A company that makes and sells railway cars looking for a representative and I know this because it is the best fit for his skills
Answer:
produces
increases
trade-offs
Explanation:
The law of increasing opportunity cost states that when firms decide to make additional units of a certain product by reallocating resources, they do that at a higher opportunity cost than the previous production. The major traceable reason for this is inefficiency in resource reallocation.
This increase in opportunity cost is associated with increasing and increasing trade-off.
Answer:
$211,772
Explanation:
The computation of ending inventory is shown below:-
Discount = ($480,000 - $3,600) × 2%
= $9,528
Cost of goods for sale = Beginning inventory + purchases - returns at invoice price - Discounts + Freight - Cost of goods sold
= $113,000 + $480,000 - $3,600 - $9,528 + $7,900
= $587,772
Ending inventory = Cost of goods for sale - Cost of goods sold
= $587,772 - $376,000
= $211,772
So, the right answer is $211,772. Hence the option is not available.
This is my own definition- I'm not sure if there are options.
But a mission statement is when a business has a goal to where there business is going and what they want to acheive with said goal.
If you have options for the answer, I'd be happy to help in that way too!
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