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

Answer 1
Answer: 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 2
Answer:

Answer: the opportunity cost goes up

Explanation: bc.


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As the manager of an organization that is attempting to build a marketing information system (MIS), you have been informed that an MIS is built upon three fundamental information sources. The sources are ________, marketing intelligence activities, and marketing research.A) external records and documentsB) databases found on the InternetC) consultant reportsD) internal company recordsE) secondary data from government sources such as the Better Business Bureau

Mellow Co. depreciates a $12,000 asset over five years, using the straight-line method with no salvage value. At the beginning of the fifth year, it is determined that the asset will last another four years. What amount should Mellow report as depreciation expense for year five?

Answers

Answer:

$600

Explanation:

Using the straight-line depreciation method:

Cost amount $12,000:

useful life five years

depreciation per year: =$ 12000/ 5

       =$ 2,400.00

Book value at the beginning of year five:

=cost price minus four years of depreciation

=$12,000-($2400 x 4)= $ 12,000- $ 9,600

=$2, 400.00

Another four years of useful life:

Depreciation = Book value /4

   =$2400/4

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Suggest one project that bricks construction could implement to address each key problem area listed in the scanario above

Answers

The projects that bricks construction can do are :
- Lack of housing >> They can provide more houses that available for their workers

- Unemployment >> They could teach some finance/entrepreneurial skills to the individuals nearby

- Poor Education and training >> They could build some sort of education center for specific job

What OSHA Act requires employers to "furnish to each of his/her employees employment and a place of employment which are free from recognized hazards that are causing or are likely to cause death or serious physical harm to his/her employees"?

Answers

Answer:

Explanation:The general-duty clause of the Occupational Safety and Health Act states that it is each employer's duty to furnish a place of employment free from recognized hazards.

General Duty Clause.

The General Duty Clause places a base standard for all employers regardless of type to provide a safe environment for their employees that is free from life threatening hazards. The General Duty clause comprises thousands health and safety standards/rules.  

True or false Historically, unions were considered to be conspiracies against businesses and were prosecuted in the courts.

Answers

That statement is true

union could greatly damage a business reputation and productivity. The competition's of a business could be the one that form the union and try to sabotage that business

Pumpkin Inc. sold $500 in pumpkins to a customer on account on January 1. On January 11, Pumpkin collected the cash from that customer. What is the impact on Pumpkin's accounting equation from the collection of cash?

Answers

Answer:

No Net Impact on Pumpkin's Accounting Equation from collection of cash.

Explanation:

Sales transaction has already been recorded and there is a Account receivable with $500 balance which is an asset account. On January 11 Cash has been received and the transaction was as follows:

Dr. Cash                         $500

Cr. Account receivable $500

Cash and Account receivable are both assets account therefore there will be no net impact on pumpkin's accounting equation one type of asset account balance is increasing the other type of asset account balance is decreasing when we post transaction.

Accounting Equation

                                           Asset     =     Equity  +  Liability

Dr. Cash                             +500                0                0

Cr. Account Receivable    -500                 0                0

Total Impact                           0                   0                0

Compared to the past, most companies’ dress codes are more _____.a. formal
b. casual
c. fixed
d. rigid

Answers

The answer is B. Casual

In the past, most companies' dress codes usually consist of a very uncomfortable suit that will cover your body with sweat, even if you work behind the desk

Now days, more and more companies realize that making their employees feel comfortable during the work period will increase their work efficiency

I believe the answer is B