Answer:
This is because if they keep on increasing their output they run into increasing marginal costs and/or they run out of capacity.
In the sort run, firms can not increase their output without limit. If they do, they will increase their marginal costs. This is because they will start to outstrip their capacity to produce. Since we are talking about the short run, they will not be able to increase that capacity.
Answer:
All that is true regarding local government budgets:
Large portions of local budgets support elementary education.
Revenue comes from intergovernmental payments.
Expenditures include police and fire departments.
Explanation:
Local government budgets in the U.S.A. are detailed financial, operational, and policy documents that give details about the services being rendered by the local government. They specify who gets what services, how much of the services, and who pays for the services.
Local government budgets are done at three main levels, depending on the state. The levels are the city, town, and county levels. These levels of government are headed by the mayor, CEO or manager, either appointed or elected, again depending on the state, with power balanced by the legislature, which is always elected. There are also budgets for specialized projects and purposes.
Funding for local government budgets generally comes from taxes and levies, with support from the state and federal governments.
The largest employer in the country which can also be regarded as largest purchaser of goods as well as services is U.S. federal government.
- U.S. federal government can be regarded as national government of the United States, which is composed of self-governing territories as well as several island.
- She serve as one of the major force in the world market, and that is why many countries relied on their exports.
Therefore, U.S. federal government is right.
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Answer:
$218,000
Explanation:
Account receivable balance = Credit sales - Cash collection - Wrote-offs
Account receivable balance = $2,200,000 - $1,950,000 - $32,000
Account receivable balance = $218,000
So, the accounts receivable balance would Dinty report in its first year-end balance sheet is $218,000