Answer:
True
Explanation:
Using your resources wisely means using the smallest amount of resources to produce the greatest amount of output. In terms of the economic efficiency , when all goods and factors of production in an economy are distributed or allocated to their most valuable uses and waste is eliminated or minimized. Economic efficiency is when every scarce resource in an economy is used and distributed among producers and consumers in a way that produces the most economic output and benefit to consumers. Economic efficiency can involve efficient production decisions within firms and industries, efficient consumption decisions by individual consumers, and efficient distribution of consumer and producer goods across individual consumers and firms. Effective management is described a use staff, time and resources wisely to minimize unnecessary cost to the organization.
Answer:
it's a machine that helps you copy photos or papers
Agriculture, forestry and fishing
Answer:
The correct answer is letter "D": the minimum wage.
Explanation:
Price floors are limits imposed by the government on certain prices securing those prices will not fall below what the regulation establishes. Price floors benefit providers of goods and services by allowing them to earn at least a minimum amount to cover the operations of their businesses.
<em>The minimum wage set by the government is an example of a price floor since, by law, no employee should earn less then what the minimum wage is given a certain period otherwise the employee could be fined.</em>
$5200 is the amount of service revenue should be recorded as an adjusting entry on December 31, 2018
Solution:
Athens Delivery Service is hired on October 31, 2018 to perform services:
=> 6 month contract at $2,600 a month
Then , Nov 1 - Dec 31 = 2 months
i.e 2,600 * 2 = $5200
$5200 is the amount of service revenue should be recorded as an adjusting entry on December 31, 2018
