HELP WILL GIFT 100 POINTS!! AND BRAINLIEST!!!
How might a situation in which there is no existing competition for a product or service still lead to innovation?
Two businesses that were working together can make the decision to compete to drive innovation.
An entrepreneur can take advantage of an opening to create an innovative product or service.
An entrepreneur can base a product or service off the innovative ideas of others.
Two businesses with similar products might come together to offer an innovative service.
Answers
Answer:
Two businesses that were working together can make the decision to compete to drive innovation.
And
Two businesses with similar products might come together to offer an innovative service.
Related Questions
(100 POINTS!!!) LuAnn is a very specific type of photographer. The images that she captures have several prominent characteristics such as representing culture as it is lived rather than mythologized, respectful portraits of members of the community to show their stature, and documenting tribal customs and ceremonies for future generations. What type of photography does LuAnn most likely practice?
A. fashion photography
B. nature photography
C. sports photography
D. indigenous photography
Answers
LuAnn most likely practices indigenous photography. Indigenous photography refers to photographs taken by and for indigenous communities that depict the culture, customs, and traditions of those communities. The characteristics of the images LuAnn captures, such as representing culture as it is lived, respectful portraits, and documenting tribal customs and ceremonies, are typical of indigenous photography. The goal of this type of photography is often to give voice and visibility to indigenous communities, as well as to preserve their cultural heritage for future generations.
Huggies is a popular brand of diapers that offers a variety of sizes and styles to fit babies based on weight, gender, and activity, such as swim diapers. Huggies devotes significant resources to conduct market research to understand customer needs and to ensure that its diaper products meet the needs of the customer. Rather than make just one diaper formulation, the products are highly customized and appeal to each customer's unique situation. This highlights one of the key differences between sales-oriented firms and marketing-oriented firms, which is _______.
Answers
Answer:
c. the organization's approach to marketing its products to specific customer segments rather than "everyone" or the average customer
Explanation:
Options includes: "a. the organization's primary goal to achieve profitability through sales volume , b. the organization's mission to produce the highest volume of products in a cost-efficient manner, c. the organization's approach to marketing its products to specific customer segments rather than "everyone" or the average customer , d. the organization's internal, sales-oriented focus
This highlights one of the key differences between sales-oriented firms and marketing-oriented firms, which is the organization's approach to marketing its products to specific customer segments rather than "everyone" or the average customer.
Sales oriented firm pursue the idea that the companies will produce products but will require effort from sales team to sell the product. They believe the success of the companies relies on the aggressiveness of the sales people.
Marketing oriented firm pursue the idea that the companies need to communicate the value proposition of the product. That if the value of the product can be successfully communicated, then the product will sell with considerable less effort from other departments.
Answer: c. the organization's approach to marketing its products to specific customer segments rather than "everyone" or the average customer.
the business risk of a company: multiple choice A. depends on the firm's level of unsystematic risk. B. is inversely related to the required return on the firm's assets. C. is dependent upon the relative weights of the debt and equity used to finance the firm.X D.has a positive relationship with the firm's cost of equity. E.has no relationship with the required return on a firm's assets according to M& Proposition II.
Answers
Business risk is the possibility that a company or organisation will experience lower profits or fail. Anything that jeopardises a business' ability to achieve its financial goals is considered a business risk. Numerous elements may interact to cause business risk.
The business risk of a firm depends on the willingness of its shareholders to risk everything for the company.
What Does the Term Shareholder Mean?
A person or organization that has contributed funds to a corporation in exchange for a "share" of ownership is referred to as a shareholder. Common or preferred shares issued by the corporation and held (i.e., owned) by the shareholder serve as a representation of that ownership.
the correct option is D.
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On July 23 of the current year, Dakota Mining Co. pays $6,110,400 for land estimated to contain 8,040,000 tons of recoverable ore. It installs machinery costing $723,600 that has a 10-year life and no salvage value and is capable of mining the ore deposit in eight years. The machinery is paid for on July 25, seven days before mining operations begin. The company removes and sells 414,250 tons of ore during its first five months of operations ending on December 31. Depreciation of the machinery is in proportion to the mine's depletion as the machinery will be abandoned after the ore is mined.
