Answer:
A technological advance makes it possible to produce more of good X with less labor. As a result, labor is released from producing good X. Some of this labor ends up producing goods Y and Z.
Explanation:
The answer is a laptop computer.
Thus, Laptop computers would be classified as homogeneous shopping products.
What is shopping products?
- A shopping item may be a sort of item that requires shopper investigate and comparison of brands.
- Homogeneous and heterogeneous are the two particular sorts of shopping items.
- Homogeneous items are seen by consumers as exceptionally comparable in nature and the ultimate buy is more often than not decided on the lowest price.
- If our farmer's feed compactor required substitution, he would seek for the foremost reasonable one.
- Other illustrations of this sort of shopping item would be apparatuses, such as washers, dryers, or a cooler.
- A item can be a business item or a buyer item. If the end client of the item is the customer, at that point the item may be a customer item.
- In the event that the conclusion client could be a commerce, at that point it is categorized as a commerce item.
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Small businesses make up: 99.7 percent of U.S. employer firms, 64 percent of net new private-sector jobs, 49.2 percent of private-sector employment, 42.9 percent of private-sector payroll, 46 percent of private-sector output, 43 percent of high-tech employment, 98 percent of firms exporting goods, and 33 percent of ...
Answer: The answer is as follows:
Explanation:
Given that,
Cash = $16,000
Inventory = $16,000 fair value (inside basis $8,000)
Accounts receivable with a fair value = $8,000 (inside basis of $12,000) to Daniela
Daniela's basis = $20,000
JRD basis = cash + inventory + accounts receivables
= 16,000 + 2,000 + 2,000
=$20,000
Out of $20,000,
Pending amount for inventory and accounts receivable allocation:
= JRD basis - Cash basis
= $20,000 - $16,000
= $4,000
This pending amount is allocated equally among the inventory and accounts receivable i.e, $2,000 is allocated to inventory and $2,000 is allocated to accounts receivable.