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Sergeeva-Olga [200]
1 year ago
10

by the mid-eighteenth century, what obstacle threatened the economic growth of some countries in asia and western europe?

Business
1 answer:
Nana76 [90]1 year ago
4 0

By the middle of the eighteenth century, soil depletion and deforestation was now a threat to the economic and social development of some countries in Western Europe and Asia.

What is the primary reason for the soil's depletion?

Farming, industrial, and commercial pollution, loss of arable land owing to urbanization, overgrazing, and unsustainable agricultural methods, and long-term climate changes are all factors that contribute to soil degradation.

What and why did Europe lose its forests?

Industrial farming

Europe's deforestation started in the 1700s and 1800s when trees were felled for shipbuilding and as fuel.

The primary cause of forest loss is the conversion of forests into crops. It is primarily responsible for oil palm and soybean production, which, according to the UN Food and Agriculture Organization, accounts for at least 50% global deforestation .About 40% of the world's deforestation is caused by livestock grazing.

To know more about industrial farming click here

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An analysis and aging of the accounts receivable of Hugh Company at December 31 revealed the following data: Accounts Receivable
Hitman42 [59]

Answer:

$844,000

Explanation:

Given that,

Accounts Receivable = $900,000

Credit balance of Allowance for Doubtful Accounts per books before adjustment = $50,000

Expected amount of uncollectible = $56,000

Bad debt expense at the end of the period is determined by subtracting the credit balance of allowance for doubtful accounts from the expected amount of uncollectible.

Bad debt expense:

= Expected amount of uncollectible - Credit balance

= $56,000 - $50,000

= $6,000

At the end of the period, the allowance for doubtful accounts has a balance of $56,000 that are to be uncollectible.

The cash realizable value of the accounts receivable at December 31, after adjustment, is determined by simply subtracting the Allowance for doubtful accounts  from the accounts receivable. It is calculated as follows:

= Accounts Receivable - Allowance for doubtful accounts

= $900,000 - $56,000

= $844,000

4 0
3 years ago
1. The giving up of one benefit or advantage in order to gain another regarded as more favorable.
Serjik [45]

Answer:

1. Trade off

2. Opportunity cost

3. Cost-benefit analysis

4. Diminishing marginal utility

Explanation:

1. Giving up one benefit or advantage to gain another regarded as more favorable is called trade-off. Every economic decision involves some trade-off.

2. Opportunity cost is the second-best alternative or value of the alternative, that must be given up when making a choice. Because of scarce resources with alternative uses allocation of resources involves some opportunity cost.

3. Cost-benefit analysis can be defined as the process of examining the benefits and costs of each available alternative in arriving at a decision. Resources are allocated efficiently if the cost incurred and benefit earned is equal.

4. As we go on increasing the quantity consumed of a product, the marginal utility or satisfaction earned from its consumption goes on decreasing. This is called diminishing marginal utility.

7 0
3 years ago
At many amusement parks, customers who enter the park after 4 p.m. receive a steep discount on the price they pay. This is a typ
Roman55 [17]

Answer:

The answer is b) people who have a more inelastic demand for amusement parks.

Explanation:

For this price discrimination strategy, amusement parks are aiming at people who are more willing to come to the amusement park to spend more hours at the park and does not care about entry price as much as other people who are not normally willing to visit the park; instead, may be take a try for one or two hours at the end of the day at deep discounted price.

So, high price will be charged to people less care about entry price, in other works their demand for the amusement parks is relatively more inelastic to other people.

Thus, b is the right choice.

8 0
3 years ago
Thao is interested in construction and architecture. She would like to become a Civil Engineer in the future.
Dominik [7]

Building, construction, and maintenance of physical architecture is a profession of civil engineering.

Whenever students would like to continue pursuing their civil and structural careers, they require specific skills to be competent in their choice of job.

The competencies that also conform to the civil engineering career seem to be:

  • Skilled in mathematics, science, and computer design.
  • Likes mechanically inclined to work with her hands.
  • <u><em>Good, patient, </em></u>and <u><em>persistent communicating</em></u>.
  • It could be use to discuss ideas and subjects, defend them and negotiate.

Learn more:

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5 0
3 years ago
The cross-price elasticity of demand measures the a. percentage change in the quantity demanded of one good in one location divi
LenaWriter [7]

Answer:

d. percentage change in the quantity demanded of one good divided by the percentage change in the price of another good.

Explanation:

Price-demand elasticity measures the demand sensitivity of a good when a change in the price of another good occurs. For example, what happens to the demand for bread when the price of butter varies? This depends on the cross elasticity of demand since these goods tend to be complementary.

 The price elasticity of cross demand between two goods is easily calculated by a formula where the numerator is the change in the quantity of a good and the denominator is the percentage change in the price of the complementary good.

If the calculation of elasticity is greater than 1, it means that the amount demanded for bread is sensitive (elastic) to the price of butter and tends to vary sharply. If the result is between 0 and 1, the demand is inelastic, that is, the amount of bread demanded will not change considerably when the price of butter varies. If the calculation is equal to 1, then the demand for bread varies perfectly with the price of butter.

5 0
3 years ago
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