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Pavel [41]
3 years ago
5

For many years a mainstay of the economy in Seattle, Washington was commercial fishing. Many people not employed in the fishing

industry were employed providing goods and services to fishermen. This is an example of __________.
Business
1 answer:
Stells [14]3 years ago
7 0

Answer: The above is an example of a basic employment generating nonbasic employment.

Explanation: Basic employment is employment as a result of businesses that operate on a very large scale, and usually these businesses export their products outside the location where they are because they can more than meet the demand of that locality.

As seen in the question above, where fishing is the mainstay of the economy of Seattle. This means the fishing industry in Seattle can meet the demand of Seattle and still have commercial quantities for export.

Non-basic employment often refers to small businesses who offer services to the local customers.

In the case of the question above, the fishing industry has brought about a rise in small businesses, these small businesses will make profit from meeting the needs of the fishermen.

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__________ achieves company growth by increasing sales of current products to current market segments without changing the produ
BaLLatris [955]

Market penetration achieves company growth by increasing sales of current products to current market segments without changing the product.

<h3>What is market penetration?</h3>

In economics, the term market penetration is used to denote the extent to which the people in the market would recognize and also have to buy a particular product. It is the successful selling of the product in the market by the produces to the consumers of the product.

Hence we can say that Market penetration achieves company growth by increasing sales of current products to current market segments without changing the product.

Read more on market penetration here: brainly.com/question/1172265

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8 0
1 year ago
Which statement applies to the commodities exchange?
svetlana [45]

Answer:try D

Explanation:

3 0
3 years ago
Margin of Safety The Ira Company has sales of $800,000, and the break-even point in sales dollars is $664,000. Determine the Ira
attashe74 [19]

Answer:

17%

Explanation:

Margin of safety = (sales - sales at break-even point ) / sales × 100 = $ 800 000 - $ 664 000 / $ 800 000 × 100  = 17%

7 0
3 years ago
A transaction that is likely to cause an increase in a current liability is: Multiple Choice payment of accrued wages. accrual o
BartSMP [9]

Answer:

The correct answer is accrual of interest expense.

Explanation:

Interest expense is an expense you incur when you borrow money. The lender charges you a specific interest rate that is expressed in your loan document. As time passes, you are charged interest on the amount you borrowed. You may have to calculate the simple or compound interest on your loan depending on how it is structured. If the loan is for business, you will enter interest expenses in your accounting records.

8 0
2 years ago
You are trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municipal b
FinnZ [79.3K]

Answer:

D.

Municipal bond because the equivalent taxable yield is 6.6%

Explanation:

we should make the important difference that municipal bonds are tax free while corporate bonds don't.

Therefore we should solve for the after tax rate fo the corporate bond:

pretax (1-t) = after tax -rate\\0.0625(1-0.28) = 0.0625(0.72) = 0.045

The corporate bond as a yield of 4.5% after taxes which is lower than the municipal bond. This make it more attractive

We can also solve for the pre-tax rate of the municipal bond:

pretax(1-t) = after tax - rate\\pretax (1-0.28) = 0.0475\\pretax = 0.0475/0.72 = 0,065972 = 0.066

the municipal bonds would be equivalent to a 6.6% corporate bonds.

This makes option D correct.

6 0
3 years ago
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