They are at a standstill with each other and can make business happen with each other. Therefore they're like associates or friends working together to better themselves.
Answer:
The correct answer is: in all decision making.
Explanation:
Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.
Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.
Answer: Definition the problem.
Explanation:
In trying to solve a problem, the first and the most basic step to take is to identify or define the problem, this stage involves determining the circumstances and situation as it helps one to be focused and pay attention to what the real problem is.
It is the first step and the most important, although it is most times difficult.
Defining the problem must answer the question "why", "who", "where","what", "how" and "when".
Defining the problem helps one to gain control over the situation.
Answer:
$440 millions
Explanation:
The computation of the net cash inflows (outflows) from operating activities is shown below:
Cash flow from Operating activities
Cash received from Customers $4,200
Interest on investments $360
Less: Cash paid
Interest on debt -$460
Income tax -$240
Purchase of inventory -$2,600
Operating expenses -$820
Net Cash flow from Operating activities $440 millions
