All categories

2 years ago

_____________ is the act of obtaining a desired object from someone by offering something in return.

Business

1 answer:

Vaselesa [24]2 years ago

8 0

Exchange

<span>Exchange is simply the act of the of giving and receiving between two individuals or two groups. A trade is a typical example of an exchange. For instance, if a farmer gives a fixed number of eggs to another farmer for a fixed quantity of cow’s milk, this is an exchange. Similarly, if a house guest offers to cook and clean in return for free accommodation, this is an exchange. </span>

You might be interested in

I want to take a survey of students at my university to find out what proportion like the new bus service on campus. how many wi

laiz [17]

Answer:

N = 3,120 (Approx)

Explanation:

Given:

z- score for 99% confidence = 2.58

Proportion (P) = 75% = 75 / 100 = 0.75

E = 2% = 0.02

Q = 1 - P = 1 - 0.75 = 0.25

Computation:

$N = (Z/E)^2 \times pq$

$N = (2.58/0.02)^2 \times (0.75 \ times 0.25)$

$N = (129)^2 \times (0.1875)$

$N = (16,641) \times (0.1875)$

$N = 3,120.1875$

Therefore, N = 3,120 (Approx).

5 0

2 years ago

Producers of Ocean Spray cranberry products decided to make Craisins (and dried cranberry snack food) available in convenience s

mylen [45]

I don’t know what your saying I’m confused I’m sorry

3 0

2 years ago

Finerly Corporation sells cosmetics through a network of independent distributors. Finerly shipped cosmetics to its distributors

hjlf

Answer:

Explanation:

Finerly should recognize $0 of revenue upon delivery to distributors. Because of the uncertainty of the returns due to the fact that Finerly does not know if it will have to accept the cosmetics back from the distributors if the cosmetics are not sold, Finerly cannot or should not recognize revenue until it either can estimate in a better way its returns or when the sales actually occur.

7 0

3 years ago

A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mo

Marianna [84]

Answer: Third

Explanation:

Diminishing returns to labor refers to the phenomenon where every additional worker leads to an increase in production at a decreasing rate.

Using the scenario described, when there was only one employee the company could mow 4 lawns a day. They added a 2nd worker and that figure went to 9 lawns a day which is an increase of FIVE.

When they added a 3rd worker, the figure again went up but only to 12 which is an increase of THREE only as opposed to the last increase of FIVE.

After the third worker therefore, there was an increase but at a smaller rate.

7 0

3 years ago

Abba, Inc. is considering dropping a product line. During the prior year, the line had sales of $207,000 and a contribution marg

damaskus [11]

Answer:

Overall net income will decrease by $34,000.

Explanation:

Calculation to determine net operating income

Using this formula formula

Net operating income=Contribution margin -Avoidable costs

Where,

Contribution margin =$124,000

Avoidable costs= Salaries $60,000

+Advertising $20,000+Administrative expenses $10,000

Let plug in the formula

Net operating income=$124,000-($60,000+$20,000+$10,000)

Net operating income=$124,000-$90,000

Net operating income=$34,000 Decrease

Therefore If this product line is dropped overall net operating income will:decrease by $34,000

8 0

2 years ago