When a corporation has only one class of stock, the stock is called:
Answers
When a corporation has only one class of stock, it is identified as common stock.
Commonplace inventory is a shape of corporate equity possession, a kind of protection. The phrases vote casting proportion and normal proportion also are used frequently outside of the USA. They're called fairness shares or everyday stocks inside the united kingdom and different Commonwealth nation-states.
Common stock is a sort of stock issued to the majority of shareholders in a corporation. Holders of commonplace inventory enjoy sure rights that their opposite numbers in favored inventory holders do not. Instead of receiving everyday payouts, common stockholders derive fees from their shares when the employer grows.
In other phrases, it's a way to divide up the possession of a business enterprise; so one share of common stock represents a percent ownership percentage of an employer. As an example, if a corporation had 100 shares remarkable, one proportion would be equal to at least one percentage possession of the business enterprise.
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Related Questions
Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses (excluding depreciation) of $180,000, and depreciation expense of $60,000. The company's accounts receivable balance increased by $40,000 during the year and its accounts payable balance remained the same. What is the estimated change in cash for the year ?
Answers
Answer:
Estimated change in cash = $220,000
Explanation:
GIven:
Net income = $200,000
Sales = $540,000
Expenses = $180,000
Depreciation expenses = $60,000
Accounts receivable balance increased = $40,000
Find:
Estimated change in cash
Computation:
Estimated change in cash = Net income + Depreciation expense - Accounts receivable balance increased
Estimated change in cash = 200,000 + 60,000 - 40,000
Estimated change in cash = $220,000
At the start of the year, Winston Company’s Allowance for Doubtful Accounts had a credit balance of $14,000. During the year, it had credit sales of $1,500,000. It also wrote-off $60,000 of uncollectible accounts receivable during the year. Past experience indicates that the allowance should be 3% of the balance in receivables. If the accounts receivable balance at December 31 was $300,000, what is the required adjustment to the Allowance for Doubtful Accounts that is needed at year-end?
Answers
The required adjustment to the Allowance for Doubtful Accounts at year-end for Winston Company is $9,000.
To determine the required adjustment to the Allowance for Doubtful Accounts, we need to calculate the desired balance of the allowance based on the accounts receivable balance. The accounts receivable balance at December 31 is $300,000, and the desired allowance is 3% of this balance, which is $9,000. The adjustment is necessary to bring the Allowance for Doubtful Accounts to its appropriate level based on the estimated uncollectible accounts.
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The amount by which actual or expected sales exceeds break-even sales is referred to as.
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The amount by which actual or expected sales exceed break-even sales is referred to as more accurate product costing.
A break-even analysis is what, exactly?Break-even analysis involves figuring out and looking at an entity's margin of safety based on the revenues received and related costs. The study, in other words, demonstrates how many sales are necessary to cover operating expenses.
The break-even analysis establishes the number of sales required to cover all fixed costs for the organization by analyzing various pricing levels in relation to various levels of demand. A demand-side study would provide a seller with important information about their selling capacities.
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A population growth rate of 1% means a population will double in 70 years (70/growth rate). China's growth rate is 0.65%, which means: _______.
i. The population has already begun to decrease from its peak 1.31 billion. ii. China needs to reconsider its one-child policy at the current rate, its population would double in 108 years. iii. Its population of 1.3 billion will reach 2.6 billion by 2080.
Answers
Its population would double in 108 years if things continued as they are.
What was the highest growth rate for China?From 1989 through 2022, China's GDP Annual Growth Rate average 9.09 percent, with record highs of 18.30 percent in the first quarter of 2021 and 6.80 percent in the first quarter of 2020.The real gross domestic product (GDP) growth rate in China in 2021 was almost 8.1%.Will China's growth surpass ours?According to a research released by Bloomberg Economics on Thursday, the second-largest economy in the world would only grow by 2% this year. In contrast, according to Bloomberg Economics, the US gross domestic product will grow by 2.8 percent this year.
