Answer: $7,500
Explanation:
Cost allocation base is Cubic feet which is 100,000 ft³.
Department A has 15,000 ft³ of the 100,000 ft³.
Depreciation is $50,000
Depreciation for Department A is therefore;
= (15,000/100,000) * 50,000
= $7,500
Suppose a drought in australia has seriously impaired agricultural productivity. This impairment in productivity affect short-run aggregate supply by causing the short-run aggregate supply curve to shift to the left.
The aggregate supply curve shifts to the left as the price of key inputs rises, making a combination of lower output, higher unemployment, and higher inflation possible to shift to the left.
The aggregate supply model is a model which shows what determines total supply for the economy and how total supply interact at the macroeconomic level.
The aggregate supply curve shifts to the right as productivity increases or the price of key inputs falls, which will make a combination of lower inflation or higher output, as well as the lower unemployment is possible.
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Answer: c. Structural unemployment
Explanation:
Susie lost her job due to competition, someone could offer better than what she offer, the loss of job was not as a result of downsizing but rather a structural unemployment.
Answer:
a) see attached image
b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs
c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets
Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs
e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.
Explanation:
