Explanation:
A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as prices vary.
The answer is <u>"D. Network vulnerability management".</u>
A network vulnerability assessment is the way toward auditing and dissecting a PC arrange for conceivable security vulnerabilities and escape clauses.
It is utilized by system chairmen to assess the security design and safeguard of a system against possible vulnerabilities and dangers.
A network vulnerability assessment helps network administrators or organize security staff to evaluate the security quality of a specific system.
Answer:
Given that,
Petty cash fund on September 1 = $250
Office Supplies = $73
Merchandise inventory = $137
Miscellaneous expenses = $22
Fund has a balance = $18
When Petty Cash fund is reimbursed,
the expenses incurred through Petty Cash are recorded by debiting those expense.
Therefore, all the expenses incurred to be debited from the accounts.
Hence, the journal entry to record the reimbursement of the fund on September 30 includes a debit of Office Supplies for $73.
Answer: Option (C) is correct.
Explanation:
Constant returns to scale production function: When there is an increase in inputs (i.e capital and labor) as a result output increases by the same proportion.
For example: If the amounts of equipment and workers are both doubled in the production of bread then as a result the output of bread also doubled.
Suppose the capital and labor increases by 10% then as a result output also increases by 10%.
Answer:
The stick price theory helps to explain the upward sloping shape of the aggregate supply curve.
Explanation:
The price tends to be sticky for a number of reasons.
- Firms will need to incur menu costs if they constantly change prices
- Frequent change in prices may annoy the customers
- The wage rates remain the same even after change in price because the wages are based on contracts
The short-run aggregate supply curve is upward sloping because of the stickiness of price, there is a positive and direct relationship between output and price. Due to the high expected price level in the short run, the firms will expect the input prices to rise along with an increase in the product price.
To counter the increase in inputs price, the product price is kept high. The higher price provides motivation to produce more. That's why the short-run aggregate supply curve is upward sloping.