1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
love history [14]
3 years ago
12

Economics is the study of how people, businesses and governments make choices when faced with an unlimited supply of resources.

Business
1 answer:
Setler79 [48]3 years ago
8 0
True i think but i could be wrong
You might be interested in
Dirth company sells only one product at a regular price of $7.50 per unit. variable expenses are 60% of sales and fixed expenses
makvit [3.9K]

Contribution is the difference between the Sales per unit and the variable cost per unit. When the selling price reduced to $6 per unit,

Contribution per unit = Sales per unit - Variable Cost per unit

Contribution per unit = $6 - ($6*0.6)

Contribution per unit = $2.4 per unit.

Now, the contribution margin ratio = Contribution per unit / Sales per unit

Contribution Margin Ratio = $2.4 / $6

Contribution Margin Ratio = 0.4 or 40%

Contribution Margin ratio when the sales price is $6 per unit is 40%.

8 0
3 years ago
An insurance settlement offer includes annual payments of $36,000, $42,000, and $50,000 over the next three years, respectively,
padilas [110]
It’s C bc u add up all the money
4 0
2 years ago
Read 2 more answers
Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job-order costing firm, worked on three jo
vladimir1956 [14]

Answer:

Attached is the solution.

5 0
3 years ago
Which one of the following is not a financial intermediary? A. Security dealers B. Insurance companies C. Real estate investment
Mars2501 [29]
I think the answer is A) Security dealers
6 0
3 years ago
Is there any disadvantage to a government subsidizing domestic firms to make them able to compete in price with cheaper imported
antoniya [11.8K]
They could end up financing them too much and need to borrow more money from China (we are very much in debt right now) nd then we would have more to pay

8 0
2 years ago
Other questions:
  • In addition to an overall intelligence score, the wais provides separate scores for such skills as
    11·1 answer
  • Which type of fund should you consider if you're seeking high long-term returns and can tolerate the normal ups and downs of the
    8·2 answers
  • You first look at the trial balance. In addition to the account balances reported in the income statement, the ledger contains t
    15·1 answer
  • Describe the three important trends in the us economy
    13·1 answer
  • Loaded-Up Fund charges a 12b-1 fee of 1.00% and maintains an expense ratio of 0.50%. Economy Fund charges a front-end load of 3.
    9·1 answer
  • Describe a real or made up but realistic example of earned income that you or someone you know has received. What type of work w
    15·1 answer
  • A debit balance in Allowance for Doubtful Accounts a. is the normal balance for that account b. cannot occur if the percentage o
    14·1 answer
  • Suppose that you are a big fan of the Harry Potter books. You would love to own a copy of the very first printing of the first​
    6·1 answer
  • What is the normal balance for the allowance for doubtful accounts (debit or credit), and why?
    6·1 answer
  • The long-run aggregate supply curve shifts right if:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!