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Ghella [55]
2 years ago
6

According to Michael Kremer, large populations: a. require the capital stock to be spread thinly, thereby reducing living standa

rds b. place great strains on an economy's productive resources, resulting in perpetual poverty c. are a prerequisite for technological advances and higher living standards d. are not a factor in determining living standards
Business
1 answer:
frozen [14]2 years ago
5 0

According to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.

<h3>Who is Michael Kremer?</h3>

Michael Kremer is an American development economist and a Nobel Prize winner for developing an innovative economic theory for poverty alleviation, especially in large populations.

Michael Kremer did not think that large populations disadvantaged the nation, but it could be a factor in increasing the living standards through technological advances.

Thus, according to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.

Learn more about economic theories at brainly.com/question/1366201

#SPJ12

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Only variable costs can be differential costs. Do you agree? Explain.
Nostrana [21]

I do not agree with the given statement that is "Only variable costs can be differential costs.".

The difference in the costs of two alternative decisions is referred to as differential cost.

When a company is faced with several similar options, it must make a decision by selecting one and discarding the other.

Variable costs in cost accounting are costs that vary according to how much a company produces.

Variable costs are typically proportional to output.

As a result, the cost difference between two alternatives, rather than the fixed and variable nature of costs, is relevant for decision-making.

Hence, I disagree with the statement given in the question.

Learn more about variable cost:

brainly.com/question/9212451

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5 0
1 year ago
When Corinne asked why she didn't get the job, the manager replied, "I needed someone who understood basic accounting practices
OLga [1]

Answer:

The aspect of career readiness the manager feel Corinne was lacking was Knowledge

Explanation:

Career readiness is the preparation and process of acquiring skills, knowledge, talents that are required to start a career, maintain one's position in such career and grow.

The aspect of career readiness the manager feel Corinne was lacking was Knowledge because see made a statement that implied that Corinne lack basic understanding of accounting practice.    

Knowledge  is an aspect of career readiness that has to do with the theoretical or practical  understanding of a subject matter. It is the information, skills and facts gained through experience and education.

Other skills that are acquired in the process of career readiness are communication skills, human relation skills, critical thinking skills etc.

5 0
3 years ago
The list of steps required to get the same regult each time a task or activity is performed is known as the:
enyata [817]

Answer:

The answer is C. procedure

Explanation:

I found it here: https://quizlet.com/155356515/chapter-3-automotive-vocab-flash-cards/

4 0
2 years ago
The __________ of the procure-to-pay cycle is ordering; the most common way the ordering step begins is through the release of a
GarryVolchara [31]

Answer:

The <u>FIRST STEP</u> of the procure-to-pay cycle is ordering;

Explanation:

The procure to pay cycle  is the set of activities required to follow through a buying process in a company, it includes identifying the need, looking for and assigning a vendor, approving the vendor's specifications, receiving the supplies and finally paying the money owed to the vendor. This process consists of five steps:

  1. ordering
  2. follow up and expediting
  3. receipt and inspection
  4. settlement and payment
  5. records maintenance

6 0
3 years ago
In its current year income statement, Cere Co. reported income before income taxes of $300,000. Cere estimated that, because of
Andreas93 [3]

The amount that Cere should report as income tax expense is $84,000.

Income tax expense refers to the amount of taxes owed by a person to the taxing authority.

  • The Formula for Income tax expense is Taxable income * Effective tax rate.

<u>Given Information</u>

Taxable income = $280,000

Effective Tax rate = 30%

Income tax expense = $280,000  * 30%

Income tax expense = $84,000

Therefore, the amount that Cere should report as income tax expense is $84,000.

See similar solution here

<em>brainly.com/question/13003196</em>

5 0
2 years ago
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