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Annette [7]
4 years ago
5

When you begin working, you will most likely be both a _____ and a _____ in a market economy.

Business
2 answers:
laila [671]4 years ago
6 0
Producer & Consumer should be the correct answer
Kay [80]4 years ago
6 0
You will be both a customer and a supplier
You might be interested in
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet an economic crisis, was called________.
JulijaS [17]

Answer:

Hundred Days

Explanation:

The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression was called <u>the hundred Days</u>. As we know that the First New Deal began in a whirlwind of legislative action called “The First Hundred Days.” From March through June 1933, at Roosevelt’s behest, Congress passed legislation aimed at addressing the banking crisis, unemployment, and weak industrial performance, among other problems, through an “alphabet soup” of new laws and agencies.

3 0
4 years ago
Karolina owns a small diner, where she works full-time in the kitchen. Her total revenue last year was $100,000, and her rent wa
jasenka [17]

Answer:

Option c

Explanation:

Given:

Total revenue = $ 100,000

Rent for one month = $ 3,000

Total Rent paid in the year = $ 3000 × 12=$ 36,000

Amount paid to the employee per month = $ 2,000

Total amount paid to the employee in the year = $ 2,000 × 12 = $ 24,000

Per month cost of ingredient and overhead = $ 500

The total ingredient and overhead for the year = $ 500 × 12 = $ 6,000

Implicit cost for the year = $ 35,000

Therefore,

The total expenses = $ 36,000 + $ 24,000 + $ 6,000 = $ 66,000

Thus,

The economic Profit = Total Revenue - expenses - Implicit Costs

or

= $ 100,000 - $ 66,000 - $ 35,000

or

= - $ 1000

hence, the correct answer is option C

3 0
3 years ago
The ways in which the world's economies are linked
skelet666 [1.2K]
The internet links the Earth's economies.
5 0
3 years ago
Charles, the president of an IT company, is friends with Levi, the CEO of Cyber Industries, a company that develops and manufact
RoseWind [281]

Answer:

Insider Trading

Explanation:

Based on the information provided in regards to the situation at hand, it can be said that Charles is engaged in Insider Trading. Insider Trading is when an individual purchases stocks in order to make a profit using information that only a handful of people know about, gathered from private knowledge within a company. Which is exactly what Charles is doing.

7 0
3 years ago
Shen Company reports the costs incurred below for the month ended May 31. The company has no beginning Work in Process Inventory
Helga [31]

Based on the costs incurred by Shen Company, the schedule of costs of goods sold for manufactured goods is:

                                                                                 Total

Direct materials used                                            $6,300

Direct labor                                                             $4,390

<u>Manufacturing overhead                                      $7,560</u>

<u>Total cost                                                               $18,250</u>

Beginning WIP                                                            $0

Add: Cost during year                                           $18,250

Total manufacturing cost                                      $18,250

<u>Less; Ending WIP                                                   $(6,770)</u>

<u>Cost of goods manufactured                               $11,480</u>

<h3>What goes into the schedule of cost of goods manufactured?</h3>

Direct materials:

= 3,400 + 2,900

= $6,300

Direct labor:

= 4,000 + 390

= $4,390

Manufacturing overhead:

= 6,300 x 1.2

= $7,560

Find out more on the cost of goods manufactured schedule at brainly.com/question/22552308

#SPJ1

6 0
2 years ago
Read 2 more answers
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