All categories

3 years ago

Which of the following is not one of the three core economic issues that must be resolved?

Business

1 answer:

sineoko [7]3 years ago

8 0

Answer:

(b). What to produce with unlimited resources.

Explanation:

The main economies issues involve how to produced, what to produced and whom to produced

How to produced involves the method by which the production could take place i.e machinery, equipment, etc. It consists of a labor-intensive technique and capital intensive technique.

What to produce: It is a most important question about what type of product is to be produced, in which quantities, etc

Whom to produce: For which classes, the product should be produced. It would be lower, middle or upper class. This can be determined by analysis of purchasing power

And we already know the resources are very limited.

You might be interested in

Prepare a one page memo for your boss briefly summarizing how you concluded the meeting. More importantly, recommend to your bos

grigory [225]

Answer:

Memo for business promotion

Explanation:

To : Manager

From : Finance Officer

Subject : Actions for moving forward

The business meeting has been concluded successfully and minutes of the meeting is prepared in the document. The business needs to be moved forwards as there are many competitors entering in the market. The business need to focus on introducing new products which are demanded by the customer and allow some customization according to customer needs. The packaging of the products also needs to be revised as the presentation is also important for customer to make a buy decision. The business profits will increase and the sales will be high.

Further minutes of the meeting are attached with the memo.

Sign: Edward,

7 0

3 years ago

Sooner Machinery Company purchased a delivery truck at a cost of $56,000 on March 10, 2018. The truck has a useful life of six y

Fofino [41]

Answer:

Results are below.

Explanation:

Giving the following information:

Purchase price= $56,000

Useful life= 6 yearsd

Salvage value= $5,000

a. To calculate the annual depreciation, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (56,000 - 5,000) / 6= $8,500

Year 1:

Annual depreciation= (8,500/12)*10= $7,083.33

Year 2:

Annual depreciation= $8,500

b. To calculate the annual depreciation, we need to use the following formula:

Annual depreciation= 1.5*[(book value)/estimated life (years)]

Year 1:

Annual depreciation= [(1.5*8,500)/12]*10= $10,625

Year 2:

Annual depreciation= [(51,000 - 10,625)/6]*1.5

Annual depreciation= $10,093.75

4 0

3 years ago

Read the scenario, and answer the question.

Strike441 [17]

Answer:

One possible revision suggestion for the previous follow-up letter is to:

c. Identify the position he applied for and the date of the interview.

Explanation:

Stating clearly the position that Enrique interviewed for and the the date of the interview will enable the interviewer to reconsider the candidacy of Enrique for the copy-editor position. However, the wording of his first draft of the follow-up email sounds too condescending. Enrique should not display some desperation in his job-search effort.

3 0

3 years ago

Which building is widely regarded as the first skyscraper? empire state building chrysler building woolworth building home insur

s344n2d4d5 [400]

Further expansions led to the world's first skyscraper, the ten-story Home Insurance Building in Chicago, constructed in 1884–1885. It is the so-called “Father of the Skyscraper”. While its tallness of 138 feet is not measured very remarkable today, it was at that time. The designer of the building was Major William Le Baron Jenney.

5 0

3 years ago

Preparing Journal Entries for Process Costing SystemDuring its first month of operation, Portia Company purchased $90,000 of mat

babunello [35]

Answer:

Date Account Title Debit Credit

XX-XX-XXXX Raw materials inventory $90,000

Accounts Payable $90,000

Date Account Title Debit Credit

XX-XX-XXXX Work in Process Inventory $64,000

Raw materials inventory $64,000

Date Account Title Debit Credit

XX-XX-XXXX Work in Process inventory $30,000

Wages Payable $30,000

Date Account Title Debit Credit

XX-XX-XXXX Work in Process Inventory $20,000

Manufacturing overhead $20,000

7 0

3 years ago