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The GTAA is considering a investment in a new concessions concept at Grant Field in Atlanta. Project A is a kiosk concept were hot foods are dispensed without any human intervention except for the customer. Project B is acquisition of a food truck (to prepare the same foods) that would require 2 employees to efficiently operate. The kiosk would have an expected useful life of 3 years (after which it would have to be replaced), while the food truck useful life would be 5 years. Below is a projection of the investment and expected free cash flow from each project. Based on these projections which project would have the highest NPV? Use 9.2% as GTAA's cost of capital Kiost Food truck
FY2021 -$450,000 $-300,000
FY2022 $400,000 $220,000
FY2023 $400,000 $240,000
FY2024 $300,000 $240,000
FY2025 0 $200,000
FY2026 0 $100,000
Continuing with the GTAA kiosk/food truck investment, what is the NPV of the Food Truck project used to answer the question above?
$1.000,900
$492,087 $1,355.054 $1,013,078 $482,125
Answers
Based on the projections and a cost of capital of 9.2%, the Food Truck project has the highest NPV. The NPV of the Food Truck project is $1,355,054.
To calculate the NPV of each project, we need to discount the expected free cash flows using the GTAA's cost of capital of 9.2%. The NPV is the sum of the present values of all the cash flows.
For the Food Truck project, the cash flows are as follows:
FY2021: -$ \(\frac{300,000}{(1 + 0.092)}\) = -$274,725.27
FY2022: $\(\frac{220,000}{(1 + 0.092)^{2} }\) = $191,572.92
FY2023: $\(\frac{240,000}{(1 + 0.092)^{3} }\) = $195,220.15
FY2024: $ \(\frac{240,000}{(1 + 0.092)^{4} }\) = $187,856.75
FY2025: $ \(\frac{200,000}{(1 + 0.092)^{5} }\) = $152,502.34
FY2026: $\(\frac{00,000}{(1 + 0.092)^{6} }\) = $73,176.14
The NPV is the sum of these present values, which is $1,355,054. Therefore, the Food Truck project has a higher NPV compared to the Kiosk project.
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Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answers
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
You receive a check for $50 from your Aunt Louise for your birthday. You go to an ATM to deposit the check into your checking account. How should you endorse the check?
1. Just sign your name on the front of the check
2. Sign your Aunt Louise's name on the back of the check
3. Sign your name and write "For Deposit Only" and your checking account number on the back of the check
4. Since the check is made out to you, you don't need to worry about signing the check
Answers
Answer:
I think it's 3 but i don't know for sure also can you give me brainlist if I'm right please I really need it
To properly endorse the check received from your Aunt Louise for your birthday, you should sign your name on the back of the check and include "For Deposit Only" along with your checking account number.
When you receive a check, it's important to endorse it properly before depositing it into your account. By signing your name on the back of the check and adding "For Deposit Only" along with your checking account number, you're indicating that the check is meant for deposit into your account only.
This helps ensure that the funds are credited to your account securely and prevents unauthorized individuals from cashing the check.This helps ensure the secure and accurate deposit of the funds into your account.
Hence, The correct option is 3. Sign your name and write "For Deposit Only" and your checking account number on the back of the check.
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michael maniates describes consumption simplifiers as falling into three categories: 1) downshifters; 2) strong simplifiers and 3) holistic simplifiers. explain the differences between these three categories.
Answers
The main differences between the three categories of consumption simplifiers described by Michael Maniates are as follows: Downshifters, Strong Simplifiers, Holistic Simplifiers.
Downshifters: Downshifters are individuals who consciously choose to reduce their consumption and prioritize a simpler lifestyle. They intentionally downsize their material possessions, reduce their reliance on consumer goods, and prioritize experiences over material accumulation.
Strong Simplifiers: Strong simplifiers take a more radical approach to simplifying their consumption. They actively reject mainstream consumerism and embrace alternative lifestyles such as minimalism, frugality, or self-sufficiency.
They may live with fewer possessions, practice voluntary simplicity, and prioritize self-reliance and sustainability. Strong simplifiers aim to detach themselves from consumer culture and embrace a simpler, more meaningful way of life.
Holistic Simplifiers: Holistic simplifiers approach simplification from a broader perspective, considering not just individual consumption but also the systemic and structural aspects of consumption.
They recognize that individual actions alone may not be enough to address the complex challenges of consumption. Holistic simplifiers advocate for systemic changes, such as policy reforms, community initiatives, and collective actions that promote sustainable and equitable consumption patterns.
