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aniked [119]
2 years ago
8

Economic profits and lossesa. equalize the distribution of income in the long run. b. are essential to the reallocation of resou

rces from less desired to more desired goods. c. have no influence on the composition of domestic output. d. are both considered by economists to be a part of production costs.
Business
1 answer:
MatroZZZ [7]2 years ago
7 0

Answer:

The correct answer is letter "B": are essential to the reallocation of resources from less desired to more desired goods.

Explanation:

Economic profit is the difference between the company's profits from revenue and the overall opportunity cost. The difference between accounting profit and economic profit is significant. Only total revenue minus the explicit cost of producing goods or services is considered to calculate the accounting profit.

The economic profit is called a loss if after subtracting the opportunity costs from revenue the figure is negative. <em>Both profit or losses determine how resources will be allocated in a company prioritizing the more desired goods or those who are needed for the firm's operations.</em>

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Law is a practical discipline; theory has no place in law. With specific references to the Law of Contract, discuss. The APA ref
RoseWind [281]

Answer:

Following are the responses to the given question.

Explanation:

In this question,  I would have to claim the contrary. Most laws were drafted by attorneys or judges, etc. These individuals utilized legal philosophy to justify or justify the bills which we presented. Instances are indeed the criminal code: Why then is insanity defending several crimes?? As a rule, criminal culpability can be granted if there is a criminal view. The theory for insanity as an excuse is that he had no power or just didn't need to do the crime, but he did the crime without a convict. Its logic leads lawmakers and make allowances, for instance, insanity, of criminal liability.

Moreover, because courts are subjective, judgments are dependent on various legal arguments. An instance: Which concept would the Court decide when the nature of a contractual has been in dispute? There is indeed a widely cited case in Israel wherein the courts chose the extremely intrusive adaptive paradigm — courts based the judgments on doctrines of laws that favored justice so over privity of association. I also heard a few oral statements both from judges as well as the board, and also have drawn examples such which I have given up beyond prejudice. Contract terms also have their very own laws of construction and interpretation.

And when a discrepancy arises regarding the agreements' vocabulary we do not use theory but use the terms of rational thinking to decide whatever the agreement means. An important precedent based on the legal principle has been determined here (most precedents are identical). Nonetheless, inside the field in the law of contract, I guarantee theory. In addition to assessing the violation of the contract or not, also there are conflicting views on whether an occurrence leads to a breach (or it may not) of intentions.

As for myself, I was only hoping how an adverse usage case would've been filed over a rather long time with no refund of the copyright or royalty to get a patented or permitted content used by the claimant without the applicant's consent.

In the daily lives that law as a profession has many requirements. The law of contract throughout particular, the acts of people have come every day in much of the day. Element is indeed a relationship between two people that are legally enforced The principle of a valid contract, consideration, contractual capabilities, minor contract capacities, etc. is commonly applied in everyday life Personally, I was only hoping that an unfair use lawsuit would be lodged over a very long time without any reimbursement of both the license and royalty to get a patented or licensed material used by the claimant without applicant's permission.

In the daily lives, the profession as a profession has many criteria. The law of contract, in particular, the acts with people come daily throughout much of the day. A contract is a contract between two people that's also enforced by law The principle of a valid contract, consideration, contract capacities, minor contractual capabilities, etc. is widely applied in daily life This agreement is unique to the duties, at least in its traditional form, of the commitments, or contingent ones, which are the duties laid down by the parties' wishes. This article discusses its doctrinal and theoretical accounts of contract law, with particular emphasis on slavery and antitrust, contract law as well as the partnership between two neighbors. Law is a complicated field because the type of hard is a science linked to such professions, areas, or professions. Each profession or job does have its legislation. The Law LinkedIn profile and all of their measures and practices.

Justice is a philosophy of action, since it must be enforced, regardless of what it is (Justice) there are many other exceptions. In an example, if anything takes place in a contract it has to be made in line with the regulations to use LAW OF CONTRACT as just a particular reference.

Following are the complete conclusion to the given question:

As short as they are, these comparisons can only provide some idea of how law studies can play a key role in many other university disciplines, as just a scientific subject. More maybe than for any physics research, legal scholars get a range of basic methods at the fingertips, regardless of whether that known as the core study of knowledge in its initial Platonic or Stoic frameworks. Aware of these different methods would enable them to interact with other areas, so in other fields of study, the law can be learned more effectively.

8 0
3 years ago
Schreiber Industries estimates bad debts at 2% of sales. Schreiber began the year with $270,000 of accounts receivable and $38,6
lorasvet [3.4K]

Answer:

The total amount of account receivable it's $246.400

Explanation:

At the beginning the company had $270.000 in the account receivable and $38.600 of allowance for bad debt, when the company wrote off bad debt, it entry a credit in the Account Receivable and a Debit in hte Allowance for bad debt.

The new balance are $244.400 in the accounts receivables and $12.600 as credit in the allowance for bad debt, with the new sales the company generate an extra account receivable of $15.000, so the net value of Accounts Receivable it's $246.400.

7 0
3 years ago
By using resources in an efficient and effective manner to reach organizational goals, managers may reach their ultimate respons
svlad2 [7]

Answer:

Performance

Explanation:

The ultimate responsibility of the manager is to accomplish the high performance that represent the attainment of the organization goals via using the resources in a best way i.e. efficient and effective manner

So the responsibility of the manager is to accomplish the high performance so that the company could attain its goals and objectives

3 0
2 years ago
On september 1, 2018, fortune magazine sold 660 one-year subscriptions for $74 each. the total amount received was credited to d
Dafna1 [17]
The Company recorded 660 x 74 = $48,840 in deferred revenue. This is a liability account that means they still owe the service or good which they have been paid for. 
Every month, the company records an adjusting entry, recognizing one twelfth of the 48,840, 4,070, because they have earned another month of that deferred revenue by providing the magazine. 
The journal entry on December 31, 2018, will be
Deferred Revenue  4,070
         Revenue                 (4,070)
If this is the first time they've made the entry, then they will recognize earned revenue for Sep, Oct, Nov and Dec, 
Deferred Revenue 16,280
         Revenue                 (16,280)
3 0
3 years ago
CDs are similar to savings accounts because of which of the following?
Arturiano [62]

Answer:

b

Explanation:

3 0
3 years ago
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