The three basic questions asked are:
1. What goods and services should be produced?
This is asked because the economy wants to produce what the consumers want or else the resources aren't being used efficiently since resources are scarce.
2. How should we produce them?
This is asked because the producers don't want to spend unnecessary time or money on production, so they must choose wisely what method of production is best for their company and consumers.
3. Who are the consumers?
This is asked because the producers want to make sure that they are targeting the right people with advertising or selling.
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Answer:
Account name statement(1) type of account(2)
Accounts payable BS CL
Accounts receivable BS CA
Accruals IS and BS income and SE
Accumulated amortization BS FA
administrative expenses IS E
Buildings BS FA
Cash BS CA
Common shares BS SE
Cost of goods sold IS E
Amortization BS E
Equipment BS F ASSET
General expenses IS E
Intrest expenses IS E
Account name Statement(1) type of account(2)
Inventories BS CA
Land BS FA
long term debts BS CL
Machinery BS FA
marketable securities BS CA
Line of credit BS LTD
operating expense IS E
Preferred shares BS SE
preferred share dividends BS SE
retained earnings BS R
Sales revenue IS R
Selling expense IS E
Taxes IS E
Vehicle BS FA
Answer:
B. Pass the vision exam at the FLHSMV. I believe this is the correct answer.
Explanation:
Radicalism is the economic theory that views MNC's as bad for the working class and developing world.
Given that MNC's are viewed bad for the working class and developing world.
We are required to name the economic theory in which MNC's are viewed as bad for the working class and developing world.
The name of the economic theory that views MNC's as bad for the working class and developing world is radicalism. The term radicalism believes that society needs to be changed, and that these changes are only possible through revolutionary means. It is basically a negative theory for the MNC's. They are seem to be bad for the developing countries because they sometimes use the resources of the country out of the limit and in future the country will suffer from the scarcity of resources.
Hence radicalism is the economic theory views MNC's as bad for the working class and developing world.
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Answer:
Option A will save her $4,500
Explanation:
Calculation to determine Which statement about the costs per year is true
First step is to calculate OPTION A cost per year
Option A Costs per Year
Work-Study $4,000
Tuition & Fees $10,000
Scholarship & Grants $7,000
Room & Board $11,500
Total $18,500
Second step is to calculate OPTION B cost per year
Option B Costs per Year
Work-study $4,000
Tuition & Fees $28,000
Scholarship & Grants $18,000
Room & Board $9,000
Total $23,000
Now let determine Which statement about the costs per year is true
Costs per year= $23,000-$18,500
Cost per year=$4,500
Therefore the statement about the costs per year that is true will be: Option A will save her $4,500 because the cost per year for OPTION A is LESS COSTLY than that of option B by $4,500.