On the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
<h3>What is AS curve?</h3>
It should be noted that the AS curve simply means the aggregate supply curve and it's the quantity of real GDP that's supplier by the economy.
In this case, on the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
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Answer:
The appropiate Journal Entry would be the following:
Amortization Expense Dr. $5.25 million
Patent Cr. $5.25 million
Explanation:
According to the given data, we have the following:
Original Cost of patent = $18.90 million
Hence, Annual Amortization (Old) = 18.90/9 = $2.1 million
Amortization till Date (2017 - 2021) = 2.1*4 = $8.4 million
Hence, Unamortized Value = 18.90 - 8.4 =$ 10.5 million
Also, Remaining Life = 6 - 4 = 2 Years
Therefore, The New Amortization = Unamortized Value/Remaining Life = 10.5/2 = $5.25 million
The appropiate Journal Entry would be the following:
Amortization Expense Dr. $5.25 million
Patent Cr. $5.25 million
Answer:
The answer is: A. choose the combination of food and non-food consumption that makes her as well off as possible from among the combinations of food and non-food items she can afford.
Explanation:
The economic model of consumer behavior states that an individual will consume the products or services that maximize his (or her) benefits and overall well-being while minimizing costs.
So this consumer should choose the combination of products (between food and non-food products) that maximize his well-being while having the lowest possible cost.
Answer:
Current liabilities:
Notes payable $8,000
Non-current/long-term liabilities:
Notes payable $1,224,000
Explanation:
The actual amount of notes payable at 31st December is the difference between the short-term debt and the amount of cash realized from the issue of common stock whose proceeds are meant to be used in liquidating the short-term debt.
The actual amount of notes payable=$1,232,000-$1,224,000=$8,000
By issuing common stock of $1,224,000 to repay the short-term debt,the $1,224,000 is effectively converted to funding of long-term nature,hence classified as long-term liabilities
Answer:
The correct answer would be E, Taking Action.
Explanation:
You have received your poor grades in Spanish over the last two semester. Now it is the time to take action and improve your grades. You will have to take proper actions and measures in order to improve your grades in the coming semesters. So you will either have to join an extra coaching or ask your friends to teach you the language if they are getting excellent marks. You will have to work hard. You will have to give more time to study and understand the language. These are the actions that you would have to take.
