Answer:
The correct answer is B
Explanation:
Marketing opportunity is the opportunity which is a lead of sales accepted and qualified as need of the service or the product. The sales representative states the opportunity for selling to the company or an individual.
So, it is an example for capitalizing as well as identifying the opportunity in the market while the strategic window is open.
Answer:
The correct answer is the first option: Because of our limited incomes conflicting with our insatiable wants for goods and services.
Explanation:
To begin with, in the microeconomics theory, the individuals agents that are the consumers are all the time trying to satisfy their needs due to the fact that there is an unlimited desire for goods and services that keep continue to grow all the time and that conflicts with the fact that most of the people have only few and limited resources to get the necessary income to obtain all of those goods and services. That is why that the consumers always look for the way to maximize their satisfaction according to the available income that they have with the purpose to spend it on those goods and services.
Answer:
Explanation:
The journal entries are shown below:
On October 1
Dividend Declared A/c Dr $650 (2,600 shares × $0.25)
To Dividend payable A/c $650
(Being dividend is declared)
On October 15
No entry is required
On October 31
Dividend payable A/c Dr $650
To Cash A/c $650
(Being dividend is paid for cash)
Answer:
Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.
Economics, anthropology, psychology, sociology, and political science all study human behavior. economics differs from these other social sciences because it also addresses these three key concepts: Optimization, equilibrium, and empiricism.
Economics is defined as the management of financial matters in communities, businesses, or families. An example in economics is the US stock market system. 1: The way goods and services are produced, sold, and used in a country or region. the economy of the city. 2 : Careful handling of money and goods: Thriftiness Thriftiness and self-restraint allowed them to live on a low income.
Economic problems affect our daily lives. These include topics such as taxes and inflation, interest rates and wealth, inequality and emerging markets, energy, and the environment. Hmm, complicated. But essentially the economy works by allocating scarce resources to individuals and businesses. A series of markets in which goods and services are exchanged and enabled by capital together form an economy.
Learn more about economics here
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