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Dafna11 [192]
3 years ago
15

The classical economists felt that saving would be equal to investment because

Business
1 answer:
lozanna [386]3 years ago
6 0
<span>Classical economists felt this way because of the idea of 'interest rate flexibility'. This means that the classical economists believed in the idea that the economy would even itself out, or that the economy was 'self-regulating'. This lends itself to the idea that saving would be equal to investment because it does not take into consideration any shift in the economy.</span>
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c. when the company corrects poorminusquality goods or services before delivery to customers.

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Internal failure costs are costs incurred when the company corrects <u>poorminusquality goods or services before delivery to customers.</u>

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: How does horizontal growth differ from vertical growth as a corporate strategy? From concentric diversification?
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The salaries of management workers such as superintendents are period costs because they are not direct labor.

Memory boards and chips used in assembling computers - direct materials.

The memory boards and chips are direct materials used to assemble the computers, therefore, they are a direct materials cost.

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Inspectors and supervisors are part of lower-management, and as result, their salaries are also considered period costs.

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Electrical components used in assembling computers - direct materials.

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Night security guards are an administrative cost. They are not necessarily needed to produce the goods, they are hired to protect the factory's security. And administrative costs are considered period costs.

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