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pickupchik [31]
3 years ago
11

What is the difference between a checking and savings account?

Business
1 answer:
Nat2105 [25]3 years ago
8 0

A checking account is what you would use to make everyday purchases, and what you usually put the majority of your check into. Savings accounts are used to save money over periods of time. A percentage of your check may go in a savings account that you don't use.

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Suppose the country of montgomery has specialized in the production of a good but has not yet entered into trade. At this point
WINSTONCH [101]

Suppose the country of montgomery has specialized in the production of a good but has not yet entered into trade. At this point in time, montgomery has <u>moved along its existing production possibilities curve.</u>

<u></u>

A production posibilities curve in economics measures the maximum output of goods and the use of a fixed quantity of input. The input is any aggregate of the four elements of manufacturing: natural resources (which include land), hard work, capital goods, and entrepreneurship.

for example, say an economic system produces 20,000 oranges and 12000 apples. On the chart, it truly is point B. If it desires to produce greater oranges, it ought to produce fewer apples. In the chart, factor C suggests that if it produces 45,000 oranges, it could most effectively produce 85,000 apples.

By means of describing this trade-off, the curve demonstrates the idea of possible price. Making greater than 1 precise will price society the opportunity of making greater of the other excellent.

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brainly.com/question/26460726

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8 0
2 years ago
Location externalities (skilled labor force, supporting industries in place, etc.) are considered a __________ factor when choos
Scilla [17]

Location externalities (skilled labor force, supporting industries in place, etc.) are considered a<u> country-specific</u> factor when choosing a location of production.

In economics, an externality or outside fee is an indirect cost or benefit to an uninvolved third party that arises as an effect of some other celebration's interest. Externalities may be taken into consideration as unpriced items are concerned in either customer or manufacturer marketplace transactions.

Location externalities describe the mutual interplay among marketers, which at a micro-stage manner that the vicinity of one or extra families and/or companies in a neighborhood modifies the nice of that neighborhood.

There are 4 predominant forms of externalities – positive consumption externalities, tremendous production externalities, negative consumption externalities, and negative production externalities. Externalities create a social fee in which items are undersupplied or create harm to the surroundings.

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6 0
1 year ago
Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a
Mazyrski [523]

Answer:

$154,050

Explanation:

The computation of the net income for the firm is shown below:

Sales               $634,000

Less: costs      -$328,000

Less: depreciation -$73,000

EBIT                   -$233,000

Less: interest      -$38,000

EBT                      195,000

Less: tax(195,000 × 21%) -$40,950

Net income    $154,050

We simply deduct all expenses ,interest and taxes from the sales revenue so that the net income could come and the same is to be considered

5 0
3 years ago
Jacoby Company received an offer from an exporter for 25,400 units of product at $18 per unit. The acceptance of the offer will
OlgaM077 [116]

Answer:

Differential income from the special order= $127,000

Explanation:

A company should accept a special order where the order generates additional contribution. i.e where the special order sales exceeds all relevant cost.

The relevant cost for decision to accept the special order are  

I Incremental Revenue from the special order  

2. incremental variable cost

Contribution per unit = 18-13=5

Total contribution from special order = contribution per unit × units

                                                      = 5× 25,400=$127,000

Differential income from the special order= $127,000

Note that whether or not the special order is accepted the fixed manufacturing and fixed operating expenses of would be incurred either way. Therefore , they are not relevant for the decision

6 0
3 years ago
You work for Emerita's Pizzeria and have been given the task of looking at company goals and deciding how the goals will be acco
Vesna [10]

The plans that must be involved are the strategic planning, the mid level, the low level, the operational planning, the top level planning.

Explanation:

In the strategic planning the company's stakeholders will ask them were they want their company to be in five years

The middle level staff will decide to focus in recruiting the new clients and to increase the productivity and they will find the way to give back to the company

Being a low level employee it is necessary that one must interact with the customers and contribute to the company's performance

In the operational planning it will be difficult to manage the customers  meet their day to day needs and satisfy them

A meeting will be held with the top level staff and hence they will be coming up with the new tools of the operational planning

3 0
3 years ago
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