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gregori [183]
3 years ago
13

Economic profits and losses:__________.

Business
1 answer:
antiseptic1488 [7]3 years ago
3 0

Answer:

b. are both considered by economists to be a part of production costs.

Explanation:

  • The economic profits and the loss are the difference between the revenues that ate received form the sales of an output and cost of an input applied. These cost of the inputs and in the calculation of the both these costs are deduced from the revenue costs.
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Extraction of petroleum from oil sands causes environmental degradation at the extraction site and its surroundings. how does th
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Petroleum is burned by people as energy. Both air pollution and climate change are made worse by the petroleum made from tar sands oil.

Petroleum is Extraction of petroleum from oil sands causes environmental degradation at the extraction site and its surroundings burned by people as energy. Both air pollution and climate change are made worse by the petroleum  made from tar sands oil. When petroleum is extracted from oil sands, the ecosystem is harmed both at the extraction site and in the area where it is burned for energy. The petroleum produced from tar sands oil exacerbates both climate change and air pollution.

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8 0
2 years ago
It's the end of the accounting period and no electric bill has been received (but expense has been incurred. ; you should record
Sati [7]
You should make note of the fact that no bill was received but you did make the payment. 
8 0
3 years ago
Read 2 more answers
The next wave of marketable innovations may involve new ways to produce and conserve energy. If we can turn new technology into
Whitepunk [10]

Answer:

The correct answer is a) Gross domestic product (GDP)

Explanation:

Gross domestic product (GDP) is a fiscal measure of the market value of all the final goods and services produced annually. There are two types of GDP, nominal and Real.

8 0
3 years ago
The balance sheet of Cattleman's Steakhouse shows assets of $85,900 and liabilities of $13,500. The fair value of the assets is
cestrela7 [59]

Answer:

$7,120

Explanation:

Given that,

Assets = $85,900

Liabilities = $13,500

Fair value of assets = $90,500

Fair value of its liabilities = $13,500

Amount paid to acquire all of its assets and liabilities = $84,120

Net assets:

= Fair value of assets - Fair value of its liabilities

= $90,500 - $13,500

= $77,000

Goodwill = Purchase consideration - Net assets

               = $84,120 - $77,000

               = $7,120

8 0
3 years ago
Rimble Graphic Design receives $2,750 from a client billed in a previous month for services provided. Which of the following gen
Lana71 [14]

Answer:

C) Debit Cash $2,750

    Credit Accounts Receivable $2,750

Explanation:

When payment is received in respect of services rendered or goods sold in the past periods, the accounting rule is to debit cash or bank as the case may be and credit account receivable for the amount received. This is necessary because in period when transaction took place, revenue has been credited and account receivable debited.

6 0
4 years ago
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