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3 years ago

Which of the following terms best describes an economy in which producers of goods and services react to consumer choices

Business

2 answers:

Snowcat [4.5K]3 years ago

7 0

Is it from e2020 its d. Scarcity of resources can be eliminated using sound economic policies.

Aleksandr [31]3 years ago

5 0

Answer:

What term describes the economy of a country which produces a wide variety of goods and services?

Explanation:

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Scott's Cycles sells merchandise on credit terms of 2/15, n/30. A sale invoiced at $1,500 (cost of sales $975) was made to Shann

damaskus [11]

1. The journal entry to record the credit sale by Scott's Cycles, using a perpetual inventory system, is as follows:

February 1:

Debit Accounts Receivable $1,500

Credit Sales Revenue $1,500

To record the credit sales, terms 2/15, n/30.

Debit Cost of goods sold $975

Credit Inventory $975

To record the cost of goods sold.

2. The journal entry to record the collection of the account by Scott's Cycles is as follows:

February 9:

Debit Cash $1,470

Debit Cash Discounts $30

Credit Accounts Receivable $1,500

To record the collection of the account and cash discounts allowed.

3. The journal entry to record the collection of the account by Scott's Cycles is as follows:

March 2:

Debit Cash $1,500

Credit Accounts Receivable $1,500

To record the collection of the account.

2. The journal entry to record purchase on account by Scott's Cycles is as follows:

March 4:

Debit Inventory $9,000

Credit Accounts Payable $9,000

To record the purchase of bicycles and accessories, terms 3/10, n/30.

<h3>What are the journal entries?</h3>

Journal entries are the accounting records kept by an entity about its daily transactions.

Journal entries identify the accounts involved in each transaction and whether they will be debited or credited.

Learn more about recording journal entries at brainly.com/question/17201601

6 0

2 years ago

Vintage Baskets had the following department data: Work in process, physical units, August 1 8,000 Completed and transferred out

sp2606 [1]

Answer:

Equivalent units in the month of August using weighted average = 67,000

Explanation:

Using the weighted average method we have,

Opening equivalent units for material = 8,000 as materials are added in the beginning of the process.

Completed and transferred = 69,000

Out of which 8,000 were from opening

Therefore equivalent units = 69,000 - 8,000 = 61,000

Closing inventory = 6,000 again this will also be 100 % complete for materials as the material is added in beginning.

Total equivalent units in the month of August using weighted average = 61,000 + 6,000 = 67,000

6 0

3 years ago

If the Commerce Department adjusts the growth rate of GDP downward for the first quarter of 2016, and the Bureau of Labor Statis

wlad13 [49]

Answer:

Downward rate

Explanation:

The commerce department has adjusted the growth of GDP downward, and BLS has adjusted the labor working hours upward. The bureau of labor statistics has to report a downward trend in terms of growth of labor productivity for the first quarter of 2016. The downward trend in labor productivity growth will justify the decline in GDP growth.

4 0

3 years ago

How can I start for drug design to end up having a career as a drug designer?

MatroZZZ [7]

Answer:

Inorder to start for drug design to end up having a career as a drug designer, one needs to follow the processes below;

1. Discovery

2. Product characterization

3. Formulation, delivery, packaging development

4. Phamacokinetics and drug disposition

5. Preclinical toxicology testing and IND application

6. Bioanalytical testing

7. Clinical trials

Explanation:

Drug design is a method in which one develops new medicinal drugs based on the knowledge of a biological target.

The knowledge of the biological target is it's molecular make up. Once the molecular information about the target has been determined, the drug is developed to compliment the bio-molecular properties of the target.

The bio-molecular properties usually considered are the shape and the charge.

There are seven major processes to complete drug design. They are as follows;

1. Discovery

This starts with a target identification where the biochemical relationship involved in the disease condition. The interaction between a drug candidate and the drug target is determined using rigorous screening processes. A lead compound is chosen after effective review.

2. Product characterization

The candidate molecule is then classified and its characteristics noted.

3. Formulation, delivery, packaging development

Formulations for proper drug delivery parameters should be determined. This will include all parameters of shipment and storage to ensure proper and safe delivery.

4. Phamacokinetics and drug disposition

Pharmacokinetics(Pk) offer useful feedback to the formulation scientists. Pk offers parameters such as area under the curve and the maximum concentration of the drug in the blood and the time at which the maximum concentration is reached.

5. Preclinical toxicology testing and IND application

This involves the testing of the bio-activity, safety and efficacy of the formulated drug product

6. Bioanalytical testing

This is important for proper characterization of the molecule

7. Clinical trials

The clinical trial are conducted by grouping them into three types, majorly;

human pharmacology, therapeutic exploratory, and therapeutic confirmatory

6 0

3 years ago

Barry was sitting on a bench near the center of the shopping mall waiting for his wife to finish her shopping when he was approa

MA_775_DIABLO [31]

Answer: Mall intercept

Explanation:

From the question, we are informed that Barry was sitting on a bench near the center of the shopping mall waiting for his wife to finish her shopping when he was approached by a woman holding a clipboard with a dress shirt laid over her arm and asking him question related to the shirt.

Based on the above scenario, Barry participated in a mall intercept. Mall intercept simply refers to a situation whereby people are approached at shopping malls and asked questions in form of surveys which are done by researchers in order to gather information regarding a particular subject area.

8 0

3 years ago