Answer:
Economic activity is the activity of making, providing, purchasing, or selling goods or services. Any action that involves producing, distributing, or consuming products or services is an economic activity. Economic activities exist at all levels within a society.
Explanation:
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Answer:
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Profit maximization is usually a main aim of most businesses in the private sector.
1) Usually people invest personal savings into starting businesses so that the return (aka profits) can be greater than the investment and they can earn a better living.
2) If profit is earned then the business would have enough money to pay dividends to its investors/shareholders, otherwise it wouldn’t have enough money to give as dividends and it will lose its investors.
3) Profit is required for the business to survive in competitive markets.
        
             
        
        
        
Answer: $12477.27
Explanation:
The formula to find the compound amount after t years (compounded semiannually) :-

Given : Principal amount : P = $ 8,000
Rate of interest : 
Time : 9 years
Now, 

The final amount in the account will be $12477.27
 
        
             
        
        
        
Answer:
1) completed and transferred 293,000
<u><em>Equivalent units under W/A method:</em></u>
EU materials     338,500
EU conversion  306,000
Explanation:
Beginning WIP                 33,000 
started and completed <u>260,000</u>
completed and transferred 293,000
Ending WIP                      65,000
EU under weighted-average methood:
complete and transferred plus percentage of completion ending WIP
293,000 + 65,000 x 70%  =  338,500
293,000 + 65,000 x 20%  =  306,000