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Galina-37 [17]
4 years ago
13

Determine if the items represent an example of positive economics or normative economics. The richest 1 % of Americans should pa

y more taxes than the
Business
1 answer:
DerKrebs [107]4 years ago
4 0

Answer:

The correct choice will be "Normative Economics ".

Explanation:

  • Normative economics explores how well and why the economy could or ought to have been instead of what it truly is or was, proposing measures to boost public wellbeing.
  • Normative implies related to or relying on what is perceived to have been the right or natural way of doing anything, an appropriate standard or pattern.
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Restaurants do a large volume of business by credit and debit cards. Suppose Spring Garden Salads restaurant had these transacti
shusha [124]

Answer and Explanation:

The journal entries are shown below:

1. Processor charges - Credit card expense Dr  ($10,500 × 3%) $315

  Cash Dr  $10,185

                To Sales Revenue $10,500

(Being the credit card expense is recorded)

For recording this we debited the cash and expenses as it increased the asset and expenses  and credited the sales revenue as it also increased the revenue  

Processor charges - debit card expense Dr  ($6,000 × 3%) $180

  Cash Dr  $5,820

                To Sales Revenue $6,000

(Being the debit card expense is recorded)

For recording this we debited the cash and expenses as it increased the asset and expenses  and credited the sales revenue as it also increased the revenue  

2.  Cash Dr  $10,500

          To Sales Revenue $10,500

(Being the cash receipt is recorded)

For recording this we debited the cash as it increased the asset and credited the sales revenue as it also increased the revenue  

Cash Dr  $6,000

          To Sales Revenue $6,000

(Being the cash receipt is recorded)

For recording this we debited the cash as it increased the asset and credited the sales revenue as it also increased the revenue  

7 0
3 years ago
Which of the following statements about sexual attraction and intimacy in the Which of the following statements about sexual att
alina1380 [7]
D. ROMANCE BETWEEN A WORKER AND A SUPERVISOR MUST ALWAYS BE OUT OF BOUNDS.

This is true particularly when the worker is under the direct supervision of the supervisor. Romantic involvement is discouraged because it the case of supervisor and worker, there is a conflict of interest and it is unfair for other workers under the supervision of the same supervisor.

In the event that a romance between worker and supervisor is inevitable, it is more prudent for the worker to request for transfer to another division wherein she or he will not be under the supervisor's authority. 

The price of a failed workplace romance may not always be your job. It may be hard one both parts but if they truly need their jobs and with no other employment option in sight, they must accept their failure and move on.

It is possible to keep personal and work roles separate. As long as you both are mature enough to set and discuss boundaries.

Productivity and efficiency are affected by office romance. Your performance is a reflection on your emotional well-being. If you fought with your partner, most likely, you will perform a lackluster job.
6 0
3 years ago
Read 2 more answers
An insurance adjuster processes the claims of six policy holders in an eight hour work day. The adjuster uses $5 in gasoline and
natta225 [31]

Answer:

0.75 claims per hour

Explanation:

The goal is to determine the single factor productivity of the Insurance adjuster.

Step 1: Know the formula for Singe Productivity

Single Factor Productivity= Units Produced/ Labour Hours Used

Step 2: Calculate the productivity

Units Produced = 6 (the Procesing of the claims of six policy holders)

Labour Hours used = 8 (The number of hours used to process the claims per day)

Single factor Productivity= 6/8 = 0.75 claims per hour.

7 0
4 years ago
In a safety stock problem where both demand and lead time are variable, demand averages 150 units per day with a daily standard
Lapatulllka [165]

Answer:

c.154

Explanation:

In a safety stock problem where both demand and lead time are variable, demand averages 150 units per day with a daily standard deviation of 16, and lead time averages 5 days with a standard deviation of 1 day. The standard deviation of demand during lead time is approximately: 154 units

6 0
3 years ago
Samantha just purchased a new Samsung Galaxy cell phone. Soon after her purchase, she began seeing commercials for the newest iP
Alik [6]

Answer: Samantha is experiencing ''Cognitive dissonance''

Explanation: Congnitive dissonace it the state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change.

   

3 0
3 years ago
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