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forsale [732]
3 years ago
9

Whether exchange is between individuals, firms, or countries, voluntary trade occurs because:

Business
1 answer:
larisa86 [58]3 years ago
5 0

Answer:

b.both parties are made better off.

Explanation:

People voluntary to trade when they will better off after the trade. Since individual or nation has different proficiency and endowment resources, the ability to produce some product will be different for each country.

For example, German people are skillful of making beer. They have efficient production. Whereas France have expertise in making perfume. It is reasonable for German people to buy perfume from France since it is cheaper and has better quality than making it themselves. On the other hand, if french want to drink beer, it is cheaper to buy from Germany. Thus, both Germany and France will be better of after the trade.

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According to growth accounting studies, investing in research and education Group of answer choices is the best way to achieve g
kobusy [5.1K]

According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.

<h3 /><h3>What is growth accounting?</h3>

It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.

Therefore, the greater investment in research and education, the more effective growth accounting measurements will be for identifying technological progress.

Find out more about growth accounting here:

brainly.com/question/15093997

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4 0
2 years ago
An increase in the price of oranges would lead to
Art [367]

Answer:

a movement up and to the right along the supply curve for oranges.

Explanation:

The supply curve exhibits the price and quantity.

Quantity on the x axis that reflects the quantity supplied.

Price on the y axis that reflects the price at which the particular commodity is offered.

Accordingly, when there is increase in prices of orange the y axis will move upward, also as there is increase in price the suppliers would supply more at the price, accordingly x axis will also grow.

Accordingly the supply graph will move upward in the right direction.

8 0
3 years ago
The fingerprinting of a suspect is part of what process?
lianna [129]
The booking process.

I hope this helps and have a good night! :D
4 0
3 years ago
Smith Company reported pretax book income of $406,000. Included in the computation were favorable temorary differences of $51,20
masha68 [24]

Answer:

$3,604

Explanation:

Calculation for what Smith's deferred income tax expense or benefit would be:

Using this formula

Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate

Let plug in the formula

Deferred income tax expense =($51,200-$40,600)*21%

Deferred income tax expense =$10,600*34%

Deferred income tax expense =$3,604

Therefore Smith's deferred income tax expense or benefit would be:$3,604

8 0
3 years ago
Specter Consulting purchased $8,900 of supplies and paid cash immediately. What general journal entries will Specter Consulting
sergiy2304 [10]

Answer:

Debit Supplies $8,900; Credit Cash $8,900

Explanation:

Based on the information given the general journal entries that Specter Consulting will make to record this transaction assuming the companyâs policy is to initially record prepaid and unearned items in balance sheet accounts will be :

Debit Supplies $8,900

Credit Cash $8,900

7 0
3 years ago
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