1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ale4655 [162]
3 years ago
14

The law of increasing costs means that when an economy increases the production of one item

Business
1 answer:
KonstantinChe [14]3 years ago
3 0
The law of increasing costs means that when an economy increases the production of one item the opportunity cost goes up. It <span> is a principle that states that once all factors of production (land, labor, capital) are at maximum output and efficiency, producing more will </span>cost<span> more than average.</span>
You might be interested in
Explain the difference between a flat tax and a graduated income tax. in your own words.​
Lelechka [254]

Answer:

flat tax is a set percentage that dies not change

graduated tax changes according to the amount being taxed. usually, the higher the amount, the higher the tax rate is.

8 0
3 years ago
Putting together two or more parcels of land to make a large piece is called:________.
NeTakaya

Answer:

Assemblage.

Explanation:

In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.

<em>For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000. </em>

6 0
3 years ago
Adjusts the accounts at the end of each month. cruella's adjusting entry at the end of february should include a debit to rent e
Sauron [17]

After each month, adjust the accounts. Cruella's adjusting entry at the end of February should include a debit to rent expense for $100.

<h3>What is an adjusting entry?</h3>

Adjusting entries refer to a set of journal entries recorded at the end of the accounting period to have updated and accurate balances of all the accounts. The main purpose of adjusting entries is to communicate an accurate picture of the company’s finances. The management can have a proper look into the financial statements knowing that Everything that occurred during the month is reported, even if the financial part of the transaction would have been warranted to have occurred at a later stage.

To learn more about adjusting entries, visit;

brainly.com/question/4035835

#SPJ4

8 0
2 years ago
On December 31, 2016, Avery Corporation paid $18,000 for next year's insurance policy.
Aleonysh [2.5K]

Answer:

C. Prepaid insurance 18,000  debit

                       Cash             18,000 credit

Explanation:

The company will do a mistake if it reocrd this as a mistake as it will be posting an expense for an evnt that take place during the next accounting cycle (2017) As the insurance will be outstanding during that period not the one ending.

Also it is not an expense as the insurance company now has the obligation to perform if something happens So we have an asset right now, through time and as long as the insurance is not executed we will declare the expenses.

But for now, it is an asset.

8 0
3 years ago
If nothing is stated to the contrary in terms of an auction, an auction is presumed to be ________.
KATRIN_1 [288]

Answer: with reserve

Explanation: If nothing is stated to the contrary in terms of an auction,an auction is presumed to be ________.

A)non-binding

B)a quasi-contract

C)without reserve

D)with reserve

E)an implied-in-law contract

An auction is presumed to be with reserve if nothing is stated to the contrary (in terms of an auction). What this means is that the seller is merely expressing or showing his intent to receive offers. In contrast, however, if an auction is without reserve, the lowest bid must be accepted by the auctioneer but if it is with reserve, the auctioneer may refuse to sell the item if he is not satisfied with the size of the highest bid.

3 0
3 years ago
Other questions:
  • All the following items are similar to each other except one. Which item is least like the others?
    8·1 answer
  • Technician A says that many oil pumps are driven directly off the front of the crankshaft. Technician B says that others are dri
    6·1 answer
  • A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a: Multiple Choice Fi
    12·1 answer
  • Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt
    6·1 answer
  • Thornton Universal Sales' cost of goods sold (COGS) average $2,000,000 per month, and it keeps inventory equal to 50% of its mon
    7·1 answer
  • A decrease in direct materials costs often results in a,a. Favorable sales volume variance. b. None of the answers are correct.
    8·2 answers
  • Cantor Co. purchased a coal mine for $2,000,000. It cost $500,000 to prepare the coal mine for the extraction of the coal. It wa
    8·1 answer
  • What is a type of mediation that refers to the creation of new kinds of intermediaries that simply could not have existed before
    8·1 answer
  • Select all the words that are associated with Demand
    10·1 answer
  • TB MC Qu. 16-98 At the beginning of the recent... At the beginning of the recent period, there were 1,020 units of product in a
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!