Answer:
is not attainable for this nation
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources
Points inside the production possibilities curve means that the nations resources are not being fully utilised
Factors that cause the PPF to shift
1. changes in technology.
2. changes in available resources.
3. changes in the labour force.
The correct answer is letter c. create consumer demand. Advertising, fashion trends, and new product introductions serve to create consumer demand.
Disequilibrium occurs when the quantity supplied and the quantity demanded are not the same in a market. The statement presented is True.
Answer:
- Food service managers are facing a larger percent decrease at 3.31%
Explanation:
The percentage decrease in chefs/head cooks is:
= (100,600 - 99,800) / 100,600
= 0.795%
= 0.8%
Percentage decrease for food service managers is:
= (320,600 - 310,000) / 320,600
= 3.31%
Explanation:
The correct journal entry is as follows:
Cash Dr $90
Service revenue Dr $560
To Account receivable $650
(Being the cash received is recorded)
Basically we debited the cash for $90 and service revenue for $560 and credited the account receivable for $650 so that the correct posting could be done
The cash difference is
= $650 - $560
= $90
Explanation:
Wisynco Group Limited has 1,500 total employees across all of its locations and generates $195.02 million in sales (USD).
