Answer:
Correct option is A
“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option
Explanation
It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.
The transaction's surplus in terms of the economy $30
<h3>Which principle states that the next-best choice you must forego in order to have something is its true cost?</h3>
The idea of opportunity cost, which states that the opportunity lost as a result of a decision, determines the true cost of an economic decision, is closely tied to the principle of substitution.
<h3>What is a sunk cost, give an example, and explain why it doesn't matter when deciding what to do in the future?</h3>
Sunk costs are viewed as bygone in economic decision-making and are not taken into account when determining whether to continue an investment project. Spending $5 million to establish a plant that is expected to cost $10 million is an example of a sunk cost.
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Answer:
Here Hope has missed clicking the Header Row Options.
Explanation:
Here Hope has missed clicking the Header Row Options, that's why the row of Gas an Percentage has gone to the third number. He has chosen the Ascending Order Button, that's why all the data has been arranged in the alphabetically ascending order, which consequently has dislocate the Main heading of Gas and Percentage from the top.
It should be like as shown below (After clicking Header Row Option):
Gas Percentage
Argon 0.93
Carbon Dioxide 0.04
Nitrogen 78.00
Oxygen 21.00
Other Gases 0.03
I would say this type of arrangement between the two largest airlines could be considered a type of cartel whereby most or a high % of the airline passenger market is controlled mostly by two airlines so they think they can raise prices unilaterally.
<u>Solution and Explanation:</u>
<u>The following calculation is made in order to find out the value of sales tax which is payable</u>
Sales including the sales tax = $8,400
Sales tax rate = 5%
Sales Tax ![[\$ 8400 / 105 \% \times 5 \%]](https://tex.z-dn.net/?f=%5B%5C%24%208400%20%2F%20105%20%5C%25%20%5Ctimes%205%20%5C%25%5D)
= $400
Sales ![[\$ 8400 / 105 \% \times 100 \%]](https://tex.z-dn.net/?f=%5B%5C%24%208400%20%2F%20105%20%5C%25%20%5Ctimes%20100%20%5C%25%5D)
= $8,000
Sales Tax payable = $400
<u>The following Journal Entry will be passed in the books of accounts</u>
Date Account Title Debit Credit
Mar 16 Cash $8,400
Sales $8,000
Sales Tax Payable $40
