Answer:
Option (b) is correct.
Explanation:
When the economy of a particular nation slows down, then as a result this will decreases the sales of the firms. Due to the economy slow down, the income of the consumers falls and as a result they won't be able to buy as much quantity of the goods as they want. Hence, the firms are left with large amount of output or we can say that inventories, as firms are not be able to sell all of their output to the potential buyers.
Answer:
C. Public goods must be provided to secure a high standard of living.
Explanation:
Public goods refer to commodity or service that cannot be avoided by individuals and is unprofitable to be produced and sold by firms. The government is the sole provider of such services. For example roads and security are better provided by government.
<span>Average number of common shares outstanding: (13,000 + 24,000 ) / 2 = 18,500
Earnings Per Share = (Net income - Preferred dividends) / Average number of common shares outstanding
Earnings Per Share = ($80,000 - $21,000 ) / 18,500
Earnings Per Share = $3.19</span>
Answer:
With a price floor of $5, the quantity of corn supplied is 1,200 bushels. The quantity demanded is only 800 bushels: there is a surplus of 400 bushels. The government therefore has to buy up the surplus of 400 bushels, at a price of $5 each: the program costs the government 400 × $5 = $2,000. Corn farmers sell 1,200 bushels (800 to consumers and 400 to the government) and therefore make 1,200 × $5 = $6,000 in revenue.a. With a price floor of $5, the quantity of corn supplied is 1,200 bushels. The quantity demanded is only 800 bushels: there is a surplus of 400 bushels. The government therefore has to buy up the surplus of 400 bushels, at a price of $5 each: the program costs the government 400 × $5 = $2,000. Corn farmers sell 1,200 bushels (800 to consumers and 400 to the government) and therefore make 1,200 × $5 = $6,000 in revenue.
Explanation:
Answer: It is called prospecting and qualifying.
