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djverab [1.8K]
3 years ago
7

The community of Desertville traditionally produces a large number of tires and a small amount of kiwi fruit. Kiwis are become i

ncreasingly popular, and Desertville has decided to expand kiwi cultivation and decrease tire manufacturing. According to the law of increasing costs,
the cost of producing kiwis will increase.cision
Business
1 answer:
viktelen [127]3 years ago
8 0

Answer:

The answer is TRUE.

According to the law of increasing costs, the cost of producing kiwis will increase.

Explanation:

The law of increasing costs states that as more factors of production are shifted from making one product or service to a second product or service, the cost of producing the second item increases.

As we can see in the scenario given above, the community of Desertville initially produced a small amount of Kiwi fruit. But as kiwis became more popular, its cultivation had to be expanded, therefore, increased costs would be incurred in the process of this expansion.

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3 years ago
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A generation ago, workers tended to work for three to four employer(s) during their working years. Group of answer choices True
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I believe your answer is true
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2 years ago
In 2018, Gail had a § 179 deduction carryover of $30,000. In 2019, she elected § 179 for an asset acquired at a cost of $115,000
Colt1911 [192]

Answer:

The answer is: Gail's § 179 deduction for 2019 is $145,000

Explanation:

§ 179 of the IRS Code, allows taxpayer to either:

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  • allow the cost of the property to be capitalized and depreciated.

If Gail had a § 179 deduction carryover of $30,000 and then she acquired an asset for $115,000, her total § 179 deduction for 2019 is $30,000 + $115,000 = $145,000

8 0
3 years ago
Before work can begin on the project, the customer must Group of answer choices sign a contract with the contractor that include
Setler79 [48]

Answer:

sign a contract with the contractor that includes the project start date and payment plan.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, before work can begin on the project, the customer must sign a contract with the contractor that includes the project start date and payment plan.

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2 years ago
The Anazi Leather Company manufactures leather handbags (H) and moccasins (M). The company has been using the factory overhead r
Aliun [14]

Answer:

The amount of factory overhead to be allocated to each unit using direct labor hours.

Handbag =  $4.3 / unit

Moccasins =  $2.55 / unit

Explanation:

Predetermined Overheads rate

Cutting  = 80,000 / 100,000 = $0.8 / labor hour

Sewing  = 280,000 / 160,000 = $1.75 / labor hour

Overheads Allocation

Handbag

Cutting = 1 x 0.8 = $0.8

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Total Per unit overhead allocation = 0.8+3.5 = $4.3 / unit

Moccasins

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Total Per unit overhead allocation = 0.8+1.75 = $2.55 / unit

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3 years ago
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