Answer:
97.8 or 98 items
Explanation:
A items:
= Percent of items in inventory × No. of items
= 0.1 × 6,800
= 680
B items:
= Percent of items in inventory × No. of items
= 0.31 × 6,800
= 2,108
C Items:
= Percent of items in inventory × No. of items
= 0.59 × 6,800
= 4,012
Units to be counted everyday:
= 30.90 + 34.55 + 32.35
= 97.8 or 98 items
Answer: 1. A - Describe how the individual pursuit of self-interest works to promote the interest of the public as a whole
2. A- Both Adam Smith and Karl Marx believed that humans are motivated by self-interest
Explanation:
1. According to Adam Smith who is known as the father of modern economics stated in his thesis that individual's self-interest and freedom of production as well as consumption is in the best interest of the society as a whole.
Each Individual's free exchange creates signals about which goods and services are valuable. These signals will spontaneously direct competing consumers, producers, distributors, and intermediaries—each pursuing their individual plans— to fulfill the needs and desires of others.
Smith’s invisible hand became one of the primary justifications for an economic system of free market capitalism.
2. Pairing that best describes Adam Smith's view of human motivation in a market economy and Karl Marx's view of human motivation in a communist economy: Both Adam Smith and Karl Marx believed that humans are motivated by self-interest as they both believe that the economy is a capitalist economy that all its good and services are in the hands of private individuals.
Answer:
D It is D because it can help you do all these things and you may even progress from it and learn your mistakes
Answer and Explanation:
The journal entry required to close the expense account is given below:
Income summary Dr $33,520
To Wages Expense $19,000
To Depreciation Expense $1,800
To Utilities Expense $320
To Insurance Expense $700
To Maintenance Expense $9,000
To Income Tax Expense $2,700
(being the expenses accounts are closed)
<span>All
electric-powered automobiles such as the Chevy spark are in the introductory stage
of their product life cycle. It is made
by the General Motors. The introductory stage is the first of the four product
cycle. Usually in this stage, it has a small market, limited competition and
fairy costly. </span>
<span> </span>
