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Kipish [7]
4 years ago
14

Costs can be defined as total payments made to workers, landowners, and capital suppliers less payments to the entrepreneur for

organizing and combining the other resources used to produce a good.
(A) True
(B) False
Business
1 answer:
Sladkaya [172]4 years ago
4 0

Answer: FALSE

Explanation: In accounting,cost is the total amount of resources that are used by an organisation for the production of goods or service that they offer in the market for sale.

In the given case, payment to capital suppliers and deduction of payments  to the entrepreneur are not considered while computing cost.

Hence, the above statement is false.

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Which of the following are residents of rich countries likely to have in greater quantities, or better quality, than residents o
icang [17]

Answer:

(D) All of the above

Explanation:

Residents of rich countries are likely to have housing, healthcare and life expectancy in bigger quantities and better quality than residents of poor countries

3 0
4 years ago
Does owning new clothes, shoes and the latest electronics mean that someone is rich? Explain.
mafiozo [28]

Answer:

No they just want to look rich

7 0
3 years ago
Reaser Corporation makes one product.AprilMayJuneJulyBudgeted unit sales8,4008,70012,60013,100-Each unit of finished goods requi
kicyunya [14]

Answer: 42056 pounds

Explanation:

The budgeted raw material purchases for May will be:

Budgeted unit sale = 8700

Add: desired ending inventory = 10% × 12600 = 1260

Total needs = 8700 + 1260 = 9960

Less: Beginning inventory = 10% × 8700 = (870)

Production in May = 9960 - 870 = 9090

Pounds for material = 4

Material for production = 9090 × 4 = 36360

Add: Desired ending inventory of raw material = 20240

Total needs = 36360 + 20240 = 56600

Less: Beginning ending inventory of raw material = (14544)

Raw material purchase = 42056

6 0
3 years ago
How much money did it cost to buy a sweater during the great depression?
Alexus [3.1K]

During the great depression, a single sweater had a starting price of $1. Comparing the value of a dollar from the 1930’s would have the equivalent buying power of $14.04 today. Therefore, during those hard times, sweaters were a bit pricey and food was the ultimate concern for most struggling families.

7 0
4 years ago
When Marine Midland Bank sent market researchers with surveys door-to-door in the neighborhoods of their branch banks to ask peo
Law Incorporation [45]

Answer:

questionnaire

Explanation:

In the scenario being described, the researchers were gathering questionnaire data. A questionnaire is a research instrument that consists of a set of questions that are asked to the individual with hopes of collecting that respondent's information regarding the subject. Which in this scenario, the subject in question is why the individual does not have checking accounts and credit cards with the company. These answers are usually used by the company in order to better their services and provide a better customer experience.

5 0
4 years ago
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