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mr_godi [17]
2 years ago
6

Society gains advantages through trade because of its ability to:

Business
1 answer:
Alisiya [41]2 years ago
7 0

Society gains advantages through trade because of its ability to refine tasks that are connected  with production and  specialize resources to the uses where opportunity cost is minimized.

<h3>What is trade?</h3>

Trade can be defined as the exchange of goods and service or the act of buying and selling.

Hence, Society  tend to gains advantages through trade based on the fact that its ability to refine tasks that are associated with production as well as  specialize resources to the uses where opportunity cost  are reduced or minimized.

Learn more about trade here:brainly.com/question/17727564

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Possibly increase, possibly decrease, or possibly remain constant.
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if the company chooses the lease option, it will have to pay an immediate deposit of 25000 to cover any future damages to the eq
Likurg_2 [28]

Answer:

The answer is "68,788".

Explanation:

Net cash flow present value = immediate deposit + Annual lease payment present value

= 25000+(18000\times 2.991)-25000\times 0.402

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Joss is a marketing consultant Iris and Daphne are potential customers interested in commissioning Joss to undertake a market su
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(C) Joss should charge Iris $500 and Daphne $800, that way economic surplus is maximized.

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4 years ago
Groups of related business activities such as the acquisition of merchandise and payment of vendors are called:_________
liraira [26]

Groups of related business activities such as the acquisition of merchandise and payment of vendors are called transaction cycles.

A transaction cycle is an interlocking set of business transactions. Most of those transactions may be aggregated into a comparatively small number of transaction cycles associated with the sale of products, payments to suppliers, payments to employees, and payments to lenders.

A transaction cycle is a set of accounting transaction that happens in a very normal sequence as an example a sales transaction is followed by shipping transaction, a billing transaction, and a cash receipts transaction.

Therefore, there are four transaction cycles which are the following:- Financial cycle, expenditure cycle, revenue cycle, conversion cycle.

To know more about transaction cycle here

brainly.com/question/13445906

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3 0
1 year ago
Sanjeev leases a house from Clara, and the lease has an option contract attached that permits Sanjeev to buy the house if he cho
Aleksandr-060686 [28]

The amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.

<h3>What is a lease agreement?</h3>

A lease agreement is a legal arrangement whereby a person give another person the right to possess the land for use in return for a periodic compensation.

However, the lease agreement can lead to permanent purchase, based on the agreement of the lease.

In conclusion, the amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.

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<em>brainly.com/question/24460932</em>

8 0
3 years ago
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