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Alex17521 [72]
3 years ago
6

What is the role of the three questions of economics?

Business
2 answers:
expeople1 [14]3 years ago
5 0
The role of three question of economics is to act as the basic principle of production decision making. "What to produce", "How to produce", and "For whom it should be produced" are the three basic questions of economics. We have to consider the type of product, the method of producing it, and the consumer when making a production decision<span>.</span>
I am Lyosha [343]3 years ago
5 0

on e 2020 its b. to aid in production decisions

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Which of the command systems would be the most appropriate when there are six victims at a mvc?
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Singular command. In a motor vehicle accident with multiple victims, the scene will be chaotic and having a single, clear leader will best help resolve the situation.

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3 years ago
When the economy is in short-run equilibrium, Group of answer choices there are increases in inventory. people want to buy more
deff fn [24]

Answer:

total expenditures equal total production.

Explanation:

In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production

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3 years ago
Ale Corporation had net income of $240,000 and paid dividends to common stockholders of $40,000 in 2017. The weighted average nu
Aneli [31]

Answer:

The price earnings ratio is 19:1

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Price earnings ratio = Price per share / Earnings per share

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Earnings per share = 240000 / 60000 = $4 per share

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7 0
3 years ago
Read 2 more answers
Describe a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests o
timurjin [86]

Answer:

An example of a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests of a client is a delay in duration for completion of a project.

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Explanation:

An IT consultant saddled with the responsibility of developing a website for a client could have a disagreement with the client if he does not deliver on the job as at when due.

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7 0
3 years ago
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Answer:

Option B Change in accounting principle; retrospectively; required.

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The reason is that the change is policies are considered in the international accounting standard IAS-8 Accounting policies, estimates and correction of errors. The standard says that the change in depreciation method is considered as a change in accounting policy which must be treated as retrospectively which means that the adjustments must be made to all the previous years using the same depreciation and must reflect the change in Changes in Wquity statement. This change in accounting policy as per the requirement s of the standard, must be disclosed in the notes to financial statements. Furthermore the changes in equity must only be opted if it increases the truth and fairness of the financial statement.

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