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KIM [24]
2 years ago
7

When every economic unit in a society attempts to achieve its own particular goal, usually requiring delivering something of val

ue to others, it is referred to as ______.
Business
1 answer:
Alexus [3.1K]2 years ago
5 0

When every economic unit achieves its own particular goal, perhaps by delivering something of value to others, it is referred to as ___self-interest___.

<h3>What is self-interest?</h3>

Self-interest is an action motivated to achieve personal goals or advantages. According to Adam Smith, when individuals pursue their self-interests, they satisfy the general public by providing some goods or services in exchange.

Thus, when individuals or every economic unit achieves its self-directed goals, they usually satisfy their self-interest while delivering something of value to others.

Learn more about self-interest at brainly.com/question/1219935

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Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price,
11Alexandr11 [23.1K]

Answer:

A sales.

Explanation:

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.

In this scenario, Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is a sales.

4 0
2 years ago
Refer to the information for Alfombra Inc. below.
Ann [662]

Answer:

<u>cost to be accounted for:</u>

beginning cost: 180,000

added cost        756,000

total cost         <em>   936,000</em>

<u>cost accounted for:</u>

ending WIP 30,000 x 5.2           =  156,000

trasnsferred-out: 150,000 x 5.2 =  780,000

total cost accounted for           <em>      936,000</em>

Explanation:

150,000 completed

 50,000 at 60%

weighted average equivalent unit:

complete + percetage of completion ending WIP

150,000 + 50,000 x 60% = 180,000

Cost per unit:

936,000 / 180,000 = 5.2 dollar per unit

we should match the total cost pool with the ending WIP and trasnferred out units

4 0
3 years ago
By the fourth quarter of 2015, U.S. households had accumulated $12.5 trillion in housing equity, which represents about 14 perce
Sloan [31]

Answer:

correct option is d. two-thirds

Explanation:

given data

accumulated =  $12.5 trillion

net worth = 14 percent

solution

here as per  statistical data of 4th quarter in year 2015,

that required holding is two third of having home.

and Accumulated equity indicate the demand for housing in the country

so here 1 - \frac{2}{3} =  \frac{1}{3} rd left out

it is assumed that they should get home at the beginning of 2015 (in the 1st quarter)

so correct option is  d. two-thirds

7 0
3 years ago
Approximately ________ percent of the federal budget is in the mandatory spending category
Goshia [24]

The answer is 9%. According to the CBO, defense expenditure grew 9% yearly on average from fiscal year 2000-2009. Much of the costs for the conflicts in Iraq and Afghanistan have not been subsidized through regular arrogations bills, but over emergency supplemental appropriations bills.

6 0
3 years ago
When ruko, a device used to stream movies at home, increases prices by 48% total revenue decreases by 61%?
Free_Kalibri [48]

Answer: Demand is elastic

Explanation:

Total revenue from the sale of a good is negatively related to the price when demand for the good is elastic and positively related to the price when demand for the good is inelastic.

So, as increase in price by 48% decreases total revenue by 61%, therefore the demand for Ruko, a device used to stream movies at home is elastic.

3 0
3 years ago
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