Transfer payment is a payment made by : Government, but not in exchange for a currently produced good or service.
<h3>What is transfer payment?</h3>
Transfer payment refers to a public expenditure, which is made purposely for unemployment compensation other than procuring goods or services. It is money or other aid that is given by a government without any good or service in return.
Examples of transfer payments include:
- Welfare
- Financial aid
- Social security
- Government subsidies for certain businesses.
Hence, transfer payment is a payment made by government, but not in exchange for a currently produced good or service.
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Answer:
C. A proposal of products that will solve the prospect's problems.
Explanation:
With regards to the above scenario, both Joan and Sarah put together a proposal of products that will solve the project's problems by critically analyzing the needs of the huge new prospect and providing various options.
Here, both staff knew the need of the prospect hence are able to come up with necessary questions and various solutions that would address the needs.
In addressing a need, various alternatives to providing solution to that need must be made available which is what was provided to the huge new client.
Answer:
keep producing as variable costs are being met.
Explanation:
A firm should shutdown in the short run if price is less than average variable cost. But since price is greater than the average variable cost, the firm should keep producing in the short run.
I hope my answer helps you
Janice's choice is an example of fiscal responsibility. Fiscal responsibility is characterized as utilizing the assets of the patient to amplify medical advantages while at the same time using the assets of the organization to boost cost-adequacy. Being monetarily dependable means settling on capable asset portion choices.
D for sure is the correct answer
