Other Economics Answers

What will happen to the equilibrium price and quantity of fish if fish oils are found to help

prevent heart disease

the market for fast food chicken restaurants like KFC, Chicken Licken and nandos , are said to be within the category of monopolistic competition. Examine this market for characteristics and behaviours that link them to this types of market structure

1.)  Why is that Income is a factor of Demand?

Added to the fairtrade price, coffee bean buyers must also pay a fixed premium. What should this premium be used for?

How did the fixing of a fairtrade minimum price lead to unethical practices by coffee farmers?

Fairtrade in coffee.

Fairtrade tries to address a number of issues. Explain three of those issues.

a) On July 02, Simmons Merchandise organized Life Care Insurance agency by opening a bank account in the company name with a deposit of $3,80,000 cash and also brought land worth $ 90,000 in the business. b) On July 16, the business purchased an office building total price of $208,000, of which $102,000 was applicable to the land and the remaining to the building. A down payment in cash was made Rs $84,000 and a note payable was issues for the balance of the purchase price. c) On July 25, office equipment was purchased from Ross & Co on credit basis at a price of $67,800. The same is to be paid on July 31. d) On July 28, a small portion of equipment that was purchased is found defective and returned to Ross & Co. The cost of defective material was $13,500. e) On July 31, the remaining liability to Ross & Co was paid in full

discussion on electrical power industry current state of affairs

Problem 2. [05 Marks] Ali & Sons, Inc., purchased a new machine on Sept 1, 2020 at a cost of Rs.180,000. The machine’s estimated useful life at the time of the purchase was five years, and its residual value was Rs.10,000. Required: Prepare a complete depreciation schedule, beginning with calendar year 2020, under each of the methods listed below (assuming half-year convention): 1. 200 percent declining-balance. 2. 150% declining-balance, switching to straight-line when that maximizes the expense

Distinguish between the different types of tangible assets and explain the difference between tangible and intangible assets.