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Ludmilka [50]
3 years ago
10

What are the approaches for learning Economics effectively?

Business
1 answer:
mixer [17]3 years ago
7 0
the linear stages of growth model, theories and patterns of structural change, the international dependency revolution, and the neoclassical theories. The term economic development is a term that economists, politicians, and others have used frequently.
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Which one of the following combinations of firms would benefit the most through the use of complementary resources? a ski resort
tekilochka [14]

Answer:

a golf resort and a ski resort

Explanation:

Complementary resources are those ones that can substitute for each other, and when taken together consumer uses less of both resources than when they are taken seperately.

A ski resort and a golf resort are both facilities that are used by sports enthusiasts.

So for example if there are 40 sports enthusiasts they can use the golf resort, the ski resort, or a combination of both.

5 0
3 years ago
Texas Instruments produces electronic chips used in a variety of devices, from cell phones to hand calculators. The specificatio
frez [133]

Answer:

Customer segmentation

Explanation:

Customer segmentation involves dividing customers into groups and segments.

8 0
4 years ago
A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $10 per order. The revised EOQ is:
ruslelena [56]

Answer: three times as large

Explanation:

Economic order quantity will be calculated as follows:

EOQ = ✓(2DS/H)

D = Demand in units

Here S = Ordering cost = $10

H = Holding cost

Since S = $10

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 10 × D/ H)

= ✓(20D/H)

Since we're to increase the order cost from $10 per order to $90 per order, then EOQ will be:

Since S = $90

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 90 × D/ H)

= ✓(180D/H)

3✓20DH

The revised EOQ will then be 3 times as large.

4 0
3 years ago
On January 1, 2017, Grand Haven, Inc., reports net assets of $945,300 although equipment (with a four-year remaining life) havin
borishaifa [10]

Answer:

patent on the consolidated estament: 32,000

Explanation:

45,000 x 80% = 36,000

36,000 / 9 = 4,000 amortization per year

 patent of Grand heaven

<u>      debit           credit        </u>

  36,000 recognize at purchase

                        4,000 december 31th amortization

  32,000 balance.

5 0
4 years ago
Straight Industries purchased a large piece of equipment from Curvy Company on January 1, 2019. Straight Industries signed a not
Damm [24]

Answer:

$30,604

Explanation:

The computation of the interest expense for the year 2020 is as follows:

2019 interest expense is

= Equipment amount × rate of interest

= $311,967 × 9%

= $28,077

The Dec 31 2019 liability of book value is

= $311,967 + $28,077

= $340,044

Now the interest expense for the year 2020 is

= $340,044 × 0.09

= $30,604

3 0
3 years ago
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