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Rus_ich [418]
3 years ago
6

What type of questions can be answered with economic tools without interjecting any value judgment as to whether the particular

outcome is desirable or harmful
Business
1 answer:
frosja888 [35]3 years ago
5 0

Answer:

Positive questions.

Explanation:

Positive questions is a type of questions that can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful.

Hence, positive questions in economics are primarily fact based and objective, thus the statements (questions) are descriptive, concise, clearly measurable, precise and without any value judgment.

For instance, asking if education trust funds by the government increases public expenditures is an example of a positive question.

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Big Tommy Corporation is a local grocery store organized seven years ago as a corporation. The bookkeeper prepared the following
Natali [406]

Answer:

                        Big Tommy Corporation

      Profit and Loss for the year ended December 31

Sales                                                                         404,000

Cost of Goods Sold                                                 279,000

Gross Profit                                                               125,000

<em>Operating Expenses:</em>

Salaries and Wages Expense                   58,000

Office Expenses                                         16,000

Travel Expenses                                           1,000    75,000

Operating Income:                                                     50,000

Non-Operating Expenses

Income Tax Expense                                 15,000     15,000

Net Income                                                                 35,000

Explanation:

Multistep income statement makes a clear distinction on Operating Incomes and Expenses and Non-Operating Incomes and Expenses

Operating income is Profit generated from Primary activities of the company

Non-Operating Incomes and Expenses do not relate to the Primary activities of the firm.They occur as a result of secondary activities.

7 0
3 years ago
Soda and pizza are complements because they are often enjoyed together. When the price of soda rises, what happens to the supply
almond37 [142]

Explanation:

In the case of the complements goods, if the price of the soda rises, the demand would be decreased and the supply would rises. Since the soda and pizza are complementary goods so the impact of one good would be the same for another good also

Moreover, we also know that the price and the demand has an inverse relationship but the price and the supply has a direct relationship

6 0
3 years ago
You are looking at three different job options, one in Pennsylvania, one in Texas, and one in New York. The offers are as follow
tamaranim1 [39]

Answer:

Texas will be a better option as the net pay after income tax is higher than the other cities.

Explanation:

To consider the after-tax wages we must subtract the income taxes from the salaries:

Pennsylvania after tax income: 62,000 x (1-3.07%) = 60,096.6

Texas after tax income:                                                 64,000

New York after tax income:   68,000 x ( 1 - 6.85%) =  63,342

5 0
3 years ago
you are driving lyou are driving on a two-lane highway behind a large vehicle that you want to pass to ensure you can see ahead
Paha777 [63]

Answer: You should wait until the road is straight and completely clear of cars, obstructions, animals, etc before passing.

Hope this helps!   :)

Explanation:

7 0
3 years ago
Which of the following is a rule of thumb for cell phone or smartphone etiquette?
Makovka662 [10]
I would have to say D. all of the above
8 0
3 years ago
Read 2 more answers
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