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Lostsunrise [7]
2 years ago
11

Factors of production are a. the physical relationships between economic inputs and outputs. b. the mathematical calculations fi

rms make in determining their optimal production levels. c. social and political conditions that affect production. d. inputs into the production process.
Business
1 answer:
AlladinOne [14]2 years ago
5 0

Answer:

d. inputs into the production process.

Explanation:

The factors of production refers to the inputs or the resources that are processed to produced an output so that the economic profit could be made

It comprises of the following

a. Land

b. Labor

c. Capital

d. Entrepreneurship

These four factors of production are used to make an economic profit by converting the inputs into outputs

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Equipment, beginning of year $ 340,000 Equipment, end of year 420,000 Accumulated depreciation, beginning of year 190,000 Accumu
sertanlavr [38]

Answer:

$100,000

Explanation:

The computation of the amount of cash paid for the purchase of equipment is shown below:

= Ending balance of an equipment + book value of the equipment - beginning balance of an equipment

= $420,000 + $20,000 - $340,000

= $440,000 - $340,000

= $100,000

We simply applied the above formula so that the amount of cash paid for the purchase of the equipment could come

3 0
3 years ago
A.J. is the vice president for Keane Products, a marketing consulting firm. On a business trip to New York City in 2019, he meet
Ede4ka [16]

Answer:

$312

Explanation:

Business Travel expenses are costs incurred when you are away from home on businesses. Accordingly, in this case, AJ is allowed to deduct 50% of his entertainment costs (that is, meal and theater tickets) since it follows a substantial business discussion. The cost of transportation, that is the cab fare is fully covered under the business expenses as it is not subject to the 50% rule of deduction for entertainment and the likes.

Thus,

Total money AJ can deduct as business expenses.

= (50% of 350) + (50% of 190) + 42

= 175 + 95 + 42

= $312

7 0
3 years ago
Which of the following statements about a company's strategy is true? A company's strategy is mostly hidden to outside view and
nasty-shy [4]

Explanation:

Company strategies evolve because

of the ongoing need to respond to changing market conditions, the fresh moves of competitors, shifting buyer needs and preferences, emerging market opportunities, new ideas for improving the strategy, and any evidence that indicates the strategy is not working well.

3 0
2 years ago
In a make-or-buy decision, a. the company must choose between expanding or dropping a product line. b. the company must choose b
Travka [436]

Answer:

Correct option is (c)

Explanation:

Make-or-buy decision is a form of strategy to analyse if a product must be manufactured internally or sourced from outside suppliers.

Cost and benefits related to the product being produced internally or outsourced is studied and compared before arriving at a decision. If cost of producing and storing goods are less as compared to the cost incurred in outsourcing, then decision to make will be taken and vice-versa.

So, make-or-buy decision involves considering relevance of purchase price of goods sourced externally.

6 0
3 years ago
A defendant wants to make sure the judge sees a document that proves his innocence His attorney should add this to the blank Its
Molodets [167]

Answer: exhibit list

Explanation:

A P E X

6 0
2 years ago
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