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3 years ago

5

Five airlines control 90 percent of the aviation sector of a country. the aviation industry in the country would be an example o

f a(n _____.

1 answer:

notsponge [240]3 years ago

8 0

The aviation industry would be an oligopoly.

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Automatic stabilizers smooth fluctuations in the economy because they produce changes in the government's budget that: A. Reinfo

nevsk [136]

Answer:

The correct answer is B. Help offset changes in GDP.

Explanation:

In addition to the discretionary fiscal policies, through which the authorities actively decide to adjust spending or income in response to changes in the economic cycle, the variations that occur in these items must be taken into account without the need for governments Make new decisions. In the latter case, the changes respond to the role of automatic stabilizers.

Automatic stabilizers are those items of public budgets that are automatically altered, hence their denomination, as a result of changes in the level of economic activity. On the income side, it is worth pointing out the main stabilizers are the taxes that tax corporate profits, the income of workers or the consumption of goods and services; On the expense side, unemployment benefits, which support the income of families in times of increased unemployment, are one of the most relevant stabilizers.

6 0

3 years ago

Suppose that in one year the Consulting Corporation had net sales of $750,000 and in the next year had net sales of $925,000. Wh

sergey [27]

Answer:

23.33%

Explanation:

Data provided in the question

Net sales in one year = $750,000

And, the next year net sales = $925,000

So by considering the above information, the percentage change in using horizontal analysis is

= Difference in amount ÷ Net sales in one year

= ($925,000 - $750,000) ÷ ($750,000)

= ($175,000) ÷ ($750,000)

= 23.33%

3 0

3 years ago

ave a cash refund of $750 to a customer because of a lost package. (The customer had previously paid in cash.) Sent a check for

Kaylis [27]

Explanation:

The Journal Entry is given below:-

1. Fees income Dr, $750

To cash $750

(Being fees income is recorded)

2. Utilities expense Dr, $1,050

To cash $1,050

(Being utilities expense is recorded)

3. Accounts receivable Dr, $7,800

To fee income $7,800

(Being services provided is recorded)

4. Equipment Dr, $4,600

To cash $4,600

(Being equipment purchase is recorded)

5. Accounts payable Dr, $3,500

To cash $3,500

(Being payment of is recorded)

6. Cash Dr, $15,250

To fee income $15,250

(Being cash receive is recorded)

7. Cash Dr, $6,250

To Accounts Receivable $6,250

(Being cash receive is recorded)

8. Cash Dr, $25,000

To capital $25,000

(Being additional investment is recorded)

9. Supplies Dr, $3,250

To accounts payable $3,250

(Being purchase of supplies is recorded)

10. Rent expense Dr, $3,750

To cash $3,750

(Being rent expenses is recorded)

8 0

3 years ago

A company planned to sell 100 canoes for the month of April at an average sales price of $600. Midway through the month, the com

andreyandreev [35.5K]

Answer:

flexible budget amount for canoe sales revenue for April is $72000

Explanation:

given data

sell = 100 canoes

average sales price = $600

sold = 65

total sales = 130

canoes at an average price = $595

actual sales = 120 canoes

to find out

flexible budget amount for canoe sales revenue for April

solution

we know here for flexible budget april sale unit are = 120

and selling price is $600

so that April sales will be here = 120 × 600

April sales = 72000

so flexible budget amount for canoe sales revenue for April is $72000

3 0

3 years ago

Cecelia’s government provides for her basic needs. In return, Cecelia works in the factory downtown, as she always has since the

Sergeeva-Olga [200]

The correct option is B. In this type of economy the government has total control over allocation of all resources. <span />

8 0

3 years ago

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