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3 years ago

Your spouse is a teacher at the local elementary school. Which retirement plan would she most likely have?

1 answer:

7 0

The retirement plan she most likely has is the 401(k)

Well, actually both 401k and 403 b offer similar system of retirement. But 401k is more commonly used by middle-lower class worker, including elementary school teacher

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Which accounting principle states that a company should "report expenses in the same period as the revenue they help generate"?

Inga [223]

Answer:

Matching concept

Explanation:

Matching concept states that revenue and cost should be matched with each other in the period they relate.

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3 years ago

In the late 1990s "mad cow" disease caused people to buy less beef. It also caused the EU to ban imported British beef and the B

Bingel [31]

Answer:

Price of British beef falls initially, but regains some of its losses. Quantity sold falls.

Explanation:

British beef represents a large portion of the total European beef market, so a ban on British beef imports will initially cause the price of British beef to decrease a lot, but it will also increase the price of other European beef. This price shake up will eventually lead to a recovery of the price of British beef, since not all the cows were sick, but the most negative impact was not only on the price decrease but on the decrease in exports. Obviously a European ban on imported British beef will cause a dramatic decrease in the quantity sold.

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3 years ago

Grocery Corporation received $300,328 for 11 percent bonds issued on January 1, 2018, at a market interest rate of 8 percent. Th

AnnZ [28]

Answer:

For A. and B see attached files

Explanation:

5 0

3 years ago

The next wave of marketable innovations may involve new ways to produce and conserve energy. If we can turn new technology into

Whitepunk [10]

Answer:

The correct answer is a) Gross domestic product (GDP)

Explanation:

Gross domestic product (GDP) is a fiscal measure of the market value of all the final goods and services produced annually. There are two types of GDP, nominal and Real.

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3 years ago

In a perfectly competitive market, a. every seller tries to undercut the prices charged by its rivals. b. every seller takes the

Shkiper50 [21]

In a perfectly competitive market, every seller takes the price of its product as set by market conditions.

<h3>What is a Perfect Competitive Market?</h3>

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information and no transaction costs. There are a large number of producers and consumers competing with one another in this kind of environment.

Perfect competition is a market structure where many firms offer a homogeneous product. Because there is freedom of entry and exit and perfect information, firms will make normal profits and prices will be kept low by competitive pressures.

<h3>What are some examples of Perfectly Competitive Markets?</h3>

3 Perfect Competition Examples

Agriculture: In this market, products are very similar. Carrots, potatoes, and grain are all generic, with many farmers producing them.
Foreign Exchange Markets: In this market, traders exchange currencies.
Online shopping: We may not see the internet as a distinct market.

Thus, we can say that the correct option is B.

Learn more about Perfectly Competitive Markets on:

brainly.com/question/8753703

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2 years ago