Answer:
D. Return to the original output and price level.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.
Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.
An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.
Generally, an economy will return to its original level of output (production) and price level when the short-run aggregate supply curve falls (decreases) and no changes in monetary and fiscal policies are implemented. Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as aggregate demand (AD), aggregate supply (AS), inflation, and employment within a country.
What is customer interface in enterprise platform?
Customer interface is defined as "the services, systems, or procedures that a business utilizes to interface with customers of the a business system." on an enterprise platform.
The definition of an enterprise platformA collection of tools and technologies known as a "Enterprise Platform" is used as the foundation for the creation of further technologies, processes, and applications.
What distinguishing trait do business platforms have?Enterprise search platforms are no different from other enterprise software tools in that scalability is unquestionably one of the most crucial qualities. With scalability, the platform can easily handle growing user populations and data quantities without running the danger of a system crash or losing efficiency.
To know more about enterprise platform visit:
https://brainly.com/question/28249567
#SPJ4
What are the three function of taxation?
In America, you are compelled by law to pay taxes for the following three reasons:
Help pay the government's bills. Providing financial aid to the poor Helps to lessen negative externalities.What do taxes mean in detail?Taxes are required levies that the government imposes on people or organizations in virtually every country on earth. Taxes are generally used to raise money for government spending, though they can also be used for other purposes.
What do taxes serve to achieve?Public spending is the main reason that taxes are collected. Taxes have been defended in a number of ways throughout history, with various justifications. The governing class, the military, and the fortifications were initially supported by taxes. On divine or supranational rights, the right to tax was sometimes based.
Learn more about taxation: https://brainly.com/question/1980107
#SPJ4
If a firm’s production creates detrimental externalities, then in a competitive market?
If a firm's production creates detrimental externalities, then in a competitive market, the firm will produce at an inefficiently high level.
A firm's production creates detrimental externalities, the firm will produce at an inefficiently high level in a competitive market. Externalities refer to the unintended consequences of economic activities affecting third parties. These consequences are negative and can include things like pollution, congestion, or other negative impacts on society or the environment.
In a competitive market, firms operate with the goal of maximizing profits and produce up to the point where the marginal cost of production is equal to the marginal revenue. However, this does not take into account the negative externalities that are created. As a result, the firm will continue to produce even though the costs to society are greater than the benefits. This leads to an inefficient allocation of resources and an overproduction of items that create detrimental externalities.
Read more about the competitive market on:
https://brainly.com/question/15176320
#SPJ4
How do you sort recyclables?
Generally, waste is sorted according to material, recyclability, or any particular process required.
Tell me about recycling.Recycling is the practice of gathering and processing materials (that would otherwise be thrown out as trash) and remanufacturing them into new products in the United States.
Why recycling is crucial is straightforward.Recycling lessens the need for obtaining raw materials through mine, quarrying, and logging, as well as their further refinement and processing, all of which result in significant air and water pollution. Recycling helps combat climate change because it cuts greenhouse gas emissions and saves electricity.
To know more about Recycling visit:
https://brainly.com/question/11861824
#SPJ4
Which of the following is a classic example of an IaaS service model Mcq?
Amazon web services has several data centers in which servers run on top of a virtualization platform (Xen).
The virtualization programme, Citrix Xen, is used by both Amazon and Rackspace to build their cloud environments. The type 1 hypervisor Xen creates logical pools of system resources to enable the sharing of the same physical resources by several virtual machines. Xen is the name of a hypervisor that is directly installed on the system hardware. This platform is used by virtualization managers to instal, host, and manage VMs. In addition, it is used to grant VMs access to hardware resources including CPU, memory, networking, and storage. As a result, the type 1 hypervisor Xen enables the simultaneous use of many operating systems on the same computer hardware.
Which of the following is a classic example of an IaaS service model Mcq?
a) amazon web services
b) opera
c) citri xen
d)rackspace
Learn more about virtualization here:
https://brainly.com/question/28448109
#SPJ4
Is stock broker a full time job?
Yes, being a stock broker is typically a full-time job. Stock brokers are responsible for helping clients buy and sell securities, such as stocks, bonds, and mutual funds.
