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olga55 [171]
2 years ago
5

______ is a place where buyer and seller meet for the purpose of exchanging, buying and selling of goods services using money as

the medium of exchange​
Business
1 answer:
ollegr [7]2 years ago
3 0

Answer:

market

Explanation:

its the correct answer

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Mr. Greengene grows corn on the land he rents from Lauren, initially at a price of $500 per hectare. Suppose Mr. Greengene devel
Ber [7]

Answer:

a) the cost of production of Greengene's falls by $300 or more

b) there is no change in the cost of production

Explanation:

a)   The leftover principle states that land rent equals the excess of total revenue over nonland costs. Mr. Greengene initial rent is already fixed at $500. The new method of growing cost of corn is now $300 per hectare. Lauren will continue to apply the leftover principle when collecting rent as long as the cost of production of Greengene's falls by $300 or more.

b) If Lauren decides to increase the rent to $800 when there is no change in the cost of production, she stands to lose Mr. Greengene as he will simply look for another land to rent from someone else. Therefore, Greengene's rent will be unchanged if there is no change in the cost of production.

4 0
3 years ago
Lopez Corporation incurred the following costs while manufacturing its product.
aev [14]

Answer:

a. $352,200

b. $372,100

Explanation:

The cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200

                                                =$352,200

Cost of goods sold

<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>

Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900

                                = $372,100

6 0
3 years ago
You own 500 shares of ABC stock. The stock has been declining in price and is now selling for $30 a share. You decide to sell al
Leya [2.2K]

Answer:

The order has not yet been executed which means you still own 500 share

Explanation:

The status of your order is that the order has not yet been executed which means you still own 500 share because despite that you own the 500 shares of ABC stock in which the stock has been declining in price but now sells for $30 per share in which you wanted to sell all the shares thereby placing a limit sell order at a price of $30 per share but the shares continue to decline from $30 per share to $29 per share to $18 per share, their wont be any cause for alarm because the order has not yet been executed which means that the 500 shares is still in your custody.

6 0
3 years ago
g Last year, Adventure Enterprises reported revenues of $24 million while its total expenses were $10 million. Based on this inf
marysya [2.9K]

Answer:

The answer is ' a profit of $14 million

Explanation:

Revenue = $24 million

Total expenses = $10 million

Profit(loss) = Revenue minus total expenses

$24 million - $10 million

Profit = $14 million.

It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue

6 0
3 years ago
Which of the following describes a positive organizational culture? ANSWER Unselected Expresses the core values that a majority
aliina [53]

Answer:

Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth.

Explanation:

The organization's culture means the behavior in an organization. It includes the benefits that are shared among people, the values that are created by the leaders and the same is being communciated via different methods

So as per the given situation, the positive organization structure represent the strength of the employees, rewards, growth of an individual

Therefore the above represent the answer

5 0
3 years ago
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