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3 years ago

What are the causes and effects of increasing marginal returns?

Business

1 answer:

Zepler [3.9K]3 years ago

8 0

In the short-run by a production by a firm, an increase in the variable input results in an increase in the marginal. Hope it helped

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gPlease record the following items in journal entry format. Clearly indicate the (a) account name (b) whether it is a (debit) or

Travka [436]

Answer:

Journal Entry Format:

1. Supplies (debit) $6,400 Accounts payable (credit) $6,400

2. Land (debit) $450,000 Cash (credit) $160,000 Notes Payable (credit) $290,000

3. Accounts payable (debit) $6,400 Cash (credit) $6,400

4. Salaries Expense (debit) $1,000 Cash (credit) $1,000

5. Cash (debit) $5,000 Service Revenue (credit) $1,000

6. Accounts receivable $2,500 Service Revenue (credit) $2,500

7. Cash (debit) $2,000 Accounts receivable (credit) $2,000

8. Dividends (debit) $1,000 Cash (credit $1,000

Explanation:

With the above journal format, the account that receives value is debited while the account that gives value is credited. This follows the accounting principle of debiting the receiver and crediting the giver. It shows that assets, expenses, and losses have debit balances while liabilities, equity, gains, and revenues have credit balances.

6 0

3 years ago

According to the "J curve effect," a weakening of the U.S. dollar relative to its trading partners' currencies would result in a

liraira [26]

Answer:

Option B

Explanation:

In economics, the J-curve impact is frequently used to explain, for example, how a nation's trade balance negatively affects briefly after a depreciation of its exchange rate, then gradually recovers, and eventually exceeds its previous results.

If the currency of a country is appreciated, economists note, there may be a reverse J-curve. For importing nations, the country 's products unexpectedly become more competitive. When other countries will meet the gap at a cheaper profit, the stronger currency would weaken its advantage on exports.

5 0

3 years ago

Bruce receives 20 stock rights in a nontaxable distribution. The stock rights have an FMV of $5,000. The common stock with respe

svlad2 [7]

Answer:

c. $5,000

Explanation:

Bruce can deduct loss of $5,000

4 0

3 years ago

Which of the following statements is CORRECT?

Lera25 [3.4K]

Answer:

c. The "apparent," but not necessarily the "true," financial position of a company whose sales are seasonal can change dramatically during a given year, depending on the time of year when the financial statements are constructed.

Explanation:

Financial statements are used to show the financial activity of a business within a given period.

One of the principles of a accounting is periodicity. This requires businesses to report their financial position at regular intervals consistently, and not in an inconsistent manner. So if a business reports their finances twice a year. At year end and at mid year, it is possible that at mid year due to seasonal sales performance will be high and business is perceived to be highly profitable.

But financial report at end of year in the off-season will show low performance.

So for seasonal businesses there can be apparent view of a business during the year that can change dramatically because of time at which reports are made.

3 0

3 years ago

Allocative efficiency occurs:

jonny [76]

Answer:

a. Anywhere inside or on the production possibilities frontier.

Explanation:

In an economy, the allocative efficiency may be defined as the economic state where the production of various goods or services is aligned with the preferences with the consumers.

The allocative efficiency always materializes at the intersection of the supply curves and the demand curves.

On the $\text{equilibrium point,}$ the price for a supply $\text{exactly matches}$ with the demand for the product $\text{for that supply}$ at that price, and thus all the products are sold.

It occurs anywhere on the production possibilities frontier or on the inside of the frontier.

Therefore, the correct option is (a).

5 0

3 years ago