Required:
Prepare entries to record:
a. the purchase of the land
b. the cost and installation of machinery
c. the first five months' depletion assuming the land has a net salvage value of zero after the ore is mined.
d. the first five months' depreciation on the machinery.
Answers
Answer:
a.Purchase of Land
Land $6,110,400 (debit)
Cash $6,110,400 (credit)
b.Machinery Costs
Land $723,600 (debit)
Accounts Payable $723,600 (credit)
c. $314,830
d. $37,282.50
Explanation:
Purchase of Land
Land $6,110,400 (debit)
Cash $6,110,400 (credit)
Machinery Costs
Land $723,600 (debit)
Accounts Payable $723,600 (credit)
Depletion Expense = Cost of Asset / Expected Total Contents in Units × Number of Units taken in the Period.
= $6,110,400 / 8,040,000 tons × 414,250 tons
= $314,830
Depreciation Expense = Cost of Asset / Expected Total Contents in Units × Number of Units taken in the Period.
= $723,600 / 8,040,000 tons × 414,250 tons
= $37,282.50
what are the information sources for measuring performance
Answers
Answer:
The most common sources of information for performance measurement are personal observation, statistical reports, oral reports, and written reports.
Slide that brainliest tho
What is commercial cooking?
Answers
Answer:
Commercial Cooking- Commercial cooking operations are defined as kitchens that have cooking equipment that produces grease and grease-laden vapors. This includes flat grills, char broilers, and deep fat fryers.
Answer:
Commercial cooking is cooking on a large scale for money (commerce). Generally a commercial kitchen will have large-scale cooking apparatuses. In example I could be use side by side Tilt Grills, one searing 50 pounds of meat, while boiling 20 pounds of pasta in the other. 300 slices of bacon cooking in the ovens, and 30 gallons of stew in one of the tilt-kettles. On another wall I might have a mixer, mixing 30 pounds of cake batter, and 10 gallons of chile cooking in one of the small tilt kettles. I did generally get some help though, lol.
Wheat is one of the most important farm products in the United States. Many farmers grow wheat. Many companies buy wheat for breakfast cereals, bread, flour, and other products. Wheat is a commodity—the same product no matter who grows it. Information about wheat output and prices is widely available. In any given year, farmers may grow wheat or some other crop. Buyers may switch to other grains if wheat prices rise too high. Is this an example of perfect competition? Why or why not?
Answers
Yes, this is an example of perfect competition because there are many farmers growing wheat and many companies buying it. Wheat is a homogeneous product, meaning that it is the same no matter who grows it, and information about wheat output and prices is widely available.
This means that buyers have perfect information about the market and can easily switch to other grains if wheat prices rise too high. Additionally, there are no barriers to entry or exit for farmers or buyers, so new farmers and companies can easily enter the market and compete with existing ones.
Furthermore, since wheat is a commodity, the price is determined by the market forces of supply and demand. This means that no single farmer or company has control over the price, and they must all accept the market price. The market price reflects the marginal cost of production for each farmer, ensuring that resources are allocated efficiently.
In conclusion, the wheat market is a good example of perfect competition due to the large number of farmers and buyers, homogeneous product, perfect information, no barriers to entry or exit, and price determined by market forces.
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omeowner's Insurance Premium
Home Owner's Policy Comparison Deductible
Policy 1 $1,600
Policy 2 $2,000
Which statement below correctly compares the premium prices for these insurance policies?
A. Policy 2 will have a higher premium because it has a lower
deductible than Policy 1.
B. Policy 1 will have a higher premium because it has a lower
deductible than Policy 2.
C. Policy 2 will have a higher premium because it has a higher
deductible than Policy 1.
