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valkas [14]
3 years ago
14

Which is a disadvantage of having a traditional economy?

Business
2 answers:
saul85 [17]3 years ago
7 0
The best and most correct answer among the choices provided by your question is the second choice or letter B. A lower standard of living one of the disadvantages of having a traditional economy.

Traditional economy is an original economic system in which traditions, customs, and beliefs shape the goods and the services the economy produces, as well as the rules and manner of their distribution. Countries that use this type of economic<span> system are often rural and farm-based.
</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly.



Montano1993 [528]3 years ago
7 0

Answer:

I believe the B.

Explanation:

I am taking the quiz rn

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Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivabl
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Answer:

the bad debt expense is $6,830

Explanation:

The computation of the bad debt expense is shown below:

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Hence, the bad debt expense is $6,830

We simply added the above amount as it represent the bad debt amount

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Which of the following is not possible when recording a transaction?A. Liabilities increase and assets decrease.B. Stockholders'
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Answer:

Liabilities increase and assets decrease.

Hope this helps!

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Amy earns an annual salary of $40,000 working for the law office of smith and jones. calculate her gross pay per paycheck if she
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The city of New Orleans has 200 advertising companies, 199 of which employ designers of normal ability at a salary of $80,000 a
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Answer:

Jacobs will earn $1,080,000

Explanation:

The earnings of the work factor are made up of two factors: Transfer Earnings + Economic Rents.

Transfer earnings are defined as the minimum required amount that a company must pay its workers to keep them in the workplace. Below this amount, the worker will leave his job. In this case, the Transfer Earnings are $ 80,000, which is the base salary of every designer.

On the other hand, the Economic Rents are the additional income that the worker receives and that is above the minimum level they need to supply his work (In this case, the additional income is given by Jacobs' special ability). In numerical terms, the Economics Rents amount is equivalent to the difference between the earnings obtained by the Jacobs company and the earnings obtained by the other companies.

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Therefore Jacobs salary is equivalent to 80,000 + 1,000,000 = 1,080,000.

From this, it can be deduced that approximately 92% of Jacobs' salary is equivalent to Economic Rents. From the theoretical point of view, this makes sense, because the demand for designers (which is a highly qualified profession) is very inelastic, and the more inelastic the greater the proportion of Economic Rents as part of the salary. In the annexes, I show it graphically.

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3 years ago
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employees are hit hard with a widespread outbreak of the flu.

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From the question,we are informed about Flor Company, which uses labor hours to apply overhead to manufacturing, may have increased amounts of underapplied overhead at month-end if employees are hit hard with a widespread outbreak of the flu.

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