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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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Review and complete the following statement regarding the Income Summary account. The Income Summary account is (debited/credite
Artist 52 [7]

Answer:

Credited , Debited, and Retained Earnings

Explanation:

The closing entries are presented below:

1. Revenue A/c Dr XXXXX

              To Income summary A/c XXXXX

(Being the revenue account is closed)

2. Income summary A/c Dr XXXXX

            To Expenses A/c XXXXX

(Being the expenses are closed)

3. Income summary A/c Dr XXXXX

          To Retained earnings A/c XXXXX

(Being the difference i.e net profit  is recorded)

8 0
3 years ago
"Raising the interest rate on reserves above the current fed funds rate means that the floor of reserve demand will push the equ
Dennis_Churaev [7]

Answer:

True.

Explanation:

The federal fund rates, commonly referred to as fed funds rates can be defined as the interest rate at which banks in the U.S lend money to other depository financial institutions, such as credit union or banks, mainly without any collateral and on an overnight basis.

Raising the interest rate on reserves above the current fed funds rate means that the floor of reserve demand will push the equilibrium fed funds rate up along with the interest rate on reserves. Both borrowed reserves and non-borrowed reserves will remain the same.

However, when the Fed reduces the interest rate on reserves below the current fed funds rate, it simply means that, there would be a leftward shift in the demand for reserve line, at any given interest rate. Thus, causing the fed funds rate to decrease, while borrowed reserves and non-borrowed reserves remain unchanged.

3 0
3 years ago
Establezca estrategias para controlar la efectividad del presupuesto en el emprendimiento.
avanturin [10]

Answer:

La opulencia fuera

Los escritorios de maderas finales, las sofisticadas cafeteras y otras amenidades de oficina no son en absoluto una prioridad. Trata de optimizar gastos comenzando por ser un líder austero, tal como muchos CEO globales aseguran ser. Muchos de ellos tienen exactamente el mismo escritorio que sus empleados, como Peter Arvai, CEO de Prezi.

ExplaUno de los gastos que mermarán mucho tu presupuesto será pagar una renta mes tras mes, por lo que, en un primer momento, mientras el proyecto crece es una excelente opción es recurrir al home office, lo que hará rendir más el presupuesto y tiempo. Muchas de las grandes empresas iniciaron en una cochera.

Colaboraciones

Realizar convenios con otras empresas que pertenezcan a tu sector pero que no sean tu competencia directa es otra de las formas en las que lograrás optimizar el presupuesto que tienes destinado para publicidad. Asimismo, te ayudará a crear vínculos de negocios y una cartera de contactos que te será en todo momento útil. Crear una red de emprendedores es una estrategia fundamental para promover distintos proyectos de forma simultánea.

nation:

7 0
3 years ago
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galben [10]
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8 0
2 years ago
Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
Masja [62]

Answer:

$861

Explanation:

Fixed predetermined overhead rate = Total fixed overhead cost/Total labor hours

= $ 74,000/74,000 = $ 1 PLH

Variable predetermined overhead rate = $ 3.10 PLH

Applied overhead rate = Fixed predetermined overhead rate + Variable predetermined overhead rate = $ 1 + $ 3.10 = $ 4.1 PLH

Applied overhead cost for Job X387 = Applied overhead rate x No. of labor hours required for job X387 = $ 4.1 x 210 = $ 861

8 0
3 years ago
Read 2 more answers
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