1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
laila [671]
3 years ago
9

What is the income flow associated with labour?

Business
1 answer:
ratelena [41]3 years ago
8 0

Answer:

Explanation:

Factor income is the flow of income that is derived from the factors of production ,the general inputs required to produce goods and services. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.

You might be interested in
Classify each property according to whether it is displayed by metals or by nonmetals
ElenaW [278]
<span>The following properties can be classified as those associated with metal elements: having a high density, malleable, and having low melting points. The following properties can be classified as those associated with non-metal elements: dull and nonreactive to acids.</span>
3 0
3 years ago
A business received an offer from an exporter for 10,000 units of product at $13.50 per unit. The acceptance of the offer will n
OverLord2011 [107]

Answer:

Effect on income= $15,000 increase

Explanation:

Giving the following information:

A business received an offer from an exporter for 10,000 units for $13.50 per unit.

Unit manufacturing costs:

Variable 12

<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.</u>

Effect on income= number of units*unitary contribution margin

Effect on income= 10,000*(13.5 - 12)

Effect on income= $15,000 increase

4 0
3 years ago
Sally Smith decided to start a sea shell business. Her initial investment in the business consisted of $10,000 in cash. Record t
tensa zangetsu [6.8K]

Based on the transaction that Sally engaged in, recording it will involve:

  • Debiting cash for $10,000.
  • Crediting equity for $10,000.

<h3>Recording Sally's transaction. </h3>
  • The cash transaction is an investment which will be recorded in the Shareholder's Equity account.
  • The investment came in cash so will go to the cash account.

When cash is increased as was the case here, it should be debited. When equity increases as was the case here once more, it is to be credited.

Find out more on shareholder's equity at brainly.com/question/26384373.

8 0
2 years ago
The MOST accurate way to establish reserves is to divide the cost of each item and piece of equipment by its expected useful lif
N76 [4]

Answer:

True

Explanation:

Reserve are the amount kept aside to replace the existing building or component over a period of time due to wear and tear. It is also know as reserve for replacement in real estate industry, it is considered as asset for the project. Replacement reserve does not include funds which are require for repairing and maintenance. Fund can be reserved by calculating cost of each item and equipment divided by its useful life in years.

3 0
3 years ago
For a typical firm, as production continues to expand marginal cost will increase due to?
mariarad [96]

For a typical business firm, as production continues to expand marginal cost will increase due to the use of less productive resources.

<h3>What is law of diminishing marginal productivity?</h3>

The law of diminishing marginal productivity states that as the unit of a good produced by using more variable input units alongside a certain amount of fixed inputs increases, the total output may grow at a faster rate initially, then at a steady rate, and then starts decreasing or diminishing as the units of good produced increases.

<h3>What is marginal cost?</h3>

Marginal cost can be defined as the additional amount of money that is paid by a business firm from the production of an additional unit of a good or service.

In conclusion, as production continues to expand for a typical business firm, marginal cost will increase due to the use of less productive resources in accordance with the law of diminishing marginal productivity.

Read more on law of diminishing marginal productivity here: brainly.com/question/28149506

#SPJ1

4 0
1 year ago
Other questions:
  • Greg's Copy Shop bought equipment for $60,000 on January 1, 2006. Greg estimated the useful life to be 3 years with no salvage v
    13·1 answer
  • When Jeff Bezos founded Amazon in 1994, he was laying the foundation for the world’s largest ________, because Amazon uses the I
    9·1 answer
  • Schrock Company purchases a new delivery van for $60,000. The sales taxes are $4,500. The logo of the company is painted on the
    9·1 answer
  • In the _____ step of the adoption process, a consumer begins to give the product a mental trial by applying it to his or her per
    14·1 answer
  • Journalize the following transactions assuming a perpetual inventory system:
    13·1 answer
  • If the federal reserve lowers the federal funds rate, what will happen to bank savings account?
    10·1 answer
  • . At December 31, 2015, Xerox reports $349 million of 8% Series A Convertible Preferred stock. What is the dollar amount of divi
    10·1 answer
  • An unlicensed property manager can do all of the following except: Maintenance Showing units Negotiating lease terms Furnishing
    13·1 answer
  • plants are in threatened state and getting rare. Discuss in the class and prepare a list of causes of rareness of animals and pl
    12·1 answer
  • At 90 days past due what happens to all cardholder accounts associated with a managing account?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!