D. Policy 1 will have a lower premium because it has a lower
deductible than Policy 2.
Answers
The correct statement that compares the premium prices for these insurance policies is:
B. Policy 1 will have a higher premium because it has a lower deductible than Policy 2.
In the context of insurance policies, the deductible is the amount the policyholder must pay out of pocket before the insurance coverage kicks in.
A lower deductible means the insurance company will have to cover a larger portion of the claim, which typically leads to a higher premium.
Policy 1 has a lower deductible of $1,600 compared to Policy 2's deductible of $2,000.
Therefore, Policy 1 will likely have a higher premium because the insurance company would bear a greater portion of the claim costs.
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How often should you email your email list?
Answers
As long you feel the need!
If you liked this please give me the brainliest.
DEPENDS ON YOUR NEED
SO ACCORDING TO ME, IT DEPENDS UPON YOUR NEEDS IF YOU NEED TO U CAN EMAIL AROUND ONCE PER DAY BUT IF IT'S NOT THAT IMPORTANT YOU CAN JUST DO IT ACCORDING TO YOUR WISH IT CAN BE ONCE OR TWICE, OR THRICE A WEEK.
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Is the tariff the best way to achieve the goals of the argument?
Answers
Answer: Yes
Explanation:
Tariffs are import tax that is imposed on goods coming from other nations. Countries can start trade or other discussions by imposing tariffs. Tariffs can be used by both parties to develop economic strategies and conduct trade negotiations.
Economics helps managers because Group of answer choices it helps them focus on the most important issues. it lets them ignore differences in costs. it lets them ignore differences in customer value. all of the above
Answers
Answer:
it helps them focus on the most important issues
Explanation:
Economics helps the managers with respect to direct, non-direct cost and their benefits
So as per the given situation it would help in focused on the most significant issues
Thus, the first option is correct
And the rest of the options are wrong
So the same is to be considered and relevant
Select the account classification that matches with the description.
Sales of products or services.
A. Assets
B. Dividends
C. Expenses
D. Liabilities
E. Revenues
F. Stockholder's Equity
Answers
Answer:
E. Revenues
Explanation:
The sale of products or services brings about revenue to the business.
The revenue according to the accrual concept is recognized when an entity has performed its obligation of delivering goods or rendering services to its customers.
Sale revenue has the expenses deducted from it in a bid to ascertain the company's profitability or the bottomline
The following information pertains to Newman Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit.
Assets Cash and short-term investments $40,000
Accounts receivable (net) 30,000
Inventory 25,000
Property, plant and equipment 215,000
Total Assets $310,000
Liabilities and Stockholders' Equity Current liabilities $60,000
Long-term liabilities 95,000
Common stock 80,000
Retained earnings 75,000
Total liabilities and stockholders' equity $310,000
Income Statement Sales $90,000
Cost of goods sold 45,000
Gross margin $45,000
Operating expenses 20,000
Net income $25,000
Number of shares of common stock 6,000
Market price of common stock $40
Dividends per share $1.00
Cash provided by operations $40,000
What is the rate earned on total assets for this company?
a. 8.1%
b. 6.8%
c. 10.5%
d. 16.1%
Answers
Answer:
a. 8.1%
Explanation:
Calculation to determine the rate earned on total assets for this company
Using this formula
Rate earned on total assets=Net income /Total Assets
Let plug in the formula
Rate earned on total assets=$25,000/$310,000
Rate earned on total assets=0.0806*100
Rate earned on total assets=8.06%
Rate earned on total assets=8.1% (Approximately)
Therefore the rate earned on total assets for this company will be 8.1%
What do you need if you want to open a bank account?
Answers
Documents needed to open a bank account: Although some document requirements may differ from each bank.
What are the documents Needed to open a bank account?
There are some fundamental needs for creating a bank account.Documents that serve as proof of identity and age approved by banks include PAN cards, voter identification cards, passports, drivers licenses, and Aadhaar cards.Banks and other financial organizations require recent passport-sized pictures.Residential proof: A driver's license, a utility bill in the applicant's name, a voter identification card, a passport, etc. are all regarded to be residential proof.How to open bank account?
