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kogti [31]
3 years ago
7

"A leading environmental group recently published a report contending that humans are running a "resource deficit" because we ar

e using natural resources faster than they can be regenerated. The group claims that this means that economic growth will eventually stop, and will even be reversed. An economist would":
a. agree with the report, and would point to rising natural resource prices as evidence.
b. agree with the report, but wouldn't think it was important because growth will not slow down for several centuries.
c. disagree with the report, in part because it ignores the mitigating effects of technological change.
d. disagree with the report because labor and capital are the primary determinants of growth, and since they are plentiful, growth will not slow down.
Business
1 answer:
adelina 88 [10]3 years ago
4 0

Answer:

c. disagree with the report, in part because it ignores the mitigating effects of technological change.

Explanation:

  • As the human is making use of most of the earth available resources they are running towards deficits as no country has self-sufficiency in terms of the land, labor and capital and natural resources and they are getting depleted at a much faster rate than could be generated.
  • Thereby resulting to rise in inflation and decline in the economic productivity growth while some of the economists disagree with the report ignores the impacts of  technologies.
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LPD​ Logistics, Inc.'s projected sales for the first six months of 2010 are given below. Jan. ​$300,000 April ​$350,000 Feb. ​$3
garri49 [273]

Answer:

LPD's projected gross profit for​ April is $70.000 (B)

Explanation:

We can define Gross Profit as follows:

<u>Sales -  Cost of goods sold</u>

In our case, we need to find the gross profit for April:

Projected Sales: $350.000

Cost of goods:  <u> -$280.000 ($350.000 * 80%)</u>

Gross Profit:        $  70.000

The other information can help us to define cash management, because they are related with payments, for example: sales collected, cost payments or cash balance.

4 0
3 years ago
In 2019, Vaughn sold 1000 units at $500 each, and earned net income of $40000. Variable expenses were $300 per unit, and fixed e
olga nikolaevna [1]

Answer:

Vaughn must sell  1588 Units in 2020 to maintain the same income level as 2019

Explanation:

Selling price for 2020 = 500 per unit

Variable cost for 2020 = 300 x 10% + 300

                                       = 300 x 0.1 + 300

                                          = 30 + 300

                                            = 330 per unit

Fixed cost for 2020 = 240000-10000

                                  = 230000

Required unit = (Fixed cost+Net income)/Contribution margin per unit

                     = (230000+40000) / (500-330)

                     = 270000 / 170

                     = 1588.24

Required unit = 1588 Units

3 0
3 years ago
​Peeler's Smoothie Company has provided the following​ information: Sales price per unit $ 6.50 Variable cost per unit $ 2.00 Fi
ra1l [238]

Answer:

Contribution margin ratio = 69.23%

Explanation:

We know,

Contribution margin ratio = (Contribution Margin per unit ÷ Sales per unit) × 100

Again, we know, Contribution margin per unit = Sales per unit - Variable cost per unit

Given,

Sales price per unit = $6.50

Variable cost per unit = $2.00

Therefore, Contribution margin per unit = $6.50 - $2.00 = $4.50

Putting the values into the above formula, we can get,

Contribution margin ratio = ($4.50 ÷ $6.50) × 100 = 69.23% (Rounded to two decimal places)

3 0
3 years ago
Leaping Deer Company purchased a tractor at a cost of $240,000. The tractor has an estimated residual value of $40,000 and an es
trapecia [35]

Answer:

Units of production method: $76,820

Explanation:

The three most common depreciation methods are: straight line, double-declining, and units of production. We will calculate the depreciation expense for each.

Straight line method:

Depreciable amount= cost - residual value

                                 = 240,000 - 40,000

                                = 200,000

Depreciation by year = depreciable amount / years of useful life

                                   = 200,000 / 8

                                   = 25,000

Double declining method

Depreciation per year = depreciable amount x (2 / useful life in years)

                      = 200,000 x (2 / 8)

                      = 50,000

Units of production method

Depreciation per unit  = depreciable amount / hours of operation

                                     = 200,000 / 12,000

                                     = 16.7

Total depreciation = depreciation per unit x actual units of operation

                              = 16.7 x 2,400 + 2,200

                              = 16.7 x 4,600

                              = 76.820

Therefore, the units of production method results in the highest depreciation expense among the three.

   

3 0
3 years ago
If total assets are $75000 and total liabilities are $25000 the amount of owner's equity is $25000
zhuklara [117]

Answer:

B.False

75000 - 25000 will = 50000 witch is double then 25000

7 0
2 years ago
Read 2 more answers
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