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4 years ago

10

The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the pri

nciple idea of?

1 answer:

Orlov [11]4 years ago

8 0

Adam Smith in his book 'Wealth of Nations'

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Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an end

Tema [17]

Answer:

<u>Bank Reconciliation Statement </u>

Balance at bank as per Cash Book (Up to date) $67,438

Add Unpresented Cheques $128

Less Lodgements not yet credited 0

Balance as per Bank Statement $67,566

Explanation:

<em>Step 1 Bring the Cash Book Bank Balance Up to Date as follows :</em>

Debit :

Balance as at March 31 $68,057

Interest Earned $33

Totals $68,090

Credit:

Bank Charge- Safety deposit box $50

Cleared Check $500

Bank Charges - Printed Checks $102

Bank Balance (Updated) $67,438

Totals $68,090

<em>Step 2 Prepare a Bank Reconciliation Statement </em>

<u>Bank Reconciliation Statement </u>

Balance at bank as per Cash Book (Up to date) $67,438

Add Unpresented Cheques $128

Less Lodgements not yet credited 0

Balance as per Bank Statement $67,566

4 0

3 years ago

The slope of the budget line is: negative, since to purchase more of one good means giving up some of the other good. zero, sinc

34kurt

Answer:

Negative, since to purchase more of one good means giving up some of the other good.

Explanation:

A budget line illustrates the number of goods, consumers are able to buy with lower income. Thus the price of goods and customers income to be spent on goods determine the budget line.

The slope of the budget line measures the opportunity cost of consuming Commodity A forgetting Commodity B. In order to get more of Commodity A, the consumer will have reduce the consumption of Commodity B Forefeiting the opportunity to consume Commodity B is the true opportunity cost of Commodity A and this measured by the slope of the budget line.

The slope of the budget line shows the amount of a commodityB the consumer must forfeit to purchase one more unit of a commodity A and the slope is usually Negative.

5 0

4 years ago

Carlos wrote a check for $44.92 to pay his gas bill. He’ll use the check register to record his transaction. What will be his ne

eduard

Answer: $370.09

Explanation:

415.01 - 44.92 = 370.09

3 0

4 years ago

Marty,a 16-year-old,contracted with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle.He agreed to make monthly payments unti

jenyasd209 [6]

Answer:

C) Marty has ratified the contract and is now bound by its terms.

Explanation:

Ratified Contract : This refers to a contract in which the terms have been agreed upon by all parties involved but has not yet been fully executed, signed, and delivered. The typical steps in the contract process include the offer, acceptance, consideration, and ratification. So, in the case of Marty, the contract has been ratified and she is bound by it terms.

6 0

3 years ago

____ describes the average level of ability, experience, personality, or any other factor on a team. A.Team diversity B.Group sy

Masja [62]

The answer would be C .Team Level

Here are some factors that will positively influence team level :
- More Experience
- More Experts in their field
- A hardworking and Positive personalities

Teams with higher level will be more likely to have more capabilities to face wide variety of difficult problems

8 0

4 years ago