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jeyben [28]
3 years ago
9

John complained to his buddy, frank, that prices have increased a lot over the past year. frank disagreed, saying that the price

s of some goods have gone up a bit, but other prices have declined, noting that you can get some good buys on houses right now. frank feels that the average price of consumer goods hasn't changed. frank and john can refer to the
Business
1 answer:
Vladimir [108]3 years ago
8 0

frank and john can refer to the Gross Domestic Product (GDP) to understand how government economists view the price situation, GDP accounts for changes in price level and provide a more accurate figure of economic activities over a given period of time.

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Poeple who own operate and take on the financial risk of operating a business are called?​
NARA [144]

Answer:

Entrepreneurs. people who own, operate, and take the risk of a business venture.

6 0
2 years ago
A company uses cash to pay all of the following excepta. All of these choices are correct.b. interest to creditorsc. dividends t
never [62]

Answer:

d. depreciation expense

Explanation:

The expenses which are paid by cash reduced the cash balance displayed in the balance sheet . Like interest to creditors, stockholders dividend, wages expenses, miscellaneous expenses, admin expenses, etc. These expenses can be paid either by cash or by bank account .

But the depreciation expense is a non - cash expense which reduces the fixed asset balance over the fixed asset useful life. Plus this is shown in the income statement on the debit side. Like this other examples would be goodwill impairment, amortization expenses, etc.

3 0
3 years ago
Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse c
zalisa [80]

Answer: c. The new system contained assumptions that did not consider critical factors such as changes in time zones, travel time across hemispheres, and pilot flying hours

Explanation:

Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse course.

The factor that led to the reversal of the new scheduling system is that the new system contained assumptions that did not consider critical factors such as changes in time zones, travel time across hemispheres, and pilot flying hours.

8 0
3 years ago
In September, Year 1, West Corp. made a dividend distribution of one right for each of its 120,000 shares ofoutstanding common s
Sphinxa [80]

Answer:

The correct answer is option C.

Explanation:

Dividend distribution in the first year = 120,000 shares of outstanding common stock

Each right was exercisable.

Though none of the rights have been exercised.

The shares have been redeemed by paying each stockholder=$0.10/right

Reduction in the West's stockholder's equity

=Number of shares*amount paid for redemption

=120,000*$.10

=$12,000

So, option C is the right answer.

8 0
3 years ago
The cable company must own a scarce resource. The cable company is experiencing diseconomies of scale. In order for a monopoly t
Vika [28.1K]

Answer:

It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.

Explanation:

3 0
3 years ago
Read 2 more answers
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