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jenyasd209 [6]
2 years ago
7

Economists use the distinction between private and public goods to determine __________

Business
1 answer:
Butoxors [25]2 years ago
8 0

Economists use the distinction between private and public goods to determine what projects and activities should be undertaken by the government.

In the economy, there are different types of goods among which, public goods are goods which are produced by the government or by nature for the welfare of the people without any cost. On the other hand, private goods are the ones manufactured and sold by private companies to earn a profit.

Economists use this distinction between different goods to allow the government to decide which goods are considered public goods so that the government can channel the funds in order to provide the public goods to the economy.

Hence, both public and private goods have their own importance in the economy.

To learn more about public and private goods here:

brainly.com/question/15176802

#SPJ4

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What terms best refer to anything that can be bought or sold?
Savatey [412]

The terms best refer to anything that can be bought or sold

goods and services

This is further explained below.

<h3>What terms best refer to anything that can be bought or sold?</h3>

Generally, The output of an economic system consists of things like goods and services.

While services consist of activities that are carried out for the advantage of the receivers, goods are physical products that are sold to clients. Products such as autos, home appliances, and apparel are all examples of goods.

In conclusion, The terms best refer to anything that can be bought or sold

goods and sevices

Read more about goods and services

brainly.com/question/2430424

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7 0
2 years ago
Vaughn Manufacturing purchased machinery for $980000 on January 1, 2017. Straight-line depreciation has been recorded based on a
Tresset [83]

Answer:

selling price= $199,633

Explanation:

<u>First, we need to calculate the book value at the moment of the sale:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (980,000 - 56,500) / 5

Annual depreciation= $184,700

Accumulated depreciation= (4*184,700) + (184,700/12)*4

Accumulated depreciation= $800,367

<u>Book value on May 1st:</u>

Book value= purchase price - accumulated depreciation

Book value= 980,000 - 800,367

Book value= $179,633

<u>Now, if the company makes a profit, the selling price was higher than the book value:</u>

<u></u>

Gain= selling price - book value

20,000= selling price  - 179,633

selling price= $199,633

4 0
3 years ago
Please help it’s a final
Naya [18.7K]

Answer: why did u delete my answer

Explanation:

4 0
3 years ago
You have a opportunity to be hired into a exciting new career. Explain what types of clothing you would wear to the interview an
OLga [1]

Answer:

I would wear something simple not to flashy like some black pants with a button up top and a blazer I think that is very professional. I would use my communication skills by using eye contact not interrupting and asking questions if I don’t understand something. Also I would try my best to answer the questions they ask to the best of my ability and use a good speaking voice and good grammar. Hope this helps!!

3 0
3 years ago
You have a balance of 4000 on your credit card with a 12% interest rate. You plan to make a no new purchases with the card. You
gavmur [86]
Hmmmm I would say 12 months hope i heleped
6 0
3 years ago
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