14. Alin sumusunod ang hindi nagpapahayag ng kahalagahan ng
produksiyon sa pang-araw-araw na pamumuhay?
4. Ang produksiyon ang pinagmumulan ng mga produktong kailangang
ikonsumo sa pang-araw-araw.
B. Ang produksiyon ay lumilikha ng trabaho.
C. Ang pagkonsumo ang nagbibigay-daan sa produksiyon ng produkto at
serbisyo, kaya dahil dito masasabing mas mahalaga ang produksiyon kaysa
sa pagkonsumo.
D. Ang mga kinita mula sa bawat salik ng produksiyon ay nagagamit ng
sambahayan sa pagbili ng produkto at serbisyo.

Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400

You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.