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If you were a salesperson, what would be the most challenging part of the sales process for you? Explain.
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The most challenging part for me would be overcoming objections because there are so many possible objections a customer could have. Also if the customer doesn't know their needs this can be even harder to accomplish.
Discuss how you can incorporate cross-docking facility in Distributor Storage with Customer Pickup the
Answers
Incorporating a cross-docking facility in a distributor storage with customer pickup model can offer several benefits for improving efficiency and reducing costs in the distribution process.
Cross-docking is a logistics strategy where incoming products from suppliers are directly unloaded from inbound trucks and sorted for immediate outbound delivery to customers. In the distributor storage with customer pickup model, this strategy can be implemented by integrating a dedicated cross-docking area within the storage facility.
Here's how cross-docking can be incorporated into the model:
1. Streamlined Inventory Management: By eliminating the need for long-term storage, cross-docking reduces the inventory carrying costs. Distributors can optimize their inventory levels, ensuring faster turnover and reduced holding costs.
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A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder is called: ________
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A debit card is a bank card that automatically deducts the cost of a purchase from the cardholder's checking account.
The correct answer is: Debit Card.
When a debit card is used, the money is taken right away from the user's checking account. These cards, which are also known as "check cards" or "bank cards," can be used to pay for products and services, withdraw cash from an ATM, or top up your purchase at a store that allows it. It might not be possible to use a debit card to make a particularly large transaction because debit cards typically have daily spending limits. Most debit card transactions can be completed with or without a personal identification number (PIN).
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help need this in 30 mins! 1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)
5. Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would use these methods for job seeking. (1-2 sentences. 3.0 points)
6. Write your answers to at least three of the lesson 2 questions on what you want from your life page. (1-3 sentences. 3.0 points)
7. Describe a career you would like to have, and explain how you could get started and then advance in that career. (1=3 sentences. 3.0 points)
8. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application. (2-5 sentences. 3.0 points) CAUTION: To protect your privacy, make sure you don't list the names of specific places where you've worked or gone to school.
Answers
1. The best example of a task that makes a lot of sense in a company to outsource its customer support which is more common than phone support. Even the costs may be high, there are many parts which employing, providing office space, and training, and paying taxes on support reps are not very high. It makes sense because it is the best way to outsource a company and to make a better approach to the client.
2. Human resources staff are tasked with keeping up-to-date personnel policies for the companies they work for. These policies govern how a business is run, from hiring and termination to policies for sexual harassment and forms of workplace discrimination. Personnel policies are given to new employees to review, and they are often asked to sign a statement saying that they read and understand the policies. Policies and procedures vary from company to company, but certain elements are common.
3.
Heading information: Where they live, where they came from, who to contact when something bad happens.Work Environment: Know what's around you, be able to know it's safe for workers.3 or 4 skills they need to have: Being able to do the work they are task with.4. I would use employee referral programs and hire for attitude and then do training for skills. Employees working in your organization can be a valuable source of knowledge need when recruiting. They have friends and acquaintances that are in the same field. Come up with a policy that will enable staff to refer suitable candidates for job positions in the company. A smart recruiter should search for attitude when recruiting employees because skills can be gained. The best candidate should show a positive attitude towards a position with the required skills which is in most cases difficult to find. The technique to employ here as a recruiter is to find a person with a positive attitude towards a job posting.
5. The 2 methods which I will use to identify job opportunities if I was looking for a job would be, internships and company websites. Internships: As I am without a job, obtaining a short space among a renowned organization is an excellent method to acquire a footing in the entrance, or produce me including valuable business connections to convene upon in the eternity. Company Websites: If I want a job and want to get to know the company better, why not check out the job part of the company’s website. If I will see opportunities on the company’s website, there is a possibility I will obtain exactly the opportunity that I have been expecting for.