Open a bank account by going to the local branch:
The simplest method for opening a bank account is to visit the branch and follow the necessary steps.
The following is a list of possible actions:
Step 1: Selecting the sort of savings account you want to open is the first step.
Step 2: After making a choice, go to a handy bank depending on your interests, accessibility, benefits, and other factors.
Step 3: Next, you must complete a "Bank Account Opening Form." The required information, including name, residence, occupation, and other facts, must be filled out precisely. If a joint bank account needs to be opened, both parties must sign the paperwork.
Step 4: Typically, a bank requests testimonials from people who already have an account. The column designated for this function will need to have the introducer's signature on it.
Step 5: At this point, you can send the bank the form and the required paperwork.
Step 6: The issuing bank will review the completed paperwork before approving the opening of an account.
The bank will provide you debit card with a bank account number, and other information after approving your request.
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What is one cost of avoiding insurance?
Answers
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.
Answer:
falling into debt if faced with a serious problem
Explanation:
PURPOSE
Create a presentation that describes your plan and findings for a personal finance budget.
ASSIGNMENT PROMPT
In this assignment, you will create a multimedia presentation to communicate your findings from your
previous budget assignment. You will describe your budget, explain your reasoning, provide evidence,
address opposing perspectives, and educate your audience.
Step 1: Review your planned budget.
a) Open your planned budget you created for your previous assignment.
b) Think about your main findings.
Step 2: Consider the required elements of a multimedia presentation.
a) Create your presentation on the computer using presentation or video-editing software.
b) Include digital media such as images, video, or audio.
c) Use text when appropriate to convey main ideas.
d) Have an introduction, body, and conclusion.
e) Present supporting evidence while conveying your perspective clearly.
f) Address other perspectives while explaining your own reasoning.
g) Include a list of resources that you used, including websites, textbooks, or other
materials.
Step 3: Think about these steps for creating a successful presentation.
a) Plan: Sketch your presentation before you begin. Establish the order in which you will
present your information and what media you are going to include.
b) Draft: Create a rough draft of your presentation.
c) Revise: Review your work, correct mistakes, and make improvements
**Last assignment is attached for reference**
I need help on where to start and how I should layout this presentation. If you could point me in the right direction, I plan on using PowerPoint. If you tell me what to do slide for slide, I'll give brainliest. Even advice is a huge help though!
Answers
Answer: Summarize the change in expenditures between budgets. Show the findings of your personal financial analysis using appropriate graphs/charts in Excel.
Explanation:
Answer:
Purposes of creating a personal budget
Personal budgets are usually created to help an individual or a household of people to control their spending and achieve their financial goals. Having a budget can help people feel more in control of their finances and make it easier for them to not overspend and save money.
Explanation:
Jim has to step into an existing high-priority project as the current project manager has suddenly reported sick just before an important milestone. He finds that the team is exhausted on account of the high workload, morale is low, and the client is pushing forward with previously agreed but clearly unreasonable deadlines. 1. What is the second most effective responsive? Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Jim tries to maintain the status quo and presses forward with the team to ensure client deadlines are met, no matter what. It is just a matter of holding the fort till the original project manager is back. Jim decides it is not worth stake his reputation on an ill-fated project, informs his director accordingly with a status report detailing the issues, and excuses himself from the project.
Answers
The second most effective response is, Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Option a is correct.
The second most effective response would be option (a). Jim needs to communicate with the director about the situation and then address the issues with the team and client. It is important to set realistic expectations and ensure that everyone is on the same page. Ignoring the problems and pressing forward (option b) could result in further burnout and even more problems down the line.
Walking away from the project (option c) is not a good option either, as it does not address the current situation and could harm Jim's professional reputation. It is important to take responsibility and make an effort to improve the situation to the best of Jim's ability. Option a is correct.
