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3 years ago

In economics, the term productivity refers to:

Business

1 answer:

vitfil [10]3 years ago

7 0

Answer: it’s the amount of output compared to the input needed to create something

Explanation:

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Suppose that on Valentine's Day, the demand for both roses and greeting cards increases by the same percentage amount. However,

ryzh [129]

Answer:

The correct answer is: the supply of the greeting cards is less elastic than the one of the roses.

Explanation:

To begin with, the elasticity show how much the price and the quantity are related by indicating the variation that happens to one of them when the other changes. Therefore that the supply of the greeting cards is less sensitive to price because when the quantity demanded increased the price did not change as much as the roses due to the fact that the sellers were not encourage as much as the sellers of the roses to produce more and therefore to increase the price of the cards. So to sum up, when the price changed the sellers were not encourage to increase the production of the cards as much as the production of the roses because of its elasticity.

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3 years ago

How is the value of a product determined?

svetoff [14.1K]

Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.

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3 years ago

Chipman Sofware recently reported the following amounts in its unadjusted trial balance at its year-end:

gregori [183]

Answer:

What is allowance for doubtful debt?

This represents management's estimate of the amount of accounts receivable that will not be paid by customers. They are amount owed by debtors, whose likelihood of collection is not certain.

1 Bad debts expense Dr ($18,000 × 0.25%) $45

To Allowance for Doubtful Accounts $45

(Being the bad debt expense is recorded)

2. Bad debts expense $45

($72 - $27)

To Allowance for Doubtful Accounts $45

(Being the bad debt expense is recorded)

3 Bad debts expense $105

($72 + $33)

To Allowance for Doubtful Accounts $105

(Being the bad debt expense is recorded)

4 Allowance for Doubtful Accounts $15

To Accounts Receivable $15

(Being the allowance for doubtful accounts is recorded)

Learn more about allowance for doubtful debts here : brainly.com/question/25687295

Explanation:

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2 years ago

A stock is expected to pay the following dividends per share over the next four years, respectively: $0.00, $2.30, 2.60, and

Snowcat [4.5K]

Answer:

present value of stoke combine equation is $82.43

Explanation:

Given data

no of period = 4

discount rate = 6% = 0.06

dividends = $0.00, $2.30, 2.60, and $2.90

to find out

current stoke price

solution

we know dividend is 0 for st year so present value for 1st year will be 0 .....1

now we calculate

present value 2nd year dividend is = 2.30 / (1+0.06)^2

present value 2nd year dividend is = $2.05 ............2

present value 3rd year dividend is = 2.60 / (1+0.06)^3

present value 3rd year dividend is = $2.18 ..............3

present value 4th year dividend is = 95.83 / (1+0.06)^4

present value 4th year dividend is = $75.91 ..............4

present value of stoke combine equation 1 + 2 + 3 + 4

present value of stoke combine equation = 2.05 + 2.18 + 2.30 + 75.91

present value of stoke combine equation is $82.43

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3 years ago

The sales discounts account is a contra account to the ________ account

Gennadij [26K]

The purchases discount account or discounts received account.

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3 years ago