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solong [7]
2 years ago
8

Josh is journalizing an adjustment for a bank service fee. What type of

Business
1 answer:
Monica [59]2 years ago
8 0

Answer:

Expense

Explanation:

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Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respec
Jobisdone [24]

Answer:

MPC = 0.8

MPC = 0.2

Explanation:

Marginal propensity to consume is the proportion of an increase in income that is spent on consumption.

Marginal propensity to consume = increase in consumption / increase in disposable income

Marginal propensity to save is the proportion of an increase in income that is saved.

Marginal propensity to save = increase in savings / increase in disposable income

Disposable income is either consumed or saved. so,

Marginal propensity to consume + marginal propensity to save = 1

Marginal propensity to consume = $64 / $80 = 0.8

Marginal propensity to save = $16 / $80 = 0.2

I hope my answer helps you

7 0
2 years ago
Read 2 more answers
Max chose to operate his production studio as a sole proprietorship even though his attorney cautioned that he was:____________
sergij07 [2.7K]

Answer:

<u>c. exposing himself to unlimited personal liability.</u>

Explanation:

One major characteristic of sole proprietorship being the individual is sole recipient of profits and sole bearer of all risks and liabilities.

A sole proprietor bears unlimited liability in the sense that, in case of bankruptcy, the proprietor's personal assets can be taken away to repay debts owed by him.

Though a proprietor also remains the sole recipient of all gains, similarly the proprietor is also exposed to unlimited risk.

Thus, the correct option is, c. exposing himself to unlimited personal liability   .

8 0
3 years ago
Generally when do glaciers advance downward, causing further erosional landforms? throughout the entire year during colder seaso
melamori03 [73]
<span>Generally, it is during the colder seasons that glaciers tend to advance downward, causing further erosional landforms.  Items below are facts regarding Glaciers according from the <span>National Oceanic and Atmospheric Administration (NOAA) who studies the skies and the oceans: </span></span>

<span>1. </span><span>Approximately 10 percent of Earth's land is covered with glaciers. </span>

<span>2. </span>Glaciers covered 32 percent of land during the last Ice Age.

<span>3. </span>Glaciers store about 75 percent of the world's fresh water.

<span>4. </span>Antarctic ice is more than 2.6 miles approximately 4,200 meters thick in some areas.

<span>5. </span>If all land ice melted, sea level would rise approximately 230 feet (70 meters) worldwide.





4 0
3 years ago
Taubestan produces nearly 97% of the quinoa consumed around the world, and most of it is sold to wealthy nations. Although there
kaheart [24]

Answer:

The correct answer is letter "A": absolute advantage.

Explanation:

Absolute Advantage is an individual company, or country's ability to produce a good or service at a lower cost than any competitor. An organization with an absolute advantage requires fewer inputs or more efficient processes that allows the firm to lower prices and earn higher profits compared to its rivals.

5 0
3 years ago
the price of summer cabins. as summer​ approaches, the equilibrium price of rental cabins increases and the equilibrium quantity
Roman55 [17]

the price of summer cabins. as summer​ approaches, the equilibrium price of rental cabins increases, and the equilibrium quantity of cabins rented increases increase in demand.

When the price falls below the equilibrium price, the quantity demanded exceeds the quantity supplied, creating an excess demand (short supply) for the product. In other words, consumers want to buy more than producers are willing to sell. This mismatch between supply and demand drives up prices.

Price movements cause equilibrium movement along the supply curve. Such a movement is called a change in supply. Like changes in demand, changes in supply do not shift the supply curve. By definition, it is moved along the supply curve.

Learn more about equilibrium at

brainly.com/question/517289

#SPJ4

4 0
1 year ago
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