I guess the correct answer is Labor
Matt Newell, a former Air Force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views of the Rocky Mountains. H obtains a loan and purchases the necessary land, facilities, advertising, and five helicopters for his business, the important factor of production has he overlooked in creating his business is Labor.
Sharon and two kids makes 3 people total with both kids being under 18, the poverty level from the table is $20,231
She gets $1000 a month for her kids. 1000 x 12 months = $12,000 per year
12,000 + her annual salary = 12,000 + 16,000 = $28,000 per year.
28,000 is greater than 20,231 so she is not living in poverty.
The answer is no
Answer:
$6,240.
Explanation:
Reconciliation Statement
Bank balance before reconciliation $4,590
Add: Deposits in transit 2,600
Less: Outstanding Checks (950)
Reconciled Bank Balance at April 30, 2019 $6,240
Cash balance before reconciliation $6,320
Add: Interest Revenue 60
Less: Bank service charges (140)
Reconciled Cash Balance at April 30, 2019 $6,240
<u>Notes</u>
- Deposit in transit and Outstanding checks are already recorded in company's books but not yet recorded with the bank because these checks might have reached bank after working hours. So, we have to update the bank's record.
- We have to update the cash balance with the information that is with the bank and has been provided to us at the period end. This include the interest revenue, already updated in the bank balance, and bank service charges.
The Food Products & Processing Systems is the department in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
The food products $ processing systems is a department in the Food, and Natural Resource
The department is responsible for tasks including:
- Bulk food production
- Development of ways to process, package or store food etc
In conclusion, the Food Products & Processing Systems is the pathway in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
Read more about Food Products & Processing Systems
<em>brainly.com/question/24730493</em>
Answer: This is because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.
Explanation:
The marginal rate of technical substitution (MRTS) shows the amount by which the quantity of an input can be lowered when an extra unit of another input is utilized on order for the output to remain constant.
The marginal rate of technical substitution is likely to reduce as more capital is substituted for labor because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.
