Ask question

Ask question

All categories

3 years ago

11

If the consumption of a good by one individual does not change the amount of the good available to others, the good is considere

d to be
a. nonrival-in-consumption.
b. durable.
c. a common good.
d. a natural resource.

1 answer:

Pepsi [2]3 years ago

3 0

Answer:

A. nonrival-in-consumption is the correct answer.

Explanation:

You might be interested in

A study of labor force participation rates of women in the post-World War II period noted:

Andru [333]

The correct answer is C) labor-saving advances in households.

A study of labor force participation rates of women in the post-World War II period noted:

Over the long run, women have joined the paid labor force because of a series of changes affecting the nature of work. Primary among these was labor-saving advances in households.

This is an important factor because new inventions and technology have allowed women to leave the house in order to have an education an enter the job force in the corporate world because they have shown the be very capable to perform jobs in industries and companies, at the highest levels. Today, many families need a double income in the house in order to make a decent living. So it is common to see the father and the mother having a job.

6 0

3 years ago

Read 2 more answers

The ________ simplifies the interaction of two groups, firms and households, and allows us to make predictions about economic be

vladimir1956 [14]

Answer:

Circular flow diagram.

Explanation:

The circular flow diagram simplifies the interaction of two groups, firms and households, and allows us to make predictions about economic behavior.

The firm sells their goods and services in the market while the household buys these goods and services.

Hence, the circular flow diagram represents the interaction between the household and firms with respect to the market.

3 0

3 years ago

Osborn Manufacturing uses a predetermined overhead rate of 18.20 per direct labor-hour. This predetermined rate was based on 12,

Leto [7]

The correct statement is that the under applied overheads for Osborn Manufacturing Company is calculates as a negative balance of $5700 at the overhead rate of $18.20.

Explanation:

The calculation of the overhead costs is done by using the formula for under applied overheads and calculating the required values from such given information.

Calculation of manufacturing overheads

The formula for the calculation of manufacturing overheads whether under applied or over applied can be determined is as below,

Under - applied Overheads = Applied Overhead - Actual overhead

However, to calculate further the actual overheads can be calculated as below by applying the given values to the formula,

Applied Overheads = Actual Level of Direct labour hours x overhead rate hours

Applied Overheads = 11500 x 18.20

Applied Overheads = $209300

Now applying the values to the formula, we get,

Under - applied Overheads=209300 - 215000

Under - applied Overheads = -$5700

Hence, the correct statement is that under applied overheads for Osborn Manufacturing Company is calculated as a negative balance of $5700 at the overhead rate of $18.20.

Learn more about manufacturing overheads here:

brainly.com/question/13214087

#SPJ4

5 0

1 year ago

Calculating Returns Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, a

Lostsunrise [7]

When ending share price is $98, capital gain yield is 12.64% and dividend yield is 2.47%. Percentage total return is 15.11%. When ending share price is $78, percentage price return is -7.87%.

<h3>What is the percentage total return?</h3>

The price return on a stock has two components; the price appreciation and the dividend yield.

Percentage price return = price appreciation + dividend yield

Price appreciation = (price in on year - initial price) / initial price

Dividend yield = dividend / initial price

Percentage price return when ending share price is $98:

Capital gain yield = [(98 /87) - 1 ] = 12.64%

Dividend yield = (2.15/87) = 2.47%

Percentage price return when ending share price is $78:

Capital gain yield = [(78/87) - 1] = -10.34%

Dividend yield = (2.15/87) =2.47%

Percentage price return = -7.87%

To learn more about dividend yield, please check: brainly.com/question/27342287

#SPJ1

3 0

2 years ago

A company had service revenue of $257,000, rent expense of $10,700, utility expense of $4,200, salary expense of $19,200, deprec

Reil [10]

Answer:

Income summary has a $208,630 credit balance before being closed

Explanation:

The closing entries should be:

Dr Service revenue 257,000

Cr Income summary 257,000

Dr Income summary 48,370

Cr Rent expense 10,700

Cr Utility expense 4,200

Cr Salary expense 19,200

Cr Depreciation expense 9,700

Cr Advertising expense 4,570

Income summary

Debit Credit

<u>18,370 257,000</u>

208,630

In order to close income summary:

Dr Income summary 208,630

Cr Retained earnings 208,630

If you want to close dividends:

Dr Retained earnings 18,700

Cr Dividends 18,700

7 0

3 years ago