They may work for a financial firm or as independent contractors, and often have to meet sales goals or quotas. This can require a significant time commitment, as stock brokers may need to work long and irregular hours, particularly when the market is volatile or there are important financial events taking place.
In addition to working with clients and executing trades, stock brokers may also be responsible for keeping up with financial news and market trends, preparing reports and presentations, and maintaining their professional licenses, all of which can be time-consuming.
Learn more about the stock broker at
https://brainly.com/question/19426950?referrer=searchResults
#SPJ4
What is enterprise performance dashboard?
A enterprise dashboard is commonly an element of a product arrangement that, for the reasons for an emergency clinic, totals information from various divisions or similar division from various emergency clinics and presents the information on a solitary screen.
EPM Dashboard is a control board of EPM (Enterprise Performance Management) programming to show basic data about the business execution of a venture halfway. It is a business knowledge instrument that permits chiefs to screen key execution markers to acquire a superior image of how the business is performing against its objectives and goals.
EPM dashboard assembles execution information internationally across an association to make a report that gives a solid evaluation of the association's wellbeing and helps drive activities to expand corporate execution. KPIs are generally remembered for such a report to measure targets, evaluate current situation with the business, and estimate future execution.
By and large, EPM dashboard should incorporate essentially the accompanying bits of execution related information:
An outline of strategic goals and their ongoing statusAn exhibition investigation synopsis about undertakings, processes, projects, exercisesKPIs and scorecardsFinancial reportsIssues and dangers basic to corporate executionKnow more about enterprise performance dashboard - https://brainly.com/question/29442058
#SPJ4
What are the main values of IaaS cloud deployment model MCQ?
Exchange CAPEX to OPEX are the main values of IaaS cloud deployment model
The full name of IaaS is Infrastructure as a Service.One of IaaS's biggest benefits is its quick scaling up and down capabilities in response to an enterprise's needs.IaaS providers often have the most advanced, powerful servers, networking, and storage hardware to satisfy the needs of their customers.IaaS is a practical cloud service model for workloads that are cyclical, experimental, or prone to unanticipated change.IaaS cloud deployment approaches thus have a focus on reducing CAPEX to OPEX. An example of a cloud computing service is infrastructure as a service, which offers essential networking, processing, and storage capabilities as needed and on a pay-as-you-go basis. software as a service is also (SaaS)
What are the main values of IaaS cloud deployment model MCQ?
1)Shifting risk to infrastructure as a service
2)Exchange CAPEX to OPEX
3)Buy more hardware than required
4)Expect more initial investment
Learn more about CAPEX here:
https://brainly.com/question/29389123
#SPJ4
on july 8, jones inc. issued an $80,000, 6%, 120-day note payable to miller company. assume that the fiscal year of jones ends july 31. using a 360-day year, what is the amount of interest expense recognized by jones in the current fiscal year? a.$4,200 b.$700 c.$1,400 d.$307
The term "interest" can be used to describe the cost of borrowing money from a creditor. It can be calculated by multiplying the principal amount, interest rate, and amount of time remaining on the loan.
D) $307 Principal 80,000 Interest Rate 6% Annual Interest 4,800 Time (July 8–31) 23/360 Interest Cost 306.67
What Kinds of Interests Are There?Simple (regular) interest, accrued interest, and compounding interest are the three types of interest.
Which four kinds of interest are there?Fixed interest, variable interest, annual percentage rate, prime interest rate, discounted interest rate, simple interest, and compound interest are the most common types of interest.
To learn more about interest here
https://brainly.com/question/17479173
#SPJ1
What key value does Accenture's my consent to bring to clients looking for automated solutions?
The main benefit that Accenture's MyConcerto offers clients is a platform solution that is ready-made to provide successful business outcomes.
This is key value does Accenture's my consent to bring to clients looking for automated solutions is comparable to an integrated SAP technology platform that increases business value through analysis and tracking of the value for the micro and macro environment, helping to improve ROI and lower risk.Automation technologies thereby aid organizational processes by enhancing their depth, dynamism, and speed while adding value and adaptability.
Learn more about Accenture by using this link:
https://brainly.com/question/27585466
#SPJ4
What means corporate tax?
A corporate tax is a tax on a corporation's profits. Taxes are paid on a company's taxable income, which is revenue less general and administrative (G&A), selling and marketing, R&D, depreciation, and other operating expenditures.