6. Write your answers to at least three of the Lesson 2 questions on the What You Want from Your Life page.
So here are the questions the question is talking about:
What activities do you most enjoy?What activities do you least enjoy?What things have you never done before but want to try?What things would your job need to include in order to make you feel satisfied?What things are you especially good at?What are your weaknesses?What values are most important to you?What issues or causes do you care most about?Which people in your life are most important to you?I answered these 3:
What are your weaknesses? My weaknesses include trouble focusing, impulsiveness, lack of motivation at times, and wanting to be recognized for my efforts. Which people in your life are most important to you? My mom, my grandpa, and my best friend. I would do anything for them, and they know that. I tend to care about their wellbeing more than my own because they give me the motivation to pursue any opportunity that comes my way. What things are you especially good at? I am good at motivating and helping others. I understand my faults and always try to improve in any shape, way, or form. I am also very personable.7. I am not sure what career I want to go in so I will just say an example. If I wanted to work in the veterinary field or be an animal doctor, some steps to take to lead toward this career would be to volunteer at the SPCA or animal shelters so I can get hands-on experience and a first-hand experience on what your career would be. With the prior knowledge of the animals on your resume, it would look good and they would hire me for my prior experience.
8. The section that was the easiest was the general information page. Including your name, age, etc. The hardest section for me was the goals section because I don’t really have any concrete goals at this point in my life right now and I am stuck choosing between multiple career options. One example of an experience I had in the past was when I would volunteer at my church (when I was religious). Now I tend to act as my mother’s secretary for her job, letting her know information from a voicemail, driving her, or taking notes for her meetings.
I put a lot of time and effort into this so, I hoped this helped! :)
Name and describe four trade barriers.
Answers
Answer:
subsidies, standardization, tariffs, quotas, and licenses.
Explanation:
The main types of trade barriers used by countries seeking a protectionist policy or as a form of retaliatory trade barriers are subsidies, standardization, tariffs, quotas, and licenses.
How do job seekers use the bureau of labor statistics occupational outlook handbook
Answers
Answer:
They explore general information about many types of jobs.
Explanation:
Job seekers use the Bureau of labor statistics occupational outlook handbook in order to gain information about the various jobs available.
What is the Bureau of labor statistics?A federal organization within the United States Department of Labour that collects, analyses, and publishes labor market data in the United States is recognized as The Bureau of Labour Statistics (BLS) which plays a crucial role in industry governance.
The Bureau of Labour Statistics is responsible to published the Occupational Outlook Handbook (OOH) published which is a great resource for job seekers seeking information on various jobs and industries.
This section contains thorough information on the education and training needs for various vocations, as well as any extra qualifications required for success in the sector.
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How do you think the Finance & Accounts department affects the other areas?
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Financing also plays a role in the growth of a company. Without having advance orders and payment, growth would not be a possibility without financing. In most cases, company growth is preceded by an investment in more employees, more inventory, another location, etc.
if a 15% increase in price for a good results in a 20% decrease in quantity demanded, the price elasticity of demand is
Answers
When a 15% increase in price results in a 20% decrease in quantity demanded of a good, it is concluded that the price elasticity of demand is negative or more than -1.
There is a negative price elasticity of demand, meaning that the 15% increase in price brings out a higher (20% decrease) negative change in the quantity demanded by consumers.Data and Calculations:
Percentage change in quantity demand = 20%
Percentage change in price = 15%
Price elasticity of demand = % Change in Quantity Demand/% Change in Price
= -20%/15%
= -1.33
The change is negative as a normal demand curve should be.
Thus, the price elasticity of demand for this good is negative.
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A two digit number is such that, the sum of its digit is 13. When the digits are interchanged, the original number is increased by 9. Find the original number.
Answers
Answer is 67.
As, 6+ 7
= 13
Also, when 67 is interchanged(76), the original no. is increased by 9.
You have the following selected information for your company:
From the year ending December 31, 2021 Income Statement:
Revenue: $16,400
Cost of Goods Sold: $2,800
Depreciation Expense: $900
Wages Expense: $1,775
ONet Income: (see your net income below:)
2 From the Balance Sheets, the following are changes between December 31, 2020 and
3 December 31, 2021.
4
(no change for any items not listed) Accounts Receivable: from a balance of $2,300 to a balance of $3,100
5
Inventory: from a balance of $4,000 to a balance of $4,600
7
Accounts Payable: from a balance of $1,700 to a balance of $1,300
9 Also from the December 31, 2020 Balance Sheet, Cash was $3,000 0 For 2021, there was $1,200 in capital expenditures and $500 paid in cash dividends:
1 but no other financing or investing activities.
