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Hitman42 [59]
2 years ago
6

What are the process of microeconomics?

Business
1 answer:
sammy [17]2 years ago
7 0

Answer:

Microeconomics is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production. Individual actors are often grouped into microeconomic subgroups, such as buyers, sellers, and business owners.

Explanation:

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Each language possesses a structure which must at some level influence the way its users view the world.
attashe74 [19]
The statement above is popularly referred to as Whorfian hypothesis. The hypothesis states that language directly affects the way people think about the world and the way they perceive it, thus it holds the idea that one's language determines one's conception of the world.
3 0
3 years ago
A differentiator will always benefit when products have become commoditized. True or False
Savatey [412]

Answer:

false

Explanation:

a differentiator will always benefit when products have become commoditized

8 0
3 years ago
Country Farm Supply applies for a business loan from Farmers Credit Co-Op. Country Farm Supply owes McGregor money under another
Aliun [14]

Answer: must be in writing because it benefits McGregor.

Explanation:

From the question, we are told that Country Farm Supply applies for a business loan from Farmers Credit Co-Op. We are also aware that Country Farm Supply owes McGregor money under another business deal, and that McGregor wants to help Country Farm Supply get the loan so that it will be able to stay in business to pay him back, McGregor promises Farmer's Credit Co-Op that he will repay the loan if Country Farm Supply does not.

Therefore to be enforceable, McGregor's promise must be in writing because it benefits him. The the deal is between Farmer's Credit Co-Op and McGregor, hence, the promise must be in writing because this will make it valid and also applicable for future purpose in case McGregor isn't able to repay the loan he took .

4 0
3 years ago
The following are the income statements of the Hancock Company for two consecutive years. Increases in which expenses contribute
dsp73

Answer:

Increase in Administrative Expense of $3,300 additional led to loss in the year 2016.

Explanation:

As for the provided details:

Particulars                2016             2015

Revenue                 $30,000         $20,000

Cost of goods sold  $17,800        $12,000

Gross margin          $12,200         $8,000

Operating Exp        

Selling Exp             $4,800            $4,600

Admin. Exp             $7,800            $3,000

Total operating exp $12,600         $7,600

Net Income              ($400)            $400

As we see the major difference which is irrelevant is in administration expense, that is because difference in cost of goods sold is somewhere justified as, when it calculated as a percentage of sale that is $12,000/$20,000 = 60%

Thus for year 2016 also the expense shall be $30,000 \times 60% = $18,000

Thus, it is justified but for administrative expense $3,000/$20,000 = 15%

For 2016 = $30,000 \times 15% = $4,500

But since it is very much exaggerated, by $7,800 - $4,500 = $3,300 this is the main reason of loss.

5 0
3 years ago
In 2016, unemployment in Egypt was 12.5% and in Saudi Arabia, it was 5.7%.
alexira [117]

Answer:

hi sorry but i need more pionts to post my question because im cheating in online exam and i honestly dont know anything pls dont report or delete im not even in high school well i selected high  school by mistake but im in middle school

Explanation:

3 0
3 years ago
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