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CaHeK987 [17]
2 years ago
8

For a given question to be considered an economic question, it must involve

Business
1 answer:
Elena-2011 [213]2 years ago
6 0
<span>it must include limited resources and making a choice.
Economy is the knowledge that teach us how to allocate limited resource in order to obtain as much value as possible.
To obtain that kind of value, it will involve making a choice after considering our situation, our capabilities, and our competitors</span>
You might be interested in
A candy company called Hearts Aflame Inc. forms an agreement with
denis-greek [22]

Answer:

The correct option is (B)

Explanation:

A strategic equity alliance is made when one organization buys a specific value level of the other organization. When Candy bought 30% of the value in Dreamcatcher Inc., an equity alliance was formed. In this type of alliance, one company buys ownership of another company, but that other company does not pool in the resources and cannot claim ownership. This type of alliance is commonly done to improve the business cycle and slow growth.

3 0
3 years ago
If inputs increase by 15% and outputs increase by 15%, what is the percentage change in productivity?
scoray [572]

Answer:

0%

Explanation:

If input increase by 15% and output increase by 15% then the equation for productivity will be

Input = 100% + 15% = 115%

Output = 100% + 15% = 115%

productivety =\frac{Outpu t }{Inpu t}

productivety=\frac{1.15}{1.15}

productivty = 1

Percentage change = 1-1

Percentage change = 0%

If both Output and input is increased by the same amount the results will be the same

6 0
3 years ago
An increase in the price of oil will a. shift the supply curve of oil to the left. b. shift the supply curve of oil to the right
klasskru [66]

Answer:

The correct answer is option c.

Explanation:

An increase in the price of oil will cause the quantity demanded of a commodity to decline and the quantity supplied to increase. This will cause a surplus in the market.

There will be no change in the demand and supply curve.

This is because of the law of demand and supply.

According to the law of demand, the price of a commodity is inversely related to the quantity demanded of the commodity, while other factors are kept constant.

Similarly, the law of supply states that the price of a commodity is positively related to the quantity demanded of a commodity.

The demand and supply curves are not affected by the changes in price, they change as a result of changes in other factors.

3 0
3 years ago
Elain's Inflatables earns service revenue by providing party planning services and inflatable playscapes. Elaine?'s Inflatables
Ede4ka [16]

Answer:

The accounting entry for each transaction is given below.

Gibson contributed $10,000 to the business in exchange for capital.

Debit Cash Asset       $10,000

Credit Capital              $10,000

b. Purchased equipment for $5,000 on account.

Debit equipment Asset      $5,000

Credit Payable Liability       $5,000

c. Paid $400 for office supplies.

Debit payable         $400

Credit Cash Asset   $400

d. Earned and received $2,500 cash for service revenue.

Debit Cash Asset    $2,500

Credit Income          $2,500

e. Paid $400 for wages to employees.

Debit Wages expense   $400

Credit Cash Asset          $400

f. Gibson withdrew $1,000 cash

Debit Capital          $1,000

Credit Cash Asset  $1,000

.g. Earned $1,000 for services provided. Customer has not yet paid.

Debit Receivable           $1,000

Credit Service Income   $1,000

h. Paid $1,000 for rent.

Debit Rent expense   $1,000

Credit Cash Asset      $1,000

i. Received a bill for $250 for the monthly utilities. The bill has not yet been paid.

Debit Utility expense     $250

Credit payable                $250

8 0
3 years ago
Bramble Corp. factors $7200000 of its accounts receivables with recourse for a finance charge of 5%. The finance company retains
saul85 [17]

Answer:

See below

Explanation:

Given the above information, first we'll compute net proceeds

Cash received $7,200,000 × 86%

$6,192,000

Add:

Due from factors $7,200,000 × 9%

$648,000

Less;

Recourse obligation

($5,000)

Net proceeds

$6,835,000

5 0
3 years ago
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