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
Dimas [21]
2 years ago
9

Economic growth refers to a steady increase in the production of goods and services in an economic system.

Business
1 answer:
MatroZZZ [7]2 years ago
3 0

Answer:

<em>Economic growth refers to a steady increase in the production of goods and services in an economic system.</em><em> </em><em><u>True</u></em>

You might be interested in
Discuss the possible causes of change in Shoprite​
velikii [3]

Answer:

Economical factors, company reasons, innovative leadership, business growth, and competitor actions are common causes of business change.

Explanation:

The economic factors influencing business activities

In a country concerned with the production, distribution, and use of goods and services, the economy includes all activities.

The economic environment has a major impact on companies. Consumer expenditure affects prices, investment decisions, and the number of employees employed by enterprises.

In four main ways, the economic climate affects companies:

  • unemployment
  • Consumer income change levels
  • Rates of interest
  • Rate of taxation
6 0
3 years ago
According to the affordable care act new health insurance marketplaces are established by the
jekas [21]
<span>According to the Affordable Care Act new health insurance marketplaces are established by the Patient Protection Act. This Act was put in place to let patients compare different health insurance companies and benefits to determine what is best for them. The benefits are dependent on how many people or an individual needs coverage and what type of coverage they are wanting to have. </span>
6 0
3 years ago
Harding corporation sells two products, standard and supreme. expected sales are 40,000 standard and 60,000 supreme. standard's
dolphi86 [110]

Contribution for Standard is $30 per unit and Supreme is $60 per unit, Thus if Fixed expenses are first divided between the two products on the basis of Contribution per unit, It can be calculated as below:

Fixed Expense Bifurcated on basis of Contribution per unit= 30:60

Which Comes to 1:2

Thus it will be bifurcated as $1200000 for Supreme and $600000 for Standard

Thus for Standard to break even it Requires to Sell the below no of units:

Break Even Point in units=\frac{Fixed Expense}{Contribution per unit}

Break Even Point in units=\frac{600000}{30}

Break even points in units=20000 units

7 0
3 years ago
Difference between mature and fertilizer​
Daniel [21]

Fertilizer and manure can be added to the soil in order to increase the yield of crops. Fertilizer, however, has more nutrients in it and is therefore more beneficial to growing plants. Manure can be prepared in fields (created by animal and plant wastes) while fertilizer is created in factories (using chemical compounds). Manure provides humus to the soil while fertilizer does not, but fertilizer is absorbed by plants more quickly than manure.

8 0
3 years ago
Assume that Roth’s accountants are expected to work a total of 8,000 direct labor hours in 2018. Roth’s estimated total indirect
xz_007 [3.2K]

Answer:

$12 and $180

Explanation:

The computation of the predetermined overhead rate is shown below:

As we know that

The predetermined overhead rate is

= Estimated total indirect cost  ÷ expected direct labor hours

= $96,000 ÷ 8,000

= $12

And, the indirect cost is

= Predetermined overhead rate × number of hours

= $12 × 15

= $180

We simply applied the above formula

8 0
4 years ago
Other questions:
  • ​a decision maker whose utility function graphs as a straight line is
    11·1 answer
  • Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance Guillermo's Oil and Lube Company is a se
    14·1 answer
  • Problem 4-6 (Algo) Income statement presentation; Discontinued operations; EPS [LO4-1, 4-3, 4-4, 4-5] Rembrandt Paint Company ha
    5·1 answer
  • "A borrower obtained a $10,000 term loan with 6 1/2% interest paid yearly. A $1,000 principal reduction was to be paid with each
    13·1 answer
  • Horizontal analysis of income statements a.shows individual revenue and expense items as a percentage of net income. b.shows cha
    11·2 answers
  • How can setting goals help me get some of the things I need or want?
    13·2 answers
  • What do safeguarding devices do to protect the worker?
    11·1 answer
  • Glenda is the sole shareholder of Condor Corporation. She sold her stock to Melissa on October 31 for $150,000. Glenda's basis i
    14·1 answer
  • Explain how herbs are used in treating any<br>5 diseases<br>​
    13·1 answer
  • Question 2 of 20 what was the impact of mao zedong's great leap forward in china? o a. mao's oppression of urban workers allowed
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!