What is meant by corporate taxation?Corporate taxes are levied on a corporation's profits. Taxes are assessed against a company's taxable income, which is determined by subtracting revenue from selling and marketing, general and administrative (G&A), research and development, and other operating expenses.The most recent fiscal year saw a net profit of $50,000 for XYZ Corporation. The corporation may deduct a maximum of $5000 per year.The proper corporate tax rate is 21%. Corporate profit is the money that remains after all costs have been paid by a company.The total sum of money a company receives from sales of goods or services during a reporting period is referred to as top-line revenue.To learn more about corporate tax, refer to:
brainly.com/question/24782858
#SPJ4
you have identified three catalogs you believe your product would fit in nicely, now the key person you will be trying to find - by phone, mail, or online is called
The key person you will be trying to find is the catalog buyer or purchasing manager.
This person is responsible for selecting and purchasing the items that will be included in the catalog. To locate this person, you could use the internet to search for their contact information. You could also try contacting the company directly by phone or email and asking for the name and contact information of the catalog buyer.
Additionally, you could reach out to industry contacts, such as other vendors or suppliers, and ask for the contact information of the catalog buyer. Once you have the contact information of the catalog buyer, you can reach out and introduce your product and discuss the possibility of adding it to the catalog.
For more questions like Catalog click the link below:
https://brainly.com/question/21437631?
#SPJ4
A classified balance sheet ______.Shows only current assets and current liabilitiesShows changes in assets, liabilities, revenues and expensesContains confidential informationShows subtotals for current assets and current liabilities
A balance sheet with classification. provides current assets and liabilities subtotals.
The totals of the assets, liabilities, and equity on a classified balance sheet are identical to those on an unclassified balance sheet, but they are given in greater detail and broken down into distinct categories as opposed to being stated in the traditional balance sheet format.
It depends on the type of business you run as to which categories are used; there is no one correct technique to construct a classified balance sheet. While there are various formatting differences between classified and unclassified balance sheets, classified balance sheets are meant to display specifics.
An unclassified balance sheet and a classified balance sheet both contain asset, debt, and equity balances.
learn more about balance sheet here:
https://brainly.com/question/19552006
#SPJ4
What was a major reason for creating the Tennessee Valley Authority ?
The major reason for creating the Tennessee Valley Authority is for the agency to oversee the construction of dams to control flooding and ensure cheap electric power in the Tennessee Valley basin.
What is the Tennessee Valley Authority?This was a government agency established in 1933 to control floods, improve navigation, improve living standards of farmers and produce electrical power along the Tennessee River and its tributaries.
In 1933, the Congress passed a bill establishing the Tennessee Valley Authority, thus, its consolidated all the activities of the various government agencies in the area and placing them under the control of a single one.
Read more about Tennessee Valley Authority
brainly.com/question/2894133
#SPJ1
What strategies can you implement to ensure effective stakeholder consultation and participation?
The process of monitoring stakeholder interactions and modifying tactics and plans for involving stakeholders as necessary.
The practise of monitoring stakeholder connections within a project and adapting engagement techniques and plans to engage stakeholders is known as "monitoring stakeholder engagement." The fundamental advantage of the Monitor Stakeholder Engagement method is that it improves or maintains stakeholder engagement activities' efficacy and efficiency as the project develops and the environment in which it operates changes. This process will continue till the project is completed.
To learn more about Monitor Stakeholder Engagement at
https://brainly.com/question/29308317
#SPJ4
All beliefs are considered informed and objectively true.
a. True
b. False
The following statement "All beliefs are considered informed and objectively true" is False.
An attitude that something is the case or a proposition is true is called a belief. Philosophers use the term "belief" in epistemology to describe views of the world that can be right or wrong. To consider something to be true means to believe that it is true.
For example, accepting the truth of the statement "snow is white" is tantamount to believing that snow is white. But positively reflecting one's beliefs is not necessary to maintain them. For example, most people assume that the sun will rise tomorrow without thinking about it. Also, beliefs don't have to be trivial.
To know more about Beliefs here-
https://brainly.com/question/13877107
#SPJ4
A student used material that was copyrighted but without penalty. Although age is not a guarantee, at what age is most material in the public domain? it must be years old.
