Answer:
220
Explanation:
Let us assume the adult ticket be X
And, the student ticket be Y
So, the first equation is
X + Y = 360
So, Y = 360 - X
Now the second equation is
5X + 3Y = $1,360
Now put the Y value to the above equation
5X + 3 × (360 - X) = $1,360
5X + 1,080 - 3X = $1,360
2X = $1,360 - $1,080
2X = $280
X = 140
Now the X + Y = 360
So, Y equal to
= 360 - 140
= 220
Answer:
TRUE
Explanation:
A good way to think about it is that industry, a general term for businesses engaging in productive practices, is concerned with the production of goods. These are the goods that are demanded by consumers. So as 'industry' is supplying those goods, it must be on the supply side of the market
Answer:
C. Samuel Slater
Explanation:
Samuel Slater is considered one of the fathers of the american industrial revolution, was the first british that took the technology used in England to be applied in american territory.
In Pawtucket he ran a mill in association with his son in law were was developed the first mill that used water for producing energy and used with industrial purposes.
Answer:
The primary difference between product markets and factor markets is that:
Product markets are markets related to products, goods, tangible finished items. This is where you'll get your product for sale and where people will buy it.
while
Factor markets are for the factors of production, mostly intangible, like labor, capital and entrepreneurial skills. This is what you'll use (including raw materials) to make your product.
Answer:
e) All temporary accounts are closed but permanent accounts are not closed.
Explanation:
At the time of the closing entries, the temporary accounts are closed instead of all other accounts. The temporary accounts include revenues account, expenses account, dividend paid account, ultimately income summary account
These accounts are closed so that the amount of these accounts should be carried forward to the next accounting period. The amount would always be zero, And in every accounting period, these accounts are closed.