Answer:
it promotes specialization by overcoming the problems with barter.
Explanation:
When economies are specialised workers focus on producing what they have competitive advantage in, and all other goods are purchased with the use of money. This increases economic efficiency and improves quality of products.
On the other hand the barter system involves exchange of goods between people. To get what I want I must provide the other person what they want. This promotes diversity of production with one person producing wide range of goods he does not have competitive advantage in.
So money increases economic efficiency.
There are multiple, but the main one would be income tax, because the government will take money from your paycheck, which is money you earn, hope this helps!
Using unit conversion, the price of strawberries is $0.27 per ounce.
The conversion of measurement unit is the process of converting different units of measurement for the same quantity, using the multiplicative conversion factors that change the measured quantity value without changing its effects.
Common units for weight and their shorthand are:
- Pound (lb)
- Ounce (oz)
- Kilogram (kg)
- Gram (gm)
The conversion factors:
1 lb = 16 oz = 0.45 kg = 453gm
1 oz = 0.063 lb = 0.03 kg = 28 gm
1 kg = 2.2 lb = 35 oz
1 gm = 0.001kg = 0.04 oz
Information from the problem:
The strawberries cost:
$4.32 per pound = $4.32 per 16 oz
= $4.32/16 per oz
= $0.27 per oz
Read more about unit conversion here:
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Ray Kroc provided training and support to franchisees to ensure that quality would be consistent in every McDonald's restaurant when he franchised
McDonald's that set the bar for future franchise operations.
Franchising and licensing area unit typically<span> appealing business models. </span>in a very<span> franchising model, the franchisee uses </span><span>other firm's </span>eminent<span> business model and </span>name to control what's<span> effectively an </span>freelance<span> branch of </span>the corporate<span>.</span>
Answer:
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Explanation:
Monthly rent = $3,600
Rent paid on 1 January = $3,600
6 = $21,600
Out of which Prepaid Rent = $3,600
5 = $18,000
for 5 months
Prepaid rent account as on April 30 balance will be of rent for May and June,
That is $3,600
2 = $7,200
Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.
Final Answer
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200