A market is
e. all of the above
Explanation:
A market has the following characteristics,
- It is often a physical place facilitates to market
- exchanges between buyers and sellers typically
- involves monetary transactions
- might not have well-defined geographical limits
- the value, cost and price of items traded are as per supply and demand in a market.
- Physical market is a place where buyers can directly meet the sellers physically and purchase their desired merchandise from them in exchange of money.
- A market is a place where people can go to buy or sell things.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Answer:
3.60
Explanation:
Given that,
Sales units = 1,000
Sales price per unit = $60
Variable expenses = 40% of the selling price
Total Fixed cost = $26,000
Contribution margin per unit:
= Selling price - Variable cost
= $60 - ($60 × 40%)
= $60 - $24
= $36
Total contribution:
= Contribution margin per unit × Sales units
= $36 × 1,000
= $36,000
Profit = Total contribution - Fixed cost
= $36,000 - $26,000
= $10,000
Degree of operating leverage:
= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed Expenses)
= (60,000 - 24,000) ÷ (60,000 - 24,000 - 26,000)
= 36,000 ÷ 10,000
= 3.60
Answer:
The answer is option A) In the short-run the effects of the housing and financial crises raise both inflation and the unemployment rate.
Explanation:
Deregulation in the financial industry was the primary cause of the 2008 financial crash and an increase in world prices of oil and foodstuffs were affecting the economy.
The financial crisis permitted banks to engage in hedge fund trading with derivatives and when the values of the derivatives crumbled, banks stopped lending to each other.
It allowed speculation on derivatives backed by cheap and improper issuance of mortgages, available to even those with questionable creditworthiness.
In the short-run the effects of the housing and financial crises of 2008 raised both inflation and the unemployment rate.
Answer: $36,000 loss
Explanation:
Purchase cost = $250,000
Freight charges = $3500
Installation charges = $2500
Maintenance cost = $5000
Depreciation = $25000
Offered price = $200,000
Total cost incurred = $(250,000 + 3500 + 2500 + 5000)
Total cost incurred = $261,000
Depreciation = $25,000
Book value of equipment = $261,000 - $25,000 = $236,000
Gain/loss = Book value - offered price
Gain/Los = $236,000 - $200,000
$36,000 loss
