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kow [346]
3 years ago
5

President of the United States promises to produce more defense goods without any decreases in the production of other goods. Th

is promise can be valid:_______.
a) if the United States is producing at a point on its production possibilities frontier.b) if the United States is producing at a point inside its production possibilities frontier.c) only if the production possibilities frontier shifts rightward.d) if the United States is producing at a point beyond its production possibilities frontier.
Business
1 answer:
anastassius [24]3 years ago
8 0

Answer:

The correct answer is option b.

Explanation:

A production possibilities frontier shows the maximum possible bundles of two goods that an economy can produce using its given resources and level of technology.  

Because of the scarcity of resources, the production of a good can be increased only by decreasing the production of the other good.  

It is possible to increase the production of a good without reducing the production of the other only if the economy is producing at a point below the production possibilities curve.

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A company sold equipment for $100,000; the equipment had cost $300,000 and had accumulated depreciation of $180,000. The company
antiseptic1488 [7]

Answer:

Debit to loss on sale of equipment of $20,000

Explanation:

Data provided in the question:

Selling cost of the equipment = $100,000

Cost of the equipment = $300,000

Accumulated depreciation of the equipment = $180,000

Now,

The book value of the equipment

= Cost of the equipment - Accumulated depreciation

= $300,000 - $180,000

= $120,000

Therefore,

Proceeds for selling

= Selling cost of the equipment - Book value of the equipment

= $100,000 - $120,000

= - $20,000

Here, the negative sign depicts a loss

Hence,

The company’s journal entry to record the sale of the equipment would include a Debit to loss on sale of equipment of $20,000

7 0
3 years ago
Who became the first female ceo of a fortune 500 company?.
kap26 [50]

Answer:

Katharine Graham

Explanation:

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5 0
2 years ago
What is the book of first entry​
taurus [48]

Answer:

Journals

Explanation:

“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"

3 0
3 years ago
Uber is a tech company that connects its mobile phone app users who have a trip request with nearby Uber drivers who use their o
Liula [17]

Answer:

1. The price for Uber services increases.

2. The quantity of Uber services sold increases.

Explanation:

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Also the uber has one attribute i.e. surge pricing which represent the law of demand and the supply. In the case when the demand is more or the supply is less the price would increase

So overall the price and the quantity should increased

6 0
3 years ago
Callaway golf company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions r
ch4aika [34]

Callaway golf company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions regarding buying custom clubs. this is an example of a(n) "cross-sectional study".

<h3>What is cross-sectional study?</h3>

A cross-sectional study examines data from a group of people at one point in time. Participants throughout this type of research are chosen based on certain variables of interest.

Some key features of cross-sectional study are-

  • Cross-sectional studies are common in psychology, but they are also employed in many other fields, such as social science and innovation.
  • Cross-sectional studies is observational in nature but are classified as descriptive research rather than causal or relational research, which means they cannot be used to pinpoint the source about something, such as a sickness.
  • Researchers collect information from a population, yet they do not change variables.
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To know more about the cross-sectional study, here

brainly.com/question/14557972

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2 years ago
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