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4 years ago

When there is no government involvement in answering the three basic economic questions this is which economy?

Business

1 answer:

Dmitry_Shevchenko [17]4 years ago

6 0

When there is no government involvement in answering the three basic economic questions this is Market Economy.

Market

<u>Explanation:</u>

When there is no government interventions in the market system or economy then it is known as Market Economy or Lassez faire.

Here the firms and household determine who sells the goods and who buys it and everything is carried out according to them and there is no government intervention like that of the command economy.

There is a lot of profit for the businessman as the consumers pay as high the price as they want to and no amount is given to the government.

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Tamarisk Corp. purchased machinery for $347,400 on May 1, 2020. It is estimated that it will have a useful life of 10 years, sal

Grace [21]

Answer:

Explanation:

Purchase price = 347,400

Useful life = 10 years

Salvage value = 17,400

Production unit = 264,000

Unit produce = 29,580

Working hours = 25,000

Working hours used = 2,650

Workings

Depreciable amount = 347,400 - 17,400 = 330,000

1. Straight line depreciation = 347,400-17,400 /10

= 330,000 / 10 =33,000

2.Units of output = 29,580/264,000*330,000

= 36,975

3. Working hours method

2650/25,000*330,000 = 34,980

4.Sum of the years digit

Sum of the digits = 10(10+1)/2 =55

330,000 *10/55*4/12 +330,000*9/55*8/12 = 56,000

5 Declining balance at 20%

2020 = ( 347,400 *20%) = 69,480

2021 = 347,400 -69,480 * 20% =277,920 *20%

277,920 - 55,584 = 222,336

7 0

3 years ago

PLEASE HELP QUICK I AM STUCK. IT WOULD REALLY MAKE MY DAY. I WILL MARK BRAINLIEST!!

Vladimir [108]

1 : D

2: A

3: B

4: C

5: C

6: A

7: C

8: C

Hope this helps u brainliest is appreciated

~lexy

5 0

3 years ago

Completeness is the most important attribute of a business message. select one:

Ray Of Light [21]

That would be considered True in most environments

4 0

4 years ago

Read 2 more answers

Futura Company purchases the 69,000 starters that it installs in its standard line of farm tractors from a supplier for the pric

algol13

Financial advantage (disadvantage) of making the 40,000 starters instead of buying them from an outside supplier is: $89,700.

<h3>Financial advantage (disadvantage)</h3>

First step is to calculate the relevant cost of making starters

Relevant cost= Direct materials+ Direct labor+ Variable manufacturing overhead+ Supervision

Relevant cost=($4×69,000)+ ($3.20×69,000) +($0.60×69,000) + $117,300

Relevant cost=$276,000+$220,800+$41,400+$117,300

Relevant cost=$655,500

Second step is to calculate the relevant cost of buying starters

Relevant cost=$10.80 × 69,000

Relevant cost=$745,200

Third step is to calculate the financial advantage

Financial advantage=$745,200-$655,500

Financial advantage=$89,700

Therefore the financial advantage is $89,700.

Learn more about Financial advantage (disadvantage) here:brainly.com/question/16288548

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3 0

3 years ago

Explain how much activity can affect the carbon cycle.

Oduvanchick [21]

Human activity can affect the carbon cycle by capturing carbon dioxide and storing it underground rather than permitting it to be released into the atmosphere.

7 0

3 years ago