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alexgriva [62]
3 years ago
12

Explain what the economic problem is​

Business
1 answer:
Helen [10]3 years ago
8 0

Answer:

Economic systems as a type of social system must confront and solve the three fundamental economic problems: What kinds and quantities of goods shall be produced, "how much and which of alternative goods and services shall be produced?" How shall goods be produced? ..by whom and with what resources

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Meredith is looking for work as a computer programmer. Although her prospects are good, she hasn't yet taken a job. Julie is loo
PSYCHO15rus [73]

Answer:

C

Explanation:

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Meredith is searching for a job. Thus she is frictionally unemployed.

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.

There seems to be a reduction in the demand for steel workers. Thus, Julie is structurally unemployed

3 0
3 years ago
During the month of february, victor services had cash receipts of $7,500 and cash disbursements of $8,600. the february 28 cash
Charra [1.4K]

So you would simply need to set up a formula and solve

X= beginning cash

X+ income - expenses = cash balance

income = cash receipts (7,500)

expenses = cash disbursements (8,600)

Cash Balance = 1,800

Plug into the equation

X + 7,500 - 8,600 = 1,800

Then you would solve for X

8 0
3 years ago
Read 2 more answers
Discuss how the need for control over foreign operations varies with firms’ strategies and core competencies. What are the impli
mart [117]

Answer:

- The core competence of a firm’s competitive advantage is based on control over proprietary technological and innovation know-how, licensing and joint venture arrangements should be avoided when necessary so as to avoid and minimize the risk of losing control over that technology. For firms with a competitive advantage based on management effectiveness, the risk of losing control over the management skills to franchisees or joint venture partners is not that welcomed or encouraged. However, many service firms favor a combination of franchising and subsidiaries to control the franchises within particular countries or regions. The subsidiaries may be wholly owned or joint ventures, but most service firms have believed that joint ventures with local partners works best for controlling subsidiaries.

6 0
3 years ago
People's income is affected by choices they have made about careers, education, and skill development.
san4es73 [151]
The correct answer is True
8 0
3 years ago
Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts
sineoko [7]

The amount of the bad debts expense adjusting entry is:$7665.

<h3>Bad debt expenses</h3>

Using this formula

Bad debt expenses=Sales×Estimated sales percentage

Where:

Sales=$1,095,000

Estimated sales percentage=0.7%

Let plug in the formula

Bad debt expenses=$1,095,000×0.7%

Bad debt expenses= $7,665

Therefore the amount of the bad debts expense adjusting entry is:$7665.

Learn more about bad debt expenses here:brainly.com/question/18568784

#SPJ1

5 0
2 years ago
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