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
pav-90 [236]
3 years ago
9

True or false: suppose that the hypothetical country of prairieland has a chronic scarcity of wheat, its staple grain. this impl

ies that if prairieland has a market economy, wheat will be available only for a price.
Business
1 answer:
puteri [66]3 years ago
7 0
Yes, if prairie land has a market economy, wheat will only be available for a price because in a market economy things have to be bought for the market price. A country with a socialist economn the other hand may be able to trade other goods that praireland has in exchange for the wheat.
You might be interested in
Champagne, inc., had revenues of $12 million, cash operating expenses of $8 million, and depreciation and amortization of $1.5 m
Hoochie [10]

The free cash flow can be calculated as below:

Revenue 12000000

Less: Expense (8000000)

Less: Depreciation (1500000)

Earnings Before Tax 2500000

Less Tax (750000)

Earnings after tax 1750000

Add Depreciation 1500000

Total Cash Earnings 3250000

Less: Change in Working Capital (500000)

Less : Purchase of Asset (700000)

Free Cash Flow 2050000

Thus Free Cash Flow can be calculated as above.

4 0
4 years ago
ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a ______.
MrMuchimi

If ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a:

Debit to Inventory of $500

Credit to Accounts Payable of $500.

Based on the information given if the company purchased merchandise of the amount of $500 on account, the appropriate journal entry to record this transaction is:

ABC journal entry

Debit to Inventory of $500

Credit to Accounts Payable of $500

(To record merchandise on account)

Learn more here:<em>brainly.com/question/14919979</em>

4 0
3 years ago
I need a 7 sentence summary on professional appearance
earnstyle [38]

Answer:

what does this mean

Explanation:

5 0
3 years ago
The model of short-run economic fluctuations focuses on _____
Bas_tet [7]

Answer:

The correct answer is letter "A": the price level and real GDP.

Explanation:

The model of short-run economic fluctuations is a method that measures the changes in the output level of an economy. According to this model, the increase in money supply increases production which causes prices to decrease. It considers two variables: <em>the average level of prices </em>and <em>the production of the economy based on the real Gross Domestic Product (GDP)</em>.

3 0
4 years ago
Which estimating technique uses a statistical relationship between historical data and other variables (e.g., square footage in
CaHeK987 [17]

Answer:

Parametric estimating

Explanation:

It is a calculation technique in which an algorithm is used to calculate the cost or duration based on historical data and project parameters.

The parametric estimation uses a statistical relationship between historical data and other variables (eg, square meters of construction) to calculate a variable of the parameters of an activity such as cost, budget and duration.

6 0
3 years ago
Other questions:
  • The finance team of an organization has prepared an end of quarter balance sheet. The stockholders equity amount is a negative v
    15·2 answers
  • In a group of 68 students, each student is registered for at least one of three classes – History, Math and English. Twenty-five
    8·1 answer
  • Which of the following is not an example of nonverbal communication?
    13·1 answer
  • A rookie quarterback is negotiating his first nfl contract. his opportunity cost is 10%. he has been offered three possible 4-ye
    11·1 answer
  • One benefit of attending a technical school program is
    15·1 answer
  • Trying to reduce unemployment using expansionary monetary policy during stagflation will?
    7·1 answer
  • Why is investing in a mutual fund less risky than investing in a particular company’s stock?
    12·2 answers
  • Real data vs nominal data what is the difference
    10·1 answer
  • Why is business plan necessary?​
    14·1 answer
  • What does woolworths do to help the people​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!