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Inga [223]
2 years ago
7

Which is the most accurate statement about trade? a. Trade can make every person better off. b. Trade helps rich people and hurt

s poor people. c. Trading for a good can make a person better off only if the person cannot produce that good itself. d. Trade makes some people better off and others worse off.
Business
1 answer:
laiz [17]2 years ago
7 0

Answer:

a. Trade can make every person better off.

Explanation:

Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.

A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.

It could also trade becasue is the raw material of a finished product and it need more input for his facilities.

If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.

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If a check correctly written and paid by the bank for $272 is incorrectly recorded in the company's books for $227, how should t
djverab [1.8K]

Answer:

Add $45 to the book balance.

Explanation:

This is a transposition error which is an example of error of original entry. A transposition error occurs when the figures are posted in the wrong order, while an error original entry occurs when a wrong amount is entered into the right account. This kind of error usually causes discrepancy between the bank balance and the book balance.

To correct this error in the question, we first find the difference between the right amount and the wrong amount as follows:

Difference = Right amount – Wrong amount = $272 - $227 = $45

Therefore, the difference of $45 will be added to the book balance to bring it into an agreement with the bank treatment as follows:

Bank correct treatment = $272

New book treatment = Wrong amount + Difference = $227 + $45 = $272  

It can now be seen that both posting are now in agreement after the correction.

4 0
3 years ago
The intended audience for the memo is___________.The tone of the memo should be________.Finally, the purpose of the memo is_____
amid [387]

The intended audience for the memo is <u><em>all company employees</em></u>. The tone of the memo should be <em><u>formal</u></em>. Finally, the purpose of the memo is <u><em>to make sure employees understand and follow the updated dress code</em></u>.

7 0
2 years ago
Historical returns have generally been __________ for stocks of small firms as (than) for stocks of large firms.
g100num [7]

Historical returns have generally been higher for stocks of small firms as (than) for stocks of large firms.

<h3>What is stocks?</h3>

Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents fractional ownership of the firm based on the total number of shares.

A stock is a type of instrument that implies the holder owns a share of the issuing firm and is typically traded on stock markets. Corporations issue stock in order to raise funds to run their enterprises. Stock is classified into two types: common and preferred.

Stocks are ownership stakes in a publicly traded corporation. When you purchase stock in a corporation, you become a part-owner of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company.

To know more about stocks follow the link:

brainly.com/question/25818989

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3 0
1 year ago
How should an organization think about cyber defense? What are the limits of a ‘perimeter-oriented’ security posture?
mina [271]

Answer:

In the explanation is a short point of view about the cyber defense and the perimeter oriented posture.

Explanation:

To begin with, the concept known as "Cibersecurity" refers to the process of protection of computer systems and everything related to them like softwares, hardwares or any electronic data that could be harmful and sensitive for the company. The reason why this type of practice has been rising up the last years is due to the fact that the "internet of things" has been growing up as well and everyday the companies need to protect their information more and more. Moreover, the "perimeter-oriented" security posture implicates the focus on the external networks as being bad and on the other side the internal networks as being good and stable. So the reason why the companies should consider the cyber defense important is because they need to protect all the information that could be use against them.

4 0
3 years ago
A firm estimates its average total cost at 90 units of output to be $15. If the firm can sell all of its output at a market pric
SSSSS [86.1K]

Answer:

435

Explanation:

5(90)=450-15=435

8 0
2 years ago
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