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Semenov [28]
3 years ago
5

Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili

ties frontier?
Business
1 answer:
german3 years ago
6 0

Explanation:

The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.

Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.

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ABC's beginning inventory is $2,000 and its ending inventory is $1,000. The inventory turnover is 6 times. Cost of goods sold fo
mojhsa [17]

Answer:

$9000

Explanation:

Inventory turnover is an example of an activity ratio

Activity ratios calculate the efficiency of performing daily task of a firm

Inventory turnover = cost of goods sold / average inventory

Average inventory = (beginning inventory + ending inventory) / 2

($2000 + $1000) / 2 = $1500

6 = cost of goods sold / 1500

To determine cost of goods sold, multiply both sides of the equation by 1500

1500 x 6 = $9000 = cost of goods sold

7 0
3 years ago
Which of the following is an example of an equity investment?
Mazyrski [523]

Answer: The answer is <u>D. A companys Stock</u>

Explanation: Just got it correct on Edg

Mark me down as brainliest!?

6 0
4 years ago
Read 2 more answers
Which of the following is required for all workers to earn identical wages in the long run? Check all that apply. All jobs requi
zepelin [54]

Answer:

All workers have equal ability and can be trained to do different types of employment at minimum cost. Workers can move from one labor market to another at zero cost. All workers must have a bachelor's degree.

Explanation:

In the conventional perfectly competitive model of the labor market, wage-setting is individualistic in the sense that identical workers should receive identical wages in different firms and different workers should receive different wages in the same firm.

8 0
3 years ago
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Which task is the responsibility of middle management?
Temka [501]

Answer:

C. Evaluate and motivate workers

Explanation:

This is the taks for middle mamagement.

6 0
3 years ago
Sally Smith incurred expenses of $800 in June which she paid in July. She declared these expenses on her June income statement.
Nitella [24]

Answer:

Accrual

Explanation:

The accounting principle of accrual means that you should register something when the fact that origins the right for the future payment/collecting occurs. It does not matter if the payment is done later, the fact that made you to pay was already done, so we apply accrual and say we already owe that money that we pay later.

In this example, Sally used the principle of accrual for the things in June that she later paid in July... but her expenses were origined in June, so they apply to June.

6 0
3 years ago
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