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saveliy_v [14]
3 years ago
8

Which of the following statements is true a. ​in market equilibrium there are unconsummated value-creating transactions b. ​in m

arket equilibrium there are unconsummated wealth-destroying transactions c. ​in market equilibrium there are no unconsummated wealth-creating transactions d. ​none of the above
Business
2 answers:
qaws [65]3 years ago
8 0

Answer:

The correct answer is letter "C": ​in market equilibrium there are no unconsummated wealth-creating transactions.

Explanation:

Market equilibrium is the point at which the quantity demanded and the quantity supplied of a good and service coincide at a certain price. Neither supply or demand is in excess. In front of excessive supply, prices are brought down and when there is an excess of demand prices rise. Though, in market equilibrium, <em>the exchange of goods and services does not create any unconsummated wealth.</em>

Svetlanka [38]3 years ago
5 0

Answer: C. ​in market equilibrium there are no unconsummated wealth-creating transactions

Explanation:Market equilibrium is a term in Macroeconomics used to describe the price at which the Quantity of goods demanded is equal to the Quantity of goods supplied.

Wealth-creating transactions are money making transactions, these transactions are those that takes place and are paid for.

IN A MARKET EQUILIBRIUM THE QUANTITY OF GOODS DEMANDED IS EQUAL TO THE QUANTITY OF GOODS SUPPLIED MAKING THE ECONOMY TO HAVE NO UNCONSUMMATED WEALTH-CREATING TRANSACTIONS.

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Answer:

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Explanation:

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Private cost = 0.50 + 1 + 0.75 + 2.50

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evablogger [386]
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On February 15, Jewel Company buys 7,300 shares of Marcelo Corp. common stock at $28.56 per share plus a brokerage fee of $400.
andriy [413]

Answer:

A. Debit Cash $8,614; credit Dividend Revenue $8,614.

Explanation:

The journal entry for recording the dividend as on April 15 is shown below:

On April 15

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4 0
3 years ago
Deferral adjustments are needed when the business:_______
Mnenie [13.5K]

Answer: b. pays cash before the expense has been incurred.checked

d. receives cash before the revenue has been generated

Explanation:

Here is the complete question:

Deferral adjustments are needed when the business:

a. pays cash after the expense has been incurred.unchecked

b. pays cash before the expense has been incurred.checked

c. receives cash after the revenue has been generated.unchecked

d. receives cash before the revenue has been generated.

Adjustments are made during the end of every accounting period in order to report the revenues and the expenses in proper period at which they occur and also in order to report the assets and the liabilities at their appropriate amounts.

Deferral adjustment is when the revenue or the expense has been deferred or postponed and will therefore be reported on the income statement at a later period.

Previously deferred amounts will show on the balance sheet when a company pays cash before having to incur the expense or in a case whereby the company gets and collects cash before earning the revenue.

When revenues are made or when expenses are incurred, the previously deferred amounts will have to be adjusted and then, the amounts will be transferred to income statement through the use of the deferral adjustment.

5 0
3 years ago
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Brums [2.3K]

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Explanation:

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