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ad-work [718]
3 years ago
15

An economy that has government collecting taxes and making regulations is called a

Business
1 answer:
Zina [86]3 years ago
3 0

Answer:

If I recall it may be called Revenue.

Explanation:

If this is not the answer you were looking for, please don't hesitate to comment below so I can get back to you as soon as I can. Have a nice Day/Night! :)

Also, it will be greatly appreciated if you can take out your time and bless me with the brainliest button! :)

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The velocity of money can best be described as A. the growth rate of the money supply. B. how quickly prices are increasing. C.
Alekssandra [29.7K]

Answer:

The correct answer is option C.

Explanation:

The velocity of money can be defined as the number of times money changes hands. In other words, it represents the number of times, a unit of money is used to purchase goods and services.  

It shows the number of times the households and businesses spend money. It indicates how much a unit of currency has been used in a given period of time.

6 0
2 years ago
Explain the difference between<br> (b) Expenses and losses.
Sunny_sXe [5.5K]

The primary distinction between expenses and losses is that costs are incurred in order to produce income, whereas losses are often associated with any other activity. the sale of an asset with a long lifespan for less than its book value. a negative verdict in a lawsuit brought against the business.

The cancellation of bonds that are payable at a cost higher than their carrying value An expense is a business's operational cost incurred to produce income. It may deduct tax-deductible expenses on its income tax returns. Either the cash basis approach or the accrual method is used by accountants to record expenses.

To learn more about expenses, click here.

brainly.com/question/14514813

#SPJ4

4 0
1 year ago
Hines Cosmetic Co. sold beauty preparations nationally to beauty shops at a standard or fixed- price schedule. Some of the shops
klemol [59]

Answer:

No, Hines is not guilty of unlawful price descrimination

Explanation:

Hines actions has not meet the criteria for price discrimination which include giving different prices based on gender, race or religion and never prevented the resale of product and the product package for sale never indicated the inclusion of free demonstrator and free advertising material.

4 0
3 years ago
That is it called when you give up something to have<br> something else
KengaRu [80]

When you have to give up one thing in order to get another this is called a <u>Tradeoff</u>.

<h3>Why do we have tradeoffs?</h3>
  • As a result of scarcity, the resources available to us are not enough for all our needs and wants.
  • We are forced to choose between needs and wants that will be satisfied.

Tradeoffs therefore lead to opportunity costs because we would be giving up the benefits of the alternative to the option we chose.

Find out more on tradeoffs at brainly.com/question/7072776.

5 0
2 years ago
The Denver Broncos hold a big pre-season football ticket blitz and sell $2.4 million worth of tickets for cash for the upcoming
Harrizon [31]

Answer:

Debit account receivable $2.4 million; Credit Ticket Revenue $2.4 million

Explanation:

Double entry is when a business records a debit and credit in relation to a transaction. Generally you debit the receiver and credit the giver.

In this instance sales of tickets were made by Denver Broncos of $2.4 million worth.

The sale involves receipt of cash, but it is preseason and customers have not yet received service so we debit accounts receivable for $2.4 million.

Revenue is made from the sale so we credit Ticket Revenue to recognise income made.

4 0
3 years ago
Read 2 more answers
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