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3 years ago

6

How do we prepare for unexpected expenses that might disrupt the implementation of a budget, and allow us to avoid long term hig

h interest debt?

1 answer:

ikadub [295]3 years ago

8 0

Out of the money you make set some aside for unexpected expenses

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Elaborate on the Factor Endowments Theory. This theory is based on the Comparative Advantage reason for trade, which stems from

weeeeeb [17]

A comparative advantage exists when the possible value of specialization is lower than that of different nations. The life of comparative advantage is, in turn, suffering from things consisting of abundance, productivity, cost of exertions, land, and capital.

Comparative gain refers back to the capacity to produce goods and services at a decreased opportunity value, no longer necessarily at a greater volume or quality. Comparative advantage is a key insight that trade will still arise despite the fact that one u . s . has an absolute advantage in all products.

Comparative gain is a key principle in global trade and paperwork the basis of why free change is useful to nations. The idea of comparative advantage indicates that even supposing a country enjoys an absolute advantage in the manufacturing of goods, trade can nonetheless be beneficial to each trading partner.

Learn more about Comparative Advantage here:brainly.com/question/2827889

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7 0

10 months ago

Which of the following are steps in the planning process of an organization? (Check all that apply.) Multiple select question. F

vovangra [49]

The steps in the planning process of an organization include:

A. Formulating strategies to achieve the goals.
B. Determining the organization's mission and goals.
D. Selecting the most effective way to implement the organizational strategy.

<h3>What is planning?</h3>

Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.

Planning usually takes place at three levels of the organization, including:

Functional
Business
Corporate levels.

Thus, the steps in the planning process of an organization include Options A, B, and D.

Learn more about the planning function at brainly.com/question/3504046

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5 0

1 year ago

The demand curve faced by a perfectly competitive firm rev: _______

vivado [14]

Answer:

The answer is D.

Explanation:

The demand curve faced by perfectly competitive firm is horizontal. This means that if individual firm charges price above the market price, it will not sell anything.

The curve is the same as marginal revenue curve because change in total revenue from selling one more unit(marginal revenue) is the constant market price.

And it holds in perfect market that price equals marginal revenue (P=MR).

The correct option is D.

6 0

3 years ago

Pharmaceutical Dispensary borrowed $ 630 comma 000 on January 2, 2018, by issuing a 15 % serial bond payable that must be paid

OLga [1]

$273 ,000 being the equal installments for all the three years

Explanation:

I year interest = $ 630,000 ×15÷100 = 94,500

$I year interest = $ 630,000 ×15÷100 = 94,500$

II year interest = $420,000×15÷100 = 63,000

$II year interest = $420,000×15÷100 = 63,000$

III year interest = $210 ,000×15÷100 = 31,500

$III year interest = $210 ,000×15÷100 = 31,500$

Total interest = 94,500+63,000+31,500 = 189.000

$Total interest = 94,500+63,000+31,500 = 189.000$

Installments payment with interest for each year is=

(630,000 + 189,000 = 819,000÷ 3 = 273,000)

$(630,000 + 189,000 = 819,000÷ 3 = 273,000)$

= $273 ,000 being the equal installments for all the three years

6 0

3 years ago

What you give up for taking some action is called the . is falling when marginal cost is below it and rising when marginal cost

Nezavi [6.7K]

<span>What you give up for taking some action is called the opportunity cost.

Average total cost is falling when marginal cost is below it and rising when marginal cost is above it.

A cost that does not depend on the quantity produced is a fixed cost.

In the ice-cream industry in the short run, variable cost includes the cost of cream and sugar but not the cost of the factory.

Profits equal total revenue minus total cost.

The cost of producing an extra unit of output is the marginal cost.</span>

4 0

2 years ago