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3 years ago

What actions might be taken by businesses and government in each phases of the business cycle

1 answer:

7 0

<span>The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (GDP) and other macroeconomic variables. A business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. Economists note, however, that complete business cycles vary in length. The duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. Some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. But the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.</span>

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At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha

KatRina [158]

Answer: $12

Explanation:

In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.

The relevant costs they will incur are therefore the Variable Marketing costs alone.

The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.

Seeing as the Variable Marketing Costs are the only relevant cost then the lowest they should accept is the Variable Marketing Costs of $12.

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3 years ago

Which group would most likely dislike a city ordinance that bans loud vehicles?

weqwewe [10]

The correct answer of the given question above would be the MOTORCYCLE DRIVERS. The group that would most likely dislike a city ordinance that bans loud vehicles are motorcycle drivers. Often times, motorcycles create loud noises in the public street which create disturbance especially in those places where loud sounds are prohibited. Hope this answer helps.

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3 years ago

Read 2 more answers

The government is required to provide legal counsel to all federal defendants who are unable to afford their own attorney. True

Yanka [14]

The Sixth Amendment guarantees the right of criminal suspects to have an attorney defend them in court. This right does not depend on the defendant's ability to pay attorneys' fees. If the defendant cannot afford one, the government must provide one.

An amendment is a formal or official change to a statute, treaty, constitution, or legal document. It is based on the verb 'change' which means 'to change for the better.

Changes may add, remove or update portions of this Agreement. They are often used when it is better to modify a document than to create a new one. Only legislative bodies are involved in the change process.

learn more about amendments here. brainly.com/question/458137

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5 0

2 years ago

Ocean Breeze Co. paid $500 cash for expenses related to advertising for the period. Which of the following shows how this event

Elena-2011 [213]

The answer is A because

8 0

3 years ago

John Grey owns Grey's Snow Plowing. In October, he collects $12,000 cash for 6 commercial accounts for which he will provide sno

mote1985 [20]

Answer:

The correct answer is Debit Unearned Plowing Revenue

Explanation:

Earlier the journal entry would be recorded as:

Cash A/c.................................................Dr $4,000

Unearned Plowing Revenue A/c..............Cr $4,000

But the correct entry that should be recorded is:

Cash A/c.................................................Dr $4,000

Plowing Revenue Earned A/c..............Cr $4,000

So, in order to pass the adjusting entry, we should debit the Unearned Plowing Revenue in order to reconcile or nill the same account by debiting.

4 0

3 years ago