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3 years ago

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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All of the following are true regarding social security except

Dafna1 [17]

I need more information to answer this

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4 years ago

In the context of the pre- and postproduction services perspective of a value chain, which of the following statements is true o

BlackZzzverrR [31]

Answer:

They include good and service guarantees (D)

Explanation:

Option A . This false. Focusing on gaining new customers is part of pre-production services because this yet to be turned to sales.

Option B. This is false. Contract negotiation is part of pre-production services because it is a deal that is yet to be concluded.

Option C. This is false.

Option D.This is true. It is part of post-production services such after sales service.

3 0

3 years ago

Which of the following is an example of a functional structure? Multiple Choice Fred owns a diner and has three employees. Borro

sweet [91]

Answer: At Mark’s Furniture, all the carpenters are in one group, and all the upholsterers are in another.

Explanation:

Functional structures refer to the grouping of company departments based on what the labor involved do for the company i.e. their functional expertise.

Mark's company is therefore using a functional structure because it groups its workforce by their functional expertise with carpenters in one group and upholsters in another.

Most companies follow this strategy which is why companies have departments such as accounting, human resources, marketing and production.

6 0

3 years ago

A static budget is one that __________,a. Is based on the actual sales volume achieved during the period. b. Is developed for a

lara31 [8.8K]

Answer:

b. Is developed for a single level of expected output.

Explanation:

The static budget means the fixed budget i.e fixed in nature. The amount does not changed moreover there is no significant changes occurred in this type of budget. If there is any business fluctuations or any other kind of fluctuations it does not impact at all

In addition, it is developed for a single level of expected output i.e developed for a single activity by considering its expected outcome or results

7 0

3 years ago

Burns Corporation's net income last year was $98,300. Changes in the company's balance sheet accounts for the year appear below:

klio [65]

Answer:

a. $131,900

b. -$85,200

c. -$26,200

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

a. Cash flow from Operating activities - Indirect method

Net income $98,300

Adjustment made:

Add : Depreciation expense $32,200

Less: Increase in accounts receivable -$13,400

Add: Decrease in inventory $16,500

Less: Decrease in accounts payable -$18,700

Add: Increase in income tax payable $4,300

Add: Increase in accrued liabilities$17,100

Less: Increase in prepaid expenses -$4,400

Total of Adjustments $33,600

Net Cash flow from Operating activities $131,900

b. Cash flow from Investing activities

Purchase of Long-term investments - $10,300

Purchase of Property, plant, and equipment -$74,900

Net Cash flow from Investing activities -$85,200

c. Cash flow from Financing activities

Cash dividends declared and paid -$4,200

Repayment of bonds payable -$64,800

Issuance of common stock $42,800

Net Cash flow from Financing activities -$26,200

4 0

4 years ago

Explain what the economic problem is​

Explain what the economic problem is