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aksik [14]
4 years ago
13

The discovery of a large oil deposit off a nation's shores would be what type if economic variable?

Business
2 answers:
Alexus [3.1K]4 years ago
8 0

The answer is: positive external shocks

Positive external shocks refers to unpredictable factors in economy that provide monetary benefit for us.

Several examples of positive external shocks are: Discovery of expensive natural resources (such as oil), one citizens of the country invents unpredictable groundbreaking products that drastically improve the country's GDP,  the leaders of another country decided to make contact with our country and propose a beneficial business agreement, etc.

slava [35]4 years ago
3 0
The discovery of oil off a nation's coast would be if it wasunexpected, a surprise economic variable and a very beneficial one at that as long as it happened before the present concerns about climate change and the use of fossil fuels plus concerns over oil spills in the ocean after the Gulf of Mexico major oil spill a few years ago.
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Tony decides to hold the company’s first adventure race on December 15. Four-person teams will race from checkpoint to checkpoin
coldgirl [10]

Answer:

Dr. Cash                             $2,200

Cr. Unearned revenue     $2,200

Explanation:

As the entry fee for the the racing event is received in advance. The event is on December 15 and the entry fee is received earlier to decide the participants of the race. This receipt is not considered as the revenue income until the event held and race is over. The unearned revenue is considered as the liability and recorded in unearned revenue account as action from the tony side is due. as Tony completes action which is the racing event, the revenue will be recorded.

7 0
3 years ago
The Car Service Center has the design capacity to perform an average of 60 repairs per day. The effective capacity of this repai
ELEN [110]

Answer:

(36 /60 ) * 100

Explanation:

Based on the information given the capacity  utilization percentage will be :

Capacity  utilization percentage= (36 /60 ) * 100

Capacity  utilization percentage=60%

Where,

36 per day represent Actual repairs number

60 repairs per day represent Design capacity

Therefore capacity utilization percentage is (36 /60 ) * 100

7 0
3 years ago
Job costing, process costing. In each of the following situations, determine whether job costing or process costing would be mor
scoray [572]

Answer:

a. A CPA firm     Job costing

b. An oil refinery     Process costing

c. A custom furniture manufacturer     Process costing

d. A tire manufacturer     Process costing

e. A textbook publisher     Process costing

f. A pharmaceutical company      Process costing

g. An advertising agency     Job costing

h. An architecture firm        Job costing

i. A flour mill        Process costing

j. A paint manufacturer     Process costing

k. A nursing home      Job costing

l. A landscaping company     Job costing

m. A cola-drink-concentrate producer      Process costing

n. A movie studio     Job costing

o. A law firm     Job costing

p. A commercial aircraft manufacturer      Process costing

q. A management consulting firm       Job costing

r. A plumbing contractor      Job costing

s. A catering service       Job costing

t. A paper mill       Process costing

u. An auto repair shop    Job costing

Explanation:

7 0
4 years ago
The fixed costs of WeBuy&Sell.com, an e-commerce website, make up about 90 percent of the total costs incurred by the compan
nataly862011 [7]

Answer:

This allows WeBuy&Sell.com to earn high profits at a very low cost. According to the given scenario, WeBuy&Sell.com has high scalability.

Explanation:

In an economic context, a scalable business model implies that a company can increase sales given increased resources.

7 0
4 years ago
A taxing jurisdiction has a mill rate of 14.7. what is an owner’s tax bill if his assessed value is $250,000?
zysi [14]

A taxing jurisdiction has a mill rate of 14.7. the owner’s tax bill would be $3,675.00. Over 55,000 jurisdictions make up the United States. The taxing authority that imposes the tax is known as a jurisdiction. A tax jurisdiction code is used to identify each jurisdiction.

The place where the transaction will be taxed is specified by this code. The tax jurisdiction code is a key that, along with the tax code and other factors, defines the tax amount and how the total tax amount is split between the several taxing authorities for payment. For calculating procedure TAXUSJ,

The system can handle up to four jurisdiction levels, and for TAXUSX, up to six jurisdiction levels. Each level of jurisdiction has a unique jurisdiction code.

To learn more about taxing jurisdiction , click here

brainly.com/question/14179714

#SPJ4

5 0
2 years ago
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