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maxonik [38]
3 years ago
12

What is say's law in economics

Business
1 answer:
Radda [10]3 years ago
6 0

Answer:

Say's law in economics is the ability to purchase something depends on the ability to produce and thereby generate income.

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When a job is completed in a service organization, the job costs are transferred to the?
Lera25 [3.4K]
Cost of services account
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3 years ago
Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sight
natta225 [31]

Answer:

<u>$1,300</u>

Explanation:

Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;

  • <u>$400 for round-trip airfare to San Francisco</u>
  • <u>  $250 fee to register for the conference,</u>
  • <u>  $300 per night for three night’s lodging,</u>
  • <u>  $200 for meals, and</u>
  • <u>  $150 for cab fare.</u>

A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.

5 0
3 years ago
Read 2 more answers
Scenario 17-5. assume that a local restaurant sells two items, salads and steaks. the restaurant's only two customers on a parti
rodikova [14]

Answer: The price of the tied good is $20.

Explanation: The practice of tying is used to package products in such a way that the price of the tied (combined) good is closer to the buyers total willingness to pay for the two goods.

In this case, the total willingness to pay of Carnivore is $20+$7=$27

While, that of Leafygreens is $8+$12=$20

Thus, the producer will sell the combined good at $20 as it this price both the consumers will buy the tied good. If the producer sells it at $27, then only the Carnivore will buy the good but Leafygreens will not.

Thus, with zero marginal cost of serving additional consumer it is better for the producer to sell at $20.

8 0
3 years ago
Define organization and explain three of the characteristics of organization. Give three examples of organizations, try to inclu
Mekhanik [1.2K]

Answer:

Organization is arranging or coordinating especially in a business, society, or association aspect. Examples of organization could be:

1. Arranging a group of people who work in specific studies

2. Taking books by their genre, and putting them together

3. The economic pyramid, is the perfect example of an organization. Defining society by class.

5 0
1 year ago
At its simplest, acquisition management can be viewed as:
Goryan [66]

Answer:

The correct answer is letter "D": project management plus operations management.

Explanation:

Acquisition management refers to all the efforts a company makes to obtain the materials necessary for the operations process stage to take place. Labor, land, and equipment are the main factors that the company must acquire to make its project become true. Under that scenario, project management and <em>operations management </em>are the core of the <em>acquisition management</em>.

3 0
2 years ago
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