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Alex777 [14]
3 years ago
13

Economics is best defined as the study of how societies deal with

Business
1 answer:
lutik1710 [3]3 years ago
3 0

Answer:

The division of labor.

Explanation:

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The Bogart Company produces 5,000 units of item SLM 46 annually at a total cost of $200,000
sertanlavr [38]

Answer:

Option B is the answer

Explanation:

Avoidable costs = 20,000+55,000+45,000 + (8*5000)+30,000

= 190,000

= 190,000/5,000 units

= $38 Option B is the answer

3 0
3 years ago
Shelby Cabinets, Inc. produces custom cabinets. The following inventory balances appeared on its balance sheet.
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$855,000 yippie!!!

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On May 1, your firm had a beginning cash balance of $175. Your sales for April were $430 and your May sales were $480. During Ma
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Answer:

Begininig cash balance June 1 205

Explanation:

Sales April 430

Sales May 480

 

Begininig cash balance May 1 175

Cash expenses                        -110

Payments                               -290

Sales april                                 430

Begininig cash balance June 1 205

8 0
3 years ago
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When goods are produced at the lowest possible cost, an economy is said to have achieved:?
kondor19780726 [428]
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
4 0
3 years ago
Entrepreneurs and other producers accept risks because they hope to earn _____.
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Entrepreneurs and other producers accept risks because they hope to earn PROFIT.

Every businesses are set up for the purpose of earning profits. Every venture has its accompanying risks of failure but if everything goes right, then the pay-off will be worth it. 

High risks business also have high potential of generating high profit. 
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