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In the following table, list five examples of products or services for which you have noticed price changes. Identify the product or service; show whether the price change was an increase or decrease; and identify the reason for the price change. Answers will vary. WRITE A TABLE
Answers
The five examples of products or services for which one notices the price changes includes gas, onions, rice, data service, and call rate.
The breakdown of the products or services mentioned is explained below:
Gas (increase in the price): the price changes due to the War in Russia which resulted in its supply.
Onions (increase in the price): there is an increase in price of onions due to the long season of locust (pest) which destroyed a lot of farm produce.
Rice (increase in the price): the price changes as a result of importation ban on rice and the consequence of the flooding.
Data service (decrease in price): this change is caused by the availability of wifi access which is now killing the idea of data subscription.
Call rate (decrease in price): the change in the price of voice call is as a result of the competition that now exists among the service providers.
The given question is incomplete, the complete question is-
In the following table, list five examples of products or services for which you have noticed price changes. Identify the product or service; show whether the price change was an increase or decrease; and identify the reason for the price change. Answers will vary.
Product or service Price Increase or Decrease Reason for price change
Name food Did the food price
increase or decrease
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How do firms solve the problem of an
economic surplus?
A. They decrease prices to the Market Equilibrium price.
B. They increase mass production in the factories.
C. They increase prices so they are above the Market
Equilibrium price.
Answers
Answer:
The correct answer is A.
Where do deleted files go?
into the My Computer folder
into the My Documents folder
into the Recycle Bin
into the system tray
Answers
Answer:
the correct answer is into the recycle bin
Explanation:
Answer:
b
Explanation:
8. Refer to the Prescription Drug table on page 4 in the sample Health Benefits Form. John is
covered under the Standard Plan and plans to purchase his prescription drugs from an
in-network pharmacy. All of the following are true, EXCEPT...
a. For a 30-day supply purchased at retail, the generic version of the prescription drug
is $40 cheaper than the preferred brand.
b.
If John is looking for the lowest cost for his prescription drugs, he should purchase
from mail order.
c. The cost of a three month supply of generic prescription drugs purchased at retail
would be $50.
di John chose
and be no difference in the price of the
generic version of prescription drugs
Answers
The patient's name, the name of the medication, the dosage, and the dosage schedule are all listed on the label of each prescription medicine container. When a prescription is filled, the pharmacy typically provides more in-depth printed information about the medicine.
Which section of the prescription contains medicine-related information?Inscription (Medication Prescribed) The most crucial section of the prescription is the inscription, which details the drug's composition and dosage. It's possible that the medication is some kind of official or non-official formulation.
What are the 4 primary pieces of a solution?A prescription traditionally consists of four parts, predating modern legal definitions of the term: a signature, inscription, subscription, and superscription. The patient's information, such as name, address, and age, can be found in the superscription section.
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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What is the difference between your assets and your liabilities known as?
O A. your budget variance
OB. your profits
OC. your savings
OD. your net worth
Answers
The difference between your assets and your liabilities known as your net worth.
What is equity?Equity is a business term in business or accounting, used to describe the right of the owners of a business assets after the liabilities have been deducted.
In an organization, assets are resources that the company owns. It is everything a business owns, which are cash, equipment, inventory, and investments, while liabilities are obligations that the company have – the difference between them is equity.
Equity is important because it represents the value of an investor's stake in a company, represented by the proportion of its shares. Owning stock in a company gives shareholders the potential for capital gains and dividends.
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What U.S. State is known as the Beehive State?
Answers
Answer:
Utah
Explanation:
Utah territory became a state in 1896 and retained the beehive symbol on their flag.
Hope it helps!
Answer:
Utah is known as the beehive state
According to the law of demand, when will higher corn prices reduce the quantity demanded of corn? a. When the supply of corn is fixed. b. Always. c. When there are no shortages or surpluses of corn. d. When nonprice determinants, like income and the number of buyers, are unchanged.
