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Virty [35]
1 year ago
14

Costa rica is a top exporter of coffee. the highest-quality coffee is sold abroad, and the lower-quality coffee is consumed by t

he native costa rican people. which basic economic question is not addressed in this information? what to produce? why to produce? how to produce? for whom to produce?
Business
1 answer:
vagabundo [1.1K]1 year ago
7 0

Three basic economic questions are -

  1. What to produce?
  2. How to produce?
  3. Whom to produce for?

Economists study how households and businesses interact to produce the goods and services people need. They look at the factors of production, such as land, labor, and capital, and how they are combined to produce goods and services. Essentially, economists try to answer three sets of questions:

  • What goods and services should be produced to satisfy consumer needs?
  • How much of this product do you need?
  • When should you produce a report?
  • What is the best way to produce goods and services?
  • How should these products be produced, and what resources should be used to do so?
  • Who should be the recipients of goods and services?
  • How should the product be allocated among consumers?

To learn more about Economics Questions from the given link

brainly.com/question/2403391

#SPJ4

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Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is ​units, how man
saw5 [17]

Answer: $26,000

Explanation:

Ending Inventory = Beginning Inventory + Units to be produced - Sales

18,000 = 15,000 + Units to be produced - 23,000

Units to be produced = 18,000 + 23,000 - 15,000

Units to be produced = $26,000

7 0
4 years ago
What are two advantages and two disadvantages of the informal economy
AnnyKZ [126]

Answer:

Advantages of Informal Sector employment:

Some employers pay well because company owners do not have many tax obligations. Employee effort is directed towards achieving profit rather than satisfying irrelevant routines.

There can be a close and direct relationship with the employer, therefore making it easy to get permission when in need of time off.

You are saved the hassle of paying Pay As You Earn tax.

There’s no red tape when it comes to dealing with personnel issues which are expressly handled either by the employer him/herself, or a senior manager.

Sometimes employment is done on the spot with little emphasis on attending lengthy job interviews and countless aptitude tests.

Sometimes one is employed because of one’s personal relationship with the employer rather than on merit.

Disadvantages of Informal Sector employment:

Little or no job security.

Unprotected by labour laws.

Odd working hours.

No pension, insurance or health insurance scheme.

Summary dismissals.

Difficult to make any savings due to low wages.

A brief illness or injury or injury can mean no financial means to survive.

Explanation:

4 0
3 years ago
The balance sheet above shows the financial situation for the Jamestown National Bank. The central bank has set a required reser
dedylja [7]

Answer: $40,000

Explanation:

Hello. Your question was incomplete as it lacked the balance sheet in question. Luckily I found it and have now attached it.

The question states that the central bank has set a required reserve ratio of 10%. This means that 10% of the deposits at the bank are not to be touched so they cannot loan past 90% of the deposits.

The bank has only $60,000 remaining to loan out as they will not sell their securities.

So we will calculate how much they can loan out thus,

= 60,000 - (200,000 * 10%) to find out what amount cannot be touched

= 60,000 - 20,000

= $40,000

The maximum amount of additional loans the bank in Jamestown can undertake is $40,000.

5 0
3 years ago
For the current year ($ in millions), Central Park Corp. had $80 in pretax accounting income. This included bad debt expense of
KatRina [158]

Answer:

$69

Explanation:

Calculation for Central Park's taxable income

Pretax accounting income $80

Less Temporary differenceDepreciation (15)

($35 – $20)

Bad debt expense $4

($6 – $2)

Taxable income$69

($80-$15+$4)

Therefore Central Park's taxable income will be $69

8 0
3 years ago
Which section of a proposal identifies the problem and discusses the goals of the project?
gladu [14]

Answer:

Background, problem, and purpose

Explanation:

A project proposal consists of multiple segments. The section titled Background, problem and purpose outlines the context of the project and the problem that it seeks to address. In essence, this section provides a brief overview of the project purpose and the subsequent sections of the proposal add additional details which are relevant to the execution of the project.

6 0
3 years ago
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