Answer:
The science of microeconomics covers a variety of specialized areas of study including: Industrial Organization: the entry and exit of firms, innovation, and the role of trademarks. Labor Economics: wages, employment, and labor market dynamics.
Explanation:
Answer:
D) Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses.
Explanation:
The Federal Reserve (FED) can respond to excessive pessimism among consumers and businesses by expanding the money supply and lowering interest rates. To deal with excessive optimism they can do the opposite, they can shrink the money supply and increase the interest rate.
Answer:
orange juice 0.80 dollar
Bagel 1 dollar
coffe 0.60 dollar
Explanation:
We construct the equation system:
We subtract one from another to get an expression without C:
1.5A+1.2B+C - (A+B+C) = 3 - 2.40
0.5A + 0.2B = 0.6
Then, we solve in the first part to express B as an expression of A
considering the coffe is worth half of the new cost of A
C = 1.5A / 2 = 0.75A
A + B + C = 2.40
A + B + 0.75A = 2.40
B = 2.40 - 1.75A
And now we replace in the other expression to get A:
0.5A + 0.2(2.40 - 1.75A) = 0.6
0.5A - 0.35A + 0.48 = 0.60
0.15A = 0.12
A = 0.12/0.15 = 0.8
Now we solve for C:
C = 0.75A = 0.6
Last, for B:
A + B + C = 2.40
0.8 + B + 0.6 = 2.40
B = 2.40 - 0.8 - 0.6 = 1
Answer:
Assets= 15,000
Liabilities= 10,000
Owner's equity= 5,000
Explanation:
When he invests 5,000 of his own money that 5,000 is an asset as it is cash and the 10,000 he borrows is also an asset as it is cash. The liabilities are 10,000 as he has to pay 10,000 back and it is a loan so it is a liability also.
The owners equity is 5,000 as he invested 5,000 of his own money in the business and that is owners equity.
