Trade-off
A trade-off is a situational decision in which one quality, quantity, or feature of a set or design is reduced or lost in exchange for gains in other areas. A tradeoff occurs when one thing increases while another must decline.
What is consumer's real wage?
Real earnings are salaries that have been factoring in inflation, or wages in perspective of the amount of services and goods that may be purchased.
Main Content
$606
Given the answers to the question, the complete or implicit income of the consumer would be determined as follows:
When the customer works, she earns an hourly wage of $17.00, therefore when she works for 24 hours, she will earn:
=$17
24
=$408
Also, when the customer sells all the 17 units of the composite good, she will earn:
=$1118
=$198
Therefore, the customer's full income would be:
=$408+$198
=$606
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Answer:
debit to treasury stock for $90,000
Explanation:
Vermont corporation
Purchased × Shares of treasury stock per share
Purchased 3,750
Shares of treasury stock for $24 per share
Hence:
Purchased 3,750 × shares of treasury stock for $24 per share
=$90,000
Therefore journal entry to record the purchase of the treasury shares on february 1 would include a debit to treasury stock for $90,000
Answer:
selling price= $25
Explanation:
Giving the following information:
Fixed costs= $78,000
Unitary variable cost= $11
Desited profit= $90,000
Break-even point in units= 12,000
<u>To calculate the selling price, we need to use the following formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
12,000= (78,000 + 90,000) / (selling price - 11)
12,000*selling price - 132,000 = 168,000
12,000selling price = 300,000
selling price= $25
The statement that internet service providers are capable of providing products and services is false.
- Internet service providers cannot be an example of organizations that can provide both goods and services.
- This is because, internet service providing organizations fall under the category of organizations that are especially known for only being able to provide services.
- Some other organizations that produce services alone, also include commercial banks and consulting firms.
- Therefore, the statement cannot be true.
Thus, from the above reasons it is clear that internet service providers can only provide services.
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