Answer:
Find attached statement and the question which question number 10.
The correct option is C,$90
Explanation:
In the statement you would notice that the balance transfer from another credit card was $785,upon which balance transfer levy of $23.55 was charged(Section 7)
Intuitively, the percentage of balance transfer charge is $23.55 divided by the amount of balance transfer i.e $785
balance transfer charge(%)=$23.55/$785=3%
However, if the balance transfer were $3000,the charge is 3% of $3000 i.e $90 ($3000*3%).
The correct option then is C,$90
Answer:
inward shift in the supply curve.
Explanation:
= I = S + (T-G). shift in the supply curve.
Relevant information is information you can’t trust-This statement is False because Relevant means that is something that makes sense or is important -So the statement holds False
Explanation:
Relevant information is the information that an individual require to perform a given task.
For example in order to write a program the person needs all the relevant information related to the program that is to written like the value of the variable,the format of the output required.
The term Relevant means "of Importance"
If a information required is very important then it can be obtained only through proper research work and hence it can be trusted
so we can say that-the statement that relevant information is information you can’t trust-is False
Answer:
The correct answer is accounting profit is positive.
Explanation:
Economic profits are the difference between the total revenue earned by selling the goods and total costs incurred in the production process. It includes both implicit as well as explicit costs.
The explicit costs are the direct costs incurred in the production process. There is an actual payment involved.
The implicit costs are the indirect costs incurred. They are generally the opportunity cost of sacrificing the alternative option. There is no actual payment involved.
The accounting profits include only explicit costs incurred in the production process. It is the difference between total revenue earned and explicit cost.
A normal profit means zero economic profits. But accountable profits is higher than economic profits, so there will be some positive accountable profit.
