Answer:
The answer is stated below:
Explanation:
Note: Here the questions is missing, that is
Which of the following will be a micro economic topic?
Microeconomics is the study which dealt with the knowledge of how the people take decisions at the small scale. It does not consider the economy as a whole.
So, the topic which are related to micr- economic are:
Determine the affects of the war on Iraq on the steel price. This dealt with the affects of war in Iraq, focusing on a single country.
Determine what will happen in the market for the oranges when they are freeze, this also dealt with the market of oranges, not the economy as a whole.
So, both the topics are dealt or related with the micro - economic.
Answer:
Allocative efficiency is about distributing or allocating resources in the best possible manner. E.g. in order to fight the current pandemic, more resources ($) is allocated to different health care institutions.
Productive efficiency is about how a company or a person uses the resources that it has in order to produce the greatest amount of benefits at the lowest possible cost. E.g. in a hospital, if a doctor is able to treat 15 patients per day, his/her productive efficiency will be higher than another doctor that only treats 10 patients per day.
Answer:
responsibilities scope
Explanation:
Keiko is describing responsibilities for each team member so each one knowns what is expected from them
The government can require licenses in order to start the small business. This keeps the small business accountable and the government and keep track of this.
Answer:
Cash; account receivable
Explanation:
The journal entry to reestablish an account previously written off is given below:
Cash Dr XXXXX
To account receivable XXXXX
(being the reestablish an account previously written off is recorded)
Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets
