the trasportation costs involved in getting a product to a cosumer after the product has been made are 1. transaction costs 2.comparative 3.production costs 4.independent costs

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Answer 1

Answer: The right answer for the question that is being asked and shown above is that: " 4.independent costs." The trasportation costs involved in getting a product to a cosumer after the product has been made are 4.independent costs

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In economics, what is it called when individuals focus on perfecting a limited range of tasks, so as to become experts in those specific areas? A. limitation B. capitalization C. specialization D. underutilization

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Answer:

C. Specialization

hope this helped i just took the test

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000. If Patterson’s ending retained earnings was $350,000, what was the company's revenue for the year?A. $1,615,000B. $1,800,000
C. $1,525,000
D. $700,000

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Answer:

The company's revenue for the year is $1,615,000.

The correct option is A. $1,615,000.

Explanation:

Given:

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000.

If Patterson’s ending retained earnings was $350,000.

Now, to find the company's revenue for the year.

Opening Retained earnings = $325,000.

Common stock = $500,000.

Recorded expenses = $1,500,000.

Paid dividends = $90,000.

Closing Retained earnings = $350,000.

Now, to get the revenue of the company we put formula:

Revenue = (Recorded expenses + paid dividends + closing Retained earnings) - opening Retained earnings

$Revenue=(1500,000+90,000+350,000)-325,000$

$Revenue=1940000-325000$

$Revenue=1615,000.$

Therefore, the company's revenue for the year is $1,615,000.

The correct option is A. $1,615,000.

A monopoly exists when _____ provides a good or service.

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A company controls the market for a good or service

True or false? An investment portfolio is the collection of stocks, bonds, and other securities a person owns.

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The answer: That is true

All else equal, active retention is a good option for firms: a. That have highly liquid assets b. That do not have a lot of debt c. Whose losses are predictable d. all of the above e. none of the above

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Answer:

So non of the above is the right answer.

Explanation:

The act of active retention means designating specific funds to pay for unforeseen losses of an organisation . It also serves to serve debt .

A firm having highly liquid asset , do not need active retention because firm may sell the asset at any time.

So none of the above is the right answer.

The main economic activity in most low-income countries is:

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The main economic activity in most low-income countries is agriculture. Agriculture refers to breeding animals to provide food and farming for different type of food and fiber. Those that live and work in low-income countries do a lot of farming to feed and produce items for their economy.

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