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morpeh [17]
2 years ago
5

During periods of economic growth, consumers buy more goods and services. This causes businesses to produce _____ goods and serv

ices. more fewer the same
Business
2 answers:
fomenos2 years ago
5 0
More, hope this helps!
Nitella [24]2 years ago
3 0

The correct answer is More

Explanation:

Economic growth periods imply an increase in production or supply; this means more goods and services are produced than before. At the same time, during these periods inflation reduces, and individuals have more money to buy products and services. As a result demand increases and this leads to more production. This also implies the prices of products decrease, and often wages increase due to more profits. According to this, during periods of economic growth consumers buy more goods and services and due to this, businesses produce more goods and services.

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Hollandaise contains mostly
alexdok [17]
Hiya! hollandaise sauce mostly contains equal parts of egg yolk and butter.
8 0
3 years ago
Your friend Scotty informs you that in 2019 he received a tax-free reimbursement of some medical expenses he paid in 2018. Which
DanielleElmas [232]

Answer:

c.Scotty did not itemize deductions in 2018

Explanation:

Itemized deductions can be defined as a form of eligible expenses in which individual taxpayers can claim on federal income tax returns which will in turn reduce their taxable income, and this is said to be often claimable in place of a standard deduction, only in a situation where it is available which is why ITEMIZED DEDUCTIONS are expenses that are allowed by the IRS that can decrease your taxable income because when an individual itemize on his or her tax return, such individual can opt to pick and choose from the multitude of individual tax deductions out there instead of taking the flat-dollar standard deduction.

Therefore based on the Scotty scenario the statements that best explains why Scotty is not required to report the reimbursement in gross income is :Scotty did not itemize deductions in 2018

3 0
3 years ago
At the cost-minimizing combination of factors: Select one: a. the MPP of all factors will be equal b. the MFC of all factors wil
kow [346]

Answer:

D) the ratio of MPP to factor price will be the same for all factors

Explanation:

The ratio of marginal physical product (MPP) is calculated by dividing the change in total physical output by change in variable input.

In order to minimize costs, producers must combine factors so that the ratio of MPP to factor price will be the same for all factors. This way the amount of physical product produced with require the constant additions of factors of production, in other words, the marginal cost remains constant.

6 0
3 years ago
Assume a $170,000 investment and the following cash flows for two products: Year Product X Product Y 1 $ 40,000 $ 60,000 2 60,00
Arturiano [62]

Answer:

a. Product X = 3.50 years

   Product Y = 3.25 years

b. Product Y

Explanation:

The cash flows for the two products as well as the balance at the end of each year is given as follows:

Initial\ balance = -170,000\\\\\begin{array}{ccccc}Year&Product\ X&Product\ Y& Balance\ X& Balance\ Y\\1&40,000&60,000&-130,000&-110,000\\2&60,000&70,000&-70,000&-40,000\\3&50,000&30,000&-20,000&-10,000\\4&40,000&40,000&20,000&20,000\end{array}

For both products, the payback period is reached between the third and fourth year.

Product X:

Payback = 3+\frac{20,000}{40,000} = 3.50\ years

Product Y:

Payback = 3+\frac{10,000}{40,000} = 3.25\ years

Under the payback method, the alternative that presents the shortest payback period should be selected. Therefore, Product Y should be selected.

3 0
3 years ago
The following expenditures relating to plant assets were made by Prather Company during the first 2 months of 2020. Opposite eac
hammer [34]

Answer: Please refer to Explanation

Explanation:

1.Paid $5,000 of accrued taxes at time plant site was acquired.

LAND ACCOUNT because it is to be capitalized as it was part of the Acquisition Cost.

2.Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit.

EQUIPMENT ACCOUNT as it is part of Acquisition Cost.

3.Paid $850 sales taxes on new delivery truck.

EQUIPMENT ACCOUNT as it is again part of Acquisition Cost.

4.Paid $17,500 for parking lots and driveways on new plant site.

LAND IMPROVEMENT ACCOUNT

5.Paid $250 to have company name and advertising slogan painted on new delivery truck.

EQUIPMENT ACCOUNT as it is a cost of setting the PPE up.

6.Paid $8,000 for installation of new factory machinery.

EQUIPMENT ACCOUNT as this expense is again part of setting the equipment up.

7.Paid $900 for one-year accident insurance policy on new delivery truck.

PREPAID INSURANCE because this is a periodic cost and those are not capitalized as they provide only a short term benefit.

8.Paid $75 motor vehicle license fee on the new truck.

LICENSE EXPENSE because it is also a period cost.

6 0
2 years ago
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