How often should you typically monitor your checking account?

The rationing function of prices refers to the fact that government must distribute any surplus goods that may be left in a comp

natulia [17]

Answer: false

Explanation: The rationing function of price describes the way in which the use of price is done for rationing of several scarce resource. This is done automatically by the market forces of demand and supply as when the demand for a commodity exceeds its supply the price of the commodity rises leading to decrease in demand.

Thus, rationing function states to ration the goods and distribute them carefully and not to distribute the surplus amount.

4 0

3 years ago

The following transactions occurred during March 2016 for the Wainwright Corporation. The company owns and operates a wholesale

Triss [41]

Answer:

1. Financing Activity : $300,000

2.Investing Activity : $10,000 and Non-cash Financing and Investing Activity : $30,000

3.Operating Activity : - $90,000

4.Operating Activity : $50,000

5.Operating Activity : -$5,000

6.Operating Activity : -$6,000

7.Operating Activity : -$70,000

8.Operating Activity : $55,000

9.Operating Activity : $1,000

Explanation:

Operating Activities involves the entity`s trading operation in ordinary course of business.

Investing Activities involves the entity`s sale or purchase of Investments.

Financing Activities involves the entity`s acquisition and sale of funds.

6 0

3 years ago

The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the ma

jek_recluse [69]

Answer:

Check the explanation

Explanation:

C(x) = 0.06x^2 - 6x + 218

Its a quadratic function , minima would occur at vertex.

x is no. of digital cameras

x = -b/2a = -(-6/2*0.06) = 50 cameras

Minimum marginal cost : C(50) = 0.06(50)^2 - 6*50 + 218 = $ 68

4 0

3 years ago

Which of the following is not correct?a. If the inflation rate exceeds the nominal interest rate, then the purchasing power of a

lilavasa [31]

Answer:

The options which is NOT correct is C.

Purchasing power does not increase with inrease in the rate of inflation. There is an inverse relationship between inflation and purchasing power of money.

Explanation:

Inflation refers to the overall increase in prices of goods and services and the erosion of the power of the currency to purchase those goods and services. In otherwords, when inflation happens, one requires more dollar bills to purchase same unit of goods or services.

Deflation is the opposite of inflation. It refers to the decrease in the prices of goods and services and is usually accompained by an increase in the purchasing power of the currency.

Nominal interest rate simply put is the interest payable on a loan without considering processing fees, compounding interest payable and the erosion of the value of such money.

Cheers!

4 0

2 years ago

One reason buy a home instead of rent a home is

xxTIMURxx [149]

<span>By renting a home instead of purchasing one, you are paying someone else's mortgage every month and getting nothing in return. While you are gaining a home to live in for the short term, in the long term you will gain nothing. When you purchase a home you will have a home that you own and that you cannot be evicted from as long as you pay your mortgage.</span>

4 0

3 years ago