A student used material that was copyrighted but without penalty. Although age is not a guarantee, at what age is most material in the public domain must be 50 years old.
Is the word "copyrighted" accurate?
Always use copyrighted content. Both as a verb and an adjective, it is this word's usual form. Copyright, the term that goes along with it, is essentially the ability to copy something. Consider the "w" in copywritten to be the letter "w" for incorrect.My work is copyrighted, is that correct?
A copyright notice is a voluntarily added statement to your work stating that it is owned by you and protected by copyright law. Giving notice to possible infringers is the purpose of a copyright notice. serve as proof of intentional infringement.
The full question was
Allison would like to find all records that are in stock. In her database, she has a field named "in stock." When the item is in stock, a "yes" appears. What should Allison do?
Conduct a query and set the criteria as =yes.
Conduct a query and set the criteria to >2.
Locate each record and check each one.
Sort the records in ascending order by item number.
Learn more about copyrighted here:
https://brainly.com/question/16774161
#SPJ4
allowance for doubtful accounts has a debit balance of $298 at the end of the year (before adjustment), and bad debt expense is estimated at 2% of credit sales. if credit sales are $886,700, the amount of the adjusting entry for uncollectible accounts is a.cannot determine without more information b.$17,734 c.$17,436 d.$18,032
The amount of the adjusting entry for uncollectible accounts is $17,436, which is the correct answer. (Option C)
How do you determine the amount of the adjusting entry for uncollectible accounts?The amount of the adjusting entry for uncollectible accounts can be calculated as follows:
Bad debt expense = Credit sales * Bad debt percentage
= $886,700 * 2%
= $17,734
Allowance for doubtful accounts = Bad debt expense - Allowance for doubtful accounts (before adjustment)
= $17,734 - $298
= $17,436
Therefore, the amount of the adjusting entry for uncollectible accounts is $17,436, which is the correct answer.
To know more about doubtful accounts, visit the link:
brainly.com/question/28944789
#SPJ4
How do you identify a threat?
Using AlertMedia, you can safeguard your people and company against threat wherever you are in the world. Real-time incident identification Quicker action can save lives. Nothing to Learn. Instantaneous insights.
We identify risks because?The method of identifying threats looks at IT flaws and assesses how likely it is that they may damage your system. It's a crucial component of the risk management strategy for your company. Your firm can take preventative measures by identifying threats.
How are dangers recognized and rated?An analysis of potential threats to operations and/or particular assets is known as a threat assessment. For threat assessments, historical data is a key source, including information on previous crimes and terrorist attacks. A thorough threat assessment takes into account current, potential, and inherent dangers.
To know more about threat visit:
https://brainly.com/question/15168307
#SPJ4
What should not be doing during a backlog refinement meeting?
What to keep away from with backlog refinement- Ask more experienced crew contributors to detail backlog objects or grant estimates. Involve pick team members. Document your decisions.
What happens in backlog refinement session?In the Backlog Refinement Meeting, the team estimates the amount of effort they would use up to whole objects in the Product Backlog and gives different technical data to assist the Product Owner prioritize them. (The team need to collaborate collectively to produce one jointly-owned estimate for an item.)
Ongoing Product Backlog Refinement (PBR) is wished inside each Sprint to refine gadgets to be prepared for future Sprints. Key things to do of PBR are (1) splitting huge items, (2) clarifying items till equipped for implementation barring in addition “what” questions, and (3) estimating size, “value”, risks, and so forth.
Learn more about backlog refinement here:
https://brainly.com/question/14789393#SPJ4why should marketers be careful when using symbols and language in their advertisements to which teens can relate?
Teenagers process information more quickly than older customers. The symbols and terminology used rapidly become obsolete. The study of how people make purchasing decisions is known as consumer behavior.
The study of people, groups, or organizations, as well as all behaviors involved with the purchase, use, and disposal of products and services, is known as consumer behavior. It seeks to comprehend how customers select, utilize, and discard items and services, as well as the numerous stages people go through prior to making a purchase. Cultural, psychological, social, and personal aspects all have a role in purchasing decisions. Consumer behavior research looks at demographics as well as how groups such as friends and family, as well as the media, impact people's decisions. Marketers can examine customer behavior by examining demographics. Knowing information such as age, income, and education level can aid in behavior prediction. A 2022 buyer preference study, for example, discovered that millennials respond most to word-of-mouth recommendations.
