Which should come first ,the choice of college or the choice of major

High income countries with larger governments as a share of gdp have generally

Scorpion4ik [409]

Answer: High income countries with larger governments as a share of GDP have generally grown at a slower rate than the countries with smaller governments.

Explanation: Developing countries or countries with less money typically grow at a faster rate than higher income countries because returns related to capital are not as strong. In richer countries, they have higher capital and tend to grow at a slower rate.

5 0

3 years ago

At the profit-maximizing level of output

tensa zangetsu [6.8K]

Answer:

The correct answer is letter "C": marginal revenue equals marginal cost.

Explanation:

The profit-maximizing level of output for every type of firm is reached when the marginal revenue of production equals the marginal cost meaning that the additional cost of selling one more unit equals the cost of producing one more unit.

Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.

5 0

3 years ago

"on may 1, mesa verde, inc. purchased a 2-year insurance policy for $15,600. prepaid insurance was debited for the entire amount

N76 [4]

The journal entry on May 1 was:

A debit to Prepaid Insurance for 15,600

And a credit to cash for 15,600

Prepaid Insurance is the share of an insurance premium that has been paid in early and has not finished as of the balance sheet date.

The monthly insurance payment for two years is computed by 15,600/24 months which is $650 per month.

At December 31 the adjusting entry would be:

A debit to Insurance Expense 5,200

And a credit to Prepaid Insurance for 5,200

5,200 is computed by:

650 x 8 months (starting from May 1 to December 31) = 5,200

5 0

3 years ago

An auto manufacturer sends cars from two plants, I and II, to dealerships A and B located in a mid-western city. Plant I has a t

Elis [28]

Answer:

Total transportation cost = 23,750

Explanation:

We can calculate how many cars should be sent from each plant to each dealer as follows

DATA

Plant 1 cars = 74

Plant 2 cars = 70

Demand

Dealer A needs 79 cars

dealer B needs 65

Shipping costs are

$300 per car from plant I to dealer A,

$130 per car from plant I to dealer B,

$180 per car from plant II to dealer A

$160 per car from plant II to dealer B.

limit total shipping costs to exactly $29,900

Start from the cheapest

$130 per car from plant I to dealer B.

$130 x 65 = 8,450

$180 per car from plant II to dealer A

$180 x 70 = 12,600

$300 per car from plant I to dealer A,

$300 x 9 = 2700

Total transportation cost = 8,450 + 12,600 + 2700

Total transportation cost = 23,750

3 0

4 years ago

A company having difficulty with timely delivery of parts to its manufacturing plants should implement a supply chain ________ s

hodyreva [135]

Answer:

execution

Explanation:

A supply chain execution system focuses on making sure that all the supplies, parts, materials and components that you need are available and at the place that they are needed. Most ERP systems include a supply chain execution system but a company can only use a stand alone version to help them transportation, warehouse, order fulfillment and global trade management.

4 0

3 years ago