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3 years ago

Jim is being paid $7.25 an hour to work at a restaurant. In the circular flow, this is an example of a:

Business

1 answer:

max2010maxim [7]3 years ago

4 0

Answer:

The answer is household selling a resource in the factor market which is the same thing as business buying resource in the factor market

Explanation:

Factor market is a market in which factors of production e.g land, capital, labor are bought and sold.

In the question above, Jim(household or labor) is working at a restaurant (firm or business). This means Jim is selling his resource(labor) in the factor market while the restaurant is buying the resource(labor) in the factor market.

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Television Haven buys televisions from a manufacturer and then sells them to department stores. Television Haven is most likely

MaRussiya [10]

Answer: Wholesaler

Explanation:

Television Haven buys televisions from a manufacturer and then sells them to department stores. Television Haven is most likely a wholesaler.

A wholesaler involves someone who buys goods from the manufacturer or producer in bulk, that is large quantities and then sell to the retailers after which the retailer then sells to the consumers

Here, Television Haven is a whilesaler while the department store is a retailer.

5 0

3 years ago

What are 5 state laws that protect consumer rights

Scrat [10]

Answer:

1. bankrupcy

2.fair credit reporting laws

3.truth in lending laws

4.consumer leasing act

5.privacy policies

Explanation:

4 0

3 years ago

Brady industries has average variable costs of $1 and average total costs of $3 when it produces 500 units of output. the firm's

Karolina [17]

C. $1,000

$1 and average total costs of $3 when it produces 500 units of output. the firm's total fixed costs equal 1,000 dollars.

8 0

3 years ago

In christopher's speech about his hobby as an amateur potter, he exhibited several pieces of pottery as his presentation aids. w

True [87]

I would say that Christopher used a show and tell technique to demonstrate what he has made as that is the most effective way to reveal one's abilities is to see the outcome with one's own eyes and then how it was made makes much more sense than just describing it with only words.

6 0

3 years ago

For each of the items listed below, indicate whether the item would be reported in the

tresset_1 [31]

Answer:

Note: The complete question is attached below as picture

Indication of how they should be reported are as follow:

1) Budgetary Schedules : FINANCIAL SECTION AS RSI (RSI)

2) Letter of Transmittal : INTRODUCTORY SECTION (I)

3) Legal debt limitations and debt margin : STATISTICAL SECTION (S)

4) A description of government's financial conditions : FINANCIAL SECTION AS MD&A (MDA)

5) Property tax collection and levy information : STATISTICAL SECTION (S)

6) Defined benefit pension plan schedules : FINANCIAL SECTION AS RSI (RSI)

7) Financial highlights of the fiscal year : FINANCIAL SECTION AS MD&A (MDA)

8) Auditors report : FINANCIAL SECTION (F)

9) 10-year data trend : STATISTICAL SECTION (S)

10) Notes to the financial report : FINANCIAL SECTION (F)

4 0

3 years ago