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Mademuasel [1]
3 years ago
13

What makes a project productive? What makes a project counterproductive? Explain.

Business
1 answer:
sineoko [7]3 years ago
3 0

Answer:

Productive projects mean people are benefitting from the projects, a counterproductive project would mean resources are being wasted and no one is benefiting. When property rights are well defined and enforced, businesses in a market economy will then have a strong incentive to undertake productive projects.

Explanation:

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You are the manager of a theater. At present the theater charges the same admisssion price of $8 to all customers, regardless of
Goshia [24]

Answer:

Explanation:

Provided that the demand is inelastic, there would be an increment in revenue.

Total revenue is calculated as the quantity of a good sold multiplied by its price.

There is a close interrelation between price elasticity of demand and total revenue, in the sense that they deal with the same two variables - which are price and quantity.

If the product has an elastic demand, revenue can be increased by decreasing the price of the good. Q will increase at a greater rate, while  P will decrease,  thereby, increasing the total revenue.

If the product has an inelastic demand, then the prices of goods can be increased and sold slightly less of that item but a higher revenue must be obtained.

7 0
3 years ago
True or False. Expense for a quality-assurance warranty is recorded along with the related liability in the reporting period in
Novosadov [1.4K]

Answer:

True

Explanation:

Whenever a company sells products that may generate warranty expenses, it must estimate the warranty expenses associated with the products sold.

It must credit a warrant liability account, and as the warrant claims are made, the company must debit a warranty expense account.

5 0
3 years ago
chen is looking for information for a speech about starting your own business. what is the best example of a periodical chen mig
Nataly [62]

The best example of a periodical Chen might use as research is the act small sba.gov. Thus option B is correct.

<h3>What is Research?</h3>

Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.

In the given case, it is explained that Chen is looking for information for a speech about starting his own business. The information which is considered reliable is taken from a portal that is authentic is government portal.

A government portal provides accurate facts and information and helps an individual to understand trends in entrepreneurship.

Therefore, option B is appropriate.

Learn more about Research, here:

brainly.com/question/18723483

#SPJ1

3 0
1 year ago
Read 2 more answers
Taylor and Sons buys equipment on Aug. 1, 2008 for $100,000 cash. They estimatethe equipment will have a salvage value of $13,00
larisa86 [58]

Answer:

Journal Entry

Dr.  Depreciation Expense        $7,250

Cr. Accumulated Depreciation $7,250

Explanation:

Depreciation is a expense which is charged against an asset over its useful life due to wear and tear of that asset. This expense is recorded as and Expense in Income statement and accumulated in an contra asset account asset account until the disposal of the asset.

Cost of Equipment = $100,000

Useful life of the asset = 5 years

Salvage value of the asset = $13,000

Depreciable value of the asset will be expenses equally every year over 5 years.

Depreciable value = Cost of the asset - Salvage value = $100,000 - $13,000 = $87,000

Depreciation Expense = Depreciable Value / Useful Life of the asset = $87,000 / 5 years = $17,400 per year

As only 5 month have been passed in 2008, the depreciation expense account will be charged as follow

Depreciation charge in 2008 = $17,400 x 5 / 12 = $7,250

8 0
3 years ago
A division's return on investment may be improved by increasing:
Kisachek [45]

Answer:

The correct answer is letter "A": capital turnover or sales margin.

Explanation:

Return on Investment, or ROI, measures the amount of return on an investment relative to the cost of investment. The return of an investment is divided by its cost to calculate ROI. The result is expressed as a percentage or as a ratio. Investments with positive ROI are likely to be successful while those with negative figures are possible to end up in losses.

<em> </em>

<em>To increase a division's ROI, the firm can increase the capital turnover (capital assets that allow the company to profit) or the sales margin (the difference between costs and the net profit of selling a unit of a product).</em>

5 0
3 years ago
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