1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karolina [17]
3 years ago
15

The cost-benefit principal states that

Business
1 answer:
REY [17]3 years ago
6 0

Cost-benefit principle would state that you would only take an action if the benefit outweighs the cost.

For example: It may cost me $5 to drive to work, but I make $50 for showing up, I would go because the benefit I get outweighs the cost and I am better off going than staying at home.

You might be interested in
Residual Disability Income pays funds to the insured, to make up for what the insured would have earned after returning to work,
siniylev [52]

Answer:

The correct answer is Total disability.

Explanation:

The total disability can be the result of an illness, derive from a previous situation of temporary disability or consequence of an accident. Its determination implies a series of economic benefits linked to a specific degree of permanent disability.

8 0
3 years ago
A group of fifty homeschooling parents in New Jersey get together and form a nonprofit membership organization for the purpose o
Furkat [3]

Answer: Cooperative

Explanation:

A cooperative is an independent association of people united voluntarily in order to meet their common economic, cultural and social needs and through a jointly owned enterprise.

A cooperative society is a group of people who possess specific common needs. The purpose of a cooperative society is to improve the economic status of its members. Cooperative societies usually offer their products to their members at a discount.

4 0
3 years ago
Following the imposition of a price floor $2 above the equilibrium price, irate buyers convince Congress to repeal the price flo
andrey2020 [161]

Answer:

$3

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

Shortage = $12 - $9 = $3

5 0
3 years ago
In 2007, the economy slipped in a recession that many called the worst since the Great Depression. This caused people to experie
Elis [28]

Answer:

an increase in equilibrium price and an indeterminate effect on equilibrium quantity.

Explanation:

An inferior good is a good whose demand increases when income falls and reduces when income rises.

If ramen is an inferior good, when income falls its demand would increase. This would lead to a rise in quantity and price.

An increase in the price of wheat would increase the cost of production of ramen. As a result, the supply of ramen would fall. Price would increase and supply would fall.

The combined effect would be an increase in equilibrium price but an indeterminate effect on equilibrium quantity.

I hope my answer helps you

3 0
3 years ago
Splish Brothers Inc. reported net income of $394000 for the year. During the year, accounts receivable increased by $29000, acco
Scilla [17]

Answer:

$414000

Explanation:

Calculation to determine what Net cash provided by operating activities for the year is

Net income $394000

Less Receivable increased ($29000)

Less Accounts payable decreased ($12000)

Add depreciation expense $61000

Net Net cash provided by operating activities $414000

Therefore Net cash provided by operating activities for the year is $414000

6 0
3 years ago
Other questions:
  • Suppose conditions arise in the sugar market that would lead to a competitive equilibrium price that is below 18.75 cents per po
    6·1 answer
  • What can you conclude is the reason why secondary data is desirable
    14·1 answer
  • On September 1, 2021, Daylight Donuts signed a $188,000, 6%, six-month note payable with the amount borrowed plus accrued intere
    15·1 answer
  • Which accounting principle states that a company should record revenues when they provide goods and services to customers?
    9·1 answer
  • Mustang Corporation reports the following for the month of April: Finished goods inventory, April 1 $ 33,400 Finished goods inve
    9·1 answer
  • If the Fed orders an expansionary monetary policy, describe what will happen to the following variables relative to what would h
    15·1 answer
  • A firm produces a product in a competitive industry and has a total cost function​ (TC) of TC (q )equals50plus2qplus2q squared a
    10·1 answer
  • An open-market purchase Group of answer choices increases the number of dollars and the number of bonds in the hands of the publ
    7·1 answer
  • Tina will be working at the municipal swimming pool as a lifeguard this summer. She will earn $1,000 per month (a total of $3,00
    7·1 answer
  • Decrease in accounts receivable $ 33,000 Increase in accounts payable $ 20,000 Increase in retained earnings $ 110,000 Cash paid
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!