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lakkis [162]
2 years ago
12

Ali buys a new pair of shoes at a shoe store. to which of the arrows does this transaction directly contribute?

Business
1 answer:
prisoha [69]2 years ago
6 0

Answer;

Firms --> Market For Goods and Services --> Households

Explanation;

In product markets, business firms supply and sell goods and services while households demand and buy them.  Households supply and sell factors of production, such as labor, while business firms demand and buy them.

In a market economy households provide resources and labor and purchase goods and services while firms provide goods and services and purchase resources and labor. The goal of firms in a market economy is to maximize their profits. This can best be achieved by minimizing costs in the resource market and maximizing revenues in the product market.



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greene co. has pretax book income for the year ended december 31, 2019 in the amount of 265000 and has a tax rate of 30%. Deprec
Gennadij [26K]

Answer:

Pre-tax book income $265,000

Less depreciation additional charge $14,500

Taxable income $250,500

Tax liability at 30% = $75,150

8 0
2 years ago
To be useful for decision making, information should possess the fundamental qualities of relevance and.
Nitella [24]

To be useful for decision making, information should possess the fundamental qualities of relevance and  <u>Faithful representation</u>.

<h3>What is  faithful representation?</h3>

Faithful representation can be defined as the financial accounting concept that stated a company financial position which they present should be correct with what the company has as their financial statement.

It is paramount that a company a financial statement is accurate  to what they present in the financial statement  and  should not be compromise.

Therefore To be useful for decision making, information should possess the fundamental qualities of relevance and  <u>Faithful representation</u>.

Learn more about  Faithful representation here:brainly.com/question/14506917

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7 0
1 year ago
If the government wants to increase production of a good to achieve marginal social benefit, then the following policy will most
Kobotan [32]

Answer:

a. a subsidy so that the firm can operate where marginal social benefit equals marginal social cost.

Explanation:

The private company is producing when the marginal revenue matches the marginal cost. The governemtn will want to decrease the cost (that's by subsidize the activity) to match the marginal revenue considering the positive externalities.

The government will do a pigouvian subsidy.

The government reasons to go for this is that the good or services provide positive externalities Which are enjoy by people who doens't purchase the good. Thus, this subsidy will increase the amount of ooutput thus, generating a better social benefit.

6 0
3 years ago
The financial ratio that shows the relationship between the price of a company's stock and the company's net worth (stockholders
Paha777 [63]

Answer:

A

Explanation:

5 0
1 year ago
The standard quantity allowed for the units produced was 4,500 pounds, the standard price was $2.50 per pound, and the materials
katrin2010 [14]
The standard quantity that is produces is multiplied to the standard price. The product is subtracted to the quantity variance and will be divided to the standard price. The product you have acquired will be the units that are produced.

4,500 pounds x $2.50 = 11,250
11,250 - $375  = 10,875
10,875 / $2.50 = 4,350

Answer: There are 4,350 units produced.
7 0
2 years ago
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