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Nina [5.8K]
2 years ago
8

What is the meaning economics ​

Business
1 answer:
Elena L [17]2 years ago
6 0

Answer:

the branch of knowledge concerned with the production, consumption, and transfer of wealth.

2.

the condition of a region or group as regards material prosperity.

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TO: All Employees SUBJECT: New Accounting Supervisor at KBL Toys, Starting August 4
satela [25.4K]
Uh maybe it quiero be
7 0
3 years ago
Read 2 more answers
Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4
devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

Total cost= 45

Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

6 0
2 years ago
A retail store's Sales Account totals $223,000 which includes both the sales revenue and the sales tax on the sales. If the sale
ella [17]

Answer:

$10,619.05

Explanation:

When sales is made at a tax rate of 5%, the entries to be posted in the proportion of the transaction amount

Dr Cash/ Accounts receivable 105%

Cr Sales revenue 100%

Cr Sales tax 5%

As such, if Sales Account totals $223,000 which includes both the sales revenue and the sales tax on the sales, it means that the accounts contains 105%, as such, the sales tax which is the amount owed the taxing agency

= 5/105 * $223,000

= $10,619.05

3 0
3 years ago
Which of the following is true when there is excess demand for a product in a market?
tigry1 [53]
Surplus hope it helps since you did not put any choices ......
7 0
3 years ago
A production center is available for 8 hours per day in a factory. It is comprised of several rotary parts, and the worker opera
cricket20 [7]

Answer:

75%

Explanation:

Since the production center is available for 8 hours per day in a factory, and the worker operating it is required to lubricate these rotary parts once each day.

If it takes 2 hours to remove these parts from the equipment, lubricate them, and re-assemble them and the production center is not available for production during these times;

Then the availability of the production center is 75% which is derived by : [8 hours total - 2 hours downtime / 8 hours total availability] x 100 = 75%

8 0
3 years ago
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