Economics is mainly concerned with the study of scarcity. It is a branch of knowledge concern with the production , consumption and transfer of wealth.
Answer:
the condition that has been reached is market equilibrium.
Help the child see that they themselves can answer what will happen if they come across a situation like so
Answer:
A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.
Answer:
$3,250.00
Explanation:
Cost price for the truck is $42,000
Salvage value for truck is $3000
Depreciable amount is cost price - salvage value
= $42,000 - $3000
=$39,000
The truck has three years of useful life: depreciation per year will be
=$39,000/3
=$13,000
In 2019, the truck operated for three months, ( October, November, and December)
The amount of depreciation to be recorded in 2019
=$13,000/12 x 3
=$,083.3333333 x 3
=$3,250.00