Answer:
b. are usually composed of diagrams and equations.
Explanation:
Economic models involve huge number of factors for their study and analysis.
It encompasses the analysis of various situations in an economy. It amounts for significant influence on the changes in market and environment, in which an economy runs.
Since it is complex in nature it involves huge diagrams, metrics, equations.
As with just theory it is not easy to form the understanding of economics. Thus, it involves many pictorial representations in the form of diagrams, graphs, etc:
Therefore, correct statement is
Statement b
Answer: Geocentric orientation
Explanation:
The management orientation that accurately characterizes a company that bases its decisions primarily on market research is the geocentric orientation.
A company that uses a geocentric orientation sees the whole world as a global market. We should note that a geocentric company makes its products and develops a marketing mix that's standardized for the global market.
Answer:
accounts payable 2,000 debit
cash 2,000 credit
salaries expense 1,200 debit
cash 1,200 credit
Equipment 39,000 debit
cash 39,000 credit
utilities expense 800 debit
cash 800 credit
B-Valdez drawins 4,500 debit
cash 4,500 credit
Explanation:
In all cases the company is using cash. It is performing a cash disbursements thus we credited.
In the debit side we post what we receive or destination of the cash.
Like, equipment, salaries expense and so on.
Answer: FALSE.
Price control is regulated by the government of any country that puts restriction on the price of goods in the market. The intend of the federal price regulation is to provide uniform policies and to protect the rights of every consumer or customer.
Answer:
The corporation's tax basis in the property received in the exchange is $889
Explanation:
Property was transferred by Carlos, and at the time of Transfer Carlos basis on the Property is $820.
From "Carryover basis" rule,
Corporation Tax basis on Property = (Basis of Carlos) + (Gain recognized)
So, Corporation's tax basis in the Property
= $820 + $69
= $889
