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Elis [28]
3 years ago
15

A production function: shows the output that is most highly valued by consumers. shows the most desired production method for a

given level of output. shows the output that is produced using different combinations of inputs combined with existing technology. shows the output that is produced using different combinations of technology combined with existing inputs.
Business
1 answer:
BigorU [14]3 years ago
4 0

Answer:

Shows the output that is produced using different combinations of inputs combined with existing technology

Explanation:

The production function is an <u>expression that links the different amount of inptuts used in the production process and the final output obtained with each combination of inputs, with a given tehcnology.</u>

As an example, if a economy produces only popcorn, a production function would be an expression that shows hou much popcorn that economy can produce with different combinations of corn and sugar, with a given technology.

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When practicing entrepreneurship, starting with means at hand involves ______. a.using your available resources to fund your ven
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2 years ago
The Retained earnings account has a credit balance of $23,800 before closing entries are made. Of total revenues for the period
skelet666 [1.2K]

Answer:

The ending balance in the retained earnings account is $31400.

Explanation:

The ending balance in the retained earnings accounts is equal to the opening balance of the retained earnings account plus the addition to the retained earnings for the year.

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4 0
3 years ago
Gladys learns from her agent Phil that he has just received a full price offer from a minority couple. She tells Phil to pull he
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both Gladys and Phil

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Based on the information provided within the question it can be said that in this scenario both Gladys and Phil are guilty of violating the Fair Housing Law.  The Fair Housing law completely outlaws the refusal to sell a house or property to someone on the basis of race, color, disability, religion, sex, familial status, or national origin. Which is exactly why Gladys and Phil removed the property and did not want to sell to the minority couple.

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Which financial statement tells you the value of the assets the company owns and the liabilities a company owes?.
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Balance Sheet

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