather than the current assets and the current liabilities

Account receivable are reported in the current assets rather than the current liabilities

We know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

If the dividend amount is more than the net income so the ending balance of retained earning will decline than its beginning year balance.

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3 years ago

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How does a change in Expectations cause a change in supply?

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A change in the number of sellers in an industry changes the quantity available at each price and thus changes supply. An increase in the number of sellers supplying a good or service shifts the supply curve to the right; a reduction in the number of sellers shifts the supply curve to the left.

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3 years ago