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Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.
Answer:
the value of the goods that were given up to produce the bicycle.
Explanation:
Opportunity cost is the cost of the next best option forgone when one option is chosen over other alternatives.
the opportunity cost of purchasing the bicycle is the value of other things that could have been bought instead of the bicycle
Answer:
$21,770
Explanation:
The computation of cost of goods sold is shown below:-
= (1,950 × $22) + (2,200 × $21) + (1,050 × $23)
= $42,900 + $46,200 + $24,150
= $113,250
Total number of units for sale = 1,950 + 2,200 + 1,050
= $5,200
Weighted average cost per unit = Cost of units available for sale ÷ Number of units available for sale
= $113,250 ÷ $5,200
= $21.77
Cost of goods sold = Sold units × Weighted average cost per unit
= 1,000 × $21.77
= $21,770
As a result of the Great Leap Forward, industrial production declined and power shifted to conservative Communist leaders. The answers would be the second and third option. The Great Leap forward also resulted in widespread famine. This led to decrease production, starvation and even c<span>hallenges to Mao Zedong's position. Hope this answer helps.</span>
The five considerations that should be considered when performing a sterile dressing change are the following;
- hands should be clean before performing the sterile dressing change
- materials should be checked as well as its expiration date
- the area where the dressing should be placed must be checked and clean
- sterile objects should only be touched and used
- a sterile field should be considered
