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Anika [276]
3 years ago
7

Which is not a factor that can cause a change in supply?

Business
2 answers:
sasho [114]3 years ago
4 0

Answer:

business model is not a factor

Explanation:

Nat2105 [25]3 years ago
3 0

Answer:

It is Business Model (C)

Explanation:

Option (A) False. An increase in the productivity of a factor of production will reduce unit cost of production and thereby causes supply to increase.

Option (B) False. Improvements in technology increases the productivity of the company which results in an increase in supply. It also reduces unit cost of production in the long-run.

Option (C) True. This is  an internal approach to successful operation of the business. Hence, it shouldn't cause changes in supply

Option (D)False. A change in production costs will affect the quantity that can be supplied.

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A credit entry was recorded for unearned revenue and a debit for cash. What does this entry indicate?
rusak2 [61]

Answer:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability

Explanation:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.

Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.

Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.

7 0
3 years ago
The ending balance of accounts receivable was $74,000. Sales, adjusted to a cash basis using the direct method on the statement
denpristay [2]

Answer:

The beginning balance in accounts receivable was: $47,500

Explanation:

Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.

Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.

The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500

5 0
3 years ago
It costs firm A $800 to produce five radios and it costs firm B $500 to produce five batteries. If Firm A merges with firm B, it
Zigmanuir [339]

Answer:  b. ​Economies of Scope

Explanation:

Economies of Scope refers to a situation where a company is able to reduce the cost of producing two or more goods by combining their production thereby leading to savings in the production process.

Economies of Scope in effect points out that there are some goods that when produced in tandem with another, lead to a cost reduction which means that its savings is <em>based on variety</em>.

Goods that usually achieve Economies of Scope are goods that are compliments, produced by similar methods or use similar inputs for production.

Firm A merging with Firm B produced the 5 radios and batteries cheaper so the new company is experiencing Economies of Scope.

5 0
3 years ago
Match each Act to its purpose.
Marta_Voda [28]

Credit CARD Act

↓

Protects consumers from unfair credit card billing practices.

Patriot Act

↓

Prevents, detects, and prosecutes international money laundering

Identity Theft and Assumption Deterrence Act

↓

Criminalizes identity theft

Dodd-Frank Act

↓

Educates consumers so that they can protect themselves from unfair practices.

4 0
3 years ago
What is the definition of organization ? Briefly explain each part of the definition?​
Semenov [28]

organization isn a group or team that works together to accomplish a task

6 0
2 years ago
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