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sashaice [31]
3 years ago
5

In a market economy, the factors of production are allocated by state commerce departments. producers and consumers. the federal

government. available natural resources.
Business
2 answers:
Fofino [41]3 years ago
4 0
In a market economy, the factors of production are allocated by PRODUCERS AND CONSUMERS.
A market economy is a type of economy in which investment decisions about production and distribution of goods and services are based on the interplay of the forces of supply and demand which determine the prices of goods and services.
ASHA 777 [7]3 years ago
3 0
Producers and consumers
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Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 4,600 Salaries expense 1,800
Naily [24]

Answer:

                                                  <u>Cowboy Law Firm</u>

                    <u>Income statement for the period ended December</u>

                                                                          Amount in $

Service revenue                                                   8,500

Utilities                                                                  (1,000)                                    

Salaries expense                                                 <u> (1,300)</u>

Net income/(loss)                                                 <u>  6,200</u>

Explanation:

An income statement is a part of the financial statements that shows how profitable the activities of an entity was for a given period of time. It is usually stated as the income statement for a period end.

The elements of the income statement include the revenue otherwise called sales, expenses including cost of goods sold, operating expenses etc and the profit or loss as well as the other comprehensive income/loss.

5 0
3 years ago
In early January, Burger Mania acquired 100% of the common stock of the Crispy Taco restaurant chain. The purchase price allocat
ExtremeBDS [4]

Explanation:

Because trademarks have an unlimited effective life of 4 million dollars, the regulation is not valid.

Goodwill and immaterial properties are not amortized but are checked for damage annually for infinite useful lives.

The copyright worth $6 million for five years is the only inviolable thing you can amortize.

The gross amortization cost in relation to these things in the income statement of Burger Mania for the first year ending December 31 would amount to $800,000.

8 0
3 years ago
Category Value Net exports $ 50 Value of new goods and services produced in the underground economy 75 Personal consumption expe
serious [3.7K]

Answer:

Net exports $ 50

New goods and services $75

Personal consumption expenditures $300

Value of the services of stay-at-home parents $25

Gross domestic investment $100

Government purchases $50

Total $600

Explanation: All these values ​​are used to calculate the balance of payments of a country and represent the changes that occur in the accounts to maintain the balance of the economy

3 0
3 years ago
Read 2 more answers
What is progressive tax and what is it based on?
kozerog [31]

A progressive tax takes a larger percentage of income from high income groups than from low income groups and is based on the concept of ability to pay.

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3 years ago
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What role do entrepreneurs plays in the u.s economy?
shepuryov [24]
1st lets define <span>entrepreneurs - starting his or her own bussiness offering a product, So I'd guess the role they play is the they start new bussiness, create jobs for people in need and they also bring something new to economy. 
    

 I hope I helped you </span>
4 0
3 years ago
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