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3 years ago

2. Distinguish between economic and non-economic wants.

Business

1 answer:

bulgar [2K]3 years ago

4 0

Answer:

Difference among the economic wants and the non- economic wants is shown below:

Explanation:

Wants is the term which is described as the desires for the things that the person or an individual may or may not actually require or needed.

a. Economic wants

1. Economic wants are those wants which generally known as the desires and are usually satisfied or fulfilled after taking or consuming he service, goods or in other cases leisure.

2. Economic wants is spending money in order to satisfy the want or the desire.

b. Non - economic wants

1. Non- economic wants are those wants which are generally the human needs, that is required or needed to be satisfied without involve the monetary cost or the value.

2. It might involve the water, air.

3. These are those wants that could be fulfilled without spending the money.

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The benefits of belonging to professional organizations include the development of professional contacts and the opportunity to

ziro4ka [17]

Answer:

True

Explanation:

Belonging to a professional organizations provides opportunity to share knowledge and experience and learn from others. It also avails one opportunity to share contacts with other professionals who may be of help in securing business opportunities and resolving business issues .

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2 years ago

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Would you recommend that Apple raise or lower its price for the iWatch to increase revenue?

melisa1 [442]

I would recommend it lower its price.

Explanation:

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3 years ago

Perhaps the best method for estimating the market value of shareholders' equity is to: _____________

kupik [55]

Answer:

C.multiply number of shares outstanding by the price of each share

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2 years ago

To record a customer's check in full payment for a sale that was made the prior month, the company should debit the ____________

bearhunter [10]

To record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.

<h3>Payable cash account</h3>

Based on the information given the appropriate journal entry to record a customer's check in full payment for a sale is:

Journal entry

Debit Payable Cash account

Credit Sales accounts

(To record customer's check in full payment)

Inconclusion to record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.

Learn more about payable cash account here:brainly.com/question/4656883

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1 year ago

Complete an information-level design for Holt Distributors. General description. Holt Distributors buys products from its vendor

Stolb23 [73]

Answer:

Here are some changes to the textbook requirements that will simplify your work somewhat.

· The transaction requirements give you information on required tables. (page 339-340)

· Assume that ALL orders ship entirely, in other words there are no partial shipments. Either they ship the entire order or they wait until they have all the required units and then ship.

· Do not include the Customer PO information

Explanation:

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2 years ago