All categories

3 years ago

Each economy possesses resources and technology to use in production. true or false

Business

1 answer:

kicyunya [14]3 years ago

7 0

Answer:

True. as land is limited and the technology can be developed and used for good.

Explanation:

Every economy has resources and the better the economy uses these resources the better is the production and consumption of the resources, the only need is the potential to develop the resource as the middle east has developed the use of desalinated water technology to clean the salted water and thus create a valuable resource.

The resources are there and one needs to develop them to there full potential with the help of technology that may be transferred from any other nation or territory as a form of the technology transfer.

You might be interested in

Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:

BARSIC [14]

Answer:

Results are below.

Explanation:

Giving the following information:

Sales in Units

April 70,000

May 85,000

June 110,000

July 90,000

Desired ending inventory= 15% of the following month’s sales.

The inventory at the end of March was 10,500 units.

<u>To calculate the production required for each month, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

<u>April:</u>

Sales= 70,000

Desired ending inventory= 85,000*0.15= 12,750

Beginning inventory= (10,500)

Total production= 72,250

Sales= 85,000

Desired ending inventory= 110,000*0.15= 16,500

Beginning inventory= (12,750)

Total production= 88,750

Sales= 110,000

Desired ending inventory= 90,000*0.15= 13,500

Beginning inventory= (16,500)

Total production= 107,000

Total quarter= 268,000

8 0

3 years ago

why would materials such as iron ore, steel, lumber, and coal be transported via ships from the united states to japan,rather th

BARSIC [14]

Idk so you need to ask somebody else because I’m really dumb and I don’t have the answer for u

7 0

3 years ago

Lacy set her textbook under her chair in her business law class and then forgot to take it with her when she left the classroom.

rosijanka [135]

Answer:

a. the college is a constructive bailee, obligated to return the textbook to Lacy, and until it does, it is liable for harm to the property.

Explanation:

When a party comes into possession of a property not by contractual agreement, they are referred to as constructive bailee and are obligated to take care of the property till it is returned to the owner.

The bailee does not willingly take possession of the property, rather unforseen circumstances leads to them possessing it.

This is common when a person forgets his property in a place.

In the given scenario the college (Dean of Business College) became a constructive bailee when they recieved the misplaced textbook. So they are obligated to care for the textbook till it get back to Lacy or be held liable for any harm done

4 0

3 years ago

If an investment adviser representative transacting business in a state terminates employment with a state registered investment

Aleksandr [31]

Answer:

Explanation:

If an investment adviser representative transacting business in a state terminates employment with a state registered investment adviser, both the representative and the investment adviser must notify the Administrator promptly.

3 0

3 years ago

Eagle Ridge, inc. issued 40 shares of $20 par value stock to its accountant in full payment for her $900 fee for assisting in se

Harlamova29_29 [7]

The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.

<h3>What is a journal entry?</h3>

The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.

Hence, option C holds true regarding the journal entry.

Learn more about journal entry here:

brainly.com/question/20421012

#SPJ1

6 0

2 years ago