Answers
Answer:
D. When nonprice determinants, like income and the number of buyers, are unchanged.
Explanation:
Initially, in market of supply and demand,it is explained that when their is increase in supply of goods and also services, the prices of these goods and services remains the same but when their are higher prices, it is said to have occurred when non price determinants, like income and the number of buyers, are unchanged.
It is known that when their is an increase in goods and services supply, demand remains the same, prices are also seen to fall to a lower price which pushes for a higher quantity of goods and services.
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Exercise 10-9 Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2]
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.)
Answers
Filling the missing number, the missing data are as follows:
Company
A, B, C respectively:
Sales: 450000, 660000, 550000
Net operating income: 161000*25% =40250, 37000, 14900+ 7000 =21900
Average Operating asset: 161000, 37000/16% -231250, 149000
Return on investment ROI: 25%, 16%, 21900/149000 = 14.7%
Minimum required rate of return: -, -, -
a. Percentage: 14%, 53000/231250 -22.9%, 10%
a. Dollar amount: 161000*14%
-22540, 161000*14% -22540, 149000*10% = 14900
Residual income: 40250-22540 17710, 40250-22540 17710, 7000
what is a Return on Investment?The return is the gain one realizes due to one's investments. ROI is known as the ratio of net profit over the total cost of the investment. ROI is most ideal to one's organizational goals when it means the ideal and measurable, to define one's investment's gains and financial returns.
Therefore, the correct answer is as given above
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Which economies are moving away from their traditional reliance on agriculture to a more industrialized nation?
O A. developing economies that are becoming developed economies
emerging market economies that are becoming developing economies
C. developing economies that are becoming emerging market economies
developed economies that are becoming developing economies
O
B.
D.
Answers
Answer: A
Explanation:
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.
Answers
Yes, Sooraj is effective in his work as a salesman in selling pet accessories and food.
He has been given a target of selling 1200 units of food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers a 15% discount to his customers. There are many reasons to support the effectiveness of Sooraj as a salesman.
One of the primary reasons is that he has been able to achieve his monthly sales target by offering a maximum of 10% discount to his customers. This indicates that he is able to effectively communicate the value of the pet accessories and food to his customers, and is also able to offer a discount that is appealing to them.
Secondly, Sooraj is also effective because he is able to identify when he needs to offer a higher discount to meet his monthly sales target. By offering a 15% discount on the last two days of the month, he is able to entice more customers to purchase the pet accessories and food packets, thereby increasing his chances of meeting his sales target.
In conclusion, Sooraj is effective in his work as a salesman because he is able to achieve his monthly sales target by offering a discount that is appealing to his customers. Additionally, he is also able to identify when he needs to offer a higher discount to meet his monthly sales target.
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Which of the global PR strategies does the Coca-Cola website use
your discussion with examples from the website.
Answers
Coca- Cola uses a combination of global PR strategies on its website. The company has historically employed the standardization approach.
Presenting a harmonious brand communication and image across all requests. Coca- Cola also adapts its communication to specific original requests following the localisation strategy. On its website, Coca- Cola features elevations, events, and marketing campaigns that appeal to indigenous requests while still adhering to the company's core values. also, Coca- Cola recognises artistic differences, employing across-cultural strategy in its global communication.
By exercising these approaches, Coca- Cola can maintain a consistent brand identity while connecting with different consumers across various requests.
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The accumulation of years of spending more money than is collected in revenues over several years creates a budget
O debt
O deficit
Osurplus
Oreversal
Answers
Answer:
deficit
Explanation:
Indeed, when a government accumulates years of spending more money than is collected in revenues a deficit budget is created as result.
For example, the United States is estimated to have a national debt of about 27 trillion dollars; meaning it has incurred expenses worth more than the total revenues gotten in the country for years. In other to prevent or go out from a deficit budget, more revenue-generating sources needs to be created in the economy so the country can operate a balanced budget.
Answer:
B
Explanation:
Deficit