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andriy [413]
3 years ago
8

Economic theory is a valuable tool for business decision making because it:

Business
1 answer:
iVinArrow [24]3 years ago
3 0

Answer: The correct answer is "a) Identifies for managers the essential information for making a decision".

Explanation: Economic theory is a valuable tool for business decision making because it identifies for manager the essential information for making a decision since through certain assumptions about essential aspects, it allows managers to test and differentiate the possible results according to the relevant information that it provides to make a decision.

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Emily included the following passage in her report: "Other mid-price restaurants in the Chicago area have achieved phenomenal su
Ratling [72]

Answer:

Change "achieved phenomenal success" to "improved customer satisfaction."

Explanation:

This is because it has to do with customers services and from an end customer’s point of view to evaluate current perspectives, emerging needs and preferences, and it's impact on business outcomes.

8 0
3 years ago
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If the payment is not made on the credit card by the end of the billing cycle,
Anuta_ua [19.1K]

Answer:

A late fee will be charged.

Explanation:

hope this helped

7 0
3 years ago
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Main purpose or taxes is to
nlexa [21]
The primary purpose of taxation is to raise revenue to meet huge public expenditure. Most governmental activities must be financed by taxation. But it is not the only goal. In other words, taxation policy has some non-revenue objectives. so the answer is A.
4 0
3 years ago
2. At an oral auction for used car, half of all bidders have a value of $1,500 and half have a value of $1,900. What is the expe
Romashka [77]

Answer:  $1,700

Explanation:

The expected winning bid is the weighted average of the 2 different bids.

Half of the bids are for $1,500 so weight of $1,500 is 0.5.

Half of the bids are for $1,900 so weight of $1,900 is 0.5.

Expected Winning bid = (1,500 * 0.5) + ( 1,900 * 0.5)

= 750 + 950

= $1,700

7 0
3 years ago
Paris Company had common stock of $350,000 and retained earnings of $490,000. London Inc. had common stock of $700,000 and retai
Ganezh [65]

Answer: D. $2870000

Explanation:

Consolidated Assets are the assets that a company owes whether directly or indirectly through a subsidiary which will then be shown on the consolidated balance sheet of the company.

From the information given, the amount of total consolidated net assets will be calculated as:

= ($34000 × 35) + $700,000 + $980,000

= $1,190,000 + $700,000 + $980,000

= $2,870,000

8 0
3 years ago
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