To know more about consumer behavior:
https://brainly.com/question/15097028
#SPJ4
on september 1, 2024, middleton corporation lends cash and accepts a $19,000 note receivable that offers 15% interest and is due in six months. how much interest revenue will middleton corporation report during 2025?
475 much interest revenue will Middleton corporation report during 2025. The finding on the interest revenue.
What is interest revenue?The word interest proportion of income spent to the earnings that a business gets from every investment it makes or debt that it holds. Interest income is often taxable and is reported on the income statement because it is an income account.
According to the interest revenue of the Middleton corporation
on September 1, 2024,
accepts a $19,000
offers 15% interest
interest revenue = $19,000 x 15% x 2/12
Interest revenue = 475
As a result, the 475 much interest revenue.
Learn more about on interest revenue, here:
https://brainly.com/question/14315121
#SPJ1
Intra‑industry trade is primarily concerned with: _________
a. trade of goods within the same industries in the same country
b. international trade of goods within the same industry
c. trade between poor and rich countries
d. the total value of trade between two given industries
Intra‑industry trade is primarily concerned with b. International trade of goods within the same industry
Intra-industry trade refers to the exchange of similar or closely related products between two countries. It occurs when a country imports and exports products within the same industry or sector. For example, a country might import computers from one country and export computer components to another. Intra-industry trade differs from inter-industry trade, which involves the exchange of products between different industries or sectors.
Intra-industry trade can have benefits for participating countries. It can increase efficiency and specialization, as countries can focus on producing the goods or services in which they have a comparative advantage. It can also lead to increased competition and innovation, as countries seek to improve their products to remain competitive in the global market.
Read more about Intra‑industry trade on:
https://brainly.com/question/28284185
#SPJ4
What is corporate and its types?
Either a for-profit or a not-for-profit corporation can be created. The majority of businesses are for-profit organizations, and they are created to make money and give shareholders a return based on their ownership stake in the company.
What purpose does corporate serve?A company is a legitimate entity that exists independently of its owners. Many of the same legal rights and obligations that apply to individuals also apply to businesses. They are able to contract, lend and borrow money, bring legal action, hire employees, own property, and pay taxes.There are three types of corporations: S corporations, C corporations, and nonprofits. Conversely, corporations do not include sole proprietorships, partnerships, and LLCs (though an LLC can elect to be taxed as a corporation). A corporation is a legal entity whose owners are its shareholders, who also choose a board of directors to manage the organization's operations. The corporation, not the shareholders, is responsible for the business's operations and financial condition.To learn more about corporate, refer to:
https://brainly.com/question/27968241
#SPJ4
is it better for strategic decision-makers to lean more heavily toward taking direct action or toward exercising patience?
The heart of strategic management is strategic decision-making. Understanding the nature of strategic decision making is therefore desirable.
A strategic choice is a significant move involving the commitment of resources with the aim of achieving organisational goals. In conclusion, a company can only advance if the appropriate strategic decisions have been made. Furthermore, it takes a lot of time to establish if selections were correct or incorrect. The business can achieve enormous success if these choices were wise and well-informed about the future. Strategic choices are dynamic in nature since they are made to seize possibilities in the environment. They are created to protect the organisation from environmental risks. They are also dangerous, unclear, and complex. Long-term decisions are strategic ones. They demand a lot of resources and work.
To learn more about strategic decision-making please click on below link
https://brainly.com/question/13190000
#SPJ4
a firm characterized by lifetime employment, collective decision making, collective responsibility, slow evaluation and promotion, implied control, nonspecialized career paths, and a holistic concern for employees is called
Answer:Type J
Explanation:
hope this helps
true or false? a good sales process has enough flexibility to allow salespeople to adapt to the needs of individual prospects.
A good sales process has enough flexibility to allow salespeople to adapt to the needs of individual prospects. - True
A successful sales process should be adaptable and enable salespeople to meet the needs of various prospects. Every prospect is unique and can have unique requirements, objectives, and fears, thus it's critical for salespeople to be able to adapt their strategy to the particular circumstance. A flexible sales process can also make salespeople more responsive to shifting customer demands and market situations.
