Answer:
$3,475.75
Explanation:
the journal entries required to record the purchases are:
Dr Inventory 5,500
Cr Accounts payable 5,500
Dr Inventory 360
Cr Cash 360
Dr Accounts payable 2,475
Cr Inventory 2,475
Dr Accounts payable 3,025
Cr Cash 2,934.25
Cr Purchase discounts 90.75
Cost of inventory = $5,500 + $360 - $2,475 - $90.75 = $3,475.75
If choices are the following,
a. A heuristics
b. An algorithm
c. A mental set
d. Insight
then the choice (a) should be the correct answer. Heuristics is something that someone has already mastered for a long time that even one glance or sight he/she can determine what is the problem and be able to offer a solution. The above question is an example of familiarity heuristics.
Answer: produce the socially optimum amount of education
Explanation:
Spillover benefits simply refers to the free benefits which are gotten by third parties due to the actions of other people.
In this case, because education has spillover benefits, the private market will produce the socially optimum amount of education. This is the equilibrium achieved based on the spillover effects from the education.
The output level that reflects all the costs and benefits associated with a transaction i.e. it is the equilibrium that would be achieved if the market outcome reflects the effect of externalities.
Answer:
Procedural Group Norm.
Explanation:
The group norms are a set of guidelines that enables the group work according to them. These norms enables a group to work in a systemmaized manner and order.
The procedural group norms are those groups that follows the procedure of functioning. The procedural norms suggests that how a task will be carried out and what to do the next. This group consists of several procedural roles such as facilitator, recorder, etc.
The stated type of group exemplifies the 'procedural group norms.' As the guidelines are set for the group to first complete their individual tasks and then help other's who have not done their tasks.
So, the correct answer is the second option.
-25x+3