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2 years ago

If idle resources are put to use and more output is produced in an economy, there will be:____.

1 answer:

3 0

When idle resources in an economy are then put to use and more output is produced, this leads to economic growth.

<h3>What happens when idle resources are used?</h3>

In order to produce goods and services in a country, there are resources that are needed such as capital, land, and labor.

This means that if there are no resources, there will be no production. When there are idle resources, production could be happening but isn't which is a waste.

When these idle resources are therefore used, there will be increased production in an economy.

Increased production points to economic growth which only happens when production increases in a nation.

In conclusion, idle resources being used will lead to economic growth.

Find out more on economic growth at brainly.com/question/1690575

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An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export

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Answer:

Read the explanation below.

Explanation:

A. Luxury yatch: Not a lot of people buy Yactchs, but a lot of businesses are capable of making them. So more or less the buyer is in position to dictate terms. And asking the buyer to open a letter of credit may result in the loss of sale.

But to protect against the risk of losing payment, the seller can opt for export credit insurance. Here on advantage of export credit insurance is the exporter is more likely to make the sale in a competitive market such as this. If there is a default, the insurance should cushion the blow. However, Canada and California are not known for opaque or radically different legal systems, are not far away, and do not have linguistic or other barriers. In the event of default, the yatch is likely to be returned.

b. Machine tools. Again, one advantage is that the new yorker exporter is more likely to make the sale. The exporter's position however is strong due to the fact not lot of people make machine tools as the are hard to make and have a higher fixed costs.

Thus, letter credit is the most viable option in this case.

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3 years ago

Lee and gayle have agreed during a telephone conversation that gayle can leave her furniture with lee while gayle is looking for

Svetllana [295]

A form of verbal contract. There is an agreement between Lee and Gayle; there is an offer, an acceptance of offer and consideration.

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3 years ago

Read 2 more answers

Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cum

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Answer:

$6,000

Explanation:

The computation of the dividend amount distributed to preferred shareholders is shown below:

= Number of non-cumulative preferred stock shares × par value per share × dividend rate

= 10,000 shares × $10 × 6%

= $6,000

In the case of the non-cumulative preferred stock, if there are dividend arrears, the same is not paid.

Simply we multiplied the preferred stock share by the par value and the dividend rate so that the estimated value can come

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3 years ago

UPS, a delivery services company, has a beta of 1.1, and Wal-Mart has a beta of 0.7. The risk-free rate of interest is 4% and th

Brrunno [24]

Answer:

7.78%

Explanation:

Calculation for the expected return on a portfolio

First step is to calculate the portfolio beta

Portfolio beta=30%*1.1+30%*0.7=1.15

Portfolio beta=0.33+0.21

Portfolio beta=0.54

Now let calculate the expected return using this formula

Expected return=rf+(Portfolio beta*mrp)

Let plug in the formula

Expected return=4%+(0.54*7%)

Expected return=7.78%

Therefore the expected return on a portfolio is 7.78%

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2 years ago

"The S&H Construction Company expects to have total sales next year totaling $ 14 comma 700 comma 000. In addition, the fi

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Answer: $480,350

Explanation:

Income is calculated by deducting expenses from the sales which includes the Cost of Goods sold.

The Cost of Goods sold is given to be 63% of the Sales Next year and the Operating Expenses are given to be 30% of the sales.

That means a total of,

= 63 + 30

= 93%

93% of the sales will be deducted from the sales as expenses.

$290,000 will also be owed as interest so needs to be removed from the sales as well.

Calculating that will give,

= 14,700,000 - 14,700,000(0.93) - 290,000

= 14,700,000 - 13,671,000 - 290,000

= $739,000

This is the income after interest and expenses.

Now the tax has to be accounted for.

With a tax rate of 35%, the income minus tax will be,

= 739,000 ( 1 - 0.35)

= 739,000 * 0.65

= $480,350

$480,350 is the after-tax estimate if income for the following year.

8 0

3 years ago