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3 years ago

ECONOMICS, PLEASE HELP.

Business

1 answer:

Nina [5.8K]3 years ago

3 0

Equilibrium is the point where supply meets demand. Look at the table and see where those two columns are the same.

For B. look at the chart and see at 1,50 rent (the first column) the demand is greater than supply or not. If demand is less than supply, there is a surplus. If demand is higher, there is a shortage.

This applies to question C as well. Look at the first column, find the rent, and see if there is more supply or more demand.

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Beachside Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal in its o

Kisachek [45]

Answer:

the available options for the question are,

A. Cash Cr. $18, Food Revenue Dr. $18,

B. Cash Dr. $18, Food Revenue Dr. $18

C.Cash Dr. $18, Food Revenue Cr. $18

D. Cash Cr. $18, Food Revenue Cr. $18

and the correct answer is C.Cash Dr. $18, Food Revenue Cr. $18

Explanation:

the answer is simple. once they implement the accounting system, all the transaction will have at least a double entry.

when a cash sale is made for $18, this is a revenue stream for the business, while the cash balance of the business increases as well. Revenue account is an income and an increase in income is treated as increase in credit while the cash balance is an asset, and the increase of the asset is treated as a debit.

if you look at options A, B and D, all of these transactions are either mixed up or have both credits or debits which is wrong, because of this, only the answer C is correct.

5 0

3 years ago

To derive the demand curve we assume that A. marginal utility is constant. B. tastes are constant. C. prices are constant. D. re

Tems11 [23]

Answer:

C. prices are constant.

Explanation:

A demand is the scheduling the price of all the commodity as content and is derived as the price of the goods may changes in the future as general the demand curve is downward sloping and is shown by the equilibrium prices and movement along the curve takes place when the change in price causes the quantity demanded to change.

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3 years ago

Doc Xpress has an in-house staff of 35 employees who provide transcriptions of phone and video conferences for a range of client

siniylev [52]

Answer:

external threat

Explanation:

This decision was likely based on an external threat. Which in this scenario is the economy. Economy is considered as an external threat because it is not in the control of the company itself but still directly affects the everyday business operations of the company as well as it's profit and costs. All of this equates to how well the company performs, therefore in a situation where the economy poses a threat decisions need to be made such as the one in this scenario.

4 0

3 years ago

The marginal rate of technical substitution: A. equals the marginal product of capital times the marginal product of labor. B. i

Luba_88 [7]

Answer:

D. measures the degree to which one input can be substituted for another, output held constant.

Explanation:

Marginal Rate of Technical Substitution is the rate at which producer gives up one input, in exchange of other input, maintaining the same output level.

So implicatively, it denotes the degree to which one input can be substituted for another, output held constant.

MRTS (K,L) = MP L / MP K = w / r ; Where :-

K = Capital, L = Labour, MP L = Marginal Productivity of Labour, MP K = Marginal Productivity of Capital, w = Wages, r = Rent

MRTS is diminishing, because of decreasing marginal productivities of factor inputs.

7 0

3 years ago

erastova [34]

Answer:A

Explanation:

3 0

3 years ago