Economic growth can best be portrayed as a:

Business

1 answer:

kicyunya [14]3 years ago

8 0

Answer:

The correct answer is letter "D": Rightward shift of the production possibilities curve.

Explanation:

The Production Possibility Frontier (PPF) implies that as many jobs and resources as possible are produced at the maximum level. That maximizes jobs and reduces unused resources. This ideal state can generally not be attained but is seen as a goal.

Plotted in a graph, the PPF curve displays a mix of goods that can be produced and their ideal volumes of production. Shifts of the PPF curve to the right imply growth while shifts leftwards imply a slow down in production.

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Explanation:

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Answer:

Bell inc should report $980,000 as the total amount of inventory at the end of the year.

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Given information -

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The standard quantity allowed for the units produced was 4,500 pounds, the standard price was $2.50 per pound, and the materials

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The standard quantity that is produces is multiplied to the standard price. The product is subtracted to the quantity variance and will be divided to the standard price. The product you have acquired will be the units that are produced.

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