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3 years ago

A good economic theory___________.

Business

1 answer:

Ray Of Light [21]3 years ago

3 0

Answer:

The correct answer is B

Explanation:

Economic theory is the theory which states or trying to explain the phenomena of economics, how the economy behaves, interpret the reason and what is the best solution to the economic problem- how to influence the economic theory.

All the theories of the economic, used to explain the particular problems or the situation in the economy through its model.

So, the good economic theory would be the one which comprise of the simplification of reality.

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a company produces a single product. variable production costs are $14.00 per unit and variable selling and administrative expen

My name is Ann [436]

The value of the ending inventory under variable costing is calculated to be $19,600.

To determine the value of the ending inventory under variable costing we first find out the units in the ending inventory as follows;

Units in ending inventory = Units in beginning inventory + Produced units − Sold units

Units in ending inventory = 0 + 6000 - 4600

Units in ending inventory = 1400

Now the value of the ending inventory under variable costing can be determined by multiplying units in the ending inventory by the variable production cost as follows;

Value of Ending inventory = Unit in ending inventory × Variable production cost

Value of Ending inventory = 1400 × 14

Value of Ending inventory = $19,600

Hence, the value of the ending inventory would be $19,600 under variable costing.

To learn more about ending inventory; click here:

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1 year ago

Phân phối của tài chính có đặc điểm *

Sindrei [870]

Answer:

good afternoon friend

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2 years ago

In 2007, Gillette saw an opportunity to capture the market of 500 million Indians who used double edge razors with no protection

rusak2 [61]

Answer:

Gillette in India

The failure of the Vector was caused by the fact that Indian men have longer and thicker hair, which the lack of earlier research in the targeted demographic segment did not discover.

Explanation:

Since Indian men have longer and thicker hair than the local consumers of Gillette's razor products in America, an earlier research would have uncovered the fact. Thereafter, the discovery would have been incorporated into the design and production of Vector for the Indian market. No wonder, with its Mach 3 Turbo razor, Gillette overcame its initial inertia and handicap and made a success of the razor business in India.

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2 years ago

Suppose that there are 50 firms in a monopolistically competitive industry in country A and 50 firms in the same monopolisticall

blondinia [14]

Answer:

The total number of firms in this industry will decrease in the long run because increased competition will mean lower profit margins which will lead to some firms earning sub normal profits which will force them to leave the industry.

Explanation:

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3 years ago

A large account previously written off in a prior year was unexpectedly collected in the current year. as a result, the current

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In the given case the accounts were previously written off by debiting the Allowance for doubtful debts accounts now in order to revive these accounts receivable, we should Debit the Accounts Receivable and credit the Allowance for doubtful debts accounts. Hence the account to be credited is Allowance for doubtful debts accounts.

Hence the answer shall be Allowance for doubtful debts accounts

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3 years ago