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3 years ago

The circular flow model of a mixed economy shows _____.

1 answer:

4 0

In economics, a circular flow model is a diagram that is used to represent the monetary transactions in aneconomy. ... The factor owners spend the income on goods which leads to the circular flow of payments .Circular flow of goods income. The circular flow model shows the flow of payments between households and firms

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Kim Jordan says that she believes that "to whom much is given, much is expected." This statement speaks of her personal convicti

Marrrta [24]

Answer:

Instrumental values.

Explanation:

The two types of values that exist are terminal values and instrumental values. Terminal values are the ones people consider of the greatest importance and desire the most. These consist of goals sought after by individuals during their whole life, such as happiness, recognition, professional success, and more. On the other hand, instrumental values relate to beliefs about what are right means to fulfilling the terminal values, such as honesty, sincerity, ethics, etc. These values have more relation to the characteristics of their personality and character.

6 0

3 years ago

"Gamboa, Inc. sold 100 selfie sticks for $25 each. If the selfie sticks had an average cost of $1 to produce, how much profit di

IRISSAK [1]

Answer:

$2400

Explanation:

Average cost is the ratio of total cost of production to the total number of units produced, it is the sum of both the average fixed cost and the average variable cost. The average cost is given by the formula:

Average cost = Total cost / number of units.

Given that:

The total number of units produced = 100 selfie sticks, Average cost = $1 and Price of each selfie stick = $25

From Average cost = Total cost / number of units.

Substituting gibes:

$1 = Total cost / 100 selfie stick

Total cost = $1 × 100 = $100

Total cost = $100

Revenue = Price per item × Number of items

Revenue = $25 × 100 = $2500

Profit = Revenue - Total cost

Profit = $2500 - $100 = $2400

Total cost = $2400

5 0

3 years ago

Overton, Inc. had the following transactions in 2017, its first year of operations: • Issued 15,000 shares of common stock. Stoc

dimaraw [331]

Answer:

total stockholders' equity = $660000

Explanation:

given data

Issued = 15,000 shares

par value = $0.01 per share

issued = $39.00 per share

net income = $300,000

Paid dividends = $15.00 per share

to find out

total stockholders' equity

solution

we get here common stock that is express as

common stock = 15,000 × $39

common stock = $585000

and

dividends is = $15 × 15000

dividends = 225000

total stockholders' equity will be

total stockholders' equity = common stock + net income - dividends

total stockholders' equity = $585000 + $300,000 - 225000

total stockholders' equity = $660000

8 0

3 years ago

Jane and Joe made two investments of $25,000 and $40,000 with different investors that yielded a combined rate of return of 10%

OLga [1]

Answer:

10.625%

Explanation:

The combined rate of return for two investments can be calculated using the below mentioned formula:

Combined interest=[(interest rate of first investment*first investment+interest rate of second investment*second investment)/(First investment+Second investment)]

In the given question

Combined interest=10%

Interest rate of first investment=9%

First investment=$25,000

Interest rate of second investment=?

Second investment=$40,000

10%=[(9%*25,000+Interest rate of second investment*$40,000)/(25,000+40,000)]

10%=(2250+Interest rate of second investment*$40,000)/65,000

10%*65,000=2250+Interest rate of second investment*$40,000

6500-2250=Interest rate of second investment*$40,000

4,250=Interest rate of second investment*$40,000

Interest rate of second investment=10.625%

5 0

4 years ago

The main objective of lean manufacturing is to:

Finger [1]

Answer: Option B

Explanation: In simple words, lean manufacturing refers to the manufacturing process in which the production firm focuses on minimizing the waste that occurs in the production process and also increases the productivity at the same time.

This system was first implemented in Japanese manufacturing industry and lead to decrease in cost of production significantly. Such kinds of manufacturing is highly evident in industries prancing goods such as clothes, shoes etc.

This strategy also decreases the production cycles and increase the respond time of the firm to the market.

6 0

3 years ago