Answer:
$33,000
Explanation:
assets = liabilities + stockholders' equity
assets include current assets + non current or fixed assets = $5,000 + $28,000 = $33,000
liabilities and stockholders' equity include current liabilities + long term liabilities + equity = $4,000 + $12,000 + $17,000 = $33,000
both sides of the accounting equation must always be equal, that is meant by balance.
Answer:
Homer notices that he gains more weight if he eats more doughnuts. Fill in the blanks to com the passage about the correlation between weight and doughnuts.
There is a __positive_____correlation between the number of doughnuts Homer eats and his weight. If Homer wants to lose weight, he should eat___less____ doughnuts. If Homer graphed this relationship on a scatter plot, an increase on the y axis would lead to__an increase______ on the x axis.
Explanation:
According to the question, Homer's doughnut consumption and weight should be graphed so that an increase in the x-axis would lead to an increase in the y-axis. The x-axis is the independent variable while the y-axis is always the dependent variable and not vice versa. The number of doughnuts that Homer consumes should be plotted on the x-axis and the weight obtained on the y-axis because the weight depends on the number of doughnuts consumed.
Answer:
a. increasing opportunity costs as more and more of one good is produced
Explanation:
A production possibility frontier is a curve that shows the two combinations of goods an economy can produce given that its resocurces are fully employed.
The production possibility curves is bowed outwards because of increasing opportunity costs as more and more of one good is produced.
If more of one good is to be produced, more of the second good would be given up to increase the production of the first good.
The attached image is the graph of a production possibility frontier. At point A, the maximum amount of good X is produced with zero quantity of good Y. To increase production of good Y and move to point B, some quantities of good X would be given up. To further increase the production of good Y and move to point C, even more quantities of good X would be given up.
I hope my answer helps you
Answer:
The opportunity cost will be Buying a new lawnmower
Explanation:
Opportunity cost refers to the cost of a forgone alternative. In this scenario, since the owner of a landscaping business has decided to spend the extra income on advertising campaign in order to increase sales, the forgone alternative here becomes buying a new lawnmower.
Answer:
An associate's or bachelor's degree in early childhood education is needed to work as a child care director.
Explanation:
