Answer: This looks really interesting
Explanation:
Field A B C D
Corn 40 40 30 10
Tobacco 10 40 20 30
Production possibility frontier <span>is defined as a </span>curve<span> depicting all maximum output </span>possibilities<span> for two goods, given a set of inputs consisting of resources and other factors. The PPF assumes that all inputs are used efficiently.
In the PPF, Corn data is represented by the y-axis, Tobacco data is represented in the x-axis. I simply inputted the points but didn't make the curve because there is a point that seem to go beyond the curve. Please see attachment.</span>
Answer:
Find attached trial balance as well the general ledgers prepared extracting trial balance
Explanation:
Preparation of trial balance could not be carried out straightaway , I had to first of all prepare the relevant ledgers before extracting trial balance.
Answer:
The answer is
<u>Free Rental given = r = 38
</u>
<u>Box of popcorn given = b = 29 </u>
<u></u>
Explanation:
Let
,
Free Rental given = r
Box of popcorn given = b
Given that,
Cost of Free Rental = $1
Cost of Box of popcorn = $2
Total Cost of incentive = $96
Total incentives given = 67
Free Rental given+Box of popcorn given = Total incentives given
r+b=67
r=67-b...........(1)
(Free Rental given) x (Cost of Free Rental) + (Box of popcorn given) x (Cost of Box of popcorn) = Total Cost of incentive
(r x 1) + (b x 2) = 96
r + 2b = 96............(2)
Put the value of r in (2) from (1)
r+2b=86............(2)
67-b+2b = 96
67+b = 96
b = 96-67
b = 29
Put the value of b in (1)
r = 67-b...........(1)
r = 67-29
r = 38
Free Rental given = r = 38
Box of popcorn given = b = 29
Answer: The economy of the United States is that of a highly developed country with a mixed economy. It is the world's largest economy by nominal GDP and net wealth and the second-largest by purchasing power parity (PPP).
Explanation: