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Murljashka [212]
3 years ago
9

What is true about economic resources? A) Economic resources include only money. B) Economic resources are limited. C) Economic

resources exist only at the individual level. D) Economic resources are always controlled by the government.
Business
2 answers:
kakasveta [241]3 years ago
6 0

Answer:

B) Economic resources are limited is the correct answer.

Explanation:

An economic resource is the factors that are used to produce goods or it uses to provide services.

economic resources are divided into

  • human resources
  • Non-human resources

Economic resources are limited because the amounts of productive resources accessible to economics are limited.

The market has a limited amount of workers, suppliers, areas, and entrepreneurship that it can utilize for production.

Thus this the reason Economic resources are limited.

NikAS [45]3 years ago
5 0
The one that is true about economic resources is : B. Economic resources are limited

Basically, the main characteristic of economic resources is we need sacrifices in order to get. To make a resource worthy of sacrifice, it has to be : Limited and provide value to us

hope this helps
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On 1/1//2015, XYZ leases a machine from Super LeaseCo for four years. At the end of the lease term, title passes to XYZ. Payment
MaRussiya [10]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
The board of directors of Swifty Corporation declared a cash dividend of $2.75 per share on 40000 shares of common stock on July
WARRIOR [948]

Answer:

a. Decrease liabilities and decrease assets

Explanation:

First option "Decrease liabilities and decrease assets" is the correct option as far as only payment part of Journal entry is concerned.

Since Dividend is declared on 15 July on That date entry would have been:

Shareholder's Equity........Dr

To Dividend Payable(Liability) A/c......Cr

Then, on Payment date i.e. 15 august entry would be:

Dividend Payable(Liability)A/c.......Dr

To cash/Bank A/c..........Cr

Therefore, Liability is Decrease also asset is decreased on 15th August, 2020.

5 0
3 years ago
Daniel and his intramural team just won the co-ed volleyball tournament, and they’re celebrating at an all-you-can-eat pizza pla
Gre4nikov [31]

Answer:

a. trade-offs 

c. marginal thinking 

Explanation:

Marginal thinking is when a decision maker evaluates the marginal benefits and marginal cost of a certain activity. Daniel is trying to evaluate if the extra calories (marginal cost) he would get from eating the 5th size of pizza (marginal benefit) is worth it.

Trade offs is also known as opportunity cost. It is what is sacrificed in order to carry out a certain activity. If Daniel eats the pizza, he's sacrificing a more healthy body for the extra slice of pizza.

I hope my answer helps you

5 0
3 years ago
Consider a market​ where: Consumer surplus is 250 Producer surplus is 125. If both consumer surplus and producer surplus are​ ma
mario62 [17]

Answer:

A. Deadweight loss = 125 units.

B. Deadweight loss = 25 units.

Explanation:

In a free market and completely efficient economy, the consumer surplus equals the producer surplus. Both benefits of free trade. When consumers o producers have a minor surplus, necessarily implies a loss on eficiency, usually caused by government regulations like taxes or price ceilings.

The amount of welfare lost is measure by the difference between consumer and producer surplus.

In the first case:

|Consumer surplus - producer surplus| = 25 units

|250- 125| = 125 units

And in the second case:

|180- 155| = 25 units

5 0
3 years ago
In a leveraged buyout, the managers of a firm, its employees, or other investors: obtain the assets of the company through bankr
erik [133]

Answer:

borrow funds to buy out the firm's stockholders. 

Explanation:

A leveraged buyout is when the managers of a firm, its employees, or other investors use debts or borrowed finds to acquire a company.

I hope my answer helps you

4 0
3 years ago
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