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3 years ago

If supply-side policies succeed, less output is produced at every price level.

Business

2 answers:

Sever21 [200]3 years ago

5 0

Answer:

False

Explanation:

Supply-side policies aim at increasing productivity. The government outlines measures that promote the supply-side to achieve sustainable growth without causing inflation. The policies aim at enhancing the production capacity of an economy. They increase competition by improving the quantities and qualities of the factor of production.

Supply-side policies do not promote low levels of production. They argue that an increase in production will result in a high demand for goods and services. An increase in demand will generate more employment opportunities and promote rapid economic growth.

Digiron [165]3 years ago

4 0

Answer:

false

Explanation:

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Goodman Company's inventory records show the following data: Units 5,000 4,500 3,000 Unit Cost $9.00 8.20 7.00 Inventory, Januar

balu736 [363]

Answer:

A. 3000 units x $7 = $21000

Explanation:

FIFO (First-In-First-Out) is a method of inventory valuation where the stock that is purchased first is used first. In other words, the oldest stock is used first. This is common for perishable items which if not used up fast, will be wasted.

Jan 01 - Beginning inventory : 5000 units x $9 = $45000

Jun 18 - Purchases : 4500 units x $8.20 = $36900

Nov 08 - Purchases : 3000 units x $7 = $21000

Total inventory = 5000 + 4500 + 3000 = 12,500 units

Ending inventory = 3,000 units

Hence, inventory sold = 9,500 units

The cost of goods sold using FIFO:

5000 units x $9 = $45000

4500 units x $8.20 = $36900

COGS = $45000 + $36900 = $81900 (9500 units)

Ending inventory :

3000 units x $7 = $21000 (3000 units)

8 0

3 years ago

Wayne Company's beginning and ending inventories for the month of June were as follows:

ipn [44]

Answer:

d. $487,750

Explanation:

Cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $145,000 + $200,000 + $ 170,000 + ($5.75 x 25,000) - $171,000

= $487,750

Note : Only overheads applied $143,750 ($5.75 x 25,000) are added to cost of goods manufactured instead of actual overheads.

Conclusion

the amount of cost of goods manufactured is $487,750

5 0

3 years ago

If a certain country considered handshakes in business transactions to be taboo and preferred to use nodding, this would be an e

MAVERICK [17]

Answer: Cultural forces

Explanation:

This is an influencing system which exist within certain population that steer business practices and/or purchasing behavior.

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3 years ago

The advent of containerization has:

Firdavs [7]

Answer:

The correct answer is letter "E": significantly lowered the costs of shipping goods over long distances.

Explanation:

Containerization is the method of transporting goods in containers. These technique has become standard in freight transport having regulated the dimensions and maximum capacity of materials being moved. One of the big advantages containerization has provided is to transport different materials from different entities all together which implies sharing the costs of the same container, something that lowers the price of the transportation regardless if it is domestic or international.

7 0

3 years ago

Select the items that describe what happens at the equilibrium price. Producers supply the exact goods that consumers buy. Consu

Mekhanik [1.2K]

The items that describes what happens at the equilibrium price are:

Producers supply the exact goods that consumers buy.

Consumers have enough goods, at the given price.

Producers used their resources efficiently.

Equilibrium pricing is when the items demanded match the items supplied. When this happens, the demand and good available equal each other, hence, equilibrium. The pricing is exactly where it should be for consumers to want and purchase the good or service.

6 0

3 years ago

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