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3 years ago

13

Producer surplus is the difference between the lowest price a firm is willing to accept for a product and the price it actually

receives for the product. True or False

1 answer:

Gekata [30.6K]3 years ago

5 0

The answer is False I believe

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On January 1, 2019, Providence, Inc., Issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal

loris [4]

Answer:

01-Jan-19

Dr Cash $1,000,000

Cr Bonds Payable $1,000,000

Explanation:

Preparation of the Journal entry for Providence, Inc

Based on the information given we were told that the company issues the amount of $1,000,000 of 10% which include 5-year bonds at par value on January 1, 2019, this means that the Journal entry will be recorded as:

01-Jan-19

Dr Cash $1,000,000

Cr Bonds Payable $1,000,000

(To record bonds at par value)

3 0

4 years ago

What role does the Federal Reserve play? Check all that apply. Regulate the banking industry Loan money to banks Give individual

andriy [413]

The Federal Reserve or also known as the Fed, serves as the bank of the United States, and therefore, it is responsible for any financial transaction that occurs within the economy of the United States. So, in the given statements above, I can say that the roles that Fed plays are the following: regulate the banking industry, and transfers any profits to the Treasury.

8 0

4 years ago

Read 2 more answers

The advantage that focused companies have over their broad market rivals is that they: a. can sell on non-price factors, such as

Lapatulllka [165]

Answer:

The answer is "C"

Explanation:

Sell fewer products in bulk to outsell their rivals.

This will help the company swell their products bit by bit but in a more effective way reaching out to the end users(consumers).

5 0

4 years ago

The three major types of firms in the united states are called

Nina [5.8K]

The three major types are;
1. Partnerships
2. Corporations
3. Sole proprietorship

5 0

3 years ago

Suppose that the U.S. government decides to charge cola producers a tax. Before the tax, 35,000 cases of cola were sold every we

galben [10]

Mark brainlest please

Answer:

The amount of tax will be $3
Tax Burden on consumer is $2
Tax burden on producer ( in case you want to know) will be $1

Check the image below.

Tax is equal to the difference between the price actually paid by the buyer and the price actually received by the seller. Tax= Price paid by buyer-Price received by seller Tax= $8-$5 Tax = $3 Thus the tax computed is $3 per case.

3 0

3 years ago