Answer:
0.04 *60,0000= 2400
Debt Credit
Bad debt expense 2400
Accounts receivables 2400
Allowance for doubtful accounts 2400
Bad dent expense 2400
Explanation:
If on a production possibility frontier, you have the ability to raise production of both items at the same time, this indicates that resources were previously distributed in an inefficient manner.
This is further explained below.
<h3>What is
production?</h3>
The manufacturing process, in general, requires bringing together a variety of distinct inputs, both material and immaterial, in order to generate something that can be eaten. These inputs may be divided into two categories: material and immaterial.
When we speak about value creation, what we mean is the process of generating output, such as a product or service, that has value and contributes to the total usefulness of people. This might be anything from an item to service.
In conclusion, an indicator that resources were previously distributed in an inefficient manner is if, on a production possibilities frontier, you have the ability to raise production of both items at the same time. This shows that you have the ability to raise production on a production possibilities frontier.
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Answer:
The correct answer is letter "D": Everybody faces trade-offs.
Explanation:
Trade-offs are closely related to the scarcity problem. Scarcity is the basic economic problem that arises because people have unlimited wants but resources are limited. Because of scarcity, various economic decisions must be made to allocate resources efficiently. There is when <em>individuals </em>have to sacrifice one need or part of it to fulfill a major benefit. Trade-offs are experienced in that case and not only individuals but also, <em>companies </em>and <em>governments </em>deal with these situations.
Answer:
D. by determining the percentage change in the price index from the preceding period.
Explanation:
Inflation rate -
Consumer price index , is the average of all the good's price .
Inflation is the overall increase in the value of the Consumer Price Index ( CPI ) .
Inflation rate , is the percentage increase in the vale of the CPI with respect to the previous year .
Hence , the correct statement for the inflation rate is option ( D. ) .