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Zielflug [23.3K]
3 years ago
13

Why is it in our self-interest to economize or pick and choose goods and services that maximize our satisfaction? Because of our

limited incomes conflicting with our insatiable wants for goods and services Because of our unlimited incomes conflicting with our insatiable wants for goods and services Because some goods and services are less expensive than their substitutes so we should choose those cheaper items Because of our limited incomes conflicting with our limited wants for goods and services
Business
1 answer:
Novosadov [1.4K]3 years ago
3 0

Answer:

The correct answer is the first option: Because of our limited incomes conflicting with our insatiable wants for goods and services.

Explanation:

To begin with, in the microeconomics theory, the individuals agents that are the consumers are all the time trying to satisfy their needs due to the fact that there is an unlimited desire for goods and services that keep continue to grow all the time and that conflicts with the fact that most of the people have only few and limited resources to get the necessary income to obtain all of those goods and services. That is why that the consumers always look for the way to maximize their satisfaction according to the available income that they have with the purpose to spend it on those goods and services.

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After all assets are sold and liabilities are settled, the partnership of Bina and Niren is liquidated. Capital balances are $30
mihalych1998 [28]

After all assets are sold and liabilities are settled, the partnership of Bina and Niren is liquidated. Capital balances are $30,000 for Bina and $20,000 for Niren. Cash distributed is $50,000. The transaction to record the distribution of cash to Bina will include a (debit/credit) to Bina, Capital in the amount of $ .<u>debit; $30,000 ( When the partnership is liquidated, the capital balances will be debited to reduce them to zero)</u>

<h3>What is Capital balances?</h3>

In international macroeconomics, the capital account is the portion of the balance of payments that keeps track of all transactions between entities in one country and entities in other countries. These exchanges involve the import and export of commodities, services, capital, as well as transfer payments like remittances and international aid. A capital account and a current account make up the balance of payments, while a more specific definition subdivides the capital account into a financial account and a capital account. The current account monitors the country's net revenue, whereas the capital account tracks changes in national ownership of assets.

The capital account in accounting displays the net worth of a company at a particular point in time.

To learn more about the Capital balances from the given link:

brainly.com/question/25765264

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3 0
10 months ago
Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materia
Leya [2.2K]

Answer:

cost of goods manufactured= $788,400

Explanation:

Giving the following information:

Cost of direct materials used in production $280,000

Direct labor 324,000

Factory overhead 188,900

Work in process inventory, April 1 72,300

Work in process inventory, April 30 76,800

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 72,300 + 280,000 + 324,000 + 188,900 - 76,800

cost of goods manufactured= $788,400

6 0
3 years ago
Reward power relies upon persuading others based upon giving them some form of reward. It is most appropriately used when:
Illusion [34]

Answer:

The correct answer is A. a team member performs well.

Explanation:

The power of reward arises from the ability of a person to influence the allocation of incentives in an organization. These incentives include salary increases, positive evaluations and promotions. In an organization, people who exercise the power of reward tend to influence the actions of other employees. Reward power, if used well, motivates employees. But if applied through favoritism, power can demoralize employees and decrease their production.

6 0
2 years ago
Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sight
natta225 [31]

Answer:

<u>$1,300</u>

Explanation:

Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;

  • <u>$400 for round-trip airfare to San Francisco</u>
  • <u>  $250 fee to register for the conference,</u>
  • <u>  $300 per night for three night’s lodging,</u>
  • <u>  $200 for meals, and</u>
  • <u>  $150 for cab fare.</u>

A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.

5 0
3 years ago
Read 2 more answers
Let’s say your friend wants to invest all of her saved money into ONE individual stock. Is this a good idea? Why or why not?
OverLord2011 [107]

This is not a good idea as stocks are volatile.

Explanation:

One must never invest a lot of money in only one stock as the stocks are wont to change over time and gain or lose value.

If one wants a long term investment with at least some amount of safety they must be investing in stocks that grow consistently and then to break up the capital in small chunks and then invest them.

All of these can be invested in different shares in the market and then the shares would be more safe.

Even if one or two shares fall the others will be safe.

3 0
3 years ago
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