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Sergeeva-Olga [200]
3 years ago
9

"factors of production are the most likely to earn economic rent when they"

Business
1 answer:
soldier1979 [14.2K]3 years ago
3 0
When there is highly inelastic supply of the factor and highly inelastic demand of the factor, in these situations the owners supply factors of production are the most likely to earn economic rent. So, the answer should be:
factors of production are the most likely to earn economic rent when they are highly inelastic supply of factor and highly inelastic demand of the factor.
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Home ownership is desirable for all of the following reason except ?
ololo11 [35]
I think the answer is B because that doesn't seem very desirable 
8 0
3 years ago
Which of the following statements is not correct? Employees have limited protection against surveillance by employers.
babunello [35]

Answer: As with normal first-class mail, employers cannot read employee e-mail."

Explanation:

From the options given, the correct statements are that:

• Employees have limited protection against surveillance by employers.

• The large majority of organizations monitor employee Internet usage.

• The large majority of organizations use URL filtering.

• Employees should be aware that surveillance is legal.

The option that "as with normal first-class mail, employers cannot read employee e-mail" is incorrect. Employers can read the email of their workers.

3 0
3 years ago
If a company adopts an accounts receivable factoring program, and accounts for the factoring as a sale of receivables, which of
horsena [70]

Answer:C. cash flow from operations may increase

Explanation:

A factoring system is one in which a firm sell his right to receive payments on it's receivable to a firm referred to as the factor as a discount in which the amount of discount represents the factor fees for taking up the risk.

The factor may be with or without recourse to the firm selling the receivable.

It's mostly entered into to reduce payment defaults and increase inflow of cash for operations.

The factor company does not need to be a consolidated company,it usually reduce the receivable and does not require a change in accounting principles.

4 0
3 years ago
Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $190,000. The electrical work required for the
Ulleksa [173]

Answer:

The cost recorded for the equipment=$229,550

Explanation:

The total recorded cost of the automatic equipment has to include the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;

T=P+A

where;

T=total cost

P=purchase cost/invoice cost

A=additional costs(electrical work cost+delivery cost+sales tax+repair cost)

In our case;

T=unknown

P=$190,000

A=(20,000+4,000+13,700+1,850)=$39,550

replacing;

T=190,000+39,550=229,550

The total cost=$229,550

The cost recorded for the equipment=$229,550

7 0
3 years ago
LO 8.3When is the direct labor time variance favorable?
ExtremeBDS [4]

Answer:

The correct answer is letter "D": when the actual price is less than the standard price.

Explanation:

Direct labor rate variance compares the existing direct labor costs and normal direct labor costs over the same operating period. Favorable variance in the labor rate can be caused by hiring more unskilled employees, reducing the minimum wage, and incorrectly setting indirect labor costs. Favorable variance takes place when the <em>costs of direct labor are efficient or lower compared to the standard</em>.

4 0
3 years ago
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