If chris's house has a present value of $12,500, and has depreciated 25% over the past 10 years, what was the original value of the house?
Answers
The original value of the house is $16,666.
To solve this problem, first multiply 2.5 by 10 years for the total depreciation of 25%. Subtract that from 100% for 75%. Then, take $12,500/.75 = $16,666, which was the home's original value.
The time period original value, with appreciate to a residential loan transaction, approach the lesser of the income price of the assets securing the loan, as pondered inside the agreement, or the appraised value at the time at which the situation residential mortgage transaction become consummated.
Original properties manner significantly all the belongings of the Partnership other than coins and cash equivalents, challenge to all of its liabilities, all as defined inside the Participation settlement.
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Related Questions
how do u mark brainlist pls? hurry
Answers
Answer:
after two or more people answer there will be a crown next to the report button
Explanation:
George, a student of mine, requested a private meeting with me in my office. george was concerned about his grade. he couldn't understand why his grade was so much lower than a few of his friends in the class. i explained he was either not putting enough effort into the class or that he may need some guidance on how to properly study for a law class. george became angry and started yelling at me and then accused me of taking bribes from other students to improve their grades. his claim is false, but he kept repeating it. what, if anything, could i sue george for? what result?
Answers
A defamation case is the procedure through which one may make untrue accusations against another person.
What is Defamation?A statement that is defamatory to a party's reputation, honor, or dignity in front of a third party. It may be written or spoken. It is either illegal or a tort. Defamation and associated crimes are defined legally differently in different countries and jurisdictions, and they may sometimes have different legal repercussions.
A defamation case is the procedure through which one may make untrue accusations against another person. Defamation is the deliberate expression of negative information about another person, even when the claim made by the speaker is untrue.
George cannot be sued by the teacher in the aforementioned situation. It is required to demonstrate that a claim was made to a third party in a defamation lawsuit. No other participant there could corroborate George's claims that the teacher had requested a bribe. Therefore, George's assertions are untrue because they were made to the teacher in private and nobody else, outside that teacher, was aware of them.
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compute cash received from customers sales $ 650,000 accounts receivable, beginning balance 25,000 accounts receivable, ending balance 34,500 case y: compute cash paid for rent rent expense $ 100,200 rent payable, beginning balance 13,300 rent payable, ending balance 11,438 case z: compute cash paid for inventory cost of goods sold $ 672,000 inventory, beginning balance 208,320 accounts payable, beginning balance 87,494 inventory, ending balance 170,822 accounts payable, ending balance 108,493
Answers
Cash received from customers: $659,500. Cash paid for rent: $101,062. Cash paid for inventory: $288,125
To calculate cash received from customers, we need to determine the change in accounts receivable. The formula is: Cash received from customers = Sales + Beginning accounts receivable - Ending accounts receivable. Substituting the values, we get $650,000 + $25,000 - $34,500 = $659,500.
To calculate cash paid for rent, we need to determine the change in rent payable. The formula is: Cash paid for rent = Rent expense + Beginning rent payable - Ending rent payable. Substituting the values, we get $100,200 + $13,300 - $11,438 = $101,062.
To calculate cash paid for inventory, we need to determine the change in accounts payable. The formula is: Cash paid for inventory = Cost of goods sold + Beginning accounts payable - Ending accounts payable. Substituting the values, we get $672,000 + $87,494 - $108,493 = $288,125.
Based on the given information, the cash received from customers is $659,500, the cash paid for rent is $101,062, and the cash paid for inventory is $288,125. These calculations help determine the cash flows associated with sales, rent expenses, and inventory purchases, which are essential for financial analysis and managing cash flow in a business.
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Preparing a/an ___________ in a rush without the appropriate level of system integration can be a costly practice.
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Rushing the preparation of an implementation plan without giving due consideration to system integration can have significant cost implications. It is crucial to allocate sufficient time and resources to ensure a thorough understanding of the integration requirements and to develop a comprehensive plan that addresses all necessary aspects for a successful implementation.
