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3 years ago

In order to satisfy as many wants as possible, it is necessary to achieve productive efficiency:

Business

1 answer:

charle [14.2K]3 years ago

8 0

Answer:

(i) since otherwise resources are idle.

(ii) since it would be impossible to produce more of one thing without producing less of another.

Explanation:

When an economy has reached productive efficiency, all resources are being fully utilized such that if the country wants to produce more of one good, they would have to produce less of another.

It is important that a country achieves this level because it would mean that no resource is being left idle and there is no under-performance in the economy.

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A sole proprietorship: a. provides limited liability for its owner. b. has its profits taxed as personal income. c. can generall

Varvara68 [4.7K]

Answer:

The correct answer is option b.

Explanation:

A sole proprietorship can be defined as a business that is run by only one person. It is not a separate legal entity and is easy to form and the owner controls the whole business.

The disadvantage of a sole proprietorship is that there is an unlimited liability. There is no distinction between private and business assets. It does not have an unlimited life, with the death of owner it is generally shut down. The main source of capital is the owner.

3 0

3 years ago

The elements of a brand that cannot be spoken are called the ______.

Mariulka [41]

The elements of a brand that cannot be spoken are called the brand mark.

Every band has its properties and elements such as the brand name and

brand equity which can be spoken to describe what the brand is all about.

These elements are usually unique and helps to describe the brand and its

operations.

However , the brand mark is like a logo and contains pictorial properties

which can be seen.

Read more on brainly.com/question/25243470

6 0

2 years ago

The Coca-Cola Company owns 28 percent of the voting stock of Coca-Cola FEMSA, acquired at book value. Assume that Coca-Cola FEMS

irakobra [83]

Answer:

Investment in Coca-Cola FEMSA $1,409,800.00

Equity in income of Coca-Cola FEMSA $1,409,800.00

Explanation:

Coca-Cola Company share of Coca-Cola FEMSA reported income =

28% * $5,000,000= $1,400,000.00

Realized profit on intercompany sales = 28% * ($1,350,000 - ($1,350,000/1.35))= $98,000.00

Unrealized profit on intercompany sales = 28% * ($1,215,000 -($1,215,000/1.35)) = $88,200.00

Equity in Net Income of Coca-Cola FEMSA =

$1,400,000.00 + $98,000.00- $88,200.00 = $1,409,800.00

Journal entry:

Investment in Coca-Cola FEMSA $1,409,800.00

Equity in income of Coca-Cola FEMSA $1,409,800.00

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4 years ago

True or false: Individuals have social responsibilities regarding their ethical behavior in the business world.

gogolik [260]

The statement that individuals have social responsibilities regarding their ethical behavior in the business world is True.

This is because, individuals Social responsibility have a way if affecting the ethical behavior, in business and society as a whole.

<h3>What is Social responsibility?</h3>

Social responsibility can be explained as a responsibility of individuals as well as companies as regards their duty in order to act in the best interests of the society.

Learn more about Social responsibility at:

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3 years ago

Will the current market situation cause the price to go up, go down, or stay the same?

dusya [7]

Because Demand is up and supply is down companies are going to start demanding a higher price for their product since there are less on the market

5 0

3 years ago