Answer:
b
Explanation:
when firms enter into an industry, there are more firms competing for customers. This would shift the demand curve to the right as supply increases. An increase in supply would lead to a reduction in price.
If firms leave the industry, there would be a reduction in supply and price would increase
Answer:
a. They are what households or firms pay for products or resources.
Explanation:
The circular flow model shows how money flows in the society, from producers to workers in the form of wages, and back to the producers as money paid for products thereby providing exchange between the household and the firm.
The household work for firms in exchange for money to pay for goods and services offered by the firm while the firm sell there goods to the household so as to be able to generate profits.
Answer:
$81,000
Explanation:
The computation of the amount of opportunity cost for running her own pharmacy is shown below:
= Earning as a job + rent expenses + utilities expenses
= $50,000 + $6,000 + $25,000
= $81,000
By adding the earnings, rent expenses, and the utility expenses we can get the opportunity cost for running her own pharmacy
I believe the answer is: All of the above
<span>- Credit scores reflect how likely individuals are to repay their debts.
(for example, your credit scores would get lower if you miss your credit card payments or always maxing your credit card limit)
- Credit scores range from the low 300’s to the mid 800’s.
( this standard is used by all credit companies across united states, as the scores got higher, The more likely the credit card holder will pay their due)
- Each person has three credit scores.
(one from equifax, one from transunion, one from Experian)</span>
Answer:
The correct answer is Sarbanes-Oxley Act.
Explanation:
The Sarbanes-Oxley Act is a federal law of the United States that has generated a lot of controversy, since this Law is in response to the financial scandals of some large corporations, including cases that affect Enron, Tyco International, WorldCom and Peregrine Systems. These scandals brought down public confidence in accounting and auditing systems.
The Law takes the name of Senator Paul Sarbanes (Democrat) and Congressman Michael G. Oxley (Republican), and was approved by a large majority, both in Congress and the Senate. The legislation covers and sets new standards for the board of directors and management and accounting mechanisms of all publicly traded companies in the United States. It introduces criminal responsibilities for the board of directors and establishes some requirements on the part of the SEC (Securities and Exchanges Commission), that is, the regulatory commission of the United States stock market.
