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Jlenok [28]
3 years ago
10

Assuming diminishing returns, a. the increase in output growth from an increase in the saving rate rises over time, and that, ot

her things the same, poor countries should grow faster than rich ones. b. the increase in output growth from an increase in the saving rate falls over time, and that, other things the same, poor countries should grow faster than rich ones. c. the increase in output growth from an increase in the saving rate rises over time, and that, other things the same, rich countries should grow faster than poor ones. d. the increase in output growth from an increase in the saving rate falls over time, and that, other things the same, rich countries should grow faster than poor ones.
Business
1 answer:
AlladinOne [14]3 years ago
7 0

Answer: D. the increase in output growth from an increase in the saving rate falls over time, and that, other things the same, rich countries should grow faster than poor ones.

Explanation: Diminishing returns is a term used in economics to describe the reduction in marginal output level of a business entity as the amount of a singular factor of production is increased. THE LAW OF DIMINISHING RETURNS IS OF THE FUNDAMENTAL PRINCIPLES IN ECONOMICS OFTEN APPLIED TO PRODUCTION PROCESSES. The law states that if all other factors are kept constant in order to increase the production of a particular product or factor,it will get to a time when the actual increment per unit output will be reduced.

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Munoz, Inc., produces a special line of plastic toy racing cars. Munoz, Inc., produces the cars in batches. To manufacture a bat
cestrela7 [59]

Answer:

Explanation:

1. Calculate the efficiency variance for variable overhead setup costs.

This will be calculated as:

= Standard Hours - Actual Hours) × Standard rate

= (15000/225 × 5.25 - 15000/250 × 5) × 38

= (350 - 300) × 38

= 50 × 38

= 1900 Favourable

2) Calculate the rate variance for variable overhead setup costs.

This will be:

= Standard rate- Actual rate) × Actual Hour

= (38-40) × (15000/250 × 5)

= -2 × 300

= -600 Unfavourable

3) Calculate the flexible-budget spending variance for variable overhead setup costs.

This will be the difference between the standard cost and the actual cost. This will be:

= (15000/225×5.25 ×38) - (15000/250×5 ×40)

= 13300 - 12000

= 1300 Favourable

4) Calculate the spending variance for fixed setup overhead costs.

what formular did you use.

This will be:

= Standard Cost - Actual Cost

= 9975-12000

= -2025 Unfavorable

5 0
3 years ago
Paul pierce is busy working with other managers evaluating the products and businesses making up their company. paul is engaged
garri49 [273]

Paul Pierce is occupied assessing the firms and items that make up their corporation alongside other management. Paul is analyzing his Portfolio Analysis.

Portfolio Analysis is one of the areas of investment management that allows market participants to analyze and assess the performance of a portfolio (equities, bonds, alternative investments, etc.) with the goal of measuring performance on a relative and absolute basis, as well as its associated risks, and also measures how likely it is of meeting the goals and objectives of a given investment mandate. A corporation that sells a variety of goods and services must perform a portfolio analysis on a regular basis. This entails examining each product independently in terms of its profitability, contribution to revenue, and room for expansion. The identification of items that are not at all lucrative or perform poorly within the group is made easier by this study.

To learn more about Portfolio Analysis here

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3 0
10 months ago
Evaluate the extent to which Wal-Mart's previous revenue policy was consistent with the revenue recognition principle.
Kipish [7]

Answer:

Wal-Mart's previous revenue policy was inconsistent with the revenue recognition principle.  It used to recognize revenue when performance obligations have not been met.

Explanation:

In response to SAB 101 issued by the Stock Exchange Commission in 1999, Wal-Mart changed its revenue recognition policy for layaway transactions.  Layaway transactions are those in which Wal-Mart sets aside merchandise for customers who make partial payment.  Before SAB 101, Wal-Mart recognized all revenue on the sale at the-time of the layaway. After the change, Wal-Mart does not recognize revenue until customers satisfy all payment obligations and take possession of the merchandise.

4 0
2 years ago
The following transactions took place for Smart Solutions Inc. 2017 a. July 1 Loaned $79,000 to an employee of the company and r
OLEGan [10]

Answer:

a.

1 July 2017  Notes receivable      $79000 Dr

                           Cash                           $79000 Cr

b.

31 Dec 2017  Interest receivable   $3950 Dr

                           Interest revenue        $3950 Cr

c.

30 June 2018  Interest receivable     $3950 Dr

                              Interest Revenue       $3950 Cr

1 July 2018       Cash                             $7900 Dr

                             Interest receivable       $7900 Cr

d.

1 July 2018   Cash                                   $79000 Dr

                             Notes receivable             $79000 Cr

Explanation:

a.

The receipt of note against issuing loan will cause a credit to cash against notes receivable.

b.

The interest from July to Dec 2017 relates to 2017. Following accrual principle it will be recorded as interest revenue and as it is not received so an asset Interest receivable will be debited.

The interest expense for 6 months is = 79000 * 0.1 * 6/12 = 3950

c.

First we will record the remaining interest on 30 June 2017. Remaining interest = 7900 - 3950 = 3950

Then we will debit cash on July 1 when interest is received and credit interest receivable to close the account.

d.

The cash will be debited and notes receivable account will be closed by crediting it.

8 0
2 years ago
Ok dry-cleaning advertises so effectively that the regular customers of its competitor purity cleaners patronize ok instead of p
Kay [80]

Answer: None of the choices

Explanation:

None of the choices are correct. It is an example of NO TORT. A tort occurs when a claimant suffers harm or loss as a result of the action of another person. An example of a tort is theft. claims what belongs to another person.

In this case, it is a no tort as customers willingly go to Ok dry cleaning. One factor which enhanced the transfer of customers from Purity to Ok dry cleaning is advertisement.

3 0
3 years ago
Read 2 more answers
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