Select apparel purchased 90 new shirts and recorded a total cost of $2,789 determined as follows: invoice cost $ 2,300 shipping charges 192 import taxes and duties 159 interest (6.0%) on $2,300 borrowed from the bank to finance the purchase 138 $ 2,789 required: prepare the journal entry to record this purchase in the correct amount, assuming a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak