Answer:
B. Net income of $4000
Explanation:
Opening balance + net income- difference paid= retained earnings
OB + NI -Payments = retrained earnings
$2500 + NI - $1500= $5000
$2500 + NI = $5000 + $1500
$2500 + NI = $6500
NI= $6500- $2500
Net income = $4000
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Product Y can be sold at the split-off point for total annual revenues of $50,000, or it can be processed further at a total annual cost of $16,000 and then sold for $68,000.
Revenue pre split-off= $50,000
Revenue post split-off= 68,000 - 16,000= $52,000
Answer:
- <u><em>Libertarians</em></u>
Explanation:
The members of American Libertarian Party (LP) are the <em>Libertarians.</em>
Libertarians believe in and foster the civil liberties, meaning that the goverment or governments should not interfere in people's lives, and should be reduced to the minimum, to ensure only <em>public safety, private proterty, and protect national borders</em>.
Libertarians believe in that the individuals are able to choose and make the bestfor their lives and happiness and do not lie on the governments for that.
As a consequence, the individual rights, like security, liberty, and property are inherent to the human beings and are fundamental principles of the Libertarians.
Answer:
1. willingness to accept
3. willingness to pay
Explanation:
Willingness to accept is the least amount a seller is willing to sell his products. The difference between price and willingness to accept is the Producer surplus.
Willingness to pay is the highest amount a consumer would be willing to pay for a product. The difference between willingness to pay and price of a good is the consumer surplus.
I hope my answer helps you
Answer:
Prosperity is a period in which all common goods are plentiful or a certain areas economy does very well or a population boom that is well sustained.