Preparing a/an "implementation plan" in a rush without the appropriate level of system integration can be a costly practice. An implementation plan outlines the specific steps, resources, and timelines required to successfully execute a project or initiative. It serves as a roadmap for implementing changes or introducing new systems within an organization.
When an implementation plan is rushed without considering the necessary level of system integration, several challenges can arise. Firstly, inadequate integration can lead to compatibility issues between different systems or components, resulting in data discrepancies, errors, or inefficiencies. These issues can hinder the smooth functioning of processes and negatively impact productivity and customer satisfaction.
Additionally, a rushed implementation plan may overlook crucial dependencies or interdependencies between various elements of the system. This can lead to incomplete or fragmented integration, rendering the system ineffective or inefficient in achieving its intended goals. It may also result in the need for costly fixes or retrofits later on to address the gaps in integration.
Furthermore, a lack of proper system integration can impede communication and collaboration between different departments or stakeholders involved in the implementation process. This can lead to misalignment of efforts, duplication of work, delays, and increased costs.
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I need some help. Need to know if cali is a good place to live. And if crime rate is dropping.
OH and I need facts AND opinions. THX
Answers
Lopez acquired a building on June 1, 2016, for $13,033,200. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. a. Calculate Lopez's cost recovery deduction for 2021 if the building is classified as residential rental real estate. Φ b. Calculate Lopez's cost recovery deduction for 2021 if the building is classified as nonresidential real estate.
Answers
(a) The depreciation deduction for 2021 for the residential building is $322,878.
(b) The depreciation deduction for 2021 for the non-residential building is $562,320.
To calculate the depreciation deduction for 2021, we need to determine the depreciable basis of the building and apply the appropriate depreciation rate. For residential rental real estate, the Modified Accelerated Cost Recovery System (MACRS) allows a depreciation period of 27.5 years, while non-residential real estate has a depreciation period of 39 years.
(a) For the residential building, we use the 27.5-year depreciation period. The depreciable basis is the original cost of the building minus the value of the land. However, since the land value is not provided, we assume that it's 20% of the total cost. Thus, the depreciable basis is $10,426,560 ($13,033,200 - 20% of $13,033,200).
Using the MACRS depreciation table, we find that the depreciation rate for a 27.5-year property in year 6 is 3.636%. Therefore, the depreciation deduction for 2021 is $322,878 ($10,426,560 × 3.636%).
(b) For the non-residential building, we use the 39-year depreciation period. Again, assuming the land value is 20% of the total cost, the depreciable basis is $10,426,560.
Using the MACRS depreciation table, we find that the depreciation rate for a 39-year property in year 6 is 2.564%. Therefore, the depreciation deduction for 2021 is $562,320 ($10,426,560 × 2.564%).
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If Lopez's building is classified as residential rental real estate, the depreciation deduction can be calculated as follows:
The depreciable basis of the property = $13,033,200Straight-line rate = 27.5 years Year 1 depreciation = 13,033,200 / 27.5 = $473,420Cost recovery deduction for 2021 = Year 1 depreciation * 2.273% = $473,420 * 2.273% = $10,759 (rounded to the nearest dollar)b)
If Lopez's building is classified as nonresidential real estate, the depreciation deduction can be calculated as follows: The depreciable basis of the property = $13,033,200Straight-line rate = 39 years Year 1 depreciation = 13,033,200 / 39 = $334,679 Cost recovery deduction for 2021 = Year 1 depreciation * 2.564% = $334,679 * 2.564% = $8,586 (rounded to the nearest dollar).
Hence, the cost recovery deduction for Lopez's building would be $10,759 (rounded to the nearest dollar) if it is classified as residential rental real estate and $8,586 (rounded to the nearest dollar) if it is classified as nonresidential real estate.
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Accenture is helping a major retailer migrate to the Cloud. The client has aggressive timelines and is worried that security will be compromised. How can Accenture help the client?
Answers
Hello. You forgot to show the answer options. The options are:
• Accenture should advise the client to wait until the next phase to implement security controls.
• Accenture should develop a custom solution and suggest a timeline extension.
• Accenture has developed accelerators that can deploy specific security controls in hours, a task that used to take months.
