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Slav-nsk [51]
2 years ago
13

the for a particular unit of money is established and accepted within an economic community at a specific time.

Business
1 answer:
astraxan [27]2 years ago
3 0

The standard of value for a particular unit of money is established and accepted within an economic community at a specific time. Thus, option B is the correct answer.

<h3>What is economic?</h3>

Economics can be defined as the part where the economy is there when the product is being brought and sold in the market.

The standard of value can be defined as the fact in which the country is having a rate of exchange and the price is thereupon predefined. These prices are fixed in the economy for a particular time period, in which transactions like imports and export happen in the market. Therefore, option B is the correct option.

Learn more about economics, here:

brainly.com/question/14787713

#SPJ4

The question is incomplete, the complete question is

The _______________ for a particular unit of money is established and accepted within an economic community at a specific time.

-Medium of exchange

-Standard of value

-Barter

-Store of value

Standard of value

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Accompanying the bank statement was a debit memorandum for an NSF check received from a customer. This item would require an adj
tamaranim1 [39]

Answer:

The correct answer is debit accounts receivable, credit cash.

Explanation:

Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.

6 0
3 years ago
Which type of account will typically have the highest interest rate?
Setler [38]
Savings account is the answer
7 0
3 years ago
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Stewart Corporation manufactures solar powered calculators. The company can manufacture 1,100,000 calculators a year at a variab
NeX [460]

Answer:

If the special offer is accepted, the net operating income will decrease in $120,000

Explanation:

Giving the following information:

Total variable cost= $2,200,000

Fixed cost= $1,100,000

Based on management’s projections for next year, 950,000 calculators will be sold at the regular price of $15.00 each. A special order has been received for 230,000 calculators to be sold at a 60% discount off the regular price.

Because the company can't provide the 950,000 units and the 230,000 special offer, the offer will cannibalize sales from the 950,00 units.

Special offer sale price= 15*0.4= $6

Unitary variable cost= 2,200,000/1,100,000= $2 per unit

<u>First, we will calculate the net income without the special offer</u>:

Sales= 950,000*15= 14,250,000

Total variable cost= 950,000*2= (1,900,000)

Contribution margin= 12,350,000

Fixed costs= (1,100,000)

Net operating income= 11,250,000

<u>With the special offer:</u>

Sales= (230,000*6) + (870,000*15)= 14,430,000

Total variable cost= (2,200,000)

Contribution margin= 12,230,000

Fixed costs= (1,100,000)

Net operating income= $11,130,000

If the special offer is accepted, the net operating income will decrease in $120,000

7 0
3 years ago
If the inflation rate averages 3 percent over the next 8 years, the expected cost of services for any year in that time frame is
lys-0071 [83]

Answer:

The expected cost 8 years from now = $13.87

Explanation:

If the inflation rate averages 3 percent yearly over the next 8 years, the expected cost of services for any year in that time frame is given by

C (x) = K (1.03)ˣ

where

K = present cost = $10.95

x = time in years = 8

So, the expected cost of a haircut 8 years from now would be

C(x=8) = 10.95 (1.03)⁸ = $13.87

Hope this Helps!!!!

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which florida law requires owners and operators of motor vehicles to be financially responsible for damages and or injuries they
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The Financial Responsibility Law
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