The right answer for the question that is being asked and shown above is that: "b. They increase or decrease supply or demand." price changes drive markets toward equilibrium is that <span>b. They increase or decrease supply or demand.</span>
Answer:
$26.67
Explanation:
Total Common Equity New = Total Common Equity Old + Net Income -Dividends Paid
Total Common Equity New = $4,050,000 + $450,000 - $100,000
Total Common Equity New = $4,400,000
Book value per share = Total Common Equity / Shares Outstanding
Book value per share = $4,400,000 / 165,000 shares
Book value per share = 26.66666666666667
Book value per share = $26.67
Answer:
d. Milton Friedman
Explanation:
Milton Friedman is an American economist that believed in the free market capitalism. He was a free market advocate. He therefore advocated that the social responsibility of a manager is to maximize shareholders returns.
Answer:
CITY OF SOUTH RIVER
APPROPRIATION (appr), EXPENDITURES (expend), AND ENCUMBRANCES (encum) LEDGER
GENERAL FUND: PUBLIC SAFETY - POLICE
MONTH: JULY, 2020
Tran
- Refer - App - Encum - Expend - Unexpended App Balance
1 Budget -8706000 - - 8706000
2 Purchase
Orders
issued - 533000 - 8173000
3 Invoice
received and
approved for
payment - -496000 486000 8183000
4 Payrolls - - 302000 7881000
5 Budget
Revision 58000 - - 7823000
Total 8648000 37000 788000 7823000
Answer: c. specialize in producing beer and export beer.
Explanation:
As per the Theory of Competitive Advantage posited by David Ricardo, a country should specialize in the good that it has a competitive advantage in. A country has a competitive advantage if it incurs a less opportunity cost in producing the good.
Opportunity cost of producing beer for Germany = MPLc/MPLb = 2/5
Opportunity cost of producing beer for China = MPLc/MPLb = 1
Germany has a lower cost of producing beer so they should specialize in this and export it.
