B. in a free market economy, prices and wages result from natural forces
since government will not take any involvement in the economy, prices and wages will be determined by the power of supply and demand
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Answer:
a) demand curve and demand schedule
Explanation:
A demand schedule is actually a table while a demand curve is a graph. Understanding the difference between the two of them is important in answering this question but both show different quantities of goods that consumers are willing to buy at different prices. An important assumption is that other factors affecting the quantity demanded are held constant. In summary, a demand schedule shows this relationship in a tabular form while demand curve shows it in a graphical form.
Answer:
depreciate
Explanation:
Straight-line, declining-balance, and activity-based refer to methods commonly used to <u>_depreciate_</u> property, plant, and equipment.
Answer:
c. debit to Payroll Tax Expense for $1,050.
Explanation:
The payroll tax expense includes various expense like - Social security tax payable, medicare tax payable, unemployment tax payable, etc.
So, we consider these items only.
The journal entry is shown below:
Payroll expense A/c Dr XXXXX
To Social security taxes payable A/c XXXXX
To Medicare taxes payable A/c XXXXX
(Being payroll expense is recorded)
All other information which is given is not relevant. Hence, ignored it
The option that John's attorney is going to advise him to do in order to achieve these goals would be to give a life estate to Brenda.
<h3>What is a life estate?</h3>
A life estate can be described to be an estate that a person owns and they are able to use it during the period of their lifetime.
The attorney would advise John on this with the right of reversion after she dies.
Read more on life estate here:
brainly.com/question/14115541
