Answer:
an economy is capable of sustaining or producing without generating higher inflation.
Explanation:
In simple words, potential economy refers to that level of output or GDP that an economy can produce and sustain over along term with its given level of inflation and resources available.
Potential income has to be maintained over a long term and is based on the assumption that all of the resources available, whether human or natural, will be utilized as according to their maximum utility power.
Answer:
the best possible answer is keep the marginal costs below marginal revenue.
Answer:
Transnational strategy
Explanation:
There is a difference in global approach and Transnational approach.
In global approach, one product is sold and promoted the same way across all channels and location. While in the case of Transnational strategy, it is more like a customized or personalized approach to sell products to a particular targeted audience.
Hope this helps.
Good Luck.
Answer:
c) $13,000.
Explanation:
Using the accounting equation;
Assets - liabilities = Owners' equity
Owners' equity is usually made up of the common stock and the retained earnings.
Therefore, given;
Assets = $50,000
Liabilities = $22,000
Owners' equity = $50,000 - $22,000
= $28,000
Owners' equity = Retained earnings + common stock
Retained earnings = $28,000 - $15,000
= $13,000
Amount for retained earnings is $13,000.
Answer:
Total= 36,800 pounds
Explanation:
Giving the following information:
Sales (units ) - Production (units):
May: 20,000 - 19,000
June: 18,000 - 16,000
Two pounds of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs.
Purchases for May= production for the month + desired ending inventory - beginning inventory
Production= 19,000*2 pounds= 38,000 pounds
Desired ending inventory= (16,000*2)*0.2= 6,400 pounds
Beginning inventory= (38,000*0.2)= (7,600)
Total= 36,800 pounds
