A breakdown in bargaining happens when one party repeatedly holds our for a better deal. In this cases, private solutions to this kind of externalities is deemed necessary. Though bargaining is quite common among transactions made by economists, it cannot be helped that there are certain problems that arise from this.
I think the answer is a but I am not for sure
Answer:
-$850
Explanation:
The computation of the net income or loss using the cash method is shown below:
= Received cash from customers - accrued salary expense - paid electricity bill
= $1,870 - $2,590 - $130
= -$850
As we can see that the total of expenses is more than the revenue generated so it would be the net loss and the same is to be shown in a negative sign
Hence, the net loss is of -$850
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Health Resources expects to sell:
480 units of Product A
440 units of Product B
Selling price:
Product A= $19
Product B= $32
Cost:
Product A is 40% of its selling price= $7.6
Product B is 62% of its selling price= $19.84
Sales:
Product A= 480*7 days* 19= $63,840
Product B= 440*7*32= $98,560
