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4 years ago

Which of the following could lead to an inward shift of the PPF?

1 answer:

5 0

The correct answer to your question is : A law is passed whereby a mandatory retirement age of 60 is imposed

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The ________ documents the portion of work to be purchased, in enough detail so potential suppliers can decide if they feel they

anyanavicka [17]

The procurement statement of work documents the portion of work to be purchased in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.

<h3>What is procurement?</h3>

Procurement can be defined as a terminology that is used to connote the purchase of raw materials, items or resources from suppliers, which are used by business firms for the manufacturing of other finished goods and services.

Basically, the procurement statement of work is typically used to document the portion of work to be purchased by an entrepreneur or business firm in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.

Read more on procurement here: brainly.com/question/26101126

5 0

2 years ago

On june 1, nicholson company purchased inventory on account with a cost of. Credit terms were 2/10, net 30. On june 2, nichol

alex41 [277]

The Journal entry which Nicholson company will prepare on June 2 will be like when goods are returned the reverse entry is made which is

Accounts Payable A/c Dr. $480

Purchase Return / Inventory A/c Cr. $480

A journal entry is an act of recording any transaction, whether it is economic or not. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.

Accounting journal entries are transferred from the journals and posted to the general ledger in order to record financial transactions in the accounting system. Modern accounting software handles the majority of this process automatically, but it's crucial to understand what's going on since there are instances when manual entries will need to be made to adjust or correct account balances at the conclusion of an accounting month.

To learn more about Journal entry visit: brainly.com/question/20421012

#SPJ4

8 0

1 year ago

A market might have an upward-sloping long-run supply curve if A. firms have different costs. B. consumers exercise market power

____ [38]

Answer:

Option A is correct

Firms have different costs.

Explanation:

Option A is correct

Long run supply curve is upward sloping or constant horizontal line depends on the industry whether it is variable cost industry (increasing production cost) or a constant cost industry respectively. Option A is correct because if firms have different production cost and it is increasing as the output is increasing then it is upward Sloping long-run supply curve.

4 0

4 years ago

Over the past year you earned a nominal rate of interest of 10% on your money. The inflation rate was 5% over the same period. T

Veronika [31]

Answer:

Explanation:

Purchasing power refers to the amount of goods and services a unit of currency can buy.

Purchasing power can be determined by finding the real interest rate.

Real interest rate = Nominal interest rate - inflation rate

10% - 5% = 5%

I hope my answer helps you

5 0

3 years ago

Production Budget

Yakvenalex [24]

Answer:

Stillwater Designs

Production Budget for S12L7 

For the Year Ended December 31, 20X1

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.

Sales 1,120 3,080 7,840 6,440

Desired ending inventory 616 1,568 1,228 252

Total needs 1,736 4,648 9,068 6,692

Less: Beginning inventory (340) (616) (1,568) (1,228)

Units produced 1,396 4,032 7,500 5,464

Stillwater Designs

Production Budget for S12L5 

For the Year Ended December 31, 20X1

1,680

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.

Sales 1,820 1,960 7,420 5,460

Desired ending inventory 588 2,220 1,638 504

Total needs 2,408 4,180 9,058 5,964

Less: Beginning inventory (170) (588) (2,220) (1,638)

Units produced 2,238 3,592 6,838 4,326

Explanation:

Production Budget shows the quantities of finished goods that must be produced to meet expected sells plus any increase of inventory levels that might be required.

8 0

4 years ago