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iris [78.8K]
3 years ago
9

Microeconomics focuses on A. inflation and growth in our overall economy. B. decisions made by individual households and firms.

C. all households and firms grouped together and how they interact with the government. D. aggregate economic variables like the rate of unemployment or national income.
Business
1 answer:
mel-nik [20]3 years ago
7 0

Answer:

B. decisions made by individual households and firms.

Explanation:

Economics is the study of choice to satisfy unlimited wants from limited resources, having alternative uses.

'Micro' word gets origination from greek language, meaning 'small'

Micro Economics is the study of 'individual' economic participants - individual households' & individual firms' choice decisions

Eg : Price of a good, Utility maximising consumption of consumer, profit maximising output of a producer/ seller.  

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The most successful job candidates seek to transform themselves from unknown into known quantities through?
MrRa [10]

The most successful job candidates seek to transform themselves from the unknown into known quantities through networking.

<h3>What is meant by networking?</h3>

Networking, usually referred to as computer networking, is the process of moving data between nodes in an information system through a common media.

The most successful job hopefuls aim to use networking to go from being unknown to becoming a known quantity.

A computer network consists of two or more computers connected through cables (wired) or WiFi (wireless) for the transfer, exchange, or sharing of information and resources.

The goal of networking is to meet new people friends, acquaintances in related fields, and perhaps business partners. You can advance swiftly in your profession with these new connections. It becomes obvious why networking is such a great tool, not only for extroverts, when you put it that way.

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4 0
1 year ago
The manager of a major retail store has taken a random sample of 25 customers. The average sale was $52.50. The population stand
Anna35 [415]

Answer:P value = 1 - 0.9793 = 0.0207

Explanation:

we can use Z value and normal distribution to find P value. P value is the area of beyond the value of Z value

sample mean (x.bar) = $52.20

Population mean (U) = $50

Sample Standard deviation (Sd) =$ 6.10

sample (n) = 25

Z =\frac{(x.bar - U)}{Sd/\sqrt{n} } =\frac{52.50 - 50}{6.10/\sqrt{25} }

Z = 2.50/1.22 = 2.049280328 = 2.049

area (normal distribution table) = 0.9793

P value = 1 - 0.9793 = 0.0207

7 0
3 years ago
Big Dom’s Pawn Shop charges an interest rate of 27 percent per month on loans to its customers. Like all lenders, Big Dom must r
Bad White [126]

Answer:

a. 324%

b. 16.61%

Explanation:

a. The computation of the APR is the annual rate of interest which is shown below:

= Interest per month × number of months in a year

= 27% × 12 months

= 324%

b. And, the  effective annual rate would be

=  (1 + interest rate per month) ^ Number of months in a year - 1

= (1 + 27%) ^ 12 -1

= 1.27 ^ 12 -1

= 17.6053 - 1

= 16.61%

7 0
3 years ago
The following selected amounts are available for Thomas Company.Retained earnings (beginning) $2,500Net loss 200Cash dividends d
AfilCa [17]

Answer:

c. $1,900

Explanation:

As for the information provided, we have:

Retained Earnings opening balance = $2,500

Current year loss = $200

Balance of retained earnings after this = $2,500 - $200 = $2,300

Now, dividends are provided which shall be paid from retained earnings only.

Cash dividends are the one paid in cash.

Stock dividends are the ones which are paid by issue extra shares from retained earnings.

Thus, both are deductible from retained earnings.

Therefore, closing balance of retained earnings = $2,300 - $200 - $200 = $1,900.

4 0
3 years ago
Prepare entries in a job order cost system and job cost sheets.
Daniel [21]

Answer:

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Explanation:

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