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Irina-Kira [14]
3 years ago
6

Suppose there is a major technological advance in the production of a good that causes production costs to fall. If demand for t

he product is relatively inelastic, what will happen in the market? Price will relatively decrease greater than the increase in quantity. Price and quantity will change by the same amount. Price will relatively decrease less than the increase in quantity.
Business
1 answer:
victus00 [196]3 years ago
6 0

Answer:

major key

Explanation:

the decrease of the price and quantity

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If Brazil gives up three automobiles for each ton of coffee it produces, while Peru gives up seven automobiles for each ton of c
solmaris [256]

Answer: coffee; coffee

Explanation: The less the automobiles given up the more they can make returns in the coffee productions

5 0
3 years ago
Sunland Company issued its 9%, 25-year mortgage bonds in the principal amount of $2,990,000 on January 2, 2006, at a discount of
sveticcg [70]

Answer:

Cash                 2,839,000 debit

discount on BP     151,000 debit

          Bonds Payabl*e          2,990,000 credit

--to record bonds issuance--

interest expense 275,140 debit

        discount on BP          6,040 credit

        cash                         269,100 credit

--to record interest payment--

Explanation:

We will cacualte the cash outlay per interest paymenr

2,990,000 x 9% = 269,100 cash outlay

Then, we divide the discount over the life of the bond to knwo the depreciation:

amortization 151,000 / 25 = 6040

interest expense: 269,100 + 6040 = 275,140

As both, the amortization and cash putlay are fixed th interest entry repeats it selft each year.

4 0
3 years ago
Which of these assumptions is often realistic for a firm in the short run? a. The firm can vary both the size of its factory and
Romashka-Z-Leto [24]

Answer:

The correct option here is C) the number of workers can be varied but not size of factory.

Explanation:

In the short run it would not be possible to shift or vary the size of factory and even if they try doing that it will talk lot of time and cost , which is in no way beneficial for the firm. But what firm can do is vary the number of workers they employ, like if they want to take advantage of economies of scale , they can do that by assigning less tasks to employees and for that they can make changes in the number of employees as per the requirement.

6 0
3 years ago
If you have a question regarding a compliance concern, or you suspect illegal or unethical documentation or business procedures
katovenus [111]

Answer:

The correct answer is Supervisor.

Explanation:

The supervisor is in a position of hierarchical superiority, as he or she has the ability or the power to determine whether the supervised action is correct or not.Therefore, supervision is the act of monitoring certain activities in such a way that they are carried out in satisfactory way.

Supervision is mainly used in companies, where the supervisor position usually exists. In this sense, supervision is a technical and specialized activity whose purpose is the rational use of productive factors. The supervisor is responsible for ensuring that the company's workers, raw materials, machinery and all resources are coordinated to contribute to the company's success.

6 0
3 years ago
At September 1, 2017, Five-O Inc. reported retained earnings of $136,000. During the month, Five-O generated revenues of $20,000
Ahat [919]

Answer:

correct answer is $142,000 credit

Explanation:

given data

retained earnings = $136,000 credit

revenues = $20,000

expenses = $12,000

purchased equipment = $5,000

paid dividends = $2,000

solution

we get here first net income that is

net income = revenues  - expenses  ...........1

net income = $20,000 - $12,000

net income = $8,000

now we get here balance in retained earnings that is

balance of retained earning = Retained Earnings + net income - dividends ..........2

balance of retained earning = $136,000 + $8,000 - $2,000

balance of retained earning = $142,000  credit

 so correct answer is $142,000 credit

4 0
3 years ago
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