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3 years ago

The idea of rational expectations suggests that :_________

Business

1 answer:

frozen [14]3 years ago

4 0

Answer:C

Explanation:The theory believes that because people make decisions based on the available information at hand combined with their past experiences, most of the time their decisions will be correct.

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The free market is moral because it’s based on merit. Individuals are rewarded when they produce goods and provide services that

kakasveta [241]

Answer:

moral of the market

Explanation:

According to my research on the free market, I can say that based on the information provided within the question this is also referred to as the moral of the market. This, like mentioned in the question, is basically the act of thinking about other people as well as what is morally right when dealing with production and selling of goods in a free market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0

4 years ago

7. Prepaid expenses require what type of adjusting entry?

elena55 [62]

Answer:

accumulated is the answer I think

7 0

3 years ago

Bharat Petroleum Corporation Limited (BPCL) is an Indian government-owned oil and

kati45 [8]

The ERP system consolidates all the company's data into a single database that all authorized users may access.

<h3>What is Corporation?</h3>

A firm or collection of persons legally recognized as acting as a singular body (legally a person) is called as Corporation.

The CEO's responsibility is to make sure the business reaches its goals as well as goals The CEO is in charge of developing corporate policy, making tactical decisions, and overseeing the day-to-day activities of the company. To make decisions that will boost the company's bottom line, the CEO must possess a complete understanding of the company's financial situation.

Another responsibility of the CEO is to ensure the happiness of the company's shareholders. To accomplish so, the CEO must be capable of clearly communicating with the shareholders and the board of directors. The CEO should also be able to make decisions that will benefit the company's bottom line.

All the company's data is consolidated by the ERP system into a centralized database that all legitimate people may access.

Learn more about corporation here:

brainly.com/question/13378534

#SPJ1

6 0

2 years ago

Funtime Quadcopters plans to sell a standard quadcopter (toy drone) for $ 55 and a deluxe quadcopter for $ 85. Funtime purchase

brilliants [131]

Answer:

Funtime must sell 510 standard quadcopters and 340 deluxe quadcopters every month to breakeven.

Funtime must sell 840 standard quadcopters and 560 deluxe quadcopters to earn $ 7,700 monthly.

Explanation:

A. To breakeven, the revenue must equal the total costs.

1. Write the expresssion of revenue

Revenue = price × number of units

Revenue from standard quadcopter

Naming s the number of standard quadcopters sold:

$55 × s = 55s

Revenue from deluxe quadcopter

Naming d the number of deluxe quadcopters sold:

$85 × d = 85d

Total revevue:

55s + 85d

2. Write the expression of cost

Purchase price of standard quadcopters

$45s

Purchase price of deluxe quadcopters

$65d

Fixed monthly expenses

$11,900

Total cost:

45s + 65d + 11,900

3. Relation between number of deluxe quadcopters and standard quadcopters

Two deluxe quadcopters for every three standard quadcopters

d = (2/3)s

4. Substitute d with (2/3)s in the expressions, writhe the equation and solve

Revenue = 55s + 85(2/3)s

Cost = 45s + 65(2/3)s + 11,900

Revenue = Cost

55s + 85(2/3)s - 45s - 65(2/3)s - 11,900 = 0

Multiply the equation by 3, to eliminate the denominators:

165s + 170s - 135s - 130s - 35,700 = 0

Add like terms and add 35,700 to both sides

70s = 35,700

Divide by 70

s = 510

Substitue s in d = (2/3)s

d = (2/3)510 = 340.

Therefore, Funtime must sell 510 standard quadcopters and 340 deluxe quadcopters every month to breakeven.

B. To earn $7,700

Profit = revenue - cost

7,700 = 55s + 85(2/3)s - 45s - 65(2/3)s - 11,900

Add 11,900 to both sides

19,600 = 55s + 85(2/3)s - 45s - 65(2/3)s

Mutliply the equation by 3:

58,800 = 165s + 170s - 135s - 130s

Do the operations:

58,800 = 70s

s = 58,800 / 70 = 840

d = (2/3)840 = 560

Hence, Funtime must sell 840 standard quadcopters and 560 deluxe quadcopters to earn $ 7,700 monthly.

6 0

3 years ago

Opponents of tax reforms intended to raise saving argue that such reforms a. favor those with high income, and that saving may n

Dafna11 [192]

Answer:

Option B

Explanation:

In simple words, under such tax reforms the government is intending to raise indirect taxes which will lead to higher prices of certain goods and is also declining taxes on savings. Both of these steps will work as an incentive for individuals to save more.

However a big majority of community is stating that this will only lead to more burden on the weaker section due to higher prices of commodities and will eventually result in lower standard of living for certain individuals.

5 0

3 years ago