Markets provide the efficient amount of a good or service when <span>externalities and public goods are absent.
Externalities in this case refers to an unpredictable occurence such as natural disasters, and public goods refers to the goods that given from the government for lower or higher than the market price</span>
As a boat operator, the law make it mandatory that you should stop and assist other boaters who are involves in accidents if there is no danger to you, your passengers or your boat. People who render assistance at boat accident scenes are not hold liable for any civil damage because of the assistance they render.
Answer:
C. If federal taxes are decreased will consumer spending increase?
Explanation:
One keen question that falls under the domain of macroeconomics is the behavior of consumer spending when taxes are decreased.
- Macroeconomics presents approaches the study of the economy in a holistic way.
- Every aspect of the economy is considered before strategic economic decisions are taken.
- Interest rates, inflation, unemployment rate, foreign trade etc. are all categorized under macroeconomics.
Answer:
The correct answer is letter "A": Sales invoice.
Explanation:
In a Business-to-Business (B2B) transaction sales invoices are provided to record the goods or services exchanged between entities or the record the services rendered from one company to the other. The information included in the invoice reflects the details of the operation such as <em>good or service acquired, quantity, date, </em>and <em>price</em>. This feed could help businesses to predict the future behavior of the other entity or to provide profitable suggestions to them.
Answer: an increment in profit $1615
Explanation:
2700 pounds of Banana
Total cost = $864
If sold = $1485
When converted into bread $2565 and sold at the cost of $4480
Oven rentage = $300
What is the incremental effect on income if Publix converts the bananas to banana bread?
Sales Amount - Expenses incurred
= $4480 - $2565 + $300
= $4480 - $2865
= $1615
If he had sold the bananas
Sales amount - cost amount
= $1485 - $864
= $621
By converting the bananas to bread the incremental effect on income is it would yield more profits at $1615 compared to when sold at which is $621
