1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timama [110]
2 years ago
12

Define the terms:

Business
1 answer:
navik [9.2K]2 years ago
5 0

Answer:

Scarcity: In short supply of

Choice: Making a decision

Opportunity Cost: The loss of one aspect of a decision with the benefit of another

Efficiency: Being efficient and accurate as well as reliable

Inefficiency: Not being effective and wasting resources or time

You might be interested in
n​ 2007, an unseasonably dry spring led to a sharp decline in the quantity harvested of black​ morels, a wild mushroom found thr
Alexeev081 [22]

Answer:

Increase; fall

Explanation:

Due to the slightly above normal rainfall levels which led to a large black morel harvest, <em>the supply of the commodity will increase</em>.

However, since demand for the commodity is expected to remain the same as it was in 2007 despite the increase in supply, <em>the equilibrium price is expected to fall</em> as supply exceeds demand.

4 0
3 years ago
What percentage of businesses in America are home businesses?
Sladkaya [172]

Answer:

c

Explanation:

most are home businesses you can write off many things on taxes and have less overhead (bills and rent )

6 0
3 years ago
If over a short time there is an increase in the number of people retired and a decrease in the number of people working, then p
lesantik [10]

Answer:

a. rises but real GDP per person falls

Explanation:

Gross domestic product is the total monetary value of output that is produced by an economy in a given period.

GDP increases as the income increases. This is because people have more money to spend on goods and services.

So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.

However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.

6 0
3 years ago
Bristo Corporation has sales of 2,080 units at $50 per unit. Variable expenses are 25% of the selling price. If total fixed expe
Mumz [18]

Answer:

Degree of operating leverage = 7.8

Explanation:

given data

sales = 2,080 units

per unit price  = $50

Variable expenses = 25%

total fixed expenses = $68,000

solution

we get here Degree of operating leverage that is express as

Degree of operating leverage = Sales - variable cost ÷ (sales - variable cost - fixed cost)   .......................1

here

Sales = 2080 × 50  = 104000

and

Variable cost = 104000  × 25%  = 26000

so now put value in equation 1 we get

Degree of operating leverage = \frac{104000-26000}{104000-26000-68000}  

Degree of operating leverage = 7.8

3 0
3 years ago
Which of the following statements about the W-2 form is TRUE? A. The W-2 includes information about the interest you earned from
Greeley [361]

Answer:

B. You need a separate W-2 form from EACH of your employers in order to file your taxes.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

In order to ensure that, all employees pay taxes on the income earned throughout the year, the internal revenue service (IRS) has made it compulsory and mandatory for all employers to make available a W-2 Form to all their employees, so as to enable these employees fill out the total amount of wages, how much income tax is to be withheld from their respective paycheck in relation to their filing status and how much was paid as tax the previous year. Therefore, a W-2 form is used by an employer to report the wages paid to each employee, calculate how much tax should be withheld from his or her employee's paycheck and submitted to the internal revenue service (IRS).

Additionally, any employee who defaults in the payment of his or her income tax would be faced with stiff penalties such as failure-to-file, paying a fine etc.

Hence, the true statement regarding a W-2 form is that, as an employer you need a separate W-2 form from each of your employers in order to file your taxes.

6 0
3 years ago
Other questions:
  • For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acqu
    12·1 answer
  • Consider the following data for a closed​ economy: Y​ = ​$1414 trillion C​ = ​$1010 trillion G​ = ​$33 trillion Spublic​ = ​$neg
    5·2 answers
  • Nintendo chose a ___________ approach to pricing for a new game console because they felt the market for this product was price
    10·2 answers
  • The employees of Cassini Corporation are engrossed in working toward their individual targets. They have ignored the principal a
    6·1 answer
  • Where to find your social security number?
    13·1 answer
  • Closing Entries In the midst of closing procedures, Echo Corporation's accountant became ill and was hospitalized. You have volu
    15·1 answer
  • Carlos has a small fashion company. He has been in business for a little over a year and the company looks like it is going to d
    8·1 answer
  • Determine the account and amount to be debited and the account and amount to be credited for the following adjustment. Equipment
    7·1 answer
  • Shelly purchases a leather purse for $400. One can infer that:
    15·1 answer
  • You tell your grandmother about a car you’re thinking of buying and, as expected, she tells you a story about buying her first b
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!