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3 years ago

When output increase, the PPC of the economy

1 answer:

8 0

Costs of production to firms will fall. Costs decrease, profits increase, so firms plan to produce more, therefore AS shifts right. As both the AD and AS curves shift outward (to the right), this will result in an increase in real output GDP which is economic growth.

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Stella is a volunteer at her church during bingo night. At the end of the night, it is her responsibility to take the evening's

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Larceny is the answer i believe

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2 years ago

Consultants notified management of Goo Goo Baby Products that a crib toy poses a potential health hazard. Counsel indicates that

Vlad1618 [11]

Answer:

Income statement will have an increased expense of $4.8 million and Revenue and cost of goods sold will decrease. In balance sheet the inventory will be decreased by the amount of crib toy inventory available.

Explanation:

Income Statement will show an expense of $4.8 million in this period as the cost of recall of inventory due to health hazard. Also sales and cost of goods sold will decrease by the amount of sales of crib toy in sales and by the amount of crib toys cost in cost of goods sold and will ultimately result in decrease in a gross profit of a company.

In the Balance Sheet the amount of Inventory will be decreased by the amount of crib toys available in stock.

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3 years ago

The Pearsons decided to beautify their home by investing in a professional interior design. In the process, they dealt with empl

Romashka [77]

There are a lot of ways to beautify the home. The people required to provide the landscaping services are considered is <u>Inputs</u>.

<h3>What is a landscaping person? </h3>

A landscaper is known to be a person who earns a living by working on the earth and water so that it can become more beautiful or more aesthetically pleasing.

They are often trained in landscaping as they work to improve the existing layout and as such they are known to be <u>input </u>as they are contributing something to the beauty of the landscape.

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brainly.com/question/435722

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2 years ago

Zortek Corp. budgets production of 380 units in January and 270 units in February. Each finished unit requires four pounds of ra

SOVA2 [1]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Zortek Corp. budgets production of 380 units in January and 270 units in February. Each finished unit requires four pounds of raw material Z, which costs $3 per pound. Each month’s ending inventory of raw materials should be 50% of the following month’s budgeted production. The January 1 raw materials inventory has 190 pounds of Z.

Prouction January= 380 units*4 pounds= 1520 punds

Production Febreaury= (270*4pounds)/2= 540 pounds

Initial inventory= 190 pounds (-)

Purchase= 1870 pounds

3 0

3 years ago

If a firm produces a good and then adds it to its inventory rather than selling it, for the purposes of GDP accounting the firm

fenix001 [56]

Answer:

The statement is true.

Explanation:

Investment expenditure refers to the expenses incurred on account of creating capital assets.

If a good is produced but is left unsold or not used in the production process, then, they result in increased inventory, which is considered as an investment by the firm.

For the purpose of GDP accounting, unsold goods in inventory are treated as purchased by the firm from itself. As such, they form a part of investment expenditure in the accounting period.

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2 years ago