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Sunny_sXe [5.5K]
3 years ago
12

DOUBLE POINTS!! Explain the role played by consumers, business, and the government in a market economy. Hint: focus on the facto

r in market products. In your own words, Answer in paragraph form if possible please. EVERYTHING HELPS!! TIA! Giving BRAINLIEST!!
Business
1 answer:
mojhsa [17]3 years ago
6 0

Answer:No idea

Explanation:

Idk

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Which example BEST illustrates that GDP (gross domestic product) is not always a good indicator of economic health?
Vaselesa [24]
<span>
 Which example BEST illustrates that GDP (gross domestic product) is not always a good indicator of economic health? </span><span><span>A)<span>The GDP falls when consumer spending declines.
</span></span><span>B)<span>Money spent repairing hurricane damage helps raise the GDP. 
</span></span><span>C)<span>Goods produced for infrastructure projects help raise the GDP. 
</span></span><span>D)<span>The GDP falls because scarcity of materials slows the rate of production.</span></span></span>
6 0
3 years ago
Read 2 more answers
At the beginning of the year, Ilberg Company estimated the following costs: Overhead $416,000 Direct labor cost 520,000 Ilberg u
katrin [286]

Answer:

Predetermined overhead rate = $0.8 per hour

Overhead applied in December = $34,960

Explanation:

Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hours

Predetermined overhead rate = $416,000 / 520,000 hours

Predetermined overhead rate = $0.8 per hour

(as Direct labor cost is equal to total direct labor hours worked multiplied by the wage rate.)

Actual Labor hour = 43,700

Overhead applied in December = 43,700 hours x $0.8 = $34,960

4 0
3 years ago
Emil Corp. produces and sells wind-energy-driven engines. To finance its operations, Emil Corp. issued $15,000,000 of 20-year, 9
konstantin123 [22]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $15,000,000

      To Bonds payable $15,000,000

(Being issue of bonds is recorded)

2. Interest expense on bonds Dr, $675,000

        To cash $675,000 ($15,000,000 × 9% × 6 ÷ 12)

(Being payment of interest is recorded)

3. Bonds payable Dr, $15,000,000

       To Gain on redemption of bonds $600,000

       To Cash ($15,000,000 × 0.96) $14,400,000

(Being redemption on bonds is recorded)

3 0
3 years ago
2. Find the lump sum that must be set aside today to make quarterly payments of $9,000 for 10 years, assuming 8% compounded quar
Svetach [21]

Answer:

i need help

Explanation:

5 0
2 years ago
The competitive firm's supply curve is equal to A. the portion of its marginal cost curve that lies on and above AFC. B. its mar
grandymaker [24]

Answer:

a. the portion of its marginal cost curve that lies above the AVC

Explanation:

In short run, a perfectly competitive produces as long as its price is above its AVC, so revenues can cover total variable cost. If price is below AVC, the firm has to shut down. Since such a firm maximizes profit by equating Price with MC, this condition means that firm's supply curve is its MC curve lying above the (minimum point of) AVC curve.

6 0
2 years ago
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