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Pie
3 years ago
14

Suppose Sharon earns $575 per week working as a programmer for PC Pros. She uses $9 to get her car washed at Spotless Car Wash.

Spotless Car Wash pays Paolo $300 per week to wash cars. Paolo uses $200 to purchase software from PC Pros.
and
1. Paolo spends $200 to purchase software from PC Pros.
- A. Resource Market? B. Product Market market?
2. Paolo earns $300 per week working for Spotless Car Wash
- A. Resource Market? B. Product Market market?
3. Sharon spends $9 to get her car washed.
- A. Resource Market? B. Product Market market?
Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs.
1. The $300 per week Paolo earns working for Spotless Car Wash
2. The $200 Paolo spends to purchase software from PC Pros
3. Sharon's labor
Business
1 answer:
ElenaW [278]3 years ago
3 0

Answer:

First Question

1. B

2. A

3. B

Second Question

The $200 Paolo spends to purchase software from PC Pros.

Explanation:

1. Paolo's transaction falls under the product market cash flow because he wittingly spends on a product–the software.

2. Paolo's earnings comes to the resource market, since he is been paid for his human resourcefulness in the organization.

3. Sharon's payment for washing her car is best placed on the Product market flow since she is spending on a personal product–the car.

The $200 Paolo spends to purchase software from PC Pros in this scenario represent a flow from a household to a firm because he (an individual belonging to a household) transfers his money to the firm.

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Roberta is a customer service representative at a car rental company. Read the passage. Which actions might lead to increased cu
pochemuha

Answer:

Training

Explanation:

Learning within a workgroup is the only way to improve performance. An outstanding representative as Roberta needs to transfer her skills to the rest of the team. One strategy to accomplish that is naming her as responsible for on-board training for the new teamates.

Another strategy is to use surveys after the calls to know what are the opinions of clients regarding services. It allows to identify improvement opportunities.

3 0
3 years ago
Unavoidable fixed costs are __________.
allsm [11]

Answer:

Irrelevant to the decision of whether to discontinue a product line because they will not differ between alternatives.

Explanation:

Unavoidable fixed costs can be defined as the costs that is sustained by an organization irrespective of if an activity is carried out or not.

Unavoidable costs are the costs that are encountered by a lot of businesses, this cost cannot be prevented even though production activities in the company are suspended in the short-run. These fixed costs are unavoidable and uncontrollable.

Unavoidable fixed costs is as a result of the various risks incurred by an organization inorder to stay relevant in the market. Example of unavoidable costs include tax payment, rental payments.

4 0
3 years ago
Part 1: Kathleen received land as a gift from her grandfather. At the time of the gift, the land had a FMV of $105,000 and an ad
artcher [175]

Answer:

d. $25,000

b. ($5,000) loss

Explanation:

In the first case, the gain or loss on this transaction is

Gain or loss on this transaction is

= Sale value of the land - adjusted basis of the land

= $110,000 - $85,000

= $25,000

We ignored the fair market value of the land for computing the gain or loss of the transaction

In the second case, the gain or loss on this transaction is

Gain or loss on this transaction is

= Sale value of the land - fair market value

= $80,000 - $85,000

= -$5,000 loss

8 0
2 years ago
Suppose the government grants a subsidy to the producers for every car produced. The change in the amount sold will be greater w
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The change in the amount sold will be greater when the price elasticity of demand is greater than 1. (option 3).

<h3>What is price elasticity of demand?
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Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is elastic when the coefficient of demand is greater than one. This means that for a small change in price, the quantity demanded would be greater.

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

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8 0
1 year ago
Sarahh Roberts is the assistant chief accountant at the HK Company, a manufacturer of computer chips and cell phones. The compan
vodomira [7]

Answer:

Explanation:

1.The ethical issues are bad faith and false statement. Sarahh's dishonesty may get her into problems for involving in deceptive activity, though it might be a mistake of some one else. The coalition of numbers will result into the mistake remaining and the equipment account misstated.

2. The share holders, the management, the employees etc. are the stakeholders

3. The following are Sarahh’s alternatives:

a) Sarahh could  discuss the issue with the chief accountant, so that he can give a  worthy insight might be given to locate the error

b) She could get the management informed about the divergence and make a request for few more days to identify and correct the error, so that a dependable and accurate financial statement can be issued.

c) Another alternative is for her to get the report issued  only to the management for their consideration while  the error is unaltered, and inform them that only few days will be  required for the error to be identified  and amended .

4. I would rather choose the third alternative (C). Reason being that once the management considers and approves the financial statements it is very sure that the error would be identified and also once they get aware of the divergence, they can take a  financial decision with respect to the account mismatch.

7 0
3 years ago
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