Answer:
c. can improve its allocation by producing more of one good and less of the other.
Explanation:
Production possibility curve shows all the combinations not two products that can be produced by an economy with a given level of resources. When more of one good is produced, less of the other is produced.
When the marginal benefit of the goods are not equal to the marginal cost, the economy can find a balance where the benefits of producing bother goods exceeds their cost.
This can be done by producing more of one good and less of the other.
Answer:
Monopoly
Explanation:
Monopoly is a form of market structure when a particular company dominate the market of a particular product leaving room for little or no competition.
Answer:
The answer is below;
Explanation:
b. Allowance for Doubtful Accounts Dr.$4,000
Bad Debts Cr.$4,000
c. Bad Debt Expense Dr.$5,000
Account Receivable Cr.$5,000
d. 1)Account Receivable Dr.$5,000
Bad Debt Expense Cr.$5,000
2)Cash Dr.$5,000
Account Receivable Cr.$,5000
Feedback gives somebody another point of view other than there own allowing them to improve themselves
One way for a country to curb runaway inflation is to impose price controls. The price controls a government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation. In addition, polycentric pricing allows management in each global market to establish its own prices and market holding strategy is often used in response to unfavorable currency swings