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Vitek1552 [10]
3 years ago
7

Which of the following statements is not true? Multiple Choice

Business
1 answer:
Ganezh [65]3 years ago
6 0

Answer:

4. Public goods are only provided by government.

Explanation:

The statement is false because, as stated by the previous options of the question, sometimes public goods are provided by private organizations even if they are usually unprofitable.

For example, in New York City the Central Park Conservancy is a private, non-profit organization that provides maintenance and operation for the Central Park. This is an example of a private organization employing its resources for the benefit of the public.

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Giving away points <br> Come quick
mezya [45]

Answer:

Crab

Explanation:

crab likes points

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3 years ago
Read 2 more answers
John Joos is the owner and operator of Way to Go LLC, a motivational consulting business. At the end of its accounting period, D
ivolga24 [154]

Answer:

a) December 31, 2013 Owner's equity = 508,000

b) December 31, 2014 Owner's equity = 420,000

Explanation:

Accounting Equation Formula: Owner's Equity = Assets - Liabilities  

A) Way to Go LLC December 31, 2013

Owner's Equity = Assets – Liabilities

Owner's Equity = 669,000 – 161,000

Owner's Equity = 508,000

B) Way to Go LLC  December 31, 2014

Owner's Equity = Assets – Liabilities

Owner's Equity = (669,000-127,000) – (161,000-39,000)

Owner's Equity = 420,000

6 0
3 years ago
What is pay per click advertising?
Kamila [148]

Pay-per-click is an internet advertising model used to drive traffic to websites, in which an advertiser pays a publisher when the ad is clicked. Pay-per-click is commonly associated with first-tier search engines.

7 0
2 years ago
Suppose you deposit ​$1 comma 700 cash into your checking account. By how much will the total money supply increase as a result
puteri [66]

Answer:

$17,000

Explanation:

Amount Deposited into checking account = $1,700 cash

Required reserve ratio = 0.10

Money multiplier = 1 ÷ Required reserve ratio

                            = 1 ÷ 0.10

                            = 10

Change in money supply = Amount deposited × Money multiplier

                                          = $1,700 × 10

                                          = $17,000

Therefore, the increase in total money supply would be $17,000.

6 0
3 years ago
Heidi quit her job as a chef making $40,000 per year to start her own restaurant. The first year, Heidi's restaurant earned $100
Murrr4er [49]

Answer:

The accounting profit is $30,000.

Explanation:

The implicit cost of running the restaurant is the opportunity cost of giving up a salary of $40,000 per year working as a chef.  

The revenue earned from the restaurant is $100,000.  

The explicit costs is  

= $50,000 + $20,000

= $70,000  

An accountant will consider only the accounting cost or explicit cost in the calculation of profits.  

Accounting profit

= Total revenue - Explicit costs

=  $100,000 - $70,000  

= $30,000  

3 0
3 years ago
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