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3 years ago

What do consumers and business in the market economy seek to do ?

2 answers:

6 0

Consumers and business in the market economy seek to earn money so they can buy products so that they don't go out of business.

dangina [55]3 years ago

4 0

They seek money. They will make deals and even rip you off just so they can make there money

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Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is $1 per can, t

Tamiku [17]

Answer:

INCREASE the consumption of Pepsi and REDUCE the consumption of Hamburger

Explanation:

Based on the information given we were told that Bill uses his whole budget to purchase the following :

5 cans of Pepsi

3 Hamburgers per week

And the following were the price:

Pepsi costs $1 per can

Hamburger cost $2

Bill marginal utility:

Pepsi 4

Hamburgers 6

Based on the above details this means that Bill could increase his utility by INCREASING Pepsi consumption and REDUCING hamburger consumption reason been that 5 cans of Pepsi costs $1 per can which will gives us income of $5 ($5×1) while 3 Hamburgers per week cost $2 which will give us income of $6 ($3×2) which typically means that the Hamburgers has more income that Pepsi.

Secondly since the marginal utility for Pepsi is 4 while that of Hamburgers is 6 which means that Hamburgers has higher MARGINAL UTILITY than that of Pepsi because the consumption of Hamburgers is higher than the consumption of Pepsi.

Therefore the best thing that Bill could do in order to increase his Pepsi utility is for Bill to increase Pepsi consumption and reduce hamburger consumption.

8 0

3 years ago

Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will recei

andrezito [222]

Answer:

A.$141.80

Explanation:

Present Value of Trish payments = $P+P\frac{1-(1+(r/m))^{-(n-1)} }{r/m}$

Present Value of Trish payments = $450 + $450 $\frac{1-(1+(0.095/12))^{-(48-1)} }{0.095/12}$

Present Value of Trish payments = $180,54

Present Value of Josh payments = $P\frac{1-(1+(r/m))^{-n} }{r/m}$

Present Value of Josh payments = $450 $\frac{1-(1+(0.095/12))^{-48} }{0.095/12}$

Present Value of Josh payments = $17,912

Difference between two payments = 18054 - 17912 = 141

3 0

3 years ago

Tell me about a time you were able to understand someone else's viewpoint that differed from your own. Describe the situation, y

RoseWind [281]

Answer:

<h3>"I have felt dissatisfied on the job when I feel underpaid and overworked. I don't mind working hard at all, but I don't like to feel as though I'm being taken advantage of." "When I see success few and far between, it is very unmotivating for me. I am a hunter and a true salesperson</h3>

7 0

3 years ago

Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has cash

Misha Larkins [42]

Answer:

A-2 Ratio of real Assets to Total Assets = 0.3

B-2 Ratio of real Assets to Total Assets= 1

C-2 Ratio of real Assets to Total Assets= 0.2

The company has low ratio at the start , increases to full when producing and then again decreases.

Explanation:

The balance sheet after Lanni accepts the Bank Loan. The cash increases and so does the liability increases.

Lanni Products

Balance Sheet

Assets Liabilities & Shareholders' Equity

Cash $ 70,000 Bank loan $ 50,000

Computers $30,000 Shareholders' equity 50,000

Total $ 100,000 Total $ 100,000

A-2 Ratio of real Assets to Total Assets

Real Assets = $ 30,000

Total Assets = $ 100,000

Ratio = 30,000/100,000 = 0.3

B-1

Lanni Products

Balance Sheet

Assets Liabilities & Shareholders' Equity

Software $ 70,000 Bank loan $ 50,000

Computers $30,000 Shareholders' equity 50,000

Total $ 100,000 Total $ 100,000

The software costs $ 70,000. The Balance sheet is as given above and the cash will be replaced by the software.

B-2 Ratio of real Assets to Total Assets

Real Assets = $ 100,000

Total Assets = $ 100,000

Ratio = 100,000/100,000 = 1.0

C-1 The share given are calculated ( 1500 *80= $ 120,000) . And after it accepts the payment the share holder's equity increases and the assets as well.

Lanni Products

Balance Sheet

Assets Liabilities & Shareholders' Equity

Shares $ 120,000 Bank loan $ 50,000

( 1500 *80)

Computers $30,000 Shareholders' equity 100,000

Total $ 150,000 Total $ 150,000

C-2 Ratio of real Assets to Total Assets

Real Assets = $ 30,000

Total Assets = $ 150,000

Ratio = 30,000/150,000 = 0.2

6 0

3 years ago

Basic activities in every accounting department, including sales order processing, accounts receivable, inventory and purchasing

Lelu [443]

Answer:

General ledger

Explanation:

A general ledger in accounting is a book pf account that is meant to record the business' transaction entries towards the preparation of the income statement and the statement of financial position.

It records activities like sales order processing , accounts receivable , inventory and purchasing , accounts payable and payroll

We have two types of general ledger which are private ledger that records transaction on salaries , wages and capitals , and nominal ledger that records transaction on expense , income , depreciation etc.

4 0

3 years ago