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lukranit [14]
3 years ago
7

Which of the following statements is correct?

Business
1 answer:
Kamila [148]3 years ago
5 0

Answer:

The correct answer is d. Different economic models employ different sets of assumptions.

Explanation:

To approach the study of economic reality it is necessary, in some way, to simplify it; keep certain variables under control. Precisely for this, it is that economic models are built.

Economic models are built on principles of departure, called "assumptions." Such assumptions fulfill the same role as the postulates in geometry. That is:

  1. They are not subject to deduction from other more basic principles.
  2. They are "reasonably" true but not necessarily verifiable.
  3. They function as premises in the logical structure to deduce the conclusions and correlations found in the lowest levels of generality.

We can say then, that the theoretical explanations refer to invisible "relationships", whose existence is proposed by the theory, and whose implications are logically deduced, and then corroborated by observations. They consist of:

  1. Assumptions (eg subjects want to maximize their earnings).
  2. Relevant variables (eg price and quantity).
  3. Binding hypothesis (eg quantity demanded based on price).
  4. Conclusions or predictions of observable facts (eg prices will rise).
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Prepare journal entries for each transaction and identify the financial statement impact of each entry.
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Answer:

Cash (Dr.) $21,200

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Accounts Receivable (Cr.) $5,900

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Explanation:

Adams services may record these transactions as journal entries. The transactions may have some changes after they are recorded then adjusting entries will be prepared to reflect the correct effect of transaction on business activities.

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3 years ago
Transcultural global ethics always maintains the value of human rights. Have Google’s operations been consistent with the value
sp2606 [1]
Many activists and watchdogs argue that Google has not always done enough to promote or even protect human rights around the world. This is usually the result of efforts by Google to market its search engine in nations like China, where the state has an interest in maintaining censorship of search results. The project, known as Dragonfly, was recently abandoned by Google.

In recent years, Google was among the companies that faced criticism for marketing an app that allowed men in Saudi Arabia to track the locations of their wives by using their cell phones. This was seen as an affront to women's rights, and the company withdrew the product after criticism from the media and shareholders. Google's interest in artificial intelligence has also led to criticism about its commitment to ethical practices and to human rights.

At the same time, there is no doubt that Google has expanded people's access to information and to many other online services around the world. It has made several global public statements against censorship. Its most vocal critics, indeed, have pointed to its previous stands for free access to information in pointing out the hypocrisy of Dragonfly and other ventures.
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Broker Nina and Broker Vesta work for Principal Broker Griffin. Vesta is working with Marlin, who is interested in purchasing a
Kay [80]

Answer:

B) Single agency.

Explanation:

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3 years ago
Bob owns a trout farm with monopoly power in north carolina. bob's optimal output occurs where marginal revenue ________. becaus
VladimirAG [237]
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3 years ago
Which of the following accounts may appear on a post-closing trial balance? Question 8 options: A. Cash, Salary payable, and Ret
Kryger [21]

Answer:

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Explanation:

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So, the most appropriate option is A.

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