1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alekssandra [29.7K]
3 years ago
11

True or false: suppose that the hypothetical country of paddyland has a chronic scarcity of rice, its staple grain. this implies

that if paddyland has a market economy, rice will be available only for a price.
Business
1 answer:
ValentinkaMS [17]3 years ago
3 0

If Paddyland was a true market economy with no government interaction, then a scarcity of rice would mean that the price of rice would go up until the level of supply and demand evened out.

You might be interested in
Prepare journal entries for each transaction and identify the financial statement impact of each entry.
madam [21]

Answer:

Cash (Dr.) $21,200

Common Stock (Cr.) $21,200

Cash (Dr.) $4,500

Services to client (Cr.) $4,500

Cash (Dr.) $11,200

Unearned Revenue (Cr.) $11,200

Cash (Dr.) $5,900

Accounts Receivable (Cr.) $5,900

Cash (Dr.) $11,000

Notes Payable (Cr.) $11,000

Explanation:

Adams services may record these transactions as journal entries. The transactions may have some changes after they are recorded then adjusting entries will be prepared to reflect the correct effect of transaction on business activities.

7 0
3 years ago
Find the difference in height between the top of a hill 973 feet high and a crack caused by an earthquake 79 feet below sea leve
s2008m [1.1K]
The difference in height between the hill 973 feet above sea level and the crack 79 feet below sea level is:

 

Difference in height = 973 - (-79)

 

Which is equal to 1052 feet.

4 0
3 years ago
The law of diminishing marginal utility:_______a) allows us to make interpersonal utility comparisons. b) tells us that an addit
Reika [66]

Answer:

A) allows us to make interpersonal utility comparisons.

7 0
3 years ago
Read 2 more answers
What is the name of the specific protection that the insurer provides to the policy holder
kupik [55]

Answer:

option D is correct answer

Explanation:

hope it's helpful for you

5 0
2 years ago
Read 2 more answers
Which of the following is an example of objective evidence?
Serhud [2]

Answer:

B. The physical count of securities and cash

Explanation:

An objective is the business's goal and in order to see that the quantity would need to be in a physical sense to see growth over time.

4 0
4 years ago
Other questions:
  • Privacy:_______.
    14·1 answer
  • Small-business investment companies (SBICs): a. take a more balanced approach in their choices than venture capital companies. b
    9·1 answer
  • Grand River Corporation reported taxable income of $600,000 in year 1 and paid federal income taxes of $155,000. Not included in
    9·1 answer
  • Donovan Company incurred the following costs while producing 500 units: direct materials $10 per unit, direct labour $25 per uni
    14·1 answer
  • Q 6.26: Howard Incorporated is determining ending inventory. In the inventory process, Howard inadvertently miscategorized a $6,
    11·1 answer
  • Tim wants to buy an apartment that costs $2,225,000 with an 85% LTV mortgage. Tim got a 30 year, 3/1 ARM with an initial teaser
    6·1 answer
  • In july, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing ov
    11·1 answer
  • . As you start consuming potato chips, your marginal utility is very high, but it begins to fall slowly until you've eaten 10 ch
    13·1 answer
  • Which of these is an advantage of checking accounts?
    6·2 answers
  • Which of the following would normally fall under general education requirements at a college?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!