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3 years ago

Define the business cycle.

Business

2 answers:

Tpy6a [65]3 years ago

6 0

a cycle or series of cycles of economic expansion and contraction.

fgiga [73]3 years ago

3 0

Answer:

The business cycle, also known as the economic cycle or trade cycle is the movement of a domestic product around it’s long term growth trend.

Explanation:

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If bread is produced by using a constant returns to scale production function, then if the: A) number of workers is doubled, twi

nekit [7.7K]

Answer: Option (C) is correct.

Explanation:

Constant returns to scale production function: When there is an increase in inputs (i.e capital and labor) as a result output increases by the same proportion.

For example: If the amounts of equipment and workers are both doubled in the production of bread then as a result the output of bread also doubled.

Suppose the capital and labor increases by 10% then as a result output also increases by 10%.

5 0

3 years ago

Describe some of the actions taken by the monsanto corporation to control the seed industry:

koban [17]

Some of the actions taken by the Monsanto Corporation to control the seed industry are: Purchasing of competing seed companies. Application of patents on Monsanto seeds. Forcing farmers to purchase new seed yearly instead of re-sowing existing seed. And lobbying for legislation in seed handling that favors Monsanto's processes.

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3 years ago

Read 2 more answers

Machinery was purchased for $460000 on January 1, 2022. Freight charges amounted to $15000 and there was a cost of $34000 for bu

Andrews [41]

Answer:

The amount of accumulated depreciation at December 31, 2023 = $88,800.

Explanation:

Determining the actual acquisition cost.

The actual acquisition cost = Purchase value + freight charges + Installation costs.

The actual acquisition cost = 460,000 + 15,000 + 34,000.

The actual acquisition cost = $509,000.

Determining the depreciable cost.

The depreciable cost = acquisition cost - Salvage value.

The depreciable cost = 509,000 - 65000.

The depreciable cost = $444,000.

Determining annual depreciation expense.

Annual depreciation expense = depreciable cost / number of years.

Annual depreciation expense = 444,000 / 10.

Annual depreciation expense = 44,400.

Determining the accumulated depreciation .

The accumulated depreciation = annual depreciation expense × number of years.

The accumulated depreciation = 44,400 × 2.

The amount of accumulated depreciation at December 31, 2023 = $88,800.

6 0

3 years ago

When different sequences of operations are required for creating small batches of different products, the type of design or layo

damaskus [11]

Product design but I’m also a little convinced it’s also product layout

3 0

2 years ago

The accounting cycle starts with a.closing out the periodic accounts. b.recording the transaction based on the information in a

saul85 [17]

Answer:

letter b, recording the transaction based on the information in a source document

Explanation:

The "Accounting Cycle" follows a series of steps in order to assist the accounting transactions of a company or business. It starts with the "Transaction step" (the first step) where the source documents have to be examined in order to analyzed transactions. This also includes the recording of the transaction in the journal.

This step is followed by Posting the Entries into the Ledger Accounts, Preparing the Unadjusted Trial Balance, Adjusting the Journal Entries, Preparing the Adjusted Trial Balance, Recording Reversing Entries, Preparing Post-Closing Trial Balance, Record Closing of Entries and Preparing Financial Statements.

6 0

3 years ago