Answer:
Explanation:
The partnership agreement is silent about the payment of salaries and the division of profits and losses.
Profits should be divided based on capital invested by each
The capital investment by Gillie, Taft and Dall is 60000 : 120000 : 60000 Distribution has to be in ratio of 1:2:1
Total profits are 120,000, 1:2:1 ratio
The distribution will be Gillie $30,000, Taft $60,000 and Dall $30,000.
Answer:
True
Explanation:
The above statement is true as integrating marketing communication is a system that helps businesses to coordinate effectively within the organisations. Integrated marketing communication consists of various communication channels that assist to deliver a message in the most effective way possible. It also helps to form compelling messages for customers.
Answer:
The answer is b) how technology is best used in the production of goods and services
Explanation:
The concept of welfare economics is used in the context of the Economy and public finances. It is defined as the branch of the economy that tries to determine the conditions that are needed to reach the maximum of social welfare. For this, the conditions are established to maximize production with a given amount of resources and optimization of the distribution of goods and services, analyzing the policies pursued in the achievement of goals that are considered desirable from the point of view of well-being.
When the demand curve shifts to the left and all else is held constant, the equilibrium price <u>falls</u> and the equilibrium quantity <u>falls</u>.
<h3>The types of chart.</h3>
In Economics, there are two main types of chart that can be used to illustrate the relationship between the total quantity of goods or services that are demanded by consumers and the total quantity of goods or services that were supplied by a manufacturer (producer) at a particular price and these include the following:
<h3>What is an
equilibrium?</h3>
An equilibrium can be defined as the point on a supply and demand chart where the demand curve and the supply curve intersect.
In conclusion, the equilibrium price and the equilibrium quantity would <u>fall</u> when the demand curve shifts to the left and all else is held constant.
Read more on equilibrium here: brainly.com/question/2000166
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Answer: Externalities occur when the actions of an individual or group spill over onto others, without their consent.
Explanation:
By definition, an Externality is the effect of an action by an individual or group that spills over onto third parties without their consent.
Externalities can be either negative or positive. A positive externality for instance would be bees from a bee farm pollinating flowers in the environment.
A negative externality would be air pollution from China for instance contributing to global warming effects experienced in Northern Africa.