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dalvyx [7]
3 years ago
9

Suppose Germany produces only smartphones and tablets. The resources that are used in the production of these two goods are not

specialized—that is, the same set of resources is equally useful in producing both tablets and smartphones.
Business
1 answer:
miss Akunina [59]3 years ago
4 0

Answer:

The correct answer is: The shape of Germany production possibilities frontier (PPF) should reflect the fact that as Germany produces more smartphones and fewer tablets, the opportunity cost of producing each additional smartphone remains Constant.

Explanation:

The frontier of possibilities varies the production of a particular good as productive resources are assigned. However, in practice, economies produce more than one good, and since productive inputs are limited, the allocation of them to produce one good means to stop allocating resources for the production of another, this implies that by producing more than one determined well you must "sacrifice" units of the other, this concept is known as opportunity cost. When increasing the production of one good necessarily implies decreasing the production of another, then we are facing an efficient allocation of resources.

The production possibilities frontier (F.P.P.) is called the outer section of the production possibilities set. When an economy is in the F.P.P. It is not possible to increase the production of one good without diminishing the production of another, so any basket that is in the F.P.P. It is a combination of efficient production.

The production possibilities frontier allows us to directly visualize the allocations of resources that are efficient and also the opportunity cost of production, to the extent that we can determine through it how much we should decrease the production of a good, when we want to increase The production of another.

For economists all costs are opportunity costs, so this concept is important for any economic analysis.

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31. The unpaid portion of a loan is called
muminat

Answer: unpaid principal balance.

Explanation: unpaid principal balance is that portion of a loan that has not yet been paid back to the lender by the borrower. The balance represents the remaining risk of nonpayment being incurred by the lender. Unpaid principal balance is the portion of a loan at a certain point in time that has not yet been remitted to the lender. The original unpaid principal balance is the amount borrowed, and therefore, the amount the borrower owes the lender on the origination date of the loan.

4 0
3 years ago
Larkspur, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sol
disa [49]

Answer:

Explanation:

Date     Unit    Unit cost    Total       Goods sold     Cost   Total

May 1    28         9                252              28                9       252

May 15  26        10               260              26                10      260

May 24 39         11                 429             26               11        286

Total      93                             941              80

1) Weighted average unit cost = 941/93 = $10.118

FIFO method

2)Ending inventory  (93-80)*11 =$ 143

FIFO method assumes that the first set of inventory are the first to be sold

LIFO method

LIFO assumes that the last set of inventory are the first to be sold

    Goods Sold       Cost     Total

            39                  11       429

            26                  10      260

             15                  9         135

Ending Inventory = (93-80)*9 = $117

Average Cost Method

Ending Inventory = 13 * 10.118 =$131.534

5 0
3 years ago
he following information was drawn from the accounting records of Chapin Company. On January 1, Year 1, Chapin paid $56,000 cash
ololo11 [35]

Answer:

a. Record the year-end adjusting entry for depreciation expense on the truck in T-accounts.

December 31, 202x, accrued depreciation expense on truck

Dr Depreciation expense 10,000

    Cr Accumulated depreciation - truck 10,000

b. Determine the book value of the truck that will appear on the December 31, Year 1, balance sheet.

Truck $46,000

c. Record the year-end adjusting entry of uncollectible accounts expense.

December 31, 202x, allowance for doubtful accounts

Dr Bad debt expense 16,000

    Cr Allowance for doubtful accounts 16,000

d. Determine the net realizable value of receivables that will appear on the December 31, Year 1, balance sheet.

Accounts receivable $52,000

Explanation:

truck's depreciation expense straight depreciation = ($56,000 - $6,000) / 5 years = $10,000 per year

accounts receivable balance December 31 = $68,000

allowance for doubtful accounts = $0

total sales on account = $320,000

5% of credit sales are uncollectible

accounts receivable = $68,000 - $16,000 = $52,000

8 0
2 years ago
Acct. Optimistic Likely Activity Variance
prisoha [69]

Answer thats dificult

Explanation: thats dificult

8 0
2 years ago
In 2008 approximately what percent of the world's population lived in Asia? PROVIDE/EXPLANATION PROOF FOR YOUR ANSWER. INCOMPLET
azamat

Answer:

We can infer from the graph, that about two thirds (around 60%) of the world's population lived in Asia in 2008.

Asia is by far the most populated continent in the world. The two most populous countries of the globe are located in Asia: India, and China, each with over 1 billion people.

6 0
3 years ago
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