Answer:
Graph file is attached
Explanation:
Point A, and B are the bundles available for Katrina to buy on this budget. Since she has already bought one unit of each she only has $60 left to spend. With these $60 she could either choose to buy 3 DVDs or 3 CDs or she could choose from point A and B. L represents budget line and point A and B represent bundles.
Answer:
sales less cost of goods sold
Explanation:
Gross profit is the profit earned after after deducting the costs of goods sold from revenue
I hope my answer helps you
Answer:
1.short run aggregate supply decreases
2.short run aggregate supply decreases
3.short run aggregate supply increases
Explanation:
The short run aggregate supply is the total production of goods and services in an economy holding some factors of production fixed.
1. Even in a healthy economy. As the natural rate of unemployment increases, short run aggregate supply decreases.
2. A rise in the price of lumber (inflation) would cause a decrease in short run aggregate supply.
3. An increase in productivity caused by the acquisition of capital equipment would cause the short run aggregate supply to increase.
Answer:
ABC Daycare
Effect of Performing Plumbing Services on account on the Accounting Equation:
Assets (Accounts receivable) will increase by $565 and Equity (Retained Earnings) will equally increase by $565
Explanation:
a) Data and Analysis:
Accounts receivable $565 Service Revenue $565
The accounting equation that equals assets to liabilities and equity is always true at all times and with every correctly posted transaction. It implies that assets are financed through the contributions made by either the owners (equity) or the creditors (debts), or a combination of the two. This equation forms the basis for the double-entry system of financial accounting.
