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fomenos
3 years ago
10

What are the three basic questions faced by every economy

Business
2 answers:
Likurg_2 [28]3 years ago
5 0

The three basic questions asked are:

1. What goods and services should be produced?

This is asked because the economy wants to produce what the consumers want or else the resources aren't being used efficiently since resources are scarce.

2. How should we produce them?

This is asked because the producers don't want to spend unnecessary time or money on production, so they must choose wisely what method of production is best for their company and consumers.

3. Who are the consumers?

This is asked because the producers want to make sure that they are targeting the right people with advertising or selling.

Hope this helped!

~Just a girl in love with Shawn Mendes

avanturin [10]3 years ago
3 0

Answer:

  1. In economies they are 2.
  2. First.
<h2><em><u>Presidential</u></em><em><u>:</u></em><em><u> </u></em><em><u>1</u></em><em><u>)</u></em><em><u>A</u></em><em><u> </u></em><em><u>manifesto</u></em><em><u> </u></em><em><u>to</u></em><em><u> </u></em><em><u>keep</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>citizens</u></em><em><u> </u></em><em><u>vote</u></em><em><u>.</u></em></h2>

<em><u>2</u></em><em><u>)</u></em><em><u> </u></em><em><u>Situations</u></em><em><u> </u></em><em><u>to</u></em><em><u> </u></em><em><u>curb</u></em><em><u>.</u></em>

<em><u>3</u></em><em><u>.</u></em><em><u>)</u></em><em><u>Employment</u></em><em><u>.</u></em><em><u>.</u></em>

<h2><em><u>Business</u></em><em><u>:</u></em></h2>

<em><u>1</u></em><em><u>)</u></em><em><u> </u></em><em><u>Sociable</u></em><em><u> </u></em><em><u>workers</u></em>

<em><u>Goods</u></em><em><u> </u></em><em><u>and</u></em><em><u> </u></em><em><u>services</u></em>

<em><u>Consumers</u></em><em><u> </u></em><em><u>or</u></em><em><u> </u></em><em><u>buyers</u></em><em><u>.</u></em>

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Bauerly Co. owned 70% of the voting common stock of Devin Co. During 2012, Devin made frequent sales of inventory to Bauerly. Th
kolezko [41]

Answer:

                                                                         $                            $

Net Income (137000*30%) (a)                                             41,100

Add:  

Unrealized gains in the beginning inventory 40,000  

Unrealized gains at the end of the year         25,000  

Difference                                                         15,000  

(NCI in Unrealized gain (15,000*30%) (b)                             4,500

Non-controlling interest's share of Devin's net income for 2012 ($41,100+$4,500)                                                                    45,600

Non-controlling interest's share of Devin's net income for 2012= $45,600

Explanation:

7 0
3 years ago
Which of the following statements is (are) TRUE?
tatiyna

Answer:

I. If labor and capital are perfect substitutes in production, the isoquant is a straight, downward-sloping line.  

II. If a company needs to use inputs in fixed proportion such that the capital to labor ratio is always 2, the firm's isoquants are L-shaped.

Explanation:

Perfectly substittuable goods have straight downward sloping ICs, and have corner solutions .

Complementary goods (used in fixed proportions) are L shaped always , In case of min(x,y) function, the answer is the value of x or y which ever is minimum and not their sum.

Therefore, Only statements I and II are true.

4 0
3 years ago
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If the objective of your life insurance program is to get the greatest death protection now for your insurance dollars, you shou
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3 years ago
Keyser Beverage Company reported the following items in the most recent year.
sladkih [1.3K]

Answer:

Net cash provided by operating activities = $49,730

Net change in cash during the year = $56,750

Explanation:

CASH FLOWS FROM OPERATING ACTIVITIES  $

Net Income     43,490

<em>Adjustments to reconcile net income to      </em>

<em>net cash provided by operating activities:      </em>

Depreciation on Fixed Assets    7,970  

<em>(Increase) Decrease in Current Assets:      </em>

Accounts Receivables    (10,700)

<em>Increase (Decrease) in Current Liabilities:     </em>

Accounts Payable     8,970

NET CASH PROVIDED BY OPERATING ACTIVITIES 49,730

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Equipment    (9,000)

NET CASH USED IN INVESTING ACTIVITIES  (9,000)

CASH FLOWS FROM FINANCING ACTIVITIES

Payment of Cash Dividends    (5,480)

Issue of notes payable    21,500

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES 16,020

NET INCREASE (DECREASE) IN CASH   56,750

3 0
3 years ago
Universal Foods issued 10% bonds, dated January 1, with a face amount of $260 million on January 1, 2018. The bonds mature on De
kondaur [170]

Answer:

The bonds were issued at $220,879,628.13

This is lower than the face value to compensate for the lower coupon payment.

cash               220,879,628.13   debit

discount on BP  39,120,371.87   debit

   bonds payable      260,000,000 credit

--to record the issuance of the bonds--

Interest expense 13,252,777.69 debit

Discoun on BP               252,777.69 credit

 cash          13,000,000      credit

--to record the first interest payment--

Interest expense 13,267,944.35 debit

        Discount on BP                267,944.35 credit

 Cash          13,000,000     credit

--to record second interest payment--

Interest expense 13,539,156.67 debit

Discount on BP              539,156.67 credit

cash                   13,000,000.00 credit

--to record Dec 31st, 2025 payment--

Explanation:

To determinate the price we will solve for the present value of the coupon payment and maturity at the market rate of %12

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Coupon payment:

260,000,000 x 10% x 1/2 =13,000,000.000

time 20 years x 2 payment per year 40

yield to maturity  12% / 2 = 6%

13000000 \times \frac{1-(1+0.06)^{-40} }{0.06} = PV\\

PV $195,601,859.3298

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   260,000,000.00

time   40.00

rate  0.06

\frac{260000000}{(1 + 0.06)^{40} } = PV  

PV   25,277,768.80

PV c $195,601,859.3298

PV m  $25,277,768.8042

Total $220,879,628.1340

For the journal entries, we will multiply this current market price of the bonds by the market rate (YTM) the difference between this and the actual cash obligation generate by the bond is the amortization of the discount.

<u>first interest payment </u>

$220,879,628.13 x 6% = 13,252,777.69

less actual cash outlay:  13,000,000

amortization                          252,777.69

<u>second interest payment</u>

($220,879,628.13- $252,777.69) x 6% = 13,267,944.35

less actual cash outlay:                      <u>     13,000,000.00</u>

amortization                                                   267,944.35

December 31st, 2025:

This will be payment 14th

after building the schedule until that date we got:

8 0
3 years ago
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