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.
Hope this helped!
~Just a girl in love with Shawn Mendes
The most frequently reported relational maintenance strategy is OPENNESS IN COMMUNICATION.
Relational maintenance strategies refers to the methods used by individuals to keep their relationships with other people alive. There are different types of relational maintenance strategy, these include: assurance, positivity, openness, sharing tasks and activities and social network.
Answer:
$258077.04
Explanation:
The cost of the house is $350,000
Apply compound interest formula
A=P(1+r/n)^nt
where
A=amount of loan after the period has elapse=?
P=principal deposit amount=$50,000
r=rate of interest in decimal form=0.07%
t=time taken for the loan to mature
n=1
A=$50,000(1+0.07)^9
A=$50,000*(1.07)^9
A=$91922.96
Remaining balance =$350000-$91922.96=$258077.04
C. It could only be withdrawn at a certain time.
Answer:
A
Explanation:
Matching principle of accounting says that revenue must be recorded as soon as it is generated, not on the basis of its collection. Since income receivable is recorded as an income, therefore it must be recorded as long as it is earned not as it is collected.
Same is the case of expense as long as it is occurred, it should be recorded, not by payment is recorded.
