Answer:
Production, consumption and exchange are the three main activities of the economy. Consumption and production are flows which operate simultaneously and are interrelated and interdependent
Explanation:
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Answer:
Cost of land = $1,005,000
Cost of building = $4,275,000
Explanation:
The calculation of cost of the land and new building is shown below:-
Cost of land = Purchase cost + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials
= $960,000 + $ 60,000 + 15,000 - $30,000
= $1,005,000
Cost of building = Architects Fees + Construction costs
= $105,000 + $4,170,000
= $4,275,000
Answer: variable costs of $49,500 and $23,000 of fixed costs
Explanation:
A flexible budget refers to the budget which adjusts to the volume levels of a company.
Based on the information given in the question, the variable cost will be:
= (44000/8000) x 90000
= $49500 variable
On the other hand, the fixed cost has been given as $23000.
Therefore, the flexible budget would show variable costs of $49,500 and $23,000 of fixed costs.
The answer is A. Providing legal advice
The type of syllogism being used in the given sentence is a conditional syllogism.
<h3>What is Syllogism?</h3>
This refers to the use of reasoning in order to draw conclusions about something based on two premises.
Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.
This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.
Read more about syllogism here:
brainly.com/question/361872
