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kow [346]
3 years ago
7

Which area of study involves microeconomics?

Business
2 answers:
Gnesinka [82]3 years ago
8 0

Answer:

consumer behavior and preferences

Explanation:

Mazyrski [523]3 years ago
5 0

Answer:

The science of microeconomics covers a variety of specialized areas of study including: Industrial Organization: the entry and exit of firms, innovation, and the role of trademarks. Labor Economics: wages, employment, and labor market dynamics.

Explanation:

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For each of the following items, calculate the cash sources or cash uses that should be recognized on the statement of cash flow
Serhud [2]

Answer:

$784,700

Explanation:

Data provided

Revenue from sales = $762,000

Decrease in accounts receivables = $22,700

The computation of cash received from customers is shown below:-

Cash receipts from customers = Revenue from sales + Decrease in accounts receivables

= $762,000 + $22,700

= $784,700

Therefore for computing the cash received from customers we simply applied the above formula.

5 0
3 years ago
Potomac Industries is a manufacturer of high-definition televisions. The industry has gone through a period of rapid growth and
scZoUnD [109]

Answer:

Option B. Implement process innovations that lower per unit costs

Explanation:

The reason is that the controlling cost will give cost advantage over the competitors and will let the company to compete at a better platform making greater number of sales and driving maximum sales which will also give economies of scale. Economies of scale is the benefits of additional costs savings that comes with the additional manufacturing of the product which means that greater the manufacturing the greater would be the savings of costs. So economies of scales give competitive advantage over the rivals so the correct option is B.

8 0
3 years ago
Read 2 more answers
The gross pay, benefits and job expenses for two different employees are shown below. Employee A: gross pay $57,200, employee be
Lemur [1.5K]

Answer:

a. The total employment compensations for the two employees are the same

Explanation:

Employee compensation refers to payment made to employees by an organization in consideration for the services rendered.

Employee compensation can be in cash form such as salary and wages, perquisites, allowances, incentives, commission, etc.

In the given case,

<u>Compensation for Employee A</u>:

= Gross Pay + Employee benefits - Job expenses

= $57200 + 5300 - 800

=  $ 61,700    

Similarly,

Compensation for Employee B:

= Gross Pay + Employee benefits - Job expenses

= $56,900 + $6200 - $ 1400

= $61,700

Thus, employment compensation for both A and B are the same.

4 0
3 years ago
Short Company purchased land by paying $22,000 cash on the purchase date and agreed to pay $22,000 for each of the next seven ye
muminat

Answer:

The liability reported is closest to $107,105.21.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the the liability reported  =?

P = Annuity payment = $22,000

r = Student's desired return rate = 10%, or 0.10

n = number of years = 7

Substitute the values into equation (1) to have:

PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)

PV = $22,000 * 4.86841881769293

PV = $107,105.21

Therefore, the liability reported is closest to $107,105.21.

4 0
2 years ago
On January 1, Garcia Supply leased a truck for a four-year period, at which time possession of the truck will revert back to the
Arlecino [84]

Answer:

Following are the response to the given choice.

Explanation:

A residual value guaranteed                                 36000

Less: Residual value expected                              35000

Difference                                                                   1000                

5%, 5 periods PV Factor                                         0.7835

PV of the amount added                                          $784

Added Amount =                                                        $784

3 0
3 years ago
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