3 Net Incomes were as follows (use only the net income given to you): $6,600
Answers
In the year ending on December 31, 2021, the company recorded revenue of 16,400. Cost of Goods Sold amounted to 2,800, and depreciation expense was 900. Wages expense was 1,775, which left the company with a net income of 6,600.In comparison to the previous year, accounts receivable increased from 2,300 to 3,100, while inventory increased from 4,000 to 4,600.
Accounts payable decreased from 1,700 to 1,300. From the December 31, 2020 Balance Sheet, Cash was 3,000. No other financing or investing activities happened in 2021, but there was 1,200 in capital expenditures and 500 paid in cash dividends.The company's cash balance at the end of 2021 can be computed as follows:
Cash balance at the end of 2020 = 3,000
Cash flows from operations = Net income + Depreciation expense
Cash flows from operations = 6,600 + 900
Cash flows from operations = 7,500
Increase in accounts receivable = 3,100 - 2,300 = 800
Increase in inventory = 4,600 - 4,000 = 600
Increase in accounts payable = 1,300 - 1,700 = (400)
Net change in working capital = 800 + 600 - 400 = 1,000
Cash flows from investing activities = Capital expenditures = (1,200)
Cash flows from financing activities = Dividends paid = (500)
Cash balance at the end of 2021 = Cash balance at the end of 2020 + Cash flows from operations + Cash flows from investing activities + Cash flows from financing activities = 3,000 + 7,500 - 1,200 - 500
Cash balance at the end of 2021 = 9,800
The company's cash balance at the end of 2021 was 9,800.
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Multiple Choice
Which of the following illustrates why corn was such a precious commodity to Native Americans?
The kernels were easy to transport.
It was easy to plant and grew quickly.
o One kernel could produce one to two ears.
It could be grown in any type of soil.
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the information below relates to a job lot of 50 units sold. the company applies overhead at a rate of 60% of direct labor cost. compute the cost per unit.
Answers
To compute the cost per unit, we need to first calculate the total direct labor cost and then add the overhead cost. The cost per unit is 20%.
To find the cost per unit, we should be first calculate the total direct labor cost and then add the overhead cost.
Direct labor cost = (50 units * direct labor rate) / 100
= 500 / 100
= 5
Overhead cost = (50 units * overhead rate) / 100
= 500 / 100
= 5
Total cost = direct labor cost + overhead cost
= 5 + 5
= 10
To find the cost per unit, we divide the total cost by the number of units:
Cost per unit = Total cost / Number of units
= 10 / 50
= 0.2 or 20%
Therefore, the cost per unit is 20%.
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How can I make money on the internet, List some that are easy for multiple people
Answers
Answer:
You can use some beermoney websites such as Swagbucks and RewardXP. You do surveys and tasks to earn money. I personally use RewardXP. You can cash out in PayPal, gift cards, and even prepaid gift cards that can be used as debit/credit cards. I have personally made $60 from RewardXP.
what is the most expensive type of sales promotion?
Answers
The most expensive type of sales promotion is "Sweepstakes" A sweepstakes or giveaway is all about chance: after everyone has entered, a winner is chosen randomly.
What is a Sales Promotion?Sales promotion is a type of marketing activity aimed at boosting sales of a product or service. These campaigns are frequently for a limited time only and are intended to stimulate immediate buying.
Sales promotions frequently use the following tactics: Coupons, in-store discounts, and rebates, among others, fall under the category of sales promotions. Sweepstakes, contests, and rebates are examples of consumer-oriented promotional tools.
Types of Sales PromotionsThere are several types of sales promotions, each with its own set of advantages and disadvantages. Let's take a look at each one:
1. Samples: Samples are a tried-and-true promotional tool that works well in many different industries. By giving a free sample to someone who is interested in the product, companies can raise awareness and encourage purchases.
2. Coupons: Coupons are also an effective way to encourage people to try a new product. By offering a discount on a product's purchase price, companies may entice customers to buy something they otherwise wouldn't have bought. 3. 3. Discounts: This type of promotion reduces the price of a product, frequently by a set percentage. This encourages customers to buy now rather than wait until later.
4. Contests: Contests, which include sweepstakes and other types of contests, encourage customers to engage with a product or company. People are often more inclined to make a purchase when they have a chance to win something. 5. Rebates: Rebates allow consumers to receive cash back after purchasing a product. This type of promotion can encourage people to try a product they might not otherwise buy.
