Answer:
C. The choice of consumers regarding what to purchase to satisfy their wants and the choice of producers regarding what to produce to maximize profits.
Explanation:
The extremely large amount of products that large hardware stores, such as Office Depot, carry, are most likely a consequence of the combination of these factors. On the one hand, the customers who go to this stores have a particular want, and their purchases are intended to satisfy these wants. On the other hand, the producers also have to make a choice, and they generally chose the products that are most likely to maximize their profits.
Based on the scenario, it is considered to be false. The
school of Jordan won’t be sued for tortious interference with existing
contractual relationship because it doesn’t even prove that the person involved
had intentionally damage one’s contractual or business relationship of which
Jordan didn’t even engaged to.
Explanation:
The adjusting journal entry is presented below:
On September 30
Unearned ticket revenue A/c Dr $75,000
To Ticket revenue A/c $75,000
(Being the unearned ticked revenue is recorded)
The computation is shown below:
= Season tickets sale value × number of games ÷ given number of gains
= $200,000 × 3 games ÷ 8 games
= $75,000
Answer:
The answer is: C) The person living in Anchorage has $50.80/CPI more than the person in Minneapolis.
Explanation:
The Consumer Price Index (CPI) weighs the average prices of a basket of consumer goods and services. So the higher the CPI, the more expensive it is to purchase goods or services in that place.
The purchasing power of someone living in Minneapolis and earning $42,500 is $245.66/CPI; for someone living in Anchorage and earning $67,000 is $296.46/CPI. The difference between them is $296.46/CPI minus $245.66/CPI equals $50.80/CPI.
The person living in Anchorage has $50.80/CPI more than the person in Minneapolis.