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4 years ago

Why was money scarce when crops produced a good profit? savestylesformat instructions?

1 answer:

5 0

<span>Although a profitable surplus of products was maintained, money was as scarce in the colonies as it was in England. Whenever gold or silver was earned from exported products, it had to be sent to England to pay debts or to import needed goods. This produced an environment where money was scarce even despite the decent profit earned from crops.</span>

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Name one alternate option to establish credit if you are unable to get a credit card.

katen-ka-za [31]

Answer:

Option D

Explanation:

Shop credit cards have similar functions as conventional credit cards. Through the account you make payments that can be paid out over period. Most retailers may provide rewards if you place an order with the credit card, or they can provide bonuses such as extra time back for your next order.

Yeah, in general words. Department stores cards appear to be safer than other unsecured loan cards issued by large credit card providers to just get accepted for. A discount card is not only affecting your ratings but plummeting your credit use. If you file for fresh credit, once the lender takes one of any credit files you usually get slapped with a rough request.

8 0

3 years ago

Read 2 more answers

Started businesse with cash rs 5000 and bank balance rs 10000

notka56 [123]

Answer:

maybe he earned 5000 more

Explanation:

5000+5000=10000

8 0

3 years ago

Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. Of

JulijaS [17]

Answer:

Equivalent unit of conversion = Unit completed and transferred out+Ending WIP*Percent completion

= 15000+(3000*75%)

Equivalent unit of conversion = 17250

Total cost of conversion cost = 4500+32450+18710 = 55660

Cost per equivalent unit of conversion Cost = Total Cost/Equivalent unit = 55660/17250 = 3.23

6 0

3 years ago

ABC company received a special order for 5000 untis at a sales price of 10 per unit. ABC normally sells these for 12 each. Each

slamgirl [31]

Answer:

The increase in pre-tax income 20,000

Explanation:

The fixed cost of production would remain the same whether or not the special order is taken, hence, irrelevant for the decision at hand.

The sale price for the special order=10

the variable cost per unit=6

contribution margin per unit from special order=10-6=4

The increase in pre-tax income=total contribution margin from special order

The increase in pre-tax income=5000*4

The increase in pre-tax income=20,000

Hence, accepting the order is worthwhile.

4 0

3 years ago

Firms A and B plan to collude in an economy for their similar products, which includes the grim strategy for punishment. They p

denis-greek [22]

Answer: C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50.

Explanation:

Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, then Firm A will reduce the price to $7 causing Firm B to reduce its price to $4.50.

Since Firm A reduces the price to $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.

3 0

3 years ago