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Alexxandr [17]
3 years ago
5

An economic outcome is said to be efficient if the economy is

Business
1 answer:
atroni [7]3 years ago
6 0

Answer:

The correct answer is: getting all it can get from the scarce resources it has available.

Explanation:

We are aware that in an economy we have scarce resources. These scarce resources have alternative use and are to be used to satisfy unlimited wants and needs. When choosing one alternative, we need to sacrifice the other.  

In such a situation an outcome is said to be efficient if all the resources are being used efficiently. In other words, using the current level of resources if an economy cannot produce more output then it is efficient.

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Flounder Inc. issued $2,840,000 par value, 7% convertible bonds at 97 for cash. If the bonds had not included the conversion fea
olganol [36]

Answer:

Given that,

Flounder Inc. issued convertible bonds = $2,840,000 par value

Interest rate = 7%

Sold for cash = $97

If the bonds had not included the conversion feature, then

Sold for = $95

Therefore, the journal entry is as follows:

Cash A/c ($2,840,000 * 0.97)         Dr.     $2,754,800

Discount on issue of Bond A/c       Dr.    $85,200

To 7% Convertible Bonds payable                               $2,840,000

8 0
3 years ago
You have to cross a broad river with a swift running current. Your options to cross are to swim, walk across an existing bridge,
ruslelena [56]

The risk management principle involved in this is decision making.

<u>Explanation:</u>

The processes and the activities that we perform have some risks involved in them. The intensity of risk might differ from one task to the other task. So the risk involved in these tasks and the activities must be managed properly so that the target can be achieved properly.

These are some principles involved in the management of the risk. The principle involved in the task given in the question is that of making a decision which serves the purpose best and helps you to achieve your target. The decision made to cross the river via the bridge is taken after keeping into mind a lot of factors and the decision taken should minimize the risks. Thus it is the principle of the decision making.

7 0
3 years ago
Read 2 more answers
Type the correct answer in the box.
Burka [1]

Answer: Secondary source of market research (external source)

Explanation: when an individual makes use of public information which have been collected by others in his or her research, such source is refered to as a secondary source. It is also called eternal source in market research, this can be gotten from company's websites, market research reports, trade publications etc. All this information can easily be accessible using the internet at small to no cost at all.

So Jamie made use of secondary source (external source) in his market research assignment.

8 0
3 years ago
Environmental scanning is the act of analyzing the critical external contingencies and trends facing an organization in terms of
alekssr [168]

Answer:

The correct answer is the option B: economic conditions, competitors and customers.

Explanation:

To begin with, the term of <em>environmental scanning</em> refers to the action of analyzing the forces, both internal and external, whose actions affect the organization in its whole and may give the company opportunities or threats, sthrengths or weaknesses. Moreover, when refering to the external part of the analysis the most important groups to have in mind are those outside the organization and that it may not take control over decisions directly. Those items or groups are: <u>the competitors, the customers, economic conditions</u>, the government, market suppliers, intermediaries and more.

5 0
4 years ago
The market demand for singing dolls is initially made up of 50 buyers. suppose there is a decrease in the number of buyers by 10
Setler79 [48]

I guess the correct answer is the quantity supplied to decrease.

The market demand for singing dolls is initially made up of 50 buyers. Suppose there is a decrease in the number of buyers by 10. Holding everything else constant, one would expect the quantity supplied to decrease.

8 0
4 years ago
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