When society produces the combination of goods and services on the PPF that it values the most highly, society has Allocative efficiency. PPF is defined as the public provident fund, and Allocative efficiency<span> is the point in which the preference of the product consumption is balanced in production levels in an economy. This is specifically related to the benefit of a product or service being equivocal to the cost of making it, directly reflective of consumer preferences.
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Answer:
$(4,000)
Explanation:
Calculation to determine At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash
Inventory purchased on account $5000
Less Returned of inventory purchased $1,000
Net Operating Cash Flow $(4,000)
($5,000-$1,000)
Therefore At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash is $(4,000)
Answer:
Employees,Governments,Local communities,customer
Answer:
False
Explanation:
Both supply and demand concepts rest on the relationship between price and quantity.
Quantity demanded increase when price falls and falls when price increases.
Quantity supplied increases when price increases and falls when price falls.
The demand and supply curve are plotted with price on the y axis and quantity on the x axis.
I hope my answer helps you
