If a country has the capacity to produce 3 million cars and 100 million tons of ion ore, but is only able to produce 2 million cars and 75 million tones of ire one, the country is underutilizing it's natural resources and productivity.
In business terms, the country has the capacity to produce over 1 million more cars and 25 million tones of more iron ore. The country is losing out on billions of dollars of revenue.
True. Different types of tables do different types of things.
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Answer:
c. $18,000 in the common and $2,000 in the preferred.
Explanation:
Carrie's total basis on her investment hasn't changed and it remains at $20,000, what has changed is how that basis is distributed.
Since the current value of common stock + preferred stock = $72,000 + $8,000 = $80,000:
- Carrie's basis in preferred stock = ($8,000 / $80,000) x $20,000 = $2,000
- Carrie's basis in common stock = ($72,000 / $80,000) x $20,000 = $18,000
Improved utilization of facilities and labor is an aspect that cannot be considered as a benefit of MRP. Therefore, the option E holds true.
An MRP, or maximum retail price, can be referred to or considered as an aspect that demonstrates about the effects of the maximum price at which a product can be offered to the consumers for sale. MRP, however, in no way represents the minimum amount at which a product is being offered for sale in the market.
Maximum Retail Price also states about the fact that there is a chance of responding quickly to changes in the prevailing or the existing market conditions.
Learn more about MRP here:
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