All categories

3 years ago

Define business cycle

Business

2 answers:

dmitriy555 [2]3 years ago

4 0

Answer:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Explanation:

melisa1 [442]3 years ago

3 0

The business cycle is the fluctuation in economic activity

You might be interested in

Master scheduling is __________. a. a field in the master schedule record that indicates the number of units that are available

Karolina [17]

Answer:

D if this is anything related to business then there is always something that reviews everything and the most common term for it is Master scheduling.

Explanation:

5 0

2 years ago

An example of an economic variable is "value of the dollar"long dash—which is currently highlong dash—compared with the Yen,

katrin [286]

Answer:

Explanation:

3 0

2 years ago

Which of the following cannot be shown on a production possibilities graph?

choli [55]

I believe the answer is: <span>the allocation method

production possibilities graph could only include the factors that can be projected after doing combination of various products' production.
Allocation method only play role in the technique that can be used to produce the products and cannot be considered as data projection from the production

</span>

5 0

3 years ago

Read 2 more answers

Variable costs are

Semmy [17]

Answer:

the costs that change depending on a company's performance

Explanation:

Variable costs refer to the costs that fluctuate with the level of production. An increase or decrease in the output level results in variable costs moving in the same direction. If the business stops production, the variable costs will be nil.

Raw materials and packaging costs are good examples of variable costs. The more a company produces, the more materials it consumes, and the higher the costs of purchasing the materials.

6 0

3 years ago

Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The

Dafna1 [17]

Answer:

Roanoke Company

The standard direct materials cost per bar of chocolate is:

= $0.33.

Explanation:

a) Data and Calculations:

A batch of chocolate = 1,827 bars

Standard Costs for a batch:

Ingredient Quantity Price

Cocoa 600 lbs. $0.40 per lb.

Sugar 180 lbs. $0.60 per lb.

Milk 150 gal. $1.70 per gal.

Ingredient Quantity Price Total Cost

Cocoa 600 lbs. $0.40 per lb. $240.00 (600 * $0.40)

Sugar 180 lbs. $0.60 per lb. 108.00 (180 * $0.60)

Milk 150 gal. $1.70 per gal. 255.00 (150 * $1.70)

Total cost of batch of chocolate = $603.00

Cost per bar = $0.33 ($603.00/1,827)

5 0

3 years ago