Answer:
c. can improve its allocation by producing more of one good and less of the other.
Explanation:
Production possibility curve shows all the combinations not two products that can be produced by an economy with a given level of resources. When more of one good is produced, less of the other is produced.
When the marginal benefit of the goods are not equal to the marginal cost, the economy can find a balance where the benefits of producing bother goods exceeds their cost.
This can be done by producing more of one good and less of the other.
Answer:
The correct answer is letter "E": a grease payment.
Explanation:
Grease payments are types of bribes given to low-rank deputies to expedite a business decision, delivery or other transaction characterized for providing that representative an insignificant amount of money for that person to make the favor, usually when the fact of giving that money is legally needles.
Answer:
yes
Explanation:
The way the system works is tricky but the thing to realize is that people can always be deceitful and act different than they are.
A) accounts receivable
Hope this helped!
Answer:
The expanding accounting equation is:
Assets = Liabilities + Stockholders Equity
[Common Stock + Retained Earnings]
(Revenues - Expenses - Dividends)
Now, we replace the amounts in the formula
$84,325 = $2,560 + X
[ X + R ]
($54,780 - $28,125 - $13,450)
$84,325 = $2,560 + X
[ X + R ]
($54,780 - $28,125 - $13,450)
$84,325 = $2,560 + X
[ X + $13,205 ]
$84,325 = $2,560 + X
[ 68,560 + $13,205 ]
$84,325 = $2,560 + $81,765
Both sides are now equal to $84,325
Thus, Common Stock = $68,560