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2 years ago

Why do economists think in terms of costs and benefits

Business

1 answer:

Anna35 [415]2 years ago

7 0

Answer:

Cost benefit analysis is usually preferred by economists, due to several reasons.

Explanation:

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Shocker Associates sold office equipment for cash of $162,000. The accumulated depreciation at date of sale amounted to $123,000

siniylev [52]

Answer:

Original Cost of asset = $269,000

Explanation:

Provided information,

We have been provided that selling value of equipment = $162,000

Gain recognized on sale = $16,000

Gain = Selling price - Book Value

$16,000 = $162,000 - Book Value

Book Value = $162,000 - $16,000 = $146,000

Accumulated Depreciation = $123,000

Book Value = Original Cost - Accumulated Depreciation

$146,000 = Original cost - $123,000

$146,000 + $123,000 = Original Cost = $269,000

8 0

3 years ago

Farrick and Kenley want to form a business in which they invest money in exchange for stock ownership in their organization. Wha

Svetradugi [14.3K]

Answer:

Limited liability company

Explanation:

In simple words, A limited liability corporation (LLC) is a type of private company structure. It's among the most frequent legal structures for forming a company. In a comprehensive partnerships all members are accountable for the firm and have unlimited accountability for its obligations.

Thus the limited liability structure is most suitable for the two.

8 0

3 years ago

There are ___ credit reporting companies

MariettaO [177]

There are 3 credit reporting companies

5 0

3 years ago

Jai Li just lost her job, and she has not yet started looking for a new one. The Bureau of Labor Statistics counts Jai Li as Gro

zysi [14]

Answer:

neither in the labor force nor unemployed

Explanation:

Since in the question it is mentioned that the Jai Li lost her job and neither she has not yet started looking for a new job

So according to the Bureau of Labor Statistics she counted as a neither in the labor force nor unemployed because labor force includes the combination of employed people + unemployed people

She does not qualify any of the above criteria

Hence, the last option is correct

4 0

3 years ago

Sharon has opened a new startup company in web design. Within the first month of business, the startup agrees to maintain an acc

AVprozaik [17]

Answer:

trade can make everyone better off.

Explanation:

The aim of trade is to make all parties involved better off than they were before the trade occured. For example in international trade a country sells items they have reduced cost producing, while they buy items that will be expensive for them to produce.

In this instance the web startup is offering to give the accounting firm a service they have (web hosting) for tax return service.

Everyone is better off at the end of the day because they obtained a service they could not perform alone.

3 0

3 years ago

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