Diagraphs are voiced combinations of two or three consonants

Which of the following situations represents an economic problem? a) A student trying to decide how to spend his weekly allowanc

enot [183]

<h2>Both situations are examples of an economic problem.</h2>

Explanation:

Let us understand the term "economic problem"

Though the expectation of the people are endless, the "resources available" to satisfy the need is limited. This causes the "economic problem".

A student trying to decide how to spend his weekly allowance:

The need of student may be endless but still he is in a position to decide only based on the amount which he has to spend. He needs to prioritize the needs and then spend accordingly.

A country choosing to sacrifice some privacy to gain more security:

Under a compelled situation, the country has to sacrifice the privacy and then have to gain security. The loss due to negotiation of privacy is for sure and this leads to economic problem.

5 0

3 years ago

Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note th

vova2212 [387]

Answer:

Professional Golfers' Association of America (PGA)

Winnings at Different Points in Time

Year Golfer Nominal U.S. CPI Winnings

Winnings (Dollars) (1983 = 100) in 2009 Dollars

1965 Jack Nicklaus 140,752 31.5 958,454

1970 Lee Trevino 157,037 38.8 868,156

1982 Craig Stadler 446,462 96.5 992,395

2009 Tiger Woods 10,508,163 214.5 10,508,163

Explanation:

a) Data and Calculations:

Year Golfer Nominal U.S. CPI Winnings

Winnings (Dollars) (1983 = 100) in 2009 Dollars

1965 Jack Nicklaus 140,752 31.5

1970 Lee Trevino 157,037 38.8

1982 Craig Stadler 446,462 96.5

2009 Tiger Woods 10,508,163 214.5 10,508,163

Calculating the missing values:

Year Golfer Nominal U.S. CPI Winnings

Winnings (Dollars) (1983 = 100) in 2009 Dollars

1965 Jack Nicklaus 140,752 31.5 958,454 (140,752*214.5/31.5)

1970 Lee Trevino 157,037 38.8 868,156 (157,037*214.5/38.8)

1982 Craig Stadler 446,462 96.5 992,395 (446,462*214.5/96.5)

2009 Tiger Woods 10,508,163 214.5 10,508,163

3 0

3 years ago

What is the role of business in a global economy?

posledela

Answer:

In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.

Explanation:

5 0

3 years ago

?????????????????????????

MatroZZZ [7]

I believe your answer is A: Unearned Revenue.

Because, if a business has received cash, in advance of services performed, and credits a liability account, the adjusting entry needed, after the services are performed, will be debit Unearned Revenue and credit Cash.

5 0

3 years ago

The Perry Corporation recorded the following budgeted and actual information relating to fixed overhead costs for its Z-Line of

steposvetlana [31]

Answer:

Volume variance= $1,800 unfavorable

Explanation:

Giving the following information:

Standard fixed overhead per direct labor hour $3

Standard direct labor hours per unit 0.75

Budgeted production 3100

Budgeted fixed overhead costs $6975.00

Actual production in units 3900

Actual fixed overhead costs incurred $2200.00

To calculate the fixed overhead volume variance, we need to use the following formula:

Volume variance= budgeted fixed overhead - fixed overhead applied

Volume variance= 6,975 - [3*(3,900*0.75)]

Volume variance= 6,975 - 8,775= $1,800 unfavorable

8 0

3 years ago