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PSYCHO15rus [73]
1 year ago
6

Holding all else equal, will increasing the efficiency units of labor lead to sustained growth? why?

Business
1 answer:
Sloan [31]1 year ago
7 0
Holding all else​ equal, will increasing the efficiency units of labor lead to sustained​ growth? Why? Yes, although it will lead to sustained growth only if individuals learn the correct skills as determined by the type of physical capital available.
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Blue Spruce Corp. provides security services. Selected transactions for Blue Spruce Corp. are presented below.
WITCHER [35]

Answer:

Oct. 1 Issued common stock in exchange for $80,500 cash from investors.

Dr Cash 80,500

    Cr Common Stock 80,500

2 Hired part-time security consultant. Salary will be $2,400 per month. First day of work will be October 15.

No entry required

4 Paid 1 month of rent for building for $2,400.

Dr Prepaid rent 2,400

    Cr Cash 2,400

7 Purchased equipment for $22,000, paying $4,900 cash and the balance on account.

Dr Equipment 22,000

    Cr Cash 4,900

    Cr Accounts payable 17,100

8 Paid $600 for advertising.

Dr Advertising expense 600

    Cr Cash 600

10 Received bill for equipment repair cost of $480.

Dr Repairs expense 480

    Cr Accounts payable 480

12 Provided security services for event for $3,900 on account.

Dr Accounts receivable 3,900

    Cr Service revenue 3,900

16 Purchased supplies for $500 on account.

Dr Supplies inventory 500

    Cr Accounts payable 500

21 Paid balance due from October 7 purchase of equipment.

Dr Accounts payable 17,100

    Cr Cash 17,100

24 Received and paid utility bill for $181.

Dr Utilities expense 181

    Cr Cash 181

27 Received payment from customer for October 12 services performed.

Dr Cash 3,900    

    Cr Accounts receivable 3,900

31 Paid employee salaries and wages of $6,200.

Dr Wages expense 6,200

    Cr Cash 6,200

6 0
2 years ago
Which neca committee is responsible for the production of the magazine the quality connection?
OverLord2011 [107]
The correct answer is <span>NLMCC- National Labor Management Cooperation Committee.
This magazine is NLMCC's flagship publication, because there all of its goals can be found. Construction members and other contractors are people who receive it and read it. 
</span>
4 0
3 years ago
In reviewing his company's operations, a risk manager noticed that all of the company's finished goods were stored in a single w
diamong [38]

Answer:risk control

Explanation:Risk control is a step in the hazard management process. It involves finding a way to neutralize or reduce an identified risk.

Risk control begins with a risk assessment to identify the presence and severity of workplace hazards. Employers must then implement the most effective controls available.

In order of effectiveness (from most effective to least), risk control methods include:

Elimination: removing the risk entirely

Substitution: swapping an item or work process for a safer one (for instance, switching to an industrial cleaner that poses fewer respiratory risks)

Engineering controls: modifications to the environment or equipment that poses the risk (such as installing mirrors in warehouses or machine guards on circular saws)

Administrative controls: modifications to the workflow or work process (for example, rotating employees through several different work tasks to prevent repetitive stress injuries)

Personal protective equipment: safety gear worn by the workers, such as hard hats, safety glasses, and chemical-resistant gloves

6 0
3 years ago
In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou
Katen [24]

Answer:

nothing to be carried forward to next year $7,000 deductible this year;

Explanation:

Investment income is a return on the investment. Interest Expense is the amount of interest paid on the investment amount taken as a loan. The maximum amount to be adjusted as an expense against investment income is the amount of Investment income. Expenses no more than investment income will be adjusted. Nothing to be carried forward to next year.

8 0
3 years ago
The determination of the productivity of the inputs utilised in the manufacturing process is a critical component of management
Klio2033 [76]

The significance of Total product, Average product, and Marginal product is that they show how effective, and efficient a manufacturing process is.

<h3>How do these metrics show productivity?</h3>

Taking the labor component in production as an example, one can see the impact of these metrics.

The total product will show just how much goods and services in total that the given amount of labor was able to produce. This gives management an idea of the effectiveness of the labor in producing goods and services.

The average product then shows how efficient labor is because it gives an idea of the products produced per labor.

Marginal product is very important as well because it helps management to know when to stop hiring labor. This point will be the production level that sees the marginal product being less than the cost of hiring additional labor.

These three metrics are therefore important to management because they help to determine effectiveness, efficiency, and cost of production.

Find out more on marginal product at brainly.com/question/24698689.

7 0
2 years ago
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