• Accenture recommends that the additional security controls are not needed since the Cloud is secure by default.
Answer:
Accenture has developed accelerators that can deploy specific security controls in hours, a task that used to take months.
Explanation:
Accenture will promote a good management of the retailer's files that will go to the cloud promoting the security that it needs. However, this is a slow process, which requires very delicate and precise protocols, which can cause the implementation of security systems to take months to be ready. However, as the retailer has very tight deadlines, Accenture can develop accelerators that will streamline this process.
In most SBA loans,
Group of answer choices
a) the SBA requires assets as collateral
b) the money has a zero percent interest rate.
c) the SBA does not lend any money
d) only provides guarantees to loans over $1 million.
2. When the SBA makes a loan guarantee
Group of answer choices
a) banks are willing to consider less riskier deals
b) loans typically are between one and three years
c) banks are willing to consider riskier deals
d) banks normally refuse
Answers
The correct answer of first question is A. and Second question is C. In most SBA loans, the SBA requires assets as collateral. When the SBA makes a loan guarantee banks are willing to consider riskier deals
The Small Business Administration (SBA) is a government agency in the United States that was founded in 1953 to support and assist small businesses.
SBA offers financial, educational, and assistance programs for small businesses.
SBA loans are one of the most common types of funding offered by the SBA.
SBA loans are guaranteed by the government, making it less risky for lenders to provide capital to small businesses.
The most common types of SBA loans are the 7(a) loan program, the 504 loan program, and the microloan program. In most SBA loans, the SBA requires assets as collateral.
This implies that if the loan is not repaid, the SBA may seize the assets that have been put up as collateral.
Additionally, the SBA doesn't lend any money directly.
Instead, it acts as a guarantor and offers lenders a guarantee on the loan so that they're more willing to offer the loan.
Banks are willing to consider riskier deals because of the loan guarantee.
The interest rates on SBA loans are generally lower than those offered by traditional lenders.
However, they're not zero percent. SBA loans generally have a variable interest rate, which is tied to the prime rate.
The interest rate on SBA loans varies depending on the type of loan and the lender.
Some lenders offer fixed-rate SBA loans, but these are rare.
SBA loans have several requirements, including a minimum credit score, a business plan, and a certain amount of collateral.
The specific requirements vary depending on the type of loan and the lender.
Generally, the SBA requires that the business be profitable, have a reasonable amount of collateral, and have been in business for at least two years.
The SBA also requires that the business be located in the United States and be owned and operated by a US citizen or legal resident.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Q3 Given the average-cost function \( A C=Q^{2}-4 Q+214 \), find the MC function. Is the given function more appropriate as a long-run or a short-run function? Why?
Answers
The marginal cost (MC) function can be derived by taking the derivative of the average-cost (AC) function with respect to quantity (Q). In this case, the MC function is given by \(MC = \frac{dAC}{dQ} = 2Q - 4\).
To determine whether the given function is more appropriate as a long-run or a short-run function, we need to consider the presence of fixed costs. In the given average-cost function, there are no explicit fixed costs. Thus, it is more appropriate as a long-run function, where all costs, including fixed costs, can be adjusted.
the marginal cost function for the given average-cost function is \(MC = 2Q - 4\). The given function is more suitable as a long-run function because it does not incorporate any fixed costs.
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Hi leslie. Do you think we need to order more printer paper? do you want to meet for lunch today? i’m going to check and then let you know, unless you have time to check yourself.
Answers
The exchange is inefficient because it takes too long to ask about lunch before hearing the respondent's opinion.
Based on the given message, the person is inquiring about the necessity of ordering more printer paper.
The individual is yet to determine if more printer paper is necessary and is most likely going to check the current level of paper before deciding whether to make an order or not. The message does not provide further information regarding whether the person would be able to meet for lunch or not.
Thus, the answer is: Yes, the person inquiring is concerned about the need to order more printer paper.
The paper input tray may be overloaded, dust or moisture may impact the rollers that feed or pick up paper, the printer driver may be outdated, and other factors are among the typical causes of this problem.
As a result, the paper in the tray cannot be detected by the printer.
