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Evgen [1.6K]
3 years ago
7

Classical economists believed that: _________

Business
1 answer:
Alborosie3 years ago
3 0

Answer:

the answer is D

Explanation:

You might be interested in
Information for firm ABC: Inventory at the end of April, 2008: 200 units Expected demand during April, 2008: 50 units Production
zavuch27 [327]

Answer:

Inventory at the end of march will be 150

Explanation:

We have given inventory at the end of April = 200 units

Expected demand during April = 50 units

Production expected during April =  100 units

We have to find the inventory at the end of march

Inventory at the end of April is given by

Inventory at the end of April = production in april - demand in april + inventory of march

So 200 = 100 - 50 + inventory of march

So inventory of march = 150

5 0
4 years ago
Which of the following would NOT cause a shift in AD?
8090 [49]

Answer:

= A fall in the cost of production

Explanation:

= A fall in the cost of production= A fall in the cost of production= A fall in the cost of production

3 0
3 years ago
Evans Products uses a process costing system with two processing departments: the Mixing Department and the Finishing Department
anastassius [24]

Answer:

A debit to Work-in-Process Inventory, Finishing Department of $140,000.

Explanation:

$140,000 will be credited to Work-in-Process Inventory, Mixing Department and debited to Work-in-Process Inventory, Finishing Department.

Finishing department is a process department. Finished goods are debited only when goods are transferred from the last processing department to finished goods.

Calculations

Cost per units transferred $                4.00

Units transferred 3.500

Total cost of units transferred $ 1,40,000.00

8 0
4 years ago
Rather than hiring a receptionist, a real estate agency decided to use an administrative services company to contract someone fo
Komok [63]

Answer:

outsourcing

Explanation:

Outsourcing is the process where the company wants to hire someone for the completion of the organization work in order to save the cost of the company

here is the given situation, is hiring a permanent receptionist, it is better to contact someone for work in some selected days during each week so that the work of the company could not be stopped also the firm can save the cost

Hence, the third option is correct

7 0
3 years ago
The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as sp
allsm [11]

Correct/Complete Question:

The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as specifically set forth in the purchase agreement. For this reason, brokers require their salespeople to powerfully advise all buyers:

A. of their right to have a personal and professional inspection of the property they are purchasing.

B. purchase errors and omissions insurance for the buyer.

C. to spend at least one night in the house before purchasing.

D. Sign the "safe harbor provision."

Answer:

A. of their right to have a personal and professional inspection of the property they are purchasing.

Explanation:

In the sale of property, either land or house, it is important for salespersons to strongly let buyers know that they have the right to personally and professionally have the property inspected.

This is to avoid a situation where the buyer pays for the property then comes back to say something or some part of the property isn't what it is.

So by inspecting the property personally and professionally, the broker and salesperson are absolved of any issue that might arise from inspection.

Cheers.

8 0
3 years ago
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