Answer:
The correct answer is decrease.
Explanation:
The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.
In this case, the cost of opportunity is making smartphones and because of the shape of Bulgaria’s PPF should reflect the fact that as Bulgaria produces more trucks and fewer smartphones, the opportunity cost will be weaker. Bulgaria can´t produce only smartphones, you have to make more trucks than smartphone. So that will be a reason to prefer making trucks over smartphones ( the cost opportunity looses power)
Joint venture-<span>a unique business organized by two or more other businesses to operate for a limited time and for a specific project</span>
This would be Nonmaterial Culture as it means a group's ways of thinking (including its beliefs, values, and other assumptions about the world) and doing (its common patterns of behavior, including language and other forms of interaction) this is also called symbolic culture.
Correlation coefficent = 0.5356
<u>Explanation:</u>
Portfolio variance = (Standard of stock A * Weightage of stock A)2 + (Standard of stock B * Weightage of stock B)2 + 2 * (Standard of stock A * Weightage of stock A) * (Standard of stock B * Weightage of stock B) * Correlation coefficent.
Correlation coefficent
By calculating the above equation, we get,
=> Correlation coefficent = 0.5356
Answer:
May
Dr Work in Process $35,500
Cr Wages Payable $35,500
Explanation:
Preparation of the Journal entry to record the flow of labor costs into production during May
Based on the information given the Journal entry to record the flow of labor costs into production during May will be :
May
Dr Work in Process $35,500
Cr Wages Payable $35,500
Calculated as:
Labor costs = (740*20)+(900*23)
Labor costs=14,800+20,700
Labor costs=$35,500
