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Romashka-Z-Leto [24]
3 years ago
13

An economy's resources: are always fully employed. can always be over-utilized. can be over-utilized, but only temporarily. can

never be over-utilized.
Business
1 answer:
irakobra [83]3 years ago
7 0

Answer:

The correct answer is could be over- utilized, but for temporarily

Explanation:

Economy resources are those resources or the factors which are used while producing the goods and the services. It could be divided or classified among  human resource like management and labor and the non- human resources like technology, land and capital goods.

So, the economy resources could be over- utilized, but for temporarily through adding the shifts as well as running the equipment for longer but the machines could break down and the labor tires, therefore the over utilization cannot be sustained.

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In 2000 Amelia was being paid $7,200 per week. The CPI was 0.418 in 2000. In 2020 Amelia found a job paying $35,000 per week. Th
AleksAgata [21]

Answer:

Explanation:

Real wage is defined as the nominal wage divided by the general price level, CPI. It is also the purchasing power of nominal wage.

Nominal wages are the wages received by a worker in the form of money.

Given:

In 2000:

Amelia nominal salary = $7,200 per week. CPI = 0.418

In 2020:

Amelia nominal salary = $35,000 per week

CPI = 2.40

Where CPI is an inflation measure.

Real salary = salary /(1 + inflation rate)

Inflation rate = (CPI2 - CPI1)/CPI1 × 100

Real salary I = salary/CPI

Real salary in 2000 = 7200/0.418

= $17224.88 per week

Real salary in 2020 = 35000/4.74

= $7384 per week

Nominal salary in 2000 compared to that in 2020,

Finding the difference = $7200 - $35000

= -$27800 per week

Real salary in 2000 compared to that in 2020,

Finding the difference = $17224.9 - $7384

= $9840.9 per week

7 0
3 years ago
Lawrence Reed in his article "The Role of Incentive" states that the best way to curb pollution and misuse of resources is to?
katovenus [111]

Answer:

Like the title of the article states, all economy relayed choices are the results of an incentive or disincentive a potential polluter faces. He gave the example of the Lake Erie, stating that is highly reasonable (although highly unethical) it is polluted, as it is financially efficient to simply dump garbage in the lake, rather than invest in a recycling or waste management system. He also added, that since the lake is a public good, no one will look at the pollution as a serious concern, since it isn't owned by anybody.

All of this implies that a structured, incentive system has to be created in order to curb pollution.

7 0
3 years ago
The business cycle is thea.predictable changes in economic activity due to changes in government spending and taxes.b.irregular
Nitella [24]

Option B

The business cycle is irregular fluctuations in economic activity.

<u>Explanation:</u>

The business cycle is the constant rise and decline of financial growth that transpires overhead time. A cycle is a valuable mechanism for probing the market. It can further assist you to perform more reliable monetary choices. The state administration handles the business cycle.

The business cycle depicts the germination and bankruptcy in the making yield of assets and services in a marketplace. Business cycles are usually estimated relating to the boom and recession in the actual entire domestic goods or modified for inflation.

4 0
2 years ago
A Liquidation of a partnership LO P5 Kendra, Cogley, and Mei share income and loss in a 3:2:1 ratio (in ratio form: Kendra, 3/6;
morpeh [17]

Answer:

a. Inventory is sold for $608,400.

gain on sale of inventory = $608,400 - $537,600 = $70,800

allocation of gain:

Kendra 1/2 x $70,800 = $35,400

Cogley 1/3 x $70,800 = $23,600

Mei 1/6 x $70,800 = $11,800

Dr Cash 608,400

    Cr Inventory 537,600

    Cr Gain on sale of inventory 70,800

Dr Gain on sale of inventory 70,800

    Cr Kendra, capital 35,400

    Cr Cogley, capital 23,600

    Cr Mei, capital 11,800

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Kendra, capital 112,100

Dr Cogley, capital 196,175

Dr Mei, capital 146,025

    Cr Cash 454,300

b. Inventory is sold for $469,200.

loss on sale of inventory = $469,200 - $537,600 = -$69,400

allocation of loss:

Kendra 1/2 x $68,400 = $34,200

Cogley 1/3 x $68,400 = $22,800

Mei 1/6 x $68,400 = $11,400

Dr Cash 469,200

Dr Loss on sale of inventory 68,400

    Cr Inventory 537,600

 

Dr Kendra, capital 34,300

Dr Cogley, capital 22,800

Dr Mei, capital 11,400

    Dr Loss on sale of inventory 68,400

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Kendra, capital 42,400

Dr Cogley, capital 149,775

Dr Mei, capital 122,825

    Dr Cash 315,100

c) c. Inventory is sold for $358,800 and any partners with capital deficits pay in the amount of their deficits.

loss on sale of inventory = $358,800 - $537,600 = -$178,800

allocation of loss:

Kendra 1/2 x $178,800 = $89,400

Cogley 1/3 x $178,800 = $59,600

Mei 1/6 x $178,800 = $29,800

Dr Cash 358,800

Dr Loss on sale of inventory 178,800

    Cr Inventory 537,600

 

Dr Kendra, capital 89,400

Dr Cogley, capital 59,600

Dr Mei, capital 29,800

    Dr Loss on sale of inventory 178,800

Dr Cash 12,700

    Cr Kendra, capital 12,700

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Cogley, capital 112,975

Dr Mei, capital 104,425

    Dr Cash 217,400

   

d. Inventory is sold for $298,800 and the partners have no assets other than those invested in the partnership.

loss on sale of inventory = $298,800 - $537,600 = -$238,800

allocation of loss:

Kendra 1/2 x $238,800 = $119,400

Cogley 1/3 x $238,800 = $79,600

Mei 1/6 x $238,800 = $39,800

Dr Cash 298,800

Dr Loss on sale of inventory 238,800

    Cr Inventory 537,600

 

Dr Kendra, capital 119,400

Dr Cogley, capital 79,600

Dr Mei, capital 39,800

    Dr Loss on sale of inventory 238,800

Dr Cogley, capital 28,467

Dr Mei, capital 14,233

    Cr Kendra, capital 42,700

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Cogley, capital 64,508

Dr Mei, capital 80,192

    Dr Cash 144,700

6 0
3 years ago
The probability that inventory will remain in stock based upon a specified level of Safety Stock is called: A. The Order-Up-To L
horsena [70]

Answer:

The answer is "Option D".

Explanation:

The system's performance is gauged only by the level of service. The quality of service specifies the percentage of such goals which should be met. That likelihood of stock remaining in inventory based on a set level of Security Stock is referred to as the service level. Ex: In a contact center, the number of calls that are addressed. That percentage of consumers who have waited less than a fixed amount of time.

4 0
3 years ago
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