Answer:
Line production system
Scale of production
Development of Factories
Development of Capital Machinery
Development of Capital Goods Industry.
Explanation:
Line production system: This system was adopted in manufacturing companies to divide the tasks between the workers so a product can be manufactured in the fastest way possible
Scale of production: The manufacturing industry develop high levels of production that allow surpluses of production of goods in the economy.
Development of Factories: The manufacturing industry was the first in organize the Plant for production purposes. Therefore, the creation of what is nowadays known as factories was a consequence of this organization.
Development of Capital Machinery: Manufacturers Researched and developed new machines to improve the times of production. With time this technology was used for more industries to achieve fast performances.
Development of Capital Goods Industry: As machines were developed the industry of Capital goods arose and became an important source of technology for companies.
Answer:
Revenue Journal of Horizon Consulting Company
Date Invoice Account debited Dr Accounts receivable
<u> Cr Fees earned </u>
Oct. 2 321 Pryor Corp. 595
Oct. 3 322 Armor Inc. 310
Oct. 14 323 Pryor Corp. 205
Oct. 24 324 Rose Co. <u> 850 </u>
$1,960
Cash Journal of Horizon Consulting Company
<u>Date Invoice Account debited Dr Cash Cr Acc. receivable </u>
Oct. 29 321 Pryor Corp. 595 <u> 595 </u>
$595
Answer:
single-product demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed.
Explanation:
When the aggregate demand curve i.e. downward sloping would be different to the demand curve for the single product i.e. also downward sloping is due to as the single product demand curve would assume that the income would be constant in such a way the less price would lead a substitution that the product is not expensive at all
So the above would be the reason
