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3 years ago

Consider the circular flow model to answer the questions that follow.

Business

1 answer:

Zarrin [17]3 years ago

6 0

Answer:

The answer is :

A. Resource market - income

B. Expenditure - product market.

Explanation:

A. Resource market - income

B. Expenditure - product market

The circular flow model shows how money moves through the economy in exchange for goods, services, and resources.

In circular flow of income, households provide inputs to firms through the resource market(matket where households supply land, labor, capital, and entrepreneurship) in exchange for money(income or wages).

Also in circular flow of income, firms receives expenditure from household and this type of market is called product market(which refers to a place where goods and services are bought and sold)

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Assume that the price for swimming pool maintenance services has risen and sales of these services have fallen. one can conclude

Scorpion4ik [409]

It can be concluded that the supply of swimming pool maintenance services has decreased. We can not say that the demand for swimming pool maintenance services has increased.It is not accurate to say things like the technology has advanced the swimming pool services. By means of the situation gievn, we can say that the maintenance services have decreased.

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3 years ago

Using the scrum method overcomes the issues of the traditional SDLC and guarantees that a project will produce a high-quality pr

jolli1 [7]

The term scrum is borrowed from rugby, wherein it is a formation of gamers.

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2 years ago

Which option is best described as a complementary good for computer hard drives?

Nutka1998 [239]

Answer: Computer monitor

Explanation:

A complementary good is a good that's used together with another good. A good example of a complementary good is a car and petrol since they are used together.

A complementary good for computer hard drives would be the computer monitor. The monitor simply looks like a television and it helps in showing the information which is being displayed.

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3 years ago

For the past year, Kayla, Inc., has sales of $46,382, interest expense of $3,854, cost of goods sold of $16,659, selling and adm

grandymaker [24]

Answer:

$15,266

Explanation:

Sales $46,382

Less: Cost of goods sold $16,659

Gross profit $29,723

Less: Selling & administrative expense $11,766

Less: Depreciation $6,415

Earnings before interest and tax (EBIT) $11,542

Less: Interest expenses $3,854

Earnings before tax (EBT) $7,688

Less: Tax expenses (7688*35%) $2,691

Earnings after tax $4,997

Operating cash flow = EBIT + Depreciation expenses - Tax expenses

Operating cash flow = $11,542 + $6,415 - $2,691

Operating cash flow = $15,266

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3 years ago

Justin is taking a class in which he is working on his future career goals. His teacher asked him to write an essay answering qu

morpeh [17]

Answer:

answer b

Explanation:

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2 years ago

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