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3 years ago

Consumers use products to buy goods and see. Producers use money

Business

2 answers:

pav-90 [236]3 years ago

8 0

Explanation:

Here are two concepts, one is of consumers and other is of producers. Producers are the ones who manufacture products or provide services. Producers put their money and efforts and time, to make the product or to provide the service. Then this product or service is used by the consumers. Consumers are the people who uses the products or services provided by the producers. Consumers pay money to buy the product or services. This money that the consumers pay is more than the amount of money producers put in making that unit of product. So they enjoy the excess money as the profit of putting their efforts and time. This is called business.

zmey [24]3 years ago

3 0

Consumers buy products from the producers because they produced it. if that is the question that you are asking.

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The cashier for Bell Buoy rang up sales totaling $5,104, but had $5,120 to deposit, which journal entry would be recorded? Multi

alexandr402 [8]

Answer:

A debit to Cash for $5,120, a credit to Cash Overage for $16, and a credit to Sales Revenue for $5,104.

Explanation:

In the current situation, the cash received is in excess of revenue recorded, thus, there will be cash overage.

As per books cash shall be $5,104 but since actual cash is $5,120 there is cash overage of $16

Therefore, for this, actual cash received shall be debited = $1,520

Cash overage shall be credited for $16

And accordingly sales of $5,104 shall be recorded as a credit.

Thus, correct option is: Entry A

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Review 4: AIMS Science Practice

Zolol [24]

Answer:

D. It has both good and bad effects, but we can't always predict what those are.

Explanation:

Of course, ethics mandates that the target of science and new technology should always pursue the good for humans; nevertheless, since time immemorial man has developed technology to make war. Thus, definetely, the first statement "A It always does good for human" is false.

Some other negative effects of new technology, like cars and nuclear power, have been harmful to the environment, but you cannot tell that this has always been so. Technology has also been developed to help the environment. For instance, panels to use solar energy do not harm the environment and seek to reduce fuel burning to help the environment. Thus, option B, "It always ends up doing harm to the environment" is false too.

Some of the damage that new technology can produce are not predicted both because the technology is new and because it may be used with different goals to those it was developed. This explains why option C, It has many bad effects, is false, and option D, "It has both good and bad effects, but we can't always predict what those are", is true.

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A. Evolving standard??

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3 years ago

You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. What should you do to

SVETLANKA909090 [29]

Answer and explanation:

Demand elasticity measures the changes in quantity demanded as the result of changes in price. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or higher than one (1) the product is elastic but if the result is lower than 1 the product is inelastic.

In the case, as the elasticity of demand of the museum ticket is 0.45 it means the museum tickets is inelastic. This scenario implies that in front of changes of price the quantity demanded will not change. Thus, as a curator of the museum you should increase the museum ticket price to increase revenue.

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2 years ago