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kodGreya [7K]
3 years ago
7

“In fact, production theory is much simpler than consumption theory because the output of a production process is generally obse

rvable, whereas the “output” of consumption (utility) is not directly observable”. Explain this statement.
Business
1 answer:
laila [671]3 years ago
6 0

Answer:

The given statement 'In fact,...observable' conveys the idea that <u>it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly</u>. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.

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Ray invested in two different savings bonds. Did he diversify?<br><br> yes<br> no
Artyom0805 [142]
Yes, because Ray investing in two different saving bonds is basically  diversification. 
6 0
3 years ago
Explain how a school's published price (also known as<br> sticker price) and net price differs.
miv72 [106K]

Answer:

Sticker price is the published tuition and fees whereas net price is what the student pays after financial aid (much lower than sticker price).

Hope this helped! :)

5 0
3 years ago
Emerald Corporation, a calendar year C corporation, was formed and began operations on April 1, 2018. The following expenses wer
Lorico [155]

Answer:

Emerald’s deduction for organizational expenditures is = $4550

Explanation:

given data

Expenses of temporary director and organizational meeting is = $27,000

Fee paid to state of incorporation = 1,000

Accounting services incident = 15,500

Legal services = 9,500

Expenses incident printing and sale = 6,000

to find out

Emerald deduction for organizational expenditures

solution

first we get here total Qualifying organizational expenditures that is

total Qualifying organizational expenditures  = $27,000 + $1,000 + $15,500 + $9,500

total Qualifying organizational expenditures  = $53000

and Immediate expensing will be as

Immediate expensing = $5000 - ($53000 - $50000)

Immediate expensing = $2000

so now we get here Emerald Corporation deduction under §248 for 2018 is

Amortization = \frac{$53000-$2000}{180} × 9  

here tax in year = 9 month

Amortization = $2550

Emerald’s deduction for organizational expenditures is = $2550 + $2000

Emerald’s deduction for organizational expenditures is = $4550

3 0
2 years ago
Transactions/events: 1. Acquired $25,000 from the issue of common stock. 2. Purchased $2,500 of supplies on account from the Gad
shepuryov [24]

Answer:

I guess that you need the journal entries:

1. Acquired $25,000 from the issue of common stock.

Dr Cash 25,000

    Cr Common stock 25,000

2. Purchased $2,500 of supplies on account from the Gadget Supply Agency.

Dr Supplies 2,500

    Cr Accounts payable 2,500

3. Performed security services at local sporting events during the year for $8,000 cash.

Dr Cash 8,000

    Cr Service revenue 8,000

4. Paid salaries expense of $3,000 for the year.

Dr Salaries expense 3,000

    Cr Cash 3,000

5. Purchased land, paying $10,000 cash.

Dr Land 10,000

    Cr Cash 10,000

6. Paid utility expenses of $2,000 for the year.

Dr Utilities expense 2,000

    Cr Cash 2,000

7. Paid a cash dividend of $1,500 to the shareholders.

Dr Dividends 1,500

    Cr Cash 1,500

8. Found out from an appraiser that the market value of the land on 12/31 was $12,500.

NO JOURNAL ENTRY

7 0
3 years ago
According to current intellectual property regulation, which of these scenarios would be considered a violation? a. You reprint
myrzilka [38]

Answer:

c. You cite large chunks of an article published on Wikipedia on your online news site without offering financial compensation

Explanation:

Intellectual property law deals with the rudiments for securing and enforcing legal rights to inventions, designs, and artistic works,copyrights. Just as the law protects ownership of personal property and real estate, so also does it protect the rights to intangible assets.

Types of Intellectual Property are

Patents.

Trademarks.

Trade Secrets.

Copyrights.

The answer to the above question will be C, as the work belongs to wikipedia and they are entitled to compensation if there work is to be used in large quantities

c. You cite large chunks of an article published on Wikipedia on your online news site without offering financial compensation

3 0
3 years ago
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