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Answer: Purposeful
Explanation: This message is not purposeful. An improved message would state clearly the problem and its solution. “Hi Leslie. We’re running low on printer paper. Please add a box to the next supplies order.”
What are 4 factors that determine if a good is inelastic or elastic?
Answers
The four factors are availability of substitutes, (2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and (4) how much time has elapsed since the time the price changed.
What is elasticity?Elasticity is a term used to describe how responsive a particular economic variable is to changes in other economic variables. Elasticity is a tool used by economists to analyse how various variables interact.
The three primary categories of elasticity are price elasticity of demand, cross-price elasticity of demand, and income elasticity of demand.
Elasticity is a term used to describe how responsive a particular economic variable is to changes in other economic variables.
If the income elasticity is positive, the good is usual. A low-quality product would be indicated by a negative income elasticity.
Most solid materials display some degree of elastic behaviour, but each material has a maximum amount of stress and deformation that it can withstand before it cannot recover elastically.
The highest stress or force per unit area that can exist within a solid material before the commencement of permanent deformation is known as the elastic limit.
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The four factors that determine if a good is inelastic or elastic are: The availability of substitutes for the good,The proportion of income spent on the good, The necessity of the good
How do the availability of substitutes, proportion of income spent, necessity, and time frame affect the elasticity of a good?The availability of substitutes can increase elasticity as consumers have more options to choose from, while the proportion of income spent can make a good more inelastic if it is a larger portion of consumer's budget. Necessity of the good also makes it more inelastic as consumer will continue to purchase it regardless of the price change. The time frame also plays a role, as a good may be more elastic in the long run as consumers have more time to adjust to price changes.
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Exchanging business cards in Asia must be done with respect, according to the customs and norms of the country or region. This protocol is considered important during which stage of the personal selling process?
Answers
Answer:
Approach
Explanation:
The personal selling process is a term used in marketing that describes a seven-step operation, which includes the following stages: prospecting, pre-approach, approach, presentation, meeting objections, closing the sale, and follow-up. All the stages deal with issues of sales and marketing solutions.
However, the Approach stage is defined as the preliminary meeting between the salesperson and the prospective customer, whereby the salesperson gets to know the potential customer in a very short period of time. This includes how to greet in accordance with the customs and norms of the potential customer.
Hence, in this case, the correct answer is APPROACH
What market structure would the manufacturers of the cellular phones be categorize as?
Answers
Which of the following would cause a shift of the supply curve:
An increase in the price of the good
An increase in consumer's income
An increase in advertising
A new technological innovation which reduces costs
Answers
A CARTEL IS DEFINED AS A FORMAL ORGANIZATION OF PRODUCERS THAT AGREE TO COORDINATE PRICES & PRODUCTION.
OPEC is an organization that comprises the world's most important oil-producing nations.
Research this and explain how OPEC fulfills the characteristics of a cartel.
Answers
Answer:
cartel - an agreement by a formal organization of producers to coordinate prices and production
Explanation:
Who are the OPEC plus countries?
Currently, the Organization comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.
Member: Iran, Iraq, Ecuador
Place founded: Baghdad
Beth borrowed $1,500 from the bank at 8 percent interest and will make interest-only
payments until the end of the year when she will pay off the entire amount. How much
will her last payment for the entire amount be?
Answers
The amount which will be paid by Beth as her last payment is; $1510
Interest and PrincipalAccording to the question;
Beth borrowed $1,500 from the bank at 8 percent interest.Hence, the total interest to be paid is;
Interest, I = (8/100) × $1500Interest, I = $120The interest is spread equally over 12 months of the year and hence, the amount to be paid each Month is; $120/12
Monthly interest payment = $10
Hence, at the end of the loan term, Beth's last payment will be;
Last payment = $10 + $1500 = $1510
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In 2022, nina contributes 10 percent of her $100,000 annual salary to her 401(k) account. She expects to earn a 7 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 25 years, what is nina's after-tax accumulation from her 2022 contributions to her 401(k) account?
Answers
The after-tax accumulation from Nina's 2022 401(k) contributions is roughly $34,314.59.
