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Sergeu [11.5K]
3 years ago
10

Which of the following best illustrates the concept of "derived demand?"

Business
1 answer:
Naddik [55]3 years ago
7 0

Answer:

b) An automobile producer's decision to supply more cars will lead to an increase in the demand for automobile production workers.

Explanation:

Derived demand describes the demand for a product or service that results from the demand for an intermediate or a related good or service. Demand is only referred to as derived if it's solely as a result of the product being demanded to produce or acquire other goods or services. The demand for intermediate or related goods is directly proportional. Should the demand for a good increase, the demand for its related or intermediate goods increases.

An increase in the supply of car implies more workers will be needed to work to produce them. The increase in demand for workers is purely a result of an increase in the production of cars.

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d1i1m1o1n [39]

Answer:

1. True

2. False

Explanation:

1. It is true that Partnerships generally have a tax advantage over corporations because Partnerships never really pay taxes since profits and losses are passed on to their owners since they share profits and losses, these partners then incorporate these profits in their personal income tax.

Secondly Partnerships avoid the double taxation because corporations are taxed and their owners (shareholders) are taxed when they earn dividends.

Thirdly, in corporations losses are not passed on to their shareholders to reduce their tax payable but that is a benefit in partnerships.

2. It is false that Corporations are generally less highly regulated than proprietorships because proprietorships are non required by law to publish their statement of affairs but quoted companies are mandated by law to do so. Corporate governance and audits are mandatory for corporations but not for proprietors

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Answer:

C. $ 344,000

Explanation:

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Total assets = Total liabilities + stockholder equity  

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Total assets = $1,570,000 + $2,382,000

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And, the total assets equal to

Total assets = Cash + Marketable securities + Accounts receivable + Inventory + Non-current assets

$3,952,000 = Cash + $228,000 + $860,000 + $490,000 + $2,030,000

$3,952,000 = Cash + $3,608,000

So, the cash would be

= $344,000

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