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Anit [1.1K]
2 years ago
8

Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if t

here were only one or two career clusters?
Business
1 answer:
dem82 [27]2 years ago
3 0
Because if everyone went and had the same job no one else would know how to do the other jobs causing our entire economy to fail and entire city’s failing too.
You might be interested in
In order to overcome the ________ interest groups often provide ________ to their members.
vovikov84 [41]

In order to overcome the free-rider problem interest groups often provide selective benefits to their members.

The free-rider problem is a problem in economics. it is considered an instance of a market failure. this is, it's far an inefficient distribution of goods or offerings that happens when a few people are allowed to consume extra than their honest proportion of the shared useful resource or pay much less than their honest percentage of the charges.

The free-rider problem is a monetary idea of a market failure that happens whilst humans are taking advantage of sources, goods, or offerings that they no longer pay for. If there are too many free riders, the sources, goods, or services may be over-provided. consequently, this will create a loose rider problem.

The free rider problem may triumph over thru measures that make sure the users of a public accurate pay for it. Such measures encompass government moves, social pressures, and gathering bills—in particular conditions wherein markets have located a way to do so.

Learn more about the free-rider problem here:-brainly.com/question/25800077

#SPJ4

5 0
1 year ago
Lynn Bernerd, Inc., manufactures and sells reclining furniture. The company currently operates in the United States but wishes t
xeze [42]

Answer:

E) Trading company

Explanation:

In international trade, trading companies are basically wholesalers that work at an international level. They usually purchase products from different businesses and then resell them to local retail businesses or sometimes final consumers (less common). Trading companies generally enter a exclusive distribution agreement with the manufacturer per region or country that they operate in.

3 0
3 years ago
Presented below is information for Marin Company.
hram777 [196]

Answer:

Debit Accounts Receivable for $104,700; and Credit Sales Revenue for $104,700.

Debit Cash for $85,400; and Credit Accounts Receivable for $85,400.

Explanation:

The (summary) journal entries to record the items noted will look as follows:

<u>Particulars                                   Debit ($)             Credit ($)        </u>

Accounts Receivable                  104,700

Sales Revenue                                                         104,700

<u><em>(To record net sales (all on account) for the year.)                        </em></u>

Cash                                             85,400

Accounts Receivable                                               85,400

<u>(Collections on accounts receivable during the year.)                 </u>

3 0
2 years ago
Which one of the following types of losses is excluded from the determination of net income in income statements? Material losse
alexgriva [62]

Answer: The correct answer is "Material losses resulting from correction of errors related to prior periods.".

Explanation: It is generally established that the type of loss that is excluded from the determination of net income in the income statement are the material losses resulting from transactions in the company's investments account.

7 0
2 years ago
Consider the following​ alternatives: i. $ 140 received in one year ii. $ 240 received in five years iii. $ 350 received in 10 y
Svetradugi [14.3K]

Answer:

Ranking 10% interest rate:

1) 5 years

2) 10 years

3) 1 year

Raking 2% interest rate:

1) 10 years

2) 5 years

3) 1 year

Raking 18% interest rate:

1) 1 year

2) 5 years

3) 10 years

Explanation:

You have to apply to bring the amount of money to present value, according with the information, the formula is the next:

Present Value = Future Value/((1+ interest rate)^(n))

Where n is the number of years that you have to wait to receive the money.

You have to calculate every situation with the respective amount of time and interest rate, the result must be money. and when you get the 9 results, you have to compare every situation and chose the higher amount of money according to the interest rate, for example:

Present value = 140/ ((1+10%)^(1))=  127    

                       =  140/ ((1+10%)^(5))=   149    

                        =  140/ ((1+10%)^(5))=   135

So the answer for the first scenario with an interest rate of 10% is:  

Ranking 10% interest rate:

1) 5 years

2) 10 years

3) 1 year

5 0
3 years ago
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