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KiRa [710]
3 years ago
9

The amount of oil that is economically feasible to extract from a deposit using current technology is known as ______ oil reserv

es.
Business
1 answer:
strojnjashka [21]3 years ago
6 0

Answer: Proven oil reserves

Explanation:

Proven oil reserves are those that humans can extract oil from given our current technological and economic situations.

Under Proven oil reserves there are those that are Proven developed and those that are Proven Underdeveloped. Proven Developed ones can be extracted from as they come from already existing wells. Proven Underdeveloped however would need further investment to get them ready.

You might be interested in
Macroeconomics focuses on the behavior of? individual consumers. a specific market. the overall economy. government agencies.
kobusy [5.1K]

The given statement is false.

A subfield of economics called macroeconomics focuses on aggregate units. It concentrates on factors such as total supply, demand, investment, national income, etc. Macroeconomics examines the overall level of prices.

The units of the individuals are the focus of microeconomics. It focuses on the behavior of various economic agents such as individual customers, companies, or specific markets. Microeconomics examines the level of individual prices.

In order to study the behavior of entire economies, macroeconomics looks at aggregate indicators like the general level of prices, the unemployment rate, and the production of the whole economy. Microeconomics is the study of market behavior.

Hence, the above statement is false.

For more questions related to Macroeconomics and Microeconomics visit the link below:

brainly.com/question/11362533?referrer=searchResults

#SPJ4

4 0
2 years ago
PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at
LUCKY_DIMON [66]

Answer:

$3,000

Explanation:

Given that,

On April 1, 2021, total sales of one-year subscriptions = $12,000

Total number of months for which subscription is received = 12 months

Months Relating to year 2022 for which subscription received on 1 April 2021:

= From January 1, 2022 to March 31, 2022

= 3 Months

Deferred revenue is for the three months.

Therefore, the adjusted balance of Deferred Revenue on December 31, 2021 is as follows:

= Amount of subscriptions received × Time period

= $12,000 × (3 ÷ 12)

= $3,000

5 0
3 years ago
1. XYZ Co. incurred the following costs related to the office building used in operating its sports supply company: a. Replaced
Triss [41]

Answer:

2,4,5,7

Explanation:

8 0
3 years ago
A dometic firm may decide to contract for the production of its goods by established foreign manufacturer. Such pricate-label ma
Monica [59]

Answer:

Contract manufacturing.

Explanation:

A domestic firm may decide to contract for the production of its goods by established foreign manufacturer. Such private-label manufacturing by a foreign company is called contract manufacturing.

Contract manufacturing involves the process of outsourcing a company's manufacturing business, such that a foreign company engages in the production of a private-label product which are then primarily marketed or distributed by a domestic company under its own brand name.

This ultimately implies that, it is a manufacturing process which involves the production of goods by a company under the brand name of another company.

8 0
3 years ago
Andrea invests $5,000 in five Epic Electronics bonds that mature in 10 years. Unexpectedly just the week after she invests, she
VladimirAG [237]

Answer:

The answer is option C. She may immediately sell the bonds but it is unclear how much money they will sell for.

Explanation:

She may immediately sell the bonds but it is unclear how much money they will sell for.

Investors who hold onto their bonds until maturity are assured of to receive the face value of the bond. In our case, if Andrea would have chosen to hold her $5,000  bond investment for 10 years, she would have been assured the  bonds face value, however since she prefers to use the cash to work abroad, she can sell the bonds immediately.

Selling a bond before it's maturity date can either be beneficial or detrimental. This depends on the value of the bond at the time of sale. If at the time of sale the bond would have gained value, then the bond will sell at a higher price than when it was bought. On the other hand, if the bond at the time of sale has lost value, then the bond will sell at a lower price than the price which it was bought.

In our case, the best option for Andrea would be to sell the bonds immediately, since she really needs the cash. If it happens that at the point at which she sells the bonds they will have gained value, then she will have more than $5,000 cash, however, if at the point she decides to sell the bonds they will have lost value, then she will have less than $5,000 depending on how much value was lost from the time she bought the bonds and the time she sold the bonds.

4 0
3 years ago
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