Mandatory spending is something that either has, or is strongly urged to be done. Discretionary spending is based on the spenders discretion, if the spender thinks it needs to be spent, then they would do so. Example of mandatory spending would be paying back a loan. Example of discretionary spending would be a good business investment. Hope this helps!
Answer:
The answer for the following question is given below.
Explanation:
An advertising agency's organizational structure consists of the same basic elements, no matter the size of the company.
A. Advantages of Advertisement:
1. Value marketing
2. Output extension
3. Upgrades Goodwill
4. Large output
5 enormous profits. Different Options Data, and Comparative Prices 6. Creates Jobs
7. Best Living Standard
B. Disadvantage of Advertisement:
1. Adds to production costs and to Category
2. Leads to War
3 on the Cost. Tricky Advertising
4. Leads to Economic Inequality
5. Sets up a Monopoly Market
6. Promotes Undue Use
7. Moral Standards drop.
Despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
<h3>What is retained earnings?</h3>
Retained earnings means the profit generated and set aside for the company's future purpose.
The amount of Retained earnings does not reflects the cash dividends paid to shareholders.
In conclusion, despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
Read more about <em>retained earnings</em>
<em>brainly.com/question/25631040</em>
Answer:
b. the market price and the minimum price a seller is willing to accept
Explanation:
The formula to find out the producer surplus is shown below:
Producer surplus = Market price - minimum price to sell the goods
It shows a difference between the market price and the minimum price for accepting the price
Let us take an example, the market price is $10 and the minimum price for accepting the price is $5
So, the producer surplus equal to
= $10 - $5
= $5