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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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Clear Co.’s trial balance has the following selected accounts: Cash (includes $10,000 in bond-sinking fund for long-term bond pa
Tasya [4]

Answer:

Explanation:

The computation of the amount that is reported as a total current assets is presented below:

                                                    Clear Co's

Current assets

Cash                                                  $40,000   ($50,000 - $10,000)

Accounts Receivable                       $20,000

less-Allowance for doubtful debts - $5,000

Deposits from customers                 $3,000

Merchandise Inventory                     $7,000

Unearned rent                                    $1,000

Investment in trading debt securities $2,000

Total amount                                      $68,000

6 0
3 years ago
In​ 1914, Henry Ford increased the wage he paid workers in his car factory in​ Dearborn, Michigan to​ $5 per day. This wage was
Talja [164]

Answer:

<em>d. workers are motivated by higher wages to work harder.</em>

Explanation:

If <em><u>workers are been motivated by giving them a higher daily income to make them work harder</u></em>.

If the company wants to manufacture products and earn money, then the company have to see that my workers are happy or not, because in the company the workers are the assets. <em>So if the company provide the workers high daily wage, then the workers will work harder and give their hundred percent on the field.</em>

<em></em>

3 0
3 years ago
Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C
MrRissso [65]

Answer:

82,500

Explanation:

The computation of the minutes of grinding machine required to satisfy demand is shown below

= (4,800 units × 4.60 + 4,800 units  × 6.10 + 3,800 × 5.10 + 2,800 × 4.20)

= 22,080 + 29,280 + 19,380 + 11,760

= 82,500

We simply multiplied the Grinding minutes per unit with the Monthly demand in units and the same is to be considered above

7 0
3 years ago
Charlotte Newsom worked as a cashier at a store. One day she was told to report to the manager's office, where she was accused b
Dafna1 [17]

Answer:No, because the staff members only threatened to arrest her if she left, and that she was free to leave at any time.

Explanation: False imprisonment is an intentional tort, defined under tort law as an act of restraining someone in a bounded area without any authority.

Bounded Area

- It can be a physical barrier such as locking someone where they can't get out,it involves using physical force to keep that person in that area. The bounded are is characterized by limited room for movement in any direction. If one can easily find means to escape from that area , without getting hurt this means the area is not bound but if there is a chance of getting physically harmed when one tries to escape then the area is bounded. Charlotte was in manager's office ,which has no limited movement.

A threat to harm this person or their family would also be counted as a bounded area.

A mere threat to imprison doesn't count as false imprisonment like in Charlotte was only threatened that if she leaves she will be arrested but we don't sense any sign that she will be injured if she left . The court always consider if the person had any fear that they will be injured if they left the place.

6 0
3 years ago
"A customer holds 1,000 shares of ABC stock valued at 80 in a margin account. The debit balance in the account is $35,000. ABC d
Sedaia [141]

Answer: Reduction of cost basis per share

Explanation:

It should be noted that Under IRS rules, when stock dividends are being received, they are not taxable at that particular time as shareholders haven't gotten any return from the stock yet.

The Stock dividend will then lead to reduction in cost basis per share. Therefore, based on the scenario in the question, the tax consequence of the distribution to the investor will be reduction of cost basis per share.

4 0
3 years ago
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