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Usimov [2.4K]
3 years ago
10

you hear about an economy with no change in the number of workers or capital. yet, production increases. what idea does this ill

ustrate?
Business
1 answer:
olasank [31]3 years ago
8 0

Answer:

It might be because of an increase in efficiency in the workforce or advances in technology. Hope it helps :)

Explanation:

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What would cause an increase in the equilibrium price of a good?
crimeas [40]

Answer:

Demand and supply

Explanation:

Demand and supply are the two factors which effect the equilibrium of price. If demand increases and the supplies remains constant the price will increase. On the other hand when demand decrease and the supplies remains constant the price will fall. So these two factors effect the Equilibrium price of a good.

5 0
3 years ago
"Diminishing marginal​ returns" refer to a situation in which the ______.A. average product of the last worker hired is less tha
galben [10]

Answer: C. marginal product of the last worker hired is less than the marginal product of the previous worker hired

This statement is correct because marginal product refers to the increase in the production, when 1 worker is added to the production process. Diminishing marginal returns set in when adding one extra worker increases the production less than the previous worker did.

Explanation:

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3 years ago
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible A
Lunna [17]

Answer:

$870

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

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Allowance for uncollectible accounts at 5%

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Since the Allowance for Uncollectible Accounts was $640 (credit) before any adjustments, the bad debt expense for the year

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3 years ago
What is the Securities and Exchange Commission (SEC)?
ValentinkaMS [17]
A federal agency that regulates the stock market
7 0
2 years ago
Read 2 more answers
Paul Abdul Oil Corporation (PAOC) began as a relatively small oil company. As PAOC has grown, the company has gained a highly tr
hoa [83]

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3 years ago
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