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sleet_krkn [62]
3 years ago
9

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

Business
1 answer:
Vaselesa [24]3 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>

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What is a negative externality? Group of answer choices 1. Harm from economic activity that affects persons not involved in the
alukav5142 [94]

Answer:

Option 1 is correct.

Explanation:

There are two types of externality:

(i) Negative externality

(ii) Positive externality

Negative externality:

Suppose there is an economic transaction initiated between the two partners and this transaction reduces the consumption of third person, then this is known as the negative externality.

For example: Smoking is one of the example of negative externality. Smoking a cigarette is not only present in the consumption bundle of a person who smokes but it also affects the health of the other person who stands near that person. So, it reduces the consumption of non smoker.

3 0
2 years ago
What should the priority be for insurance coverage? A. You should buy it only after you've paid all other household expenses. B.
Oksi-84 [34.3K]
The best and most correct answer among the choices provided by the question is the third choice. A priority for an insurance coverage would be that a planned expense for which you budget. <span>I hope my answer has come to your help. God bless and have a nice day ahead!</span>
7 0
2 years ago
hen calculating the cost of direct materials on the schedule of cost of goods manufactured, the cost of indirect materials is __
Kisachek [45]

It should be noted that When calculating the cost of direct materials on the Schedule of Costs of Goods Manufactured,

The  cost of indirect materials must be Subtracted from raw materials used in production.

<h3>What are Direct material costs ?</h3>

Direct material costs  can be regarded as those cost of the raw materials as well as those components used in making the product.

Therefore, the cost of indirect material is required to be Subtracted from raw materials used in production.

learn more about Direct material cost at:

brainly.com/question/25790358

7 0
2 years ago
"Our workers are all under labor contracts; therefore, our labor rate variance is bound to be zero." Discuss.
ipn [44]

"Our workers are all under labor contracts; therefore, our labor rate variance is bound to be zero." : Several factors other than the contractual rate paid to workers can cause a labor rate variance. For example, skilled workers with high hourly rates of pay can be given duties that require little skill and that call for low hourly rates of pay, resulting in an unfavorable rate variance. Or unskilled or untrained workers can be assigned to tasks that should be filled by more skilled workers with higher rates of pay, resulting in a favorable rate variance. Unfavorable rate variances can also arise from overtime work at premium rates. What effect, if any, would be expected poor-quality materials to have on direct labor variances? 10-10. If poor quality materials create produced.

What are labor and example?

The definition of labor is physical or mental work or effort. An example of labor is studying hard for a test. An example of labor is a woman giving birth to a baby. Labor includes both physical and mental work undertaken for some monetary reward. In this way, workers working in factories, the services of doctors, advocates, ministers, officers, and teachers are all included in labor.

Labor represents the human factor in producing the goods and services of an economy. finding enough people with the right skills to meet increasing demand. This often results in rising wages in some industries.

learn more about labor here

brainly.com/question/453055

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3 0
1 year ago
On August 5, 2021, Carla Vista Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining
emmainna [20.7K]

Answer:

$15,592

Explanation:

Calculation to determine what The amount of cash received by Carla Vista furniture is

Cash received =[(20 × $920)*(100%-7%)] - $670 - $850

Cash received=($18,400*93%)-$670-$850

Cash received=17,112-$670-$850

Cash received=$15,592

Therefore The amount of cash received by Carla Vista furniture is $15,592

4 0
3 years ago
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