Answer:
No, property rights will not help in the economic growth
Explanation:
Property rights is the ownership of resources legally and how the resources can be used. The resources can be of tangible as well as intangible in nature and can be owned by the businesses, governments and individuals.
Economic growth is increase in the manufacturing of the goods and services in the economy.
So, owning the rights of the property would not help in increasing the economic growth as the ownership is taken by individual or business for their own benefit not for economic growth.
Therefore, the property rights will not help in economic growth as it allow people to own the expensive items.
Answer:
1.33 walls
Explanation:
Here is the complete question :
Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls, or install 6 outlets. In one hour, Bill can paint 5 walls, or install 5 outlets a. If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the opportunity cost of each of those outlets?
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
By doing the outlet, Amy is forgoing the option of painting walls.
Opportunity cost = 8/6 = 1.33 walls
Answer:
The firm's accounts receivable balance is $274,444.39
Explanation:
In this question, we have to apply the daily sales outstanding ratio which is shown below:
Days sales outstanding = (Accounts receivable ÷ Total credit sales) × total number of days in a year
36 days = ($380,000 ÷ total credit sales) × 365 days
So, the total credit sales = ($380,000) × (365 days ÷ 36 days)
= $3,852,777
Now apply the same formula, So the account receivable equal to
= $3,852,777 × (26 days ÷ 365 days)
= $274,444.39
Answer:
Your credit report will contain things like personal information, credit account history, credit inquiries, and public records.
Explanation:
It is true that the narrative pattern of organization is particularly effective when addressing a sympathetic audience.
The narrative pattern refers to the fact that you are organizing your speech or writing around a particular story that you want to tell. You want your audience to perhaps learn something from your story, to get your message, and it will be particularly successful if your audience is a sympathetic one.