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4 years ago

True or false: households sell finished products to businesses.

1 answer:

4 0

The answer is false! Businesses make finished products and then proceed to sell them back to the households once they have a completed product. On the other hand, households are able to provide resources such as capital, cars, or land to the businesses. This is an ongoing cycle where the household provides the needed resources, the businesses utilize those resources into finished products, and then sells the finished products back to household consumers.

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Chris runs a small business. She always seems to come up with original and effective new ideas. As an entrepreneur Chris is high

N76 [4]

Answer: Innovative

Explanation:

(of a product, idea, etc.) featuring new methods; advanced and original.

"innovative designs"

(of a person) introducing new ideas; original and creative in thinking.

"an innovative thinker"

4 0

3 years ago

Brazil, Russia, India, China, and South Africa, also known as BRICS, are emerging countries poised to be dominant economic playe

USPshnik [31]

Answer:

Major challenges are wars and conflicts, reduced investments and reduced trade is hindering the economic development.

Explanation:

The BRICS economy is in the major economy in the world. It has an economy of manufacturing, services, and raw materials. The contribution of the BRCS economy is bout 30% of the world economy as of 2014.

8 0

3 years ago

In an oral auction where the bidders' values are $400, $500, $650, $800 and $850, the highest two bidders form a bid-rigging car

gayaneshka [121]

In an oral public sale in which the bidders' values are $four hundred, $500, $650, $800, and $850, the very best two bidders shape a bid-rigging cartel. the winning bid in this auction is 651 greenbacks.

If there may be no cartel, the winning bid might be any quantity slightly extra than $800, say $800.01 due to the fact the bidder with the best valuation needs to bid a price this is extra than the alternative bids. however due to the fact, that there may be a cartel among bidders with a valuation of $800 and $850, they need to put up a bid this is barely extra than $650 with a view to winning the auction. In this sense, the triumphing bid is 651 greenbacks.

if you make the triumphing bid on an object, you provide the highest fee and get to take it home. Congratulations, and revel in your new paperweight! The bid comes from an antique English word that means “to provide,” that's right consistent with what that means these days. triumphing Bid manner the very best bid obtained and widespread (and if subject to vendor's affirmation, confirmed by using vendor).

Learn more about winning bid here: brainly.com/question/19559630

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8 0

2 years ago

Suppose GDP in an economy is $3,542 billion. Personal Consumption Expenditures (C) are $2,343 billion, Government Spending (G) i

aleksandrvk [35]

Answer: -$45 billion.

Explanation:

Net Exports refers to Exports out of a country less imports into the country and it is a component of GDP using the Expenditure method. The other components include Government Spending, Investment and Consumption all of which are given in the above question.

The Net Exports are therefore;

GDP = Consumption + Investment + Government Spending + Net Exports

3,542 = 2,343 + 865 + 379 + Net Exports

3,542 = 3,587 + Net Exports

Net Exports = 3,542 - 3,587

Net Exports = -$45 billion

The Net Exports are negative which means that more goods were imported than were exported.

6 0

3 years ago

Prepare the December 31 entry for Pina Corporation to record amortization of intangibles. The trademark has an estimated useful

Naily [24]

Answer and Explanation:

The journal entry is as follows;

Amortization expense $1,585 ($16,400 - $3,720) ÷ 4 years × 0.5

Trademarks $1,585

(Being the amortization expense is recorded)

As we debit the amortization expense as it increased the expenses and at the same time we credited the trademarks as it decreased the assets

8 0

3 years ago