Which of the following represents the best possible economic situation created by the relationship between population and real GDP?A. the population decreases and the real GDP increases
B. the population decreases and the real GDP decreases
C. the population increases and the real GDP stays the same
D. the population increases and the real GDP decreases

Answers

Answer 1
Answer: The best possible economic situation created by the relationship between population and real GDP would be : A. Population decreases and the real GDP increases.
with this condition, the total GDP per capita of that nation would be increased, which is the best scenario compared to the other options

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A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balance sheet is called thea. last-in, first-out method.
b. first-in, first-out method.
c. specific identification method.
d. weighted-average method.

Answers

The answer is B. First in, first out method

Or commonly known in accounting as the FIFO method, is inventory valuation method where the first goods purchased by company is also the first goods sold.

By doing that, this will make the last goods purchased ( the most recent purchased) by the company became company ending inventory.


The law of increasing costs means that as production shifts from one item to another:a. the cost of production gets cheaper and cheaper.
b. the cost of producing an item stays the same no matter how many are produced.
c. more and more resources are necessary to increase production of the second item.
d. the land costs of increasing production rise much more steeply than do the labor costs.

Answers

The answer is C. more and more resources are necessary to increase production of the second item

Because once all factors of production are at maximum output, producing more products will cost more than average ( because we need to add more resources)

Answer: the opportunity cost goes up

Explanation: bc.

if george earned $50,000 and was taxed $7,500, while julia earned $80,000 and was taxed $9,000, what type of income tax structure exists in their country?

Answers

Hey there

The correct answer is regressive income tax. 

Regressive income tax is the type of income tax structure that exists in their country

the answer is regressive income tax.  


Describe the purpose of the rules of etiquette.

Answers

The rules of etiquette are important because the show goo moral skills. In business proper etiquette skills are imperative for success. They help you through business negotiations, settlements, trust, and over all reputation. This is why big business succeed, just know presenting your self in high character even if your not that high can always lead to success.

Answer: Rules of etiquette are in place to help people in social situations deal with each other appropriately. Etiquette helps us to show respect, to be accepted by the larger group and to show good manners.

Explanation:E22

The spread of an economic system based on investing to make profits, which is becoming the world s dominant economic system, is referred to as ______

Answers

The spread of an economic system based on investing to make profits, which is becoming the world's dominant economic system is referred to as globalization of capitalism. 

Holly Farms has sales of $581,600, costs of $479,700, depreciation expense of $32,100, and interest paid of $8,400. The tax rate is 42 percent. How much net income did the firm earn for the period? A. $25,78835,612

$43,380

$45,671

$45,886

Answers

Answer:

B. $35,612

Explanation:

The net income which shall be earned by the Holly Farms shall be determined through following mentioned formula:

Sales                                    $581,600

Costs                                   ($479,700)

Depreciation expense        ($32,100)

Interest expense                 ($8,400)

Income before tax               $61,400

Tax@42%                            ($25,788)

Net income for year            $35,612

So based on the above discussion, the answer is B. $35,612