Answer:
A. Movement on the PPC
B. Rightwards / Outwards shift of PPC
C. Less Concavity of PPC
Explanation:
Production Possibility Curve is combination of two goods that an economy can produce, given resources & technology (efficient utilisation).
- It is a downward sloping curve as more of one good can be produced by sacrifising other good, same resources & technology.
- It is concave curve because of increasing marginal opportunity cost, i.e increasing amounts of a good to be sacrifised to gain additional amount of other good, as resources are not equally efficient in production of both goods.
- Points on PPC reflect full utilisation, points under PPC reflect under utilisation, points above PPC are unattainable.
a) A disagreement between persons favouring more domestic welfare spending or national welfare spending : Is just an issue of reallocation of same resources, technology. So, PPC doesn't change & there can only be movement on the PPC (more of one good, less of other good)
b) An increase in population : leads to increase in human resource & hence the PPC shifts outwards / rightwards as the production potential of economy rise with more human resource.
c) Technological change that make resources less specialised : would reduce resources' efficiency gap in production of two goods. So, Marginal Opportunity cost reduces & hence the PPC becomes less concave.
Answer: $825
Explanation:
Total seminar cost for the team;
= 150 * 5 people
= $750
Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.
= 2 * 100 * 37.5
= 7,500 cents
= $75
Cost of Seminar = 750 + 75 = $825
Answer:
debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts
Explanation:
Based on the information provided for this scenario it can be said that the entry to record this adjusting entry would include a debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts. Meaning that the bad debts expense is increasing while the same amount is being taken from the allowance for doubtful accounts. This is what the allowance method is used for, it provides an advance for uncollectible accounts, by setting aside money in a reserve account.
Hey there!
The correct answer to your question is option A.
During an interview, you should tell stories of how worked with others to complete a project or solve problems.
This is because during an interview, you want whoever is interviewing you, to be comfortable with you and accept you! The other options won't make anyone want to accept you.
Hope this helps you.
Have a great day!
Answer:
<u><em>The answer is:</em></u> team participation to perform strategy-critical activities in light of prevailing circumstances.
Explanation:
The good execution of the strategy is mainly related to the ability of managers to involve all operational areas and all employees in the process of participating in the strategic actions that were developed to achieve the goals and objectives of the organization.
Therefore, managers have an essential role in exercising control, coordination and monitoring of the teams, so that the execution of the strategy takes place in an effective and active manner, being shared as a responsibility and efforts of the entire team.
