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Jlenok [28]
3 years ago
11

Why is profit necessary for the economy to work effectively? What benefits might consumers gain when a company makes a profit?

Business
1 answer:
NISA [10]3 years ago
8 0
Profit is the whole purpose of starting a business, without profit there could be no real spending which fuels the economy.
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What is a reason people might travel, other than going to visit friends/relatives?
Juli2301 [7.4K]

Answer: Another reason people might travel is maybe for a vacation or get away or people also might travel for their work.

Explanation:

4 0
3 years ago
Read 2 more answers
Teresa purchased a necklace for $100 in 1964. In 2014, Teresa gave the necklace to her granddaughter, Lindsey.
padilas [110]

Answer:

d)$1,100 long-term capital gain

Explanation:

Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.

8 0
4 years ago
A downfall of the infant-industry argument is that
denis23 [38]
A downfall of the infant-industry argument is that o<span>nce established, a tariff is politically difficult to remove.
For new industries, it almost impossible for a new startup to compete against a well-established industry unless they have a unique differentiation in their product.</span>
8 0
4 years ago
In each diary kept by the owner/engineer's or contractor's personnel, entries should be made: A. to document every working day,
Sav [38]

According to the construction management principle, in each diary kept by the owner/engineer's or contractor's personnel, entries should be made "<u>to document every working day, whether any work is performed or not, or even if you did not go to the project site that day."</u>

<h3>Purpose of Site Diary in Construction Management</h3>

A Site Diary in Construction management is a record book written to document the daily activity of the construction site.

A well-written site dairy is expected to show all the delivered or missing services and materials during the construction projects.

Hence, in this case, it is concluded that the correct answer is option A.

Learn more about Site Diary here: brainly.com/question/1171958

4 0
3 years ago
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The jou
Olenka [21]

Answer and Explanation:

The journal entry is given below:

Work in process inventory Dr $100,000

   To raw material inventory $100,000

(being the usage of the direct material is recorded)

here the work in process is debited as it increased the assets and credited the raw material inventory as it decreased the assets

8 0
3 years ago
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