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Kay [80]
3 years ago
13

____ is a loose, subjective measure of how well off an individual or society is in terms of obtaining want-satisfying goods and

services.
a. economic satisfaction
b. employment success
c. standard of living
d. standard of wealth
e. satisfaction economic factor
Business
2 answers:
VMariaS [17]3 years ago
7 0
I think it would be B - employment success but i would get another opinion first
loris [4]3 years ago
5 0

Answer:

The correct answer is letter "C": standard of living.

Explanation:

Standard of Living measures the well being of individuals within a society. It represents their perspective on how good their lives are according to the economy in reference to <em>wealth, acquisitions of goods, </em>and <em>comfort</em>. Typically, standards of living in developed countries are higher than in developing or sub developed nations.

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Modern economic growth:
jeyben [28]

Answer:

Makes a country's output per person rise at a compounded rate.

Explanation:

Modern economic growth has led to compound rate of financial development, or the compound development rate, and the output per person which is measured by GDP per capita. Modern Economic growth has made numerous changes and has helped to improve the output ratio per person. This implies that the speed of development is being doubled by a base that incorporates past GDP development, with substantial impacts after some time.

7 0
3 years ago
Return to question Item 1 Item 1 In its first year of operations, Roma Company reports the following. Earned revenues of $65,000
AlladinOne [14]

Answer:

Cash basis accounting  (record accounting transactions only when the corresponding cash is received or payments are made)

Revenues (cash receipts)          $57,000

<u>Expenses ($27,250+$11,750)    $39,000 </u>

Net income                                 $18,000

Accrual basis accounting  (record accounting transactions for revenue when earned and expenses when incurred)

Revenues (earned)                     $65,000

<u>Expenses (incurred)                   $35,500 </u>

Net Income                                $29,500

6 0
3 years ago
Applying the concept of marginal costs, how would you, as a business owner, decide how much to produce?.
saveliy_v [14]

To calculate marginal cost, divide the change in production costs by the change in quantity. The purpose of analyzing marginal cost is to determine at what point an organization can achieve economies of scale to optimize production and overall operations.

<h3>What is marginal cost?</h3>

The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.

According to the law of declining marginal utility, as consumption increases, the marginal utility obtained from each extra unit decreases.

Marginal cost is an important concept in economic theory because a corporation seeking to maximise profits will produce until marginal cost (MC) equals marginal revenue (MR) (MR). After then, the cost of creating an additional item will outweigh the money generated.

To know more about marginal cost follow the link:

brainly.com/question/11689872

#SPJ4

3 0
2 years ago
Tri Fecta, a partnership, had revenues of $362,000 in its first year of operations. The partnership has not collected on $46,400
OverLord2011 [107]

Answer:  $185,500

Explanation:

Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed

                                 = $362,000 - $46,400 + $42,000 + $30,000

                                 = $387,600

Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance

                                          = $200,000 - $38,600 + $28,100 + $2,700 + $9,900

                                          = $202,100

Ending cash balance = Total cash received - Total cash disbursement

                                   = $387,600 - $202,100

                                   = $185,500

8 0
4 years ago
Suppose that the increase in the fee from $8 to $16 reduces travel time in the central city from 30 minutes down to 20 minutes.
mart [117]
If your choices are the following:
a) $20
b) $12
c) $10
d) $8
<span>e) $5
</span>
Then the answer is letter e. 16-8 = 8 so this is the difference between the 10 minutes. So this means 8 is the best answer.
8 0
3 years ago
Read 2 more answers
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