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BigorU [14]
3 years ago
9

Which of the following will cause an outward​ (rightward) shift in​ supply? A. A decline in labor productivity. B. A technologic

al improvement. C. The cost of an input increases. D. A reduction in consumer incomes.
Business
1 answer:
musickatia [10]3 years ago
3 0

Answer:

 B. A technological improvement

Explanation:

An outward​ (rightward) shift in​ supply means an increase in supply.

Technological improvement would increase supply and supply curve would shift outward.

A decline in labor productivity would reduce supply and the supply curve would shift inward.

An increase in the cost of input would increase the cost of production and supply would fall. The supply curve would shift inward.

A reduction in consumer incomes would reduce demand and not supply.

I hope my answer helps you

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A summary of the time tickets is as follows: Job No. Amount 100 $2,680 101 2,220 104 4,070 108 4,640 Indirect 14,280 111 2,830 1
snow_lady [41]

The journal entry to record the factory labor costs (as per the time tickets) is as follows:

<h3>Journal Entry</h3>

Debit Work in Process:

Job 100              $2,680

Job 101                 2,220

Job 104                4,070

Job 108                4,640

Job 111                  2,830

Job 115                 1,860

Job 117               12,570

Debit Factory overhead $14,280

Credit Factory Labor costs $45,150

<h3>Data Analysis:</h3>

Job No.       Amount

100              $2,680

101                 2,220

104                4,070

108                4,640

111                  2,830

115                 1,860

117               12,570

Factory overhead (Indirect labor costs) $14,280

Thus, the factory labor costs are <u>debited</u> to the Work in Process for various jobs and the factory overhead (indirect costs), while the <u>credit</u> entry goes to the Factory Labor Costs account.

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6 0
2 years ago
Which of the following statements are true if the efficient market hypothesis holds? It implies that future events can be foreca
Pachacha [2.7K]

Answer:

The correct answer is b. It implies that prices reflect all available information.

Explanation:

The efficient market hypothesis is a theory initially enunciated by Eugene Fama (1970). It states that the current price of an asset in the market reflects all available information that exists (historical, public and private).

This theory considers that any news or future event that may affect the price of an asset will make the price adjust so quickly that it is impossible to obtain an economic benefit from it. Given this, it is considered a waste of time and money to try to analyze the values, since there will be no undervalued or overvalued assets in the market.

6 0
3 years ago
As a barrier to new entry, absolute cost advantages can be based on Group of answer choices control over low-cost inputs require
S_A_V [24]

As a barrier to new entry, absolute cost advantages can be based on: <u>Control over low-cost inputs required for production, be they labor, materials, equipment, or management skills.</u>

<h3>What is a Barrier to Entry ?</h3>

In theories of competition in economics, a barrier to entry, or an economic barrier to entry, is a fixed cost that must be incurred by a new entrant, regardless of production or sales activities, into a market that incumbents do not have or have not had to incur.

Barriers to entry, in economics, obstacles that make it difficult for a firm to enter a given market. They may arise naturally because of the characteristics of the market, or they may be artificially imposed by firms already operating in the market or by the government.

Barrier to entry is a high cost or other type of barrier that prevents a business startup from entering a market and competing with other businesses. Barriers to entry can include government regulations, the need for licenses, and having to compete with a large corporation as a small business startup.

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6 0
2 years ago
Which of the following is not a component included in a standard business plan?
Goshia [24]
I think it c market analysis
8 0
3 years ago
Expenditures that maintain the operating efficiency and expected productive life of a plant asset are generally
yKpoI14uk [10]

Answer:

A. Expensed when incurred.

Explanation:

An incurred expense is basically the cost that are unpaid for. Paid expenses are incurred expenses once you paid for it (Eg credit card).

5 0
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