1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inn [45]
3 years ago
8

Identify whether each of the following transactions will take place in an input market or in an output market, and whether firms

or households are demanding the good or service or supplying the good service a. Anderson works 37 hours each week as a clerk at the county courthouse. b. Mei Lin purchases a 3-week Mediterranean cruise vacation for her parents. c. Caterpillar doubles employment at its Huntsville, Alabama factory. d. The Greyson family sells their 250-acre ranch to Marriott so it can build a new resort and golf course.
Business
1 answer:
jolli1 [7]3 years ago
5 0

Answer:

The correct answers are explained below.

Explanation:

In the <u><em>case of A</em></u>, the household is providing the service and the transactions is taking place in an input market due to the fact that the service given by the particular person is used inside the court to provide a complete service to the community.

In the <u><em>case of B</em></u>, the firm is providing the service that is being demanded by the household and the transactions is taking place in an output market due to the fact that the complete service is already being purchased and demanded.

In the <u><em>case of C</em></u>, the household is providing the service and the firm is demanding the service of labor force and the transaction is taking place in an input market due to the fact that the firm needs the labor force to produce a new product to deliver to the output market as a finished product.

In the <u><em>case of D</em></u>, the household is providing the good and the firm is demanding the good and the transactions is taking place in an input market due to the fact that the firm is buying the good in order to establish a new building that will provide a finishied service to the customers in the future.  

You might be interested in
Bradley snapp has deposited $7,000 in a guaranteed investment account with a promised rate of 6% compounded annually. he plans t
allsm [11]
P = $7,000, principal
r = 6% = 0.06, rate
n = 1, compounding interval
t = 4 years

Calculate the value after 4 years.
A = 7000*(1 + 0.06)⁴
   = $8,837.34

Answer: d. $8,837.34
5 0
3 years ago
Understanding the purpose of your research project will assist you in
Phoenix [80]
I don't understand what your asking?

7 0
3 years ago
Is it possible to be a billionaire without getting a job, just by being an entrepreneur?
Akimi4 [234]
Anything is possible if you believe!!!
8 0
3 years ago
To protect consumers, the SEC requires brokers and dealers to information about securities. True or False
Mashutka [201]
Answer;
The above statement is true; 

<span>To protect consumers, the SEC requires brokers and dealers to reveal  information about securities.

Explanation;
The objective of the SEC (securities and Exchange Commission) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. they also protect consumers by requiring brokers and dealers to reveal information about securities. </span>
4 0
3 years ago
Read 2 more answers
The board of directors of Testa Incorporated has decided that they would like to declare a $400,000 cash dividend at some point
Elden [556K]

Answer:

Approval and the declaration by the board of directors

Explanation:

The three key requirement for a company to pay dividends are adequate retained earnings , adequate cash and the declaration and approval of the board of directors.

Looking at the provided information for Tesla incorporation ,what is missing is the Approval of the board through declaration of payment.

It was still an intention , so the declaration is still necessary for payment. Other conditions like adequate cash balance and retained earning are are already met

3 0
3 years ago
Other questions:
  • A perfectly competitive firm facing a price of $10 decides to produce 100 widgets. If its marginal cost of producing the last wi
    7·1 answer
  • The contrast error is committed when the rates rate people:
    12·1 answer
  • Total assets are $1,450, fixed assets are $790, long-term debt is $750, and short-term debt is $300. What is the amount of curre
    8·1 answer
  • In which of the following situations will the acting party be liable for the tort of negligence? Explain fully.
    10·1 answer
  • Are these competitive markets?
    15·1 answer
  • Any factor that can change
    11·1 answer
  • Why is investing in a mutual fund less risky than investing in a particular company’s stock?
    5·2 answers
  • More Hits Company manufactures aluminum baseball bats that it sells to university athletic departments. It has developed the fol
    5·1 answer
  • The beginning inventory of SoCal Wholesalers was $121,000, and the ending inventory is $116,500. What entries are needed at the
    12·1 answer
  • Who wanna tlk im boooored
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!