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erastova [34]
3 years ago
11

Farm Country and Industry Country are two neighboring countries. Both countries produce only one​ good: good X. Production in bo

th countries is a function of total efficiency units of labor and physical capital stock. The aggregate production functions will shift upward when​ ________ produce(s) a higher output.
Business
1 answer:
matrenka [14]3 years ago
3 0

Answer:

B) the same amount of capital and labor

Explanation:

Only an increase in productivity shifts the production function upward given that all factors of production remain the same. Generally technology improves productivity and causes those shifts.  

Productivity measures the rate of output per unit of input. E.g. I write 10 pages per hour. If my writing productivity increases, I will write 12 pages per hour. Labor productivity is measured by the amount of output produced per hour worked.

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Bellingham Inc had the following activity last year:
Pepsi [2]

Answer:

The net cash flow of the year amounts to $32,000

Explanation:

The net cash flow of the year is computed as:

Net cash flow = Net income + Depreciation

= $7,000 + $25,000

= $32,000

Where

Net Income is computed as:

Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense

= $300,000 - $170,000 - $25,000 - $95,000 - $3,000

= $7,000

8 0
3 years ago
You might improve your _________ by creating a company newsletter, Web site, and blog, or by participating on a social media sit
olga2289 [7]

The answer is probably a key word in the lesson material that you are forgetting, and since I have not read your lesson material I can't be sure what the wording is. But all those things have to do with advertising, so best guess is Market exposure or something like that. If that jogs your memory about a key phrase that you learned in the lesson material then go with that though. Goodluck!

8 0
3 years ago
Read 2 more answers
11) One tenet of classical economics is that A) the role of the government should be limited, since the market will always be se
STatiana [176]

Answer:

The correct answer is A) the role of the government should be limited, since the market will always be self-correcting.

Explanation:

Principle of minimum state intervention, free market or laissez faire: at least government, the best, economic processes were considered as capable of self-regulation, in other words, economic forces themselves will direct production, exchange and consumption to Its most efficient level. State action must be confined to enforcing individual rights (especially property rights), providing national defense and some public services of general interest (justice, some types of education, etc.).

7 0
3 years ago
In a local survey, 100 citizens indicated their opinions on a revision to a local land-use plan. Of the 62 persons giving favora
Thepotemich [5.8K]

Answer: The probability that a randomly selected citizen has a favorable or unfavorable opinion is 1 or 100%.

In this question, we have only two answers favorable or unfavorable.

A person can't have both opinions at the same time.

So these events - favorable and unfavorable are mutually exclusive events i.e one event cannot occur when the other occurs.

Let P(F) be the probability of a person who has a favorable opinion

P(UF) be the probability of a person who has an unfavorable opinion

\boldsymbol{\mathbf{P(F) = \frac{Total people with favorable responses}{Total people in the survey}}}

\boldsymbol{\mathbf{P(F) = \frac{62}{100}}}

\boldsymbol{\mathbf{P(UF) = \frac{No. of people with unfavorable opinion}{Total number of people in the survey}}}

\boldsymbol{\mathbf{P(UF) = \frac{38}{100}}}

Now, the probability of either one of two mutually exclusive events occurring is:

\boldsymbol{\mathbf{P(F or UF) = P(F) + P(UF)}}

\boldsymbol{\mathbf{P(F or UF) = \frac{62}{100} + \frac{38}{100} = \frac{100}{100}=1}}


7 0
3 years ago
The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called
Helen [10]

Answer:

Depletion

Explanation:

The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called Depletion

3 0
3 years ago
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