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Anettt [7]
3 years ago
7

Why do markets exist?

Business
2 answers:
xenn [34]3 years ago
5 0
To provide a place for people to trade goods and services
padilas [110]3 years ago
4 0
Markets exist to provide a place for people to trade goods and services. It makes life more convenient as you would go to one place to find what you need instead of scouting the town or city for goods/services.
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Your parents have made you two offers. The first offer includes annual gifts of $10,000, $11,000, and $12,000 at the end of each
Diano4ka-milaya [45]

Answer:

$28,216

Explanation:

The computation of the minimum amount that you will accept today i.e present value is shown below:

Year            Cash flows          Discount factor                Present value

1                   $10,000.00 0.9259259259           $9,259.26

2                  $11,000.00         0.8573388203           $9,430.73

3                  $12,000.00 0.793832241                   $9,525.99

Total present value                                                          $28,215.97

The discount factor should be computed by  

= 1 ÷ (1 + rate)^years

     

6 0
3 years ago
All else equal, imposing taxes in markets where demand and supply are price- not only causes less but also raises more .
anygoal [31]

All else equal, imposing taxes in markets where demand and supply are price inelastic not only causes less inefficiency but also raises more revenue.

What is meant by price inelastic?

Inelastic is an economic term referring to the static quantity of a good or service when its price changes. Inelastic means that when the price goes up, consumers' buying habits stay about the same, and when the price goes down, consumers' buying habits also remain unchanged.

What is inefficiency in business?

Inefficiency is defined as a lack of organization or skill that wastes time, energy, or money. For business owners, it is the practice that sparks a worst-case scenario. Every penny spent on tools and software to make the business run smoother is the cost of running an efficient organization.

What do revenue means?

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Revenue, also known as gross sales, is often referred to as the "top line" because it sits at the top of the income statement. Income, or net income, is a company's total earnings or profit.

Learn more about demand and supply:

brainly.com/question/20072354

#SPJ4

6 0
1 year ago
On January 1, 2018, equity account balances are as follows: Preferred Stock $ 500,000 Common Stock 1,000,000 Paid-In Capital in
Ludmilka [50]

Answer:

a. debit to Paid-In Capital From Treasury Stock of $155,000

Explanation:

Treasury Stock purchase 25,000 shares = $762,500

Per share value = $762,500/25,000 shares

Per share value = $30.5

Selling price of 10,000 treasury stock = $15 × 10,000 = $150,000

Purchase price of 10,000 treasury stock = $30.5 × 10,000 = $305,000

The deference between sales and purchase of treasury stock = $155,000

Therefore, option A is the answer because paid-In Capital From Treasury Stock becomes a debit due to selling the stock in low price.

4 0
3 years ago
What words come to mind, both positive and negative, when you think about budgeting?
Svetlanka [38]

Answer:

Positive:

-Managing money

-Saves money for other things

Negative:

-May be hard to budget if you need a lot

Hope this helps! These are just what come to mind in my opinion.

4 0
2 years ago
Bob, a salesperson at a Carpets Galore store, tells Dita, a customer, "Buy your carpet here, and I'll install it for half of wha
monitta

Answer:

Duty of Loyalty

Explanation:

  • The duty of loyalty, described as a duty, is the duty of a person to act in the best interests of their company, which is not to waste when the individual sees corporate opportunities for their personal benefit, avoid personal interest in transactions between the company and other parties, and keep company information private. .
  • The duty of loyalty that can be seen when Bata engages himself in an interested transaction for the sale of the carpet.

3 0
2 years ago
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