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Darya [45]
3 years ago
7

Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward

economic and cultural change?
Question 5 options:

Takeoff


Primitive equilibrium


Semidevelopment


Transition
Business
2 answers:
lana66690 [7]3 years ago
8 0

Answer:

Transition

Explanation:

DIA [1.3K]3 years ago
5 0

Answer:

takeoff

Explanation:

Is the third stageof economic development in which rapid economic growth occurs, theeconomy diversifies from few industries to several industries.

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The market for diamond rings is closely linked to the market for high-quality diamonds. If a large quantity of high-quality diam
puteri [66]

Answer:

b. supply curve for diamond rings will shift right, which will create a surplus at the current price. Price will decrease, which will increase quantity demanded and decrease quantity supplied. The new market equilibrium will be at a lower price and higher quantity

Explanation:

This question isn't complete. The full question can be found here: https://www.chegg.com/homework-help/questions-and-answers/market-diamond-rings-closely-linked-market-high-quality-diamonds-large-quantity-high-quali-q34930995

High-quality diamonds are an input used in the production of diamond rings. If the supply of high quality diamonds increases, it implies that the production of diamond rings would increase. As a result of the increased production, the supply curve would shift to the right. This would lead to an excess of supply over demand known as a surplus. This would cause equilibrium price to fall and quantity to rise.

I hope my answer helps you

8 0
3 years ago
under which inventory cost flow assumption does inventory on the balance sheet best approximate its current cost?
scoray [572]

The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.

Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.

Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.

On the balance sheet of an organization, it is categorized as a current asset.

The three different categories of inventory are raw materials, finished commodities, and work-in-progress.

The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.

Learn more about inventory here:

brainly.com/question/14184995

#SPJ4

8 0
1 year ago
What is a common association detection analysis technique where you analyze certain items to detect customers' buying behavior a
adelina 88 [10]

Answer:

Regression analysis

Explanation:

Regression Analysis involves looking at past behavior to predict future behavior. By looking for predictors within past data, it can be determined  how well those factors can predict a future outcome.

5 0
2 years ago
You just started working for a company, where should you first look to find a confidentiality policy concerning information you
mrs_skeptik [129]

B. Employee Handbook

4 0
3 years ago
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the r
swat32

Answer:

The correct option is D

Labour budget = $1,974,175

Explanation:

The labour budget is the product of the standard labour cost per unit and the budgeted production in units

Labour budget = standard labour cost× production budget in unit

The production budget can bed determined by adjusting the sales budget for closing and opening inventories.  

Production budget = Sales budget +closing inventory - opening inventory

Production budget = 39,000 + 100 -200 = 38,900 units

Labour budget = $14.50× 3.5× 38,900 = $1,974,175

Labour budget = $1,974,175

6 0
2 years ago
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