Answer:
$20,600
Explanation:
<u>Computation of prepaid insurance</u>
Insurance 1 ($52,200 * 6/18) $17,400
Insurance 2 ($26,400 * 12/24) <u>$13,200</u>
Total Prepaid Insurance <u>$20,600</u>
Answer:
0.75, 0.25
Explanation:
With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.
MPC = 300/400=0.75
MPS = 100/400=0.25
Marginal propensity to consume is 0.75
Marginal propensity to save is 0.25
Most management researchers believe that modern management studies originated in the <u>c. 18th century.</u>
<h3>Origins of modern management </h3>
- Originated with the Industrial Revolution.
- Originated as a means to make production more efficient.
The Industrial Revolution began in the 1700s or the 18th century and so we can conclude that modern management also started in the 18th century as well.
Find out more on<u> modern management</u> at brainly.com/question/4928239.
Answer:
<u>A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.</u>
Explanation:
- As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.
- Thus without any legal system of trade in the market economy, the profits that are generated by the public and private sectors can be taken away by these entities as a large number of small firms tends to compete in the market against each other with there homogenous products.
- Thus under such circumstances, the market economy would deprive all the profits made by the other forms in the market and put barriers to entry for others. Buyers thus will be deprived of the quality products.
Answer:
the gap between the poorest and richest segments of society in some OECD countries had widened.
Explanation:
A study published in 2011 by the Organisation for Economic Co-operation and Development (OECD) noted that the gap between the poorest and richest segments of society in some Organisation for Economic Co-operation and Development (OECD) countries had widened.
