Answer:
Traditional economy.
Explanation:
A traditional economy is one that relies on historical methods, customs, and beliefs to develop. It is generally more common in developing countries because it is an economy based on rural activities such as agriculture, fishing and hunting. Because it is an economy that develops around a tribe or a family, it is customary for production to be for consumption only, so there is no surplus and little money movement.
Answer: a. I made comparisons with others' salaries."
Explanation:
Equity theory simply refers to the principle that the actions of individuals are based on fairness and in a situation whereby there's no fairness or equity, the workers will seek to address such differences.
According to the equity theory, workers believe that everyone who puts in a similar input should get a similar reward. Therefore, in this case since Ted used the equity theory, he'll make a comparison with the salary of others.
Answer:
Worthy Ships:
Treasury Stock account balance would be $80,000.
Explanation:
Treasury Stock account is a contra account to the Common Stock account. Using the cost method, the account will have a debit entry and balance of $400,000 in 2023. In 2024, with the resale of shares, the account will have a credit entry of $320,000. This would bring the balance to $80,000 at the end of 2024.
Answer:
Channel of distribution
Explanation:
A channel of distribution is a means used to get a product from the producer or manufacturer to the consumer. Channels of distribution include wholesalers, retailers, distributors etc.
Answer:
$200
Explanation:
Given that,
Price of sweeter = $100
Marginal benefit from sweeter = $300
Recall that
Consumer surplus refers to the marginal benefits gotten from a good in excess of the price of paid for that good, summed over the total quantity of goods bought.
Since only one sweeter was bought
Thus,
Consumer surplus = (marginal benefit - price) ÷ quantity bought
= (300 - 100) ÷ 1
= $200