Hence, The most expensive type of sales promotion is "Sweepstakes"
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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as a service technician, in many cases you will be a customer's first or only face-to-face interaction with a lenovo employee. what is the best way to get things started on the right foot?
Answers
The best way to get things started on the right foot as a service technician and create a positive impression with the customer is by following these key steps:Introduce yourself and greet the customer warmly:
Begin by introducing yourself with a friendly and professional tone. Use the customer's name if possible and make them feel welcomed.Actively listen and empathize: Give the customer your full attention and actively listen to their concerns or issues. Show empathy and understanding towards their situation, demonstrating that you genuinely care about resolving their problem. Communicate clearly and effectively: Use clear and jargon-free language to explain the process of resolving their issue. Avoid technical terms that the customer may not understand. Provide step-by-step instructions or explanations, ensuring the customer is well-informed throughout the interaction.Be respectful and patient: Treat the customer with respect and patience, regardless of the complexity of the issue or the customer's level of understanding. Remain calm and composed, even if the customer becomes frustrated or upset.Set realistic expectations: Be transparent about the timeline and possible outcomes of the service. Manage the customer's expectations by providing realistic estimates for resolution or any necessary follow-up steps.Offer assistance and provide solutions: Take proactive steps to assist the customer and offer appropriate solutions to their problem. If necessary, explain the available options and guide them towards the most suitable course of action.Follow up and ensure satisfaction: After resolving the issue, follow up with the customer to ensure their satisfaction. Address any additional questions or concerns they may have and confirm that their problem has been fully resolved.
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1. Should a cover letter be a lengthy document?
2. What should be the “tone” of an informal thank you letter?
Answers
1. It actually depends; but usually it's like a three paragraph essay
2. The tone of an informal thank you letter is something like saying 'thank you so much' and a compliment sentence, like 'You are the best!'
Hope this helps! Have a great day!
During 2019, Revitup, Inc., an exercise video retailer, sold $24,000 of videos to its customers. Revitup collected $22,000 and expects to receive the remaining $2,000 in January 2020. Revitup's income statement for the year ended December 31, 2019 will report revenue of $
Answers
Answer:
$24,000
Explanation:
Since in the question it is provided that there is a sale value of the videos to its customers i.e. $24,000 also the collection is of $22,000 and the remaining balance i.e. $2,000 is expected to collect in Jan 2020
Based on the above information, the revenue should be reported on the income statement at the $24,000 as this amount represent the sale value of the videos to its customers and hence, the same is to be considered
Hence, 24,000 would be reported as a revenue in the income statement
Assume that tastes change so that tennis is no longer as desirable to play as it is now. What would happen to the market for tennis balls?.
Answers
What will happen in the tennis ball market is demand follows, the equilibrium quantity is smaller, and the price is lower.
Market equilibrium is a condition in which the quantity demanded is equal to the quantity supplied at a certain price level. The definition of market equilibrium also means that the price of goods supplied is the same as the price demanded by buyers.
In business, you will certainly make a bargain to reach a certain price. It is this process that produces market equilibrium, where goods are sold and purchased at an agreed price.
The market equilibrium point is when the price tends to remain or is called the equilibrium price. This condition can occur based on the difference between supply and demand.
Demand that is higher than supply will cause prices to rise. Vice versa, a higher supply will make the price go down.
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Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. Do you agree or not? Explain your reasoning.
Answers
Answer: i do agree
Explanation: they are a factor because they help the economy in the same ways as the other factors of production
Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. The given statement is true. Because of the economy in the same ways as the other factors of production.
What is the economy?An economy is a collection of interconnected production and consumption processes that ultimately decide how resources are distributed within a community. The demands of persons who live there and conduct business there are met by the production and consumption of goods and services as a whole.
The traditional economy, which uses a country's traditions and history to direct the production and distribution of goods, is a well-known illustration of an economy. The main pillars of traditional economies are agriculture, fishing, and hunting.
Entrepreneurs should be considered a fourth factor of production labor, capital, natural resources, and entrepreneur.
Therefore, By the given statement(Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production) was true.
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Answer: i cant see
Explanation:
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