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Firlakuza [10]
4 years ago
12

The purpose of economic systems is _____.

Business
1 answer:
otez555 [7]4 years ago
8 0
The purpose of econmic systems are the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including: labor, capital, entrepreneurs, physical resources and information resources.
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Adding expectancy theory to the model of motivation and performance illustrates how the interaction of valence, expectancy, and
leonid [27]

Answer:

Instrumentality

Reward they want

Explanation:

_Instrumentality_ highlights how intended effort can turn into actual effort if employee believe their hard work will __result in rewards they want_.

Employees tends to be motivated toward the work when reward are attractive. The intended effort is then turned to actual effort when they are being awarded accordingly and this allow them to perform their job successfully.

The process of turning the intended effort to actual effort is termed Instrumentality and their performance will results in reward they want.

5 0
3 years ago
When cash is received from a stockholder in exchange for common stock, the transaction is recorded by debiting Cash and creditin
MariettaO [177]

Answer:

Equity account

Explanation:

In the case when the cash is received in exchange of the common stock so here the cash is debited and credited the common stock i.e. equity account

The journal entry is

Cash Dr XXXXX

    To Common stock XXXXX

(Being exchange is recorded)

here cash is debited as it increased the assets and credited the common stock as it also increased the equity

5 0
3 years ago
Wesson Company sold 10,000 units of its only product in the first half of the year. If sales decrease by 15% in the second half
kipiarov [429]

Answer:

so here correct option is  E Depreciation on equipment

Explanation:

given data

no of unit sold = 10000 units

sales decrease = 15%

solution

Depreciation on equipment cost will not change because

Depreciation on equipment is assumed to be fixed in nature

and it is not change with increase or decrease in sales

and all other cost given here is variable in nature and it  depend upon sales or an  production

so here correct option is  E. Depreciation on equipment

8 0
4 years ago
If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2, then: ________
Sav [38]

Answer:

b. there are no gains from specialization and trade between the two countries.

Explanation:

If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.

Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.

However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2

Opportunity cost for Country 1 : 1 Apple = 1 Orange

Opportunity cost for Country 2 : 1 Apple = 1 Orange

Then countries will gain no additional benefit from specializing in one good.

7 0
3 years ago
I am thirteen and need to make money what should I do?
antiseptic1488 [7]

Answer:

babysit- which i doubt is a good idea rn

walk dogs

shovel snow from driveways

Explanation:

5 0
3 years ago
Read 2 more answers
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