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xeze [42]
3 years ago
10

Land is considered a resource because it...

Business
2 answers:
Citrus2011 [14]3 years ago
5 0
Is used to produce things.
Eduardwww [97]3 years ago
4 0

land is considered a resource because it : is used to produce things.


For example, in agricultural sector, land is used as a place to Grow the plants that became the material of the product such as canned food, whole foods, fast foods, etc.

On manufacturing sector, it used as an area to build the factory that produce various things such as clothing, automobiles, etc.



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The sticky-wage theory of the short-run aggregate supply curve says that the quantity of output firms supply will increase if
nignag [31]

Answer:

a.the price level is higher than expected making production more profitable.

Explanation:

The sticky wages shows that the output increases if the price level is higher because an increase in price level increases the profitability and the increased profitability increases output.

7 0
3 years ago
Three individuals form Skylark Corporation with the following contributions: Cliff, cash of $50,000 for 50 shares; Brad, land wo
erastova [34]

Answer:

C. Ron’s basis in his stock is $27,000

Explanation:

Income recognized on services rendered $21,000

Add basis of $6,000

Ron stock basis $27,000

The property contributed by Ron is not considered insignificant compared to the value of the services he has rendered, which is why the entire contribution is counted as being for property.

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4 0
3 years ago
Blaster, Inc., manufactures portable radios. Each radio requires 3 units of Part XBEZ52, which has a standard cost of $1.25 per
garik1379 [7]

Answer:

1,065 U

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purchase price is higher than standard.

5 0
3 years ago
A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents
NeX [460]

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The $200,000 represents the revenue and the $50,000 represents the profit.

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A cost associated with renting would be:
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The correct answer is C. title insurance
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