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creativ13 [48]
3 years ago
12

1) Suppose you have a team of two workers: one is a baker and one is a chef. Explain why the kitchen can produce more meals in a

given period of time if each worker specializes in what they do best than if each worker tries to do everything from appetizer to dessert. 2) A consultant works for $200 per hour. She likes to eat vegetables, but is not very good at growing them. Why does it make more economic sense for her to spend her time at the consulting job and shop for her vegetables? 3) What would be another example of a "system" in the real world that could serve as a metaphor for micro and macroeconomics? 4) Why do you think that most modern countries’ economies are a mix of command and market types? 5) What are the similarities between a consumer’s budget constraint a
Business
1 answer:
leva [86]3 years ago
8 0
I bekekeksns jsndnd 3
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C. In JuneNikea Inc. received the $10,000 payment from XYZWhich of Nikea's accounts are affected by this transaction and what is
zzz [600]

Answer:

The $10,000 collected by Nikea represent the collections of an accounts receivable, the journal entry should be:

Dr Cash 10,000

    Cr Accounts receivable 10,000

In this case, an asset (accounts receivable) will decrease while another asset (cash) will increase). The accounting equation will not change since one assets replaces the other.

Explanation:

3 0
3 years ago
An investment firm provides its customers mobile applications that significantly simplify traditional investing activities. For
Lunna [17]

The Differentiation strategy is used by the investment firm in standing out in the industry.

<h3>What is Michael Porter strategy? </h3>

A strategy is defined by Porter as a competitive position that is deliberately chosen as a different set of activities to deliver a unique mix of value.

The Generic Strategies model of Michael Porter includes:

  • Cost Leadership
  • Differentiation
  • Focus.

These strategy are important because they provide an options for organizations to gain competitive advantage.

In conclusion, the Differentiation strategy is used by the investment firm in standing out in the industry.

Read more about Porter strategy

<em>brainly.com/question/24843525</em>

5 0
2 years ago
A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its suga
Fiesta28 [93]

Answer:

Consumer activism

Explanation:

From the question we are informed about A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its sugar-rich products in schools. As a result, the company partnered with the American Beverage Association and the Alliance for a Healthier Generation to offer lower-calorie and healthier beverages in school vending machines. In this scenario, the cause of the is Consumer activism. Consumer activism can be regarded as process whereby activists stand and seek to influence the process and ways that producers use in production and delivering of goods or services. Definition by Kozinets and Handelman explained it as any social movement that is been raised as society's drive as regards consumption and to detriment of business interests.

5 0
3 years ago
Would the cash be a credit?
Ghella [55]

Answer:

no cash would not be a credit

Explanation:

3 0
3 years ago
Transaction taxes and Excise taxes are two types of _______ taxes
Otrada [13]

Transaction taxes and Excise taxes are two types of consumption taxes

6 0
3 years ago
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