1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anika [276]
3 years ago
11

In a market, buyers want to pay the _____ possible price and sellers want to charge the _____ possible price.

Business
1 answer:
nikklg [1K]3 years ago
8 0

Answer:

Lower; Higher

Explanation:

Lower; Higher

A consumer always wants to pay a lower price for the commodity in order to increase the consumer surplus. While the producer can increase their profit by charging higher prices. Therefore, the producer will try to charge a higher possible price.

You might be interested in
Bond Corporation issues 5,000, 10-year, 8%, $1,000 bonds dated January 1, 2017, at 103. The journal entry to record the issuance
Darya [45]

Answer and Explanation:

The journal entry to record the issuance of the bond is as follows:

Cash Dr (5,000 × 103) $515,000

Discount on bond payable Dr $4,485,000

        To Bond payable (5,000 × $1,000)  $5,000,000

(Being the issuance of the bond is recorded)

Here cash and discount on bond payable is debited and credited the bond payable

5 0
3 years ago
The two most common forms of representative participation are ________ and board representatives. employee unions work councils
11111nata11111 [884]

Answer:

The correct answer is B) work councils.

Explanation:

The work councils are responsible for energizing the internal functioning of organizations and are a meeting point where professionals from functional areas of companies share, discuss and agree on proposals that reverse business and sector improvement.

6 0
3 years ago
Cho is working on poverty reduction in a Philadelphia public housing development. In the analysis he writes after the project, h
Anestetic [448]

Answer:

Oscar Lewis’s "culture of poverty" is usually interpreted as blaming the poor people for being poor. It's like, you are poor because you decide to be poor, and Cho (and I) believe that it is not true.

While Mario Luis Small believed that someone doesn't have or belongs to a culture just because his or her race, ethnic group or gender. His work relates to how environmental, socio-cultural conditions influence poor neighborhoods and their residents.  

6 0
3 years ago
Read 2 more answers
Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1
yaroslaw [1]

Answer:

Mijka Company

a. Journal Entries

Debit Cash $30,400

Credit Service Revenue $30,400

To record the proceeds for services provided.

Debit Expenses $13,800

Credit Cash $13,800

To record the payment of cash for services.

Debit Dividend $2,100

Credit Cash $2,100

To record the payment of cash dividend.

b. Income Statement for the year ended December 31, 2018:

Service Revenue     $30,400

Expenses                   13,800

Net Income             $16,600

Dividends                   (2,100)

Retained earnings $14,500

Statement of Changes in Stockholders' Equity as of December 31, 2018:

Retained Earnings    $14,500

Balance Sheet as of December 31, 2018:

Assets:

Cash                       $14,500

Equity:

Retained Earnings $14,500

Explanation:

a) Data and Calculations:

Cash revenue $30,400

Cash expense  (13,800)

Cash dividend    (2,100)

Cash balance  $14,500

5 0
3 years ago
Brainleist What Does Success Look Like After You've Been on the Job Six Months?
stiks02 [169]

Answer:

it depends on the job and if you are experienced, If you get a job that pays 15$ an hour then you whould be at a good start

7 0
3 years ago
Read 2 more answers
Other questions:
  • Salary of the company president—$31,300. Salary of the vice president of manufacturing—$16,800. Salary of the chief financial of
    8·1 answer
  • Absent government regulations to guard against​ fraud, why might top managers deceive investors about the true financial condi
    12·2 answers
  • The Baldrige Award aims to: (I) publicize successful quality programs. (II) recognize quality achievements of U.S. companies. (I
    14·1 answer
  • At year-end (December 31), Chan Company estimates its bad debts as 0.5% of its annual credit sales of $975,000. Chan records its
    6·1 answer
  • As indicated in the chapter, return on investment (ROI) is well entrenched in business practice. However, its use can have negat
    6·1 answer
  • THIS IS A RANDOM QUESTION can someone spill some tea bc im bored
    15·2 answers
  • In one month, mikhail's furnishings can make 160 carpets or 160 quilts, while dominique's parlor can make 120 carpets or 200 qui
    6·1 answer
  • By taking the consumer journey and consumer expectations into consideration in the development, integrated marketing communicati
    13·1 answer
  • Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost
    5·1 answer
  • When is it most beneficial and appropriate for a retailer to use a distribution center?.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!