All categories

3 years ago

17. On the circular flow diagram of the economy, the arrow from the producer sector to the

Business

1 answer:

creativ13 [48]3 years ago

5 0

Answer:

A. Export receipts

Explanation:

This arrow represents dollars (or other currency) that are being received by domestic producers in exchange for the export of goods or services that they are sending overseas.

If the arrow was pointing backwards, it would represent dollars that are leaving the economy in order to pay for imports.

You might be interested in

Christiansen and Sons' flexible budget for 10,000 units of production includes $50,000 for direct materials, $44,000 for direct

kenny6666 [7]

Answer:

Direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $15,000.

Explanation:

For 10,000 units:

Direct materials (DM) = $50,000

Direct labor (DL) = $44,000

Utilities (U) = $5,000

Supervisor salaries (S) = $15,000.

For 12,000 units:

Direct materials (DM):

$DM=\$50,000*\frac{12,000}{10,000}\\DM = \$60,000$

Direct labor (DL):

$DL=\$44,000*\frac{12,000}{10,000}\\DL = \$52,800$

Utilities (U) = $5,000

$U=\$5,000*\frac{12,000}{10,000}\\U = \$6,000$

Supervisor salaries (S) = $15,000.

Salaries don't rely on production volume and, thus, should stay the same.

5 0

3 years ago

Your classmates from the University of Chicago are planning to go to Miami for spring break, and you are undecided about whether

Art [367]

Answer:

You should use the discount coupon to pay for the Chicago-Miami trip. Not considering the personal motivations for the trip, the coupon is worth $500. The cost of flying is $600, so you will only pay $100 yourself. You will be spending $900 + $1000 = $1,000 in total.

The opportunity cost of using the coupon is $350 (the cost of the round trip to Atlanta). Even if you add the $350 to the $1,000 expense, the total is $1,350, less than your $1,400 maximum budget.

7 0

3 years ago

The latest video game comes out and costs $60. You put it on your credit card and can’t afford to pay the whole bill all at once

Vsevolod [243]

Answer:

The minimum payment is 15

Explanation

so you have to pay another %15 of the bill each month

6 0

3 years ago

Explain the different process for the development of decision making skill?

frozen [14]

Step 1: Identify the decision that needs to be made. ...
Step 2: Gather relevant information. ...
Step 3: Identify alternative solutions. ...
Step 4: Weigh the evidence. ...
Step 5: Choose among the alternatives. ...
Step 6: Take action. ...
Step 7: Review your decision and its impact (both good and bad)

6 0

2 years ago

Why cant i get answers for free

REY [17]

Answer:

Because nothing is free in this world.

Explanation:

3 0

4 years ago

Read 2 more answers