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3 years ago

TRUE OR FALSE: Closing mines has no economic impact on communities.

Business

2 answers:

lorasvet [3.4K]3 years ago

8 0

Answer:

TRUE

Explanation:

The mines are ore exploration sites that are natural resources. Mines are a labor intensive economic activity, that is, many workers demand it. If a mine is closed, impacts on the surrounding community are high. Workers lose their jobs and business activities that exist due to the movement of people from mines, such as restaurants and inns, are affected. The whole community is affected in some way when a large economic activity such as a mine is closed.

Bad White [126]3 years ago

3 0

Closing mines has economic impacts on communities. It cuts off all the many advantages that are attached to mineral resources and have negative impacts on the government returns for that community. Thus, the answer is false.

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BBB Auto Club provides emergency road service and other services to its members. BBB Auto Club charges a higher membership fee t

Oksanka [162]

Answer: Adverse selection

Explanation: In simple words, adverse selection refers to an insurance problem in which the buyer and seller of the insurance do not have same information. This occurs when the buyer deliberately hide some material facts from the insurance company.

In the given case, The company is charging more from new customers because they have perception that they take their services only when it is highly probable they have to use that.

Hence from the above we can conclude that the correct option is B.

8 0

3 years ago

Warby parker can offer cheaper glasses than their competition because they _______.

dexar [7]

Warby Parker can offer cheaper glasses than their competition because they <span>use the same materials and factories as Luxottica without the licensing fees.</span>
Hope this helps!

3 0

3 years ago

Read 2 more answers

Exercise 23-4 Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2017 sales forecast is as follo

mrs_skeptik [129]

Answer:

$\left[\begin{array}{cccccc}&Q1&Q2&Q3&Q4&Total\\$Sales&5,100&7,100&8,100&10,100&30,400\\$Ending Inventory&2,840&3,240&4,040&2,550&-\\$Producction Needs&7,940&10,340&12,140&12,650&43,070\\$Beginning&(2,040)&(2,840)&(3,240)&(4,040)&-\\$Punits to be produced&5,900&7,500&8,900&8,610&30,910\\\end{array}\right]$

Explanation:

ending inventory

Q1 = q2 sales x 40% = 7,100 x 40% = 2,840

Q2 = q3 sales x 40% = 8,100 x 40% = 3,240

Q3 = q4 sales x 40% = 10,100 x 40% = 4,040

Q4 = q1 next year x 40%

next year will be 25% than q1 of current year

Q4 = Q1 sales x 1.25 x 40% = 2,550

beginning of Q1 is a given 2,040. Then:

ending of Q1 = beginning of Q2 (when a quarter ends, another begins)

ending of Q2 = beginning of Q3

ending of Q3 = beginning of Q4

The sales plus the desired ending inventory will be all the units needed for the period.

Our beginning inventory subtract out productions needs, as those units are already in stock, we don't need to produce them.

6 0

3 years ago

Explain its development process

katrin2010 [14]

Answer:

System of defined steps and tasks such as strategy, organization, concept generation, marketing plan creation, evaluation, and commercialization of a new product. It is a cycle by means of which an innovative firm routinely converts ideas into commercially viable goods or services

6 0

3 years ago

On January 1, 2020, Sandhill Co., a calendar-year company, issued $1044000 of notes payable, of which $261000 is due on January

Maslowich

Answer:

Current liabilities, $261,000; Long-term Debt $783,000

Explanation:

Based on the information given we were told that the company issued the amount of $1044000 of notes payable in which the amount of $261000 was due on January 1 for each of the next 4 years based on this the proper balance sheet presentation on December 31, 2020 will be:

Current liabilities $261,000

Long-term Debt $783,000

($1044000-$261000)

Therefore The proper balance sheet presentation on December 31, 2020, is:Current liabilities, $261,000; Long-term Debt $783,000

5 0

3 years ago