1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
12345 [234]
3 years ago
8

Wat is accounting in economics

Business
1 answer:
Mumz [18]3 years ago
3 0

Answer:

Accounting and economics both involve plenty of number-crunching. But accounting is a profession devoted to recording, analyzing, and reporting income and expenses, while economics is a branch of the social sciences that is concerned with the production, consumption, and transfer of resources.

I hope it's helpful!

You might be interested in
The following information is for S&P Enterprises for the month of September: Direct materials $82,000 Direct labor $51,000 V
prisoha [69]

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense    $15,000

Variable administrative expense $6,000

Fixed administrative expense  $18,000

Total period Cost            $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000  

Fixed selling expenses         $15,000  

fixed admin expenses          $18,000

Total fixed cost                     $63,000

We simply added all the above items

7 0
3 years ago
A career pathway is:
qwelly [4]
I think the better one is D.
3 0
3 years ago
If the price elasticity of demand for apples is 1.20 (absolute value), then the demand is _____ and total revenue will ______ if
Ludmilka [50]

Answer:

The correct answer is: price elastic; increase.

Explanation:

The price elasticity of demand for apples is 1.2.  

This implies that the demand relatively prices elastic.  

Elastic demand means that a proportionate change in the price of apples will cause more than proportionate change in the quantity demanded.  

A decrease in the price of apples will cause its quantity demanded to increase by more than proportionate. This will cause total revenue to increase.

3 0
3 years ago
Mason pays $251 monthly for auto insurance. He had an accident involving another car. His
Evgesh-ka [11]

Answer: Yes, the years worth of payments is more than the actual claim

Explanation:

the claim was $2500 and he payed $3,012 a year for insurance

4 0
3 years ago
Read 2 more answers
Expound on the different forms of elasticities of supply
chubhunter [2.5K]

Answer:

The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price. Elasticities can be usefully divided into five broad categories: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary.

Explanation:

8 0
3 years ago
Other questions:
  • The global positioning system is a network of 21 ________ plus 3 working spares.
    14·1 answer
  • The economic analysis of minimum wage involves both normative and positive analysis. Consider the following consequences of a mi
    11·1 answer
  • Ann lives in Princeton, New Jersey, and commutes by train each day to her job in New York City (20 round trips per month). When
    14·1 answer
  • Arm & Hammer launches a campaign to extend the life of its baking soda products through improved packaging and new uses in p
    15·1 answer
  • Clara and Sandra collaborate to open a cafe. They come to an arrangement wherein Sandra manages the cafe from Monday to Wednesda
    13·1 answer
  • Adding Erik Olin Wright’s concept of contradictory class locations to the Marxist concept of capitalists versus the proletariat,
    14·1 answer
  • Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31, Mar
    14·1 answer
  • Serge supervises toolmakers who make custom parts for the engineering department before these parts go into production. Deshaun
    15·1 answer
  • Which consideration must a society address when deciding for whom to produce a potentially scarce or limited
    15·2 answers
  • An organization's internal stakeholders consist of Multiple Choice a.the board of directors, customers, and local government.b.t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!