Answer:
a. Trade can make every person better off.
Explanation:
Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.
A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.
It could also trade becasue is the raw material of a finished product and it need more input for his facilities.
If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.
Answer:
The journal entry for recording the original sale is shown below:
Explanation:
The journal entry for recording the original sale is as follows:
Accounts receivable A/c................................Dr $735
Sales Tax A/c...................................................Cr $35
Sales A/c............................................................Cr $700
As sales is made on credit so the accounts receivable account will be debited against the Sales account, which is credited. And there is sales tax charged on selling necklaces, which is credited to the sales tax account.
Computation of Sales Tax as:
Sales tax = Selling amount × Tax
where
Selling amount = Number of Necklaces × Price
= 20 × $35
= $700
So,
Sales tax = $700 × 5%
Sales tax = $35
Agriculture:
- farms
- biotechnology ( now)
- food ( wheat,grain)
Answer:
the answer is
if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year
Answer options:
a. partly successful.
b. partly unsuccessful.
c. totally successful.
d. totally unsuccessful.
Answer:
D) totally unsuccessful.
Explanation:
Since Sari ratified the contract that Rolf made with Tige, then she should not try to rescind it because Tige can enforce it. Sari had the chance to void the contract, but instead she voluntarily decided to ratify it, and by doing so she expressly agreed to perform her part (which is paying for it).
