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notsponge [240]
3 years ago
8

What problem makes public goods necessary?

Business
1 answer:
NARA [144]3 years ago
3 0
There are several problems that make public goods necessary, but the primary one is that without access to certain public goods and services like parks and schools, poor people would have practically no chance at advancement. 
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On June 10, Sheridan Company purchased $7,700 of merchandise from Crane Company, terms 3/10, n/30. Sheridan Company pays the fre
sveta [45]

Answer:

Sheridan Company journal entries:

June 10

  • Dr Merchandise inventory 7,700  
  • Cr Accounts payable 7,700

June 11  

  • Dr Merchandise inventory 430
  • Cr Cash 430

June 12  

  • Dr Accounts payable 800
  • Cr Merchandise inventory 800

June 19

  • Dr Accounts payable 6,900
  • Cr Cash 6,693
  • Cr Merchandise inventory 207

4 0
3 years ago
Mars Inc. produces 100,000 boxes of Snickers bars which sell for $4 a box. If variable costs are $3 per box, and it has $150,000
IceJOKER [234]

Answer:

It should continue the production in the short-run.

Explanation:

Given the unit produced by Mars Inc. = 100000 boxes.

The selling price of boxes = $4 per box.

The variable costs = $3 per box.

The fixed costs = $150000

The total sales revenue = number of boxes × selling price

= 100000 × 4

= $ 400000

In the short run, the firm should continue its production because it still covers the variable costs.

8 0
2 years ago
Which best describes what injector factors bring to an economic system?
Mrac [35]

Answer: Money

Explanation:

Money is one of the injector factor that is necessary for bringing the economic system. The injection of money helps in boosting economy of any country or region. This also helps in investment, strengthening the government to take necessary measures for development, and export.  Money can be used to purchase raw materials to produce more number of goods and it enables the customers to purchase those goods and services. This exerts a positive impact on the circulation of economy.

6 0
2 years ago
Read 2 more answers
If a coconut is a normal good and the price of coconuts increases, then the movement that would take place in the model could be
masya89 [10]

If a coconut is a normal good and the price of coconuts increases, then the movement that would take place in the model could be B to A.

<h3>What happens when prices rise?</h3><h3 />

For Normal goods, a rise in prices would mean a fall in the quantity demanded. This is shown by the demand curve which shows the relationship between the quantity demanded and price.

When there is a price change, the movement will be along the demand curve which means that the demand curve would see a movement from Point B to Point A for coconuts.

Find out more on price changes and the demand curve at brainly.com/question/1139186

#SPJ1

8 0
1 year ago
2. Identify four skills that you will need to actively participate in meetings.​
ser-zykov [4K]

Answer:

Particpating, having to ability to drink a lot of coffe, being energetic, concertrating.

Explanation:

3 0
2 years ago
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