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agasfer [191]
3 years ago
14

Which most likely occurs because resources are nonrenewable and because wants and needs are unlimited?

Business
2 answers:
Wittaler [7]3 years ago
8 0

Answer: b). Scarcity

Explanation:

Scarcity refers to the relative shortage of resources in comparison to human wants.

Non-renewable resources refer to the resources which do not renew itself at a sustainable rate and have the risk of depletion. In addition to this, human wants are unlimited, a normal human being wants more and more of everything.

When non-renewable resources and unlimited wants are combined together they lead to the shortage of resources, which lead to its <em>scarcity</em>.  

Nimfa-mama [501]3 years ago
4 0

Answer:

It's B :}

Explanation:

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Succulent Juice Company manufactures and sells premium tomato juice by the gallon. Succulent just finished its first year of ope
Naddik [55]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Number of Gallons Produced 80,000

Number of Gallons Sold 70,000

Sales Price $3.00/gallon

Unit Product Cost (variable costing) $1.45/gallon

Contribution Margin $84,000

Total Fixed Manufacturing Overhead $?

Total Fixed Selling & Administrative $25,000

Variable Selling & Administrative $?Total Fixed Selling & Administrative $25,000

Variable Selling & Administrative $?

Inventory value under absorption costing $29,500

T<u>he difference between the absorption and variable costing method is that the first one includes the fixed manufacturing overhead in the product cost.</u>

Absorption= direct material + direct labor + total unitary overhead

Variable=  direct material + direct labor + unitary variable overhead

First, we will calculate all the missing information:

Sales= 3*70,000= 210,000

Total variable cost= 210,000 - 84,000= 126,000

Unitary varaible cost= 126,000/70,000= $1.8 per unit

Unitary variable selling and administrative= 1.8 - 1.45= 0.35

Unitary inventory production cost (absorption)= 29,500/10,000= $2.95

Unitary fixed manufacturing cost= 2.95 - 1.45= 1.5

Now, we can determine the income statement under absorption and variable costing method:

A<u>bsorption costing:</u>

Sales= 210,000

COGS= 70,000*2.95= (206,500)

Gross profit= 3,500

Total Fixed Selling & Administrative= (25,000)

Variable Selling & Administrative= (0.35*70,000)=

Net operating income= (46,000)

<u>Variable costing method:</u>

Sales= 210,000

Total variable cost= (126,000)

Contribution margin= 84,000

Total Fixed Selling & Administrative= (25,000)

Total fixed manufacturing overhead= (80,000*1.5)= (120,000)

Net operating income= (61,000)

4 0
3 years ago
The Housing Financial Discrimination Act (Holden Act) prohibits all financial institutions from discriminating in real estate lo
Rainbow [258]

Answer:

Redlining

Explanation:

Redlining stems from discrimination that consists denial of services, maybe financial based on the group one may fall under such as race, ethnicity or location. The Holden act(1977) is a real estate act of California meant to protect individuals from discriminations such as ones that involve denial of mortgage loan on the basis of something other than the credit worthiness of the individual . These discriminations could take the form of mortgage loan and, insurance loan denials or other financial services based on creditworthiness history of the group the person may fall under and not necessarily the individual's qualifications on his own

8 0
2 years ago
The demand curve has what kind of slope?
Leto [7]

It is a graph that shows the relationship between the quantity demanded of a commodity at different prices over a given period of time. It is observed that the demand curve slopes downward from left to right. It shows it has a negative slope which implies that consumers purchase more of commodity at lower prices than at higher prices.

Hope this helps and pls give me brainliest

8 0
3 years ago
You have a loan outstanding. It requires making three annual payments at the end of the next three years of $3000 each. Your ban
Oksana_A [137]

Answer:

The final payment would be of amount $9000

Explanation:

The keywords of the question state that the bank needs an equal amount of money by both of the payment procedures. Hence, no matter which payment method I choose on the outstanding loan, the bank would need a sum of 3x3000 = $9000

5 0
3 years ago
Dividends paid to common stockholders ______ be deducted from the payer's taxable income for tax purposes.
Grace [21]

Dividends paid to common stockholders cannot be deducted from the payer's taxable income for tax purposes.

<h3>What is Dividend Payments?</h3>

Dividends are paid only on outstanding shares of common stock. Since the payments are the distribution of a company's profits to its shareholders, dividend payments decrease both the cash and the shareholders' equity balance shown on the issuing corporation's balance sheet.

Since they are paid on each share, the amount of cash distributed to each shareholder is based on the amount of shares they own.

<h3>Are dividends paid to common stockholders?</h3>

Dividends are paid only on outstanding shares of common stock.

A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of either cash or stock. The law may regulate the size of the common stock dividend particularly when the payout is a cash distribution tantamount to a liquidation.

Learn more about Dividends on:

brainly.com/question/25845157

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3 0
1 year ago
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