It is also essential for the salespeople to have a clear understanding of the overall sales methodology and the steps involved in order to effectively guide the prospect through the process. A well-defined sales process can provide a structure and framework for salespeople to follow, while still allowing for the necessary flexibility to adapt to individual prospects.
Read more about the sales process on:
https://brainly.com/question/29454545
#SPJ4
What kind of loan do you need to get from a bank to pay for the new house?
According to Kaminski, an end loan is just the homeowner's mortgage once the building is complete.
Briefing:-When construction is underway, a construction loan is taken out and repaid afterward. The end loan, often known as the borrower's regular mortgage, will subsequently be due.
How can I apply for a bank loan for a house?Depending on the sort of loan you are asking for, you may need to satisfy a number of requirements in order to be authorized for a mortgage. Generally speaking, you must have evidence of income for at least the next two years, a down payment of at least 3.5%, and a credit score of at least 620.
To Know more about requirements
https://brainly.com/question/2929431
#SPJ4
Prepare a balance sheet as of September 30. Beech Corporation Balance Sheet September 30 Assets Cash $ 214,950 Accounts receivable Inventory Plant and equipment, net 90,000 $ 304.950 Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $ < Req3 Reg 4 Required Information Schedules of Expected Cash Collections and Disbursements; Income Statement; Balance Sheet [LO8-2, LO8-4, LO8-9, LO8-10] [The following information applies to the questions displayed below.] Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company's balance sheet as of June 30th is shown below: Beech Corporation Balance Sheet June 30 Assets Cash Accounts receivable Inventory Plant and equipment, net of depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 85, eee 141,600 83,250 226, eee 535,250 $ 87,080 350, eee 98, 258 $ 535,250 Exercise 8-12 (Algo) Beech's managers have made the following additional assumptions and estimates: 1. Estimated sales for July, August, September, and October will be $370,000, $390,000, $380,000, and $400,000, respectively. 2. All sales are on credit and all credit sales are collected. Each month's credit sales are collected 35% in the month of sale and 65% In the month following the sale. All of the accounts recevable at June 30 will be collected in July. 3. Each month's ending Inventory must equal 30% of the cost of next month's sales. The cost of goods sold is 75% of sales. The company pays for 40% of its merchandise purchases in the month of the purchase and the remaining 60% In the month following the purchase. All of the accounts payable at June 30 will be paid in July. 4. Monthly selling and administrative expenses are always $50,000. Each month $7,000 of this total amount is depreciation expense and the remaining $43,000 relates to expenses that are paid in the month they are incurred. 5. The company does not plan to borrow money or pay or declare dividends during the quarter ended September 30. The company does not plan to issue any common stock or repurchase its own stock during the quarter ended September 30. Required: 1. Prepare a schedule of expected cash collections for July, August, and September. 2-a. Prepare a merchandise purchases budget for July, August, and September. Also compute total merchandise purchases for the quarter ended September 30. 2-b. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September. 3. Prepare an Income statement that computes net operating Income for the quarter ended September 30. 4. Prepare a balance sheet as of September 30.
$756950 is the total liability and stockholder's equity. The pictures are attached for the solution.
What is operating Income?Operating income is the adjusted revenue of a business after all operating costs and depreciation have been taken into account. The charges incurred to maintain the operation of the business are known as operating expenses.
A company's operating income is computed by deducting operating costs from its gross profit. Administrative, selling, or general expenses are examples of naturally recurring costs incurred to run a business.
Thus, $756950.
For more information about operating Income, click here:
https://brainly.com/question/29752143
#SPJ4
What is socialism simple answer?
Socialism is a term used to describe an economic and political structure in which the general populace owns and governs the means of production.
Socialism is founded on economic and political ideologies that hold that it is only the people's responsibility to produce and distribute goods and services. This theory's proponents contend that property should belong to the entire community rather than being owned privately.
In contrast to democratic socialism, which has a more adaptable and delicate philosophy, communism believes in accomplishing its goal of a classless society by revolution.
Second, private property has no place in communism. While democratic socialism retains the individual freedom to own property, all properties are collectively held and distributed to each person in accordance with their needs.
To know more about communism, click the below link
https://brainly.com/question/28890132
#SPJ4