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mixas84 [53]
3 years ago
11

Take a critical and analytical (objective) look at your life. Think about your wants and needs. In two separate columns, list yo

ur top ten wants and your top ten needs. For each one, give a one-sentence explanation as to why it is a want or a need.
- I can't think of object types of things that I need.

Here's what I have so far:

Car:

I’m getting my license soon and I need to buy a car.


New fabric/sewing supplies:

I’m starting to make custom clothes for people to make money and I need money for all of my need/wants.


Need to buy food for all of my pets:

If they don’t eat they’ll die, so I feel that is a dire need.


I have to buy new clothes for my interview:

If I go in looking like a scrub they might not hire me and again I need money to just live.
Business
1 answer:
slega [8]3 years ago
4 0

Answer:

Food is need but having fast food from expensive restaurants is want.

Car is considered as a luxury its is a want, travelling from bus is a need.

Having small studio apartment to live is need but buying expensive villa is want.

Buying new clothes is need when old clothes are torn.

Shopping from grocery stores is need, shopping from malls is want.

buying branded shoes is want but having normal shoes are need.

Explanation:

These is difference between human needs and wants. A person may want so many luxuries in life but actually he can survive without buying it. Needs are the things without which survival of a person is risk.

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The marginal revenue product of labor is equal to the product of: Group of answer choices the marginal product of labor and the
sergey [27]

Answer:

the marginal revenue per unit of output and the marginal product of labor

Explanation:

Marginal revenue product -

It is the market value of one of the additional unit of output , is known as marginal revenue product also called the marginal value product .

The calculation for marginal revenue product is calculated by the multiplication of the marginal revenue with the marginal product of the labor .

MRP = MR * MPL

Where ,

<u>MRP = Marginal revenue product </u>

<u>MR = marginal revenue</u>

<u>MPL = marginal product of the labor .</u>

<u></u>

4 0
4 years ago
On July 5, Harris Company purchased supplies from the hardware store for $600 on account. On July 10, Harris receives a bill fro
vekshin1

Answer:

Debit Accounts Payable 600, Credit Cash 600

Explanation:

as goods are purchased on credit initially it will be recorded on parable.

And when it will be paid the general entry will be:-

Account payable debit =600

cash credit = 600

Harris record the transaction on July 17

Debit Accounts Payable 600,

Credit Cash 600

3 0
4 years ago
On January 1, Year 1, Boyd Corporation accepts a $10,000 three-month, nine percent promissory note from one of its customers. To
mihalych1998 [28]

Answer:

The borrower records its receipt of cash and new liability with this entry

Jan 1             Notes Receivable   $10,000 Dr.

                             Sales / Accounts Receivable         $10,000 Cr.

Received Note of 3 months with  9% interest

The entry would  credit to Sales if it is received against sales or credit to account receivable isf it is received against accounts receivable for a further time period as the case may be.

6 0
3 years ago
Which of these is a major advantage of a market economy?
Fofino [41]

These is a major advantage of a market economy is it can change direction rapidly when needed as markets change. Thus second option is correct.

<h3>What is Market Economy?</h3>

Market Economy refers to the economy in which the prices of the goods and services are determined by the two market forces that are supply and demand.

There is a less control of the government in the market economy and therefore all the decisions are taken by the private individuals. Thus option 1st is incorrect.

The Prices of the goods and services are determined by the supply and demand forces and the prices are kept as per the affordability of the customers. Thus option 3rd is also incorrect.

Therefore the correct option is 2nd one as the market changes the price of the good and services are also effected and get changed.

Learn more about Market economy here:

brainly.com/question/14164189

#SPJ1

5 0
2 years ago
Explain why the income tax graph has different slopes. what is the meaning of each slope? ​
grandymaker [24]

If we are talking slopes, we are talking linear equations, since lines are the only functions with slopes. If the slopes are the same, the lines will be parallel, and that is where we have a case of no solution because parallel lines will never intersect. NEVER EVER. If the slopes are different, eventually the lines will intersect somewhere.

HOPE THIS HELPS :)
3 0
3 years ago
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