According to macroeconomic principle, the short-run aggregate supply curve has a <u>Positive</u> slope because as prices of <u>final goods and services</u> rise, prices of <u>inputs</u> rise more slowly.
This is based on the idea that the <u>short-run aggregate supply</u> curve shifts by changes in price level and production.
Thus, the Short-run aggregate supply curve is represented as Y = Y* + α(P-Pe).
- Here, Y => the production of the economy;
- Y* => the natural level of production, and the coefficient is positive;
- Pe => the expected price level.
Hence, in this case, it is concluded that the short-run aggregate supply curve is a significant detail to be noted in the economic analysis of business production.
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Answer:
A) Allowance method of accounting bad debts
Explanation:
Based on the allowance method, the bad debts should be calculated on either credit sales i.e. income statement method or receivable aging method i.e. balance sheet method. Also, the account receivable should be recognized at net realizable value
Therefore the allowance method of accounting bad debts is an answer
Answer:
(D) Provide this individual with feedback more often. Debrief with him to ensure that the feedback is being accepted.
Explanation:
The reason for choosing this option is to help him learn and adjust to the feedback rich environment. If he is not hinted and left to adjust, he might not ever get used to the new environment and will feel that he can be an exception.
By giving him feedback more often and briefing him after it, will make sure that he is not offended and that he understands the intent and focus of the feedback which is purely professional.
Cost of good sold; average inventory
Understand the needs of your customers; sales, transportation, the whole supply chain. Take function and brand into account. Reduce, minimise and optimise packaging materials. Reduce packaging waste, use recyclable lightweight materials, biodegradable, compostable materials and renewable resources.