The actions below must be taken in order to determine Nina's after-tax accumulation from her 401(k) account contributions in 2022:
Determine Nina's before-tax contribution in step one:
Assuming Nina contributes 10% of her $100,000 yearly earnings, her pre-tax contribution would be $10,000.
Determine Nina's accumulation before to taxes step two:
When Nina makes 401(k) contributions, she anticipates earning a 7% before-tax rate of return, thus her before-tax accumulation after 25 years is: $10,000 x (1 + 0.07)25 = $45,752.79
Determine Nina's after-tax growth in step Three:
We must take into account the tax ramifications of Nina's contributions and profits in order to determine her after-tax accumulation. The way Nina's 401(k) contributions and earnings are taxed will vary depending on her tax rate, when she retires, and the current tax legislation.
Nina's after-tax accumulation is $45,752.79 x (1 - 0.25) = $34,314.59 assuming a 25% tax rate.
Consequently, Nina's 401(k) account's after-tax accumulation from her 2022 contributions is roughly $34,314.59.
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union local school district has bonds outstanding with a coupon rate of 3.8 percent paid semiannually and 21 years to maturity. the yield to maturity on these bonds is 4.3 percent and the bonds have a par value of $5,000. what is the dollar price of the bond? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers
The dollar price of the bond is approximately $4,087.52.
Bond pricing refers to the process of calculating the fair price or present value of a bond, which is the sum of the present values of all future cash flows (interest payments and principal repayment) discounted at the appropriate discount rate.
We will use the bond pricing formula to calculate the dollar price of the bond;
Price = (C / r) × [1 - 1 / \((1+r/2)^{2n}\)] + F / \((1+r/2)^{2n}\)
where C is the semiannual coupon payment, r is the semiannual yield to maturity, n is the number of semiannual periods (in this case, 42 since there are 21 years and 2 semiannual periods per year), and F is the par value of the bond.
Plugging in the given values, we get;
Price = (0.038 × 5000 / 2) / (0.043 / 2) × [1 - 1 / (1 + 0.043/2)²⁴²] + 5000 / (1 + 0.043/2)²⁴²
= $4,087.52
Therefore, the dollar price of the bond is $4,087.52.
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Maggie works on Mondays, Wednesdays, and Fridays as a receptionist at a doctor's office. Jessica comes in and completes the same task on Tuesdays and Thursdays. This is an example of?
consulting
job shadowing
entrepreneurship
job sharing
Help please
Answers
Answer:
B. job shadowing
Explanation:
Hope I was right
Answer:
B B B B B B B B B B B
ANSWER B
Some decisions have only one alternative and cannot consider steps in decision making.
a. True
b. False
Answers
Some decisions have only one alternative and cannot consider steps in decision making.
false
Every decision requires making a selection between at least two options. Consequently, defining the options under consideration is the first step in the decision-making process.An alternative is a series of steps that offer a thorough solution to the decision-making dilemma. There are several traits that distinguish good options.Which stage of the management decision-making process is the first?
1. Construct the Choice. The first step in starting the decision-making process is identifying the problem. Make sure the issue has been thoroughly examined, identified, and everyone engaged in the conclusion is in agreement as to what has to be fixed.
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What information do consumer reporting agencies provide banks and lending businesses for a person's credit history when a person applies for a loan?
Select all that apply. Thanks!
Employment
Email I.D. and password
Product preference
Bankruptcy history
Debt
Relationship history
Current and past loans
Answers
8. Which of the following is NOT a job of the Federal Reserve?
1.Keeping banks safe
2.Making payment systems secure
3.Printing currency
4.Growing the economy
Answers
Answer:
I think 3
Explanation:
Why is it common for producers of services to sell through short distribution channels directly to the end user
Answers
Answer: “The people providing the service often fo so by interacting directly with the user”
Explanation: just took the quiz
Answer: B. The people providing the service often fo so by interacting directly with the user
Explanation: I just took the quiz and the answer was correct
Inflation is assumed to be a temporary problem that does not affect financial decisions.
