Answer: The correct answer is c) It does not provide for everyoned.
Explanation:
In a market economy, the problem is that we are not born with the same opportunities, nor the possibility of accessing the same factors of production, nor are we equally qualified in all fields. That is, those who are born in a family with less economic resources, or simply are not enabled in activities that have more benefits, are at a disadvantage compared to the rest of the individuals. These inequalities end up generating inequalities in income distribution.
Answer:
Gross profit= 131,500
Explanation:
Giving the following information:
Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experienced these variances: Materials price: $2,400 F Materials quantity: $1,400 U Labor price: $2,000 U Labor quantity: $1,000 F Overhead: $1,500 F
To calculate the cost of goods sold, we use actaul costs and quantity of direct labor and direct materials. Therefore, the only estimated cost is overhead.
Gross profit= 220,000 - 90,000 + 1,500= 131,500
Answer:
C. there is more supply than demand
Explanation:
surplus means extra so there's more in supply than demand
Answer: Option A
Explanation: Behavioral finance refers to the impact of investors behavior and emotions on their decision making. It is based on the concept that investors are not rational decision makers and sometimes get biased as according to their preferences.
Thus, the investors can study this concept so they can fully understand how the psychological factors influence their decision making. This can help the investors in rational decision making for the future.
Hence from the above we can conclude that the correct option is A.
