Name the market structure in which agriculture farming operate

In the circular flow of expenditure and income, why must the total value of production in an economy equal the total value of

Vinvika [58]

<h3>Option D</h3>

Every penny spent on a good or service must end up as someone's income so the total value of production in an economy equal the total value of income

<h3>Explanation:</h3>

The circular flow model describes how cash flows through society. Cash moves from yielders to workers as payments and runs back to yielders as cash for products. Since all the value created must refer to someone in the class of a request on the value, the national product is equivalent to national income.

Each action in an economy comprises a buyer and a seller. Households spend cash for acquiring goods and services exhibited. Firms make a production settlement. Households are employing units which incorporate output created in the business firms

7 0

3 years ago

R.J. Reynolds markets several brands of cigarettes, including Vantage, Camel, Winston, and Salem. This is an example of which ty

UkoKoshka [18]

Answer:

Individual branding policy

Explanation:

Individual branding often referred to as single product branding, flanker labels or multi branding, is "an advertising technique under which goods are assigned brand names which are newly formed and usually not related to existing franchise names that the business is selling.

Individual branding is by far the most successful when a corporation offers various unrelated goods differing in price and quality and targeting specific areas of the market. It is also helpful when presenting to the industry a recent high-risk commodity to handle hazards to established products if the new model fails.

Thus, from the above we can conclude that the given case depicts individual branding policy.

8 0

3 years ago

Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2018. The stock was issued a

BartSMP [9]

Answer:

Astro Corporation Income Statement

Revenues $31,000

Expenses ($17,100)

Net profit $13,900

Astro Corporation Statement of Changes in Shareholder Equity

Common stock APIC Ret. earnings Total

Balance Jan. 1 $10,000 $14,000 $24,000

Net income $13,900 $13,900

Dividends ($2,000) ($2,000)

Balance Dec. 31 $10,000 $14,000 $11,900 $35,900

Astro Corporation Balance Sheet

Assets Liabilities

Cash $35,900 $0

Shareholders' equity

Common stock $10,000

APIC $14,000

Retained earnings $11,900

Total $35,900 Total $35,900

Astro Corporation Statement of Cash Flows

Cash flows from operating activities:

Revenues $31,000

Expenses ($17,100)

Cash from operating activities $13,900

Cash flows form financing activities:

Stock issuance $24,000

Dividends paid ($2,000)

Cash from financing activities $22,000

Net increase in cash $35,900

6 0

3 years ago

If a 10 percent increase in the price of a good leads to a 25 percent decrease in the quantity demanded of the good, demand is

ladessa [460]

Answer: 23

Explanation:

3 0

3 years ago

Read 2 more answers

Rodrigo operates a dry-cleaning service and charges customers $5 per article of clothing. Based on his knowledge of operations,

Natasha_Volkova [10]

Answer:

yes. at a $5 cost, he breaks even and is indifferent. he necessarily turns away business when the cost of the additional unit exceeds the income.

Explanation:

To maximize profits, a firm should continue selling until the marginal revenue product equals the marginal cost of the product. Marginal revenue product is the additional revenue from the sale of an extra cost. Marginal cost is the extra expense associated with the production of an additional unit.

Rodrigo should accept that extra business. His marginal revenue product from additional business equals the marginal cost. He will not make an accounting profit or loss but may gain a long term customer. He should decline any additional business only if the marginal cost is greater than the marginal revenue product.

8 0

4 years ago

Name the market structure in which agriculture farming operate​

Name the market structure in which agriculture farming operate