Answers
While it is true that inflation is often temporary, it can still have a significant impact on financial decisions.
What is financial?Financial refers to the management of money, including its investment, lending, budgeting, and saving. It is based on the principles of economics, which studies how people, businesses, and governments make decisions about money. Financial activities include the buying and selling of stocks, bonds, mutual funds, and other investments, borrowing money from lenders such as banks, and managing personal budgets. Financial planning and advice are important for individuals and businesses to make wise decisions about their finances and ensure long-term financial stability.
Inflation can affect the cost of goods and services, for example, and can reduce the purchasing power of a currency. It can also cause interest rates to rise, which affects the cost of borrowing. As such, it is important to consider the potential impact of inflation when making financial decisions.
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What is the most important part of business plan?.
Answers
The important part of the business plan executive summary is arguably the most important of the business plan. It must be concise, specific, strategic, and very well-written.
Many of the people who review business plans will decide, based solely on the summary, whether to continue reading. An executive summary provides a snapshot of the plan, highlighting sales, and profit summary figures. The summary emphasizes those reasons that will make the business profitable. It must contain sound numbers for market size, trends, company goals, return on investment, and capital expenditures required. For new businesses or businesses seeking funding, excitement is an element of the executive summary. Venture capitalists collect many ideas each month, and just a few are actually read from page to page.
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How are securities connected to the last Housing Bubble (it eventually burst in 2007)?
Answers
In March 2007, the United States' subprime mortgage industry collapsed due to higher-than-expected home foreclosure rates (no verifying source), with more than 25 subprime lenders declaring bankruptcy, announcing significant losses, or putting themselves up for sale.
financial instruments related to the previous housing bubble More than 25 subprime lenders filed for bankruptcy,
reported major losses, or placed themselves up for sale as the subprime mortgage sector in the United States imploded in March 2007 (no validating source).
What do you meant by Housing Bubble?One of the many asset price bubbles that periodically emerge in the market is the housing bubble (or house price bubble). A housing bubble follows the same basic structure as other asset bubbles, with two major periods. House prices first experience a period of sharp growth that is increasingly driven by speculative activity. House prices drop significantly in the second phase.
Because they are credit-fueled, involve a large number of households rather than just investors, and have a larger wealth effect than other types of financial assets, housing bubbles typically rank among the asset bubbles with the biggest impact on the real economy.
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Who do you think will win the Election
A( Trump
B( Biden
Answers
Answer:
B. Biden
he won the election
In zombia, it takes 10 resources to produce 1 ton of cocoa and 13. 5 resources to produce 1 ton of rice. In south curmudgea, it takes 40 resources to produce 1 ton of cocoa and 20 resources to produce 1 ton of rice. Zombia has a comparative advantage over south curmedgea in.
Answers
The theory of comparative cost advantage is based on many assumptions and one of those assumptions is that "the production of commodities is done under the law of constant costs or returns".
It is presumable that constant returns to scale will make computations easier and produce useful generalizations that may be applied to the economy. Diminishing returns to scale is a more sensible assumption that is not made in the theory of comparative cost advantage, meaning that when inputs are employed more and more, their marginal product or contribution to production decreases. Furthermore, according to the comparative cost advantage theory, once a nation has determined its comparative advantage, all of its resources are put toward producing that good; as a result, the production process should reflect diminishing returns to scale rather than assuming constant returns to scale.
Any item that is readily available to us in our environment, is commercially viable, has access to modern technology, is culturally sustainable, and helps us to meet our requirements and fulfill our wants is referred to as a resource. Based on their availability, resources can be roughly classified into categories that are renewable and non-renewable.
They can also be divided into real and potential categories based on their level of development and use, biotic and abiotic categories based on their origin, and localized and omnipresent classifications depending on their dispersal (private, community-owned, national, and international resources). An item might develop into a resource over time as technology develops. Utilizing resources effectively can lead to increased income, efficient system operation, or improved well-being.
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An economy that using its resources to produce the maximum number of goods and services is described as? A. Efficient B.underutilized C.growing. D.trading off
Answers
Answer:
underutilized
Explanation: