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cestrela7 [59]
2 years ago
8

What is economy? economic basics study question 2

Business
1 answer:
Evgen [1.6K]2 years ago
6 0

The study that tells about the production, usage and distribution of goods and services among the people of the nation is called the economy.

<h3>What is production?</h3>

Production is the process of making finished goods by converting them from its raw materials.

  • Economy is referring to the study that describes the manufacturing, consumption and distribution of the goods and services among the citizens of the country. The field which studied about economy is called Economics.  
  • It could be inclusive of customers, business firms and the government. The customers are the ones who acquire the goods for satisfying his/her wants.
  • The business houses are the entities that made the goods and then make it available in the market for sale to the customers. The government is the authority who regulate the equal distribution of goods to each and every people of the country.

Therefore, the economy is briefly explained above.

Learn more about the manufacturing process in the related link:

brainly.com/question/27908364

#SPJ1

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Pitney Co. purchased an office building, land, and furniture for $500,000 cash. The appraised value of the assets was as follows
Inessa [10]

Answer:

1.Allocated cost

Land 150,000

Building 250,000

Furniture 100,000

Total 500,000

2.Net income cash flow -500,000 IA

Explanation:

1.

Allocated cost

Land =500,000*180,000/600,000=150,000

Building =500,000*300,000/600,000=250,000

Furniture =500,000*120,000/600,000=100,000

Allocated cost

Land 150,000

Building 250,000

Furniture 100,000

Total 500,000

2.

Cash -500,000

Land 150,000

Building 250,000

Furniture 100,000

Net income cash flow -500,000 IA

3 0
3 years ago
A company has 800 bonds outstanding with a par value of $1,000 and priced at 95% of par. It also has 40,000 shares of common sto
alisha [4.7K]

Answer:

Bonds   = 24%

Shares  = 76%

Explanation:

The weight of each of the finance sources is the proportion that their market value bears to the total market value.

This is computed as follows:

                                                                               $

Market value of bonds= 95%× 1,000× 800= 760,000

Market value of shares = 60× 40,000=        <u>2,400,000</u>

Total market value                                        <u>  3,160,000</u>

Bonds             = 760,000/3,160,000× 100= 24%

Shares             = 2400000/3,160,000×  100= 76%

7 0
3 years ago
Assess the benefits and drawbacks of the high-speed rail project. In your opinion, do benefits outweigh drawbacks, or vice versa
Andrews [41]

Answer:

The benefits of a High Speed Rail in California:

  • It becomes a feasible alternative to air travel, because it can be either cheaper, or even faster, since passengers do not have to spend as much time on a train station as they do on an airport.
  • If demand is high enough, state highways can become less congested, because many people who would otherwise travel by car, would take a high speed train instead.
  • Because the trains are electric, they are likely to help reduce pollution.

The cons would be:

  • We cannot know for sure how many people would take the high speed trains. Demand could not be high enough to justify the cost.
  • The line would be very costly.
  • It could end up benefit only a small section of the population who would take the trains, or who travel often.

I believe that the benefits outweigh the drawbacks, as can be seen in most countries where high speed lines have been made between large cities. For example, in Spain, the line between Madrid and Barcelona is profitable. The same would likely happen for a line between Los Angeles and San Francisco.

What are the implications of starting a project based on tenuous projections that may or may not come true 10 years from now?

If demand projections are tenous, there is always the possiblity that the high speed line could not be profitable. However, this risk can be lowered if the line is made between highly populated cities.

Could you justify the California high-speed rail project from the perspective of a massive public works initiative?

Yes, a high speed rail would be a project that could massively impact California. The benefits of its operation could outweight the cost.

In other words, what other factors enter into the decision of whether to pursue a high-speed rail project?

As I said before, the most important factor is to construct line between highly populated cities in order to reduce the risk of not having enough demand. It has been demonstrated around the world, in Spain, in Italy, in Japan, in China, that high speed lines that connect very populated regions, can be profitable.

7 0
3 years ago
Suppose the total number of minutes provided exceeds the total number of minutes estimated and that the total dollar cost of the
Margarita [4]

Answer:

C) In at least one of the higher technical levels ,more minutes being provided than budgeted.

Explanation:

For such discrepancy to exist ,it means the minutes dictates the effect of the dollar.

5 0
3 years ago
United Contractors Inc. holds a lien on Vista Estates real property. This property can be sold to satisfy the debt if, before th
oee [108]

Answer:

The answer is Vista Estates

Explanation:

Before any sale can done done, notice must be given to Vista Estates. The property can now be sold after been giving proper notice.

Vista Estates still has the legal right of original ownership even though a lien has been placed on his property. A lien is a legal claim against a property.

7 0
3 years ago
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