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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.

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The market demand curve for a normal good will shift to the left ​(decrease​) when the price of a substitute good ▼ increases de
suter [353]

1. decreases 
2. increases3. decreases
4. decreases  
The answers here require you to understand the terms involved. So let's look at the options and see what is what.  
1. The price of a substitute good â–Ľ increases decreases​ 
* A substitute good is some good that can be used as a substitute for another good. So if that substitute becomes cheaper, it will be used more as a substitute for the original good. So the answer is "decreases"  
2. The price of a complementary good ▼ decreases increases​,
 * A complementary good is a good that's used in conjunction with another good. Something like milk and cookies. As more cookies are consumed, more milk is desired to go along with the cookies. So increasing the price of the complementary good will decrease the demand of the other good. So the answer is "increases"  
3. Consumer income â–Ľ increases decreases 
* If the consumer has less money to spend, then spending on non-essential goods will decrease. So the answer is "decreases".  
4. Population â–Ľ decreases increases 
* A smaller population is a reduced consumer base, so fewer goods are purchased. The answer is "decreases"
7 0
3 years ago
Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise real-time information illustrates wh
rewona [7]

Answer:

B) improved decision making

Explanation:

A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.  

If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.

In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.

3 0
3 years ago
A golf course is mostly likely to be closed on what day of the week?
nikklg [1K]
Hi!

The day of the week a golf course is mostly likely to be closed on is Monday. =)
8 0
3 years ago
How are bonds payable usually classified on the balance sheet?
earnstyle [38]

Bonds payable that are <u>long-term obligations</u> are typically recorded on the balance sheet.

<h3><u>How do long-term liabilities work?</u></h3>

Long-term liabilities are debts owed by a business that won't be paid off for at least a year. To give a clearer picture of a company's present liquidity and its capacity to meet its obligations as they come due, the current part of long-term debt is broken out separately from other debt.

Long-term liabilities are also referred to as noncurrent liabilities or long-term debt. The balance sheet's part that may include debentures, loans, deferred tax liabilities, and pension obligations is where long-term liabilities are stated following more immediate liabilities.

Liabilities that are greater than one year in duration or that are not due within the next 12 months are referred to as long-term liabilities. The time it takes a business to convert its inventory into cash is known as its operational cycle.

Learn more about long-term liabilities  with the help of the given link:

brainly.com/question/17283456

#SPJ4

7 0
2 years ago
A certain store sells all maps at one price and all books at another price. On Monday the store sold 12 maps and 10 books for a
solong [7]

Answer:

(B) $0.50

Explanation:

The total cost is a function of the number of maps sold and the number of books sold. To determine the cost of each, a set of equations have to be solved simultaneously.

Let the cost of a map be m and that of a book be b

12m + 10b = 38

20m + 15b = 60

6m + 5b = 19

4m/3 + b = 4, b = 4 - 4m/3

6m + 20 - 20m/3 = 19

2m/3 = 1

m = 3/2 = 1.50

b = 4 - 4m/3

b = 4 - 2 = 2

The cost of a book is $2 while that of a map is $1.50

Hence a map sell for $0.50 less than a book.

7 0
3 years ago
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