All categories

3 years ago

An outward shift of a nation's production possibilities frontier can occur due to

Business

1 answer:

DENIUS [597]3 years ago

8 0

Answer:

The correct answer is option D.

Explanation:

Production possibility frontier shows the different amounts of two goods that can be produced using fixed resources.

An outward shift in the production possibility frontier imply that production of output is increasing.

Production may increase because of increase in inputs.

Here, the shift in production is happening because of increase in labor force.

You might be interested in

The Racquet Store (RS) sells franchise agreements in which it charges an up-front fee of $50,000 for assistance in setting up a

andre [41]

Answer: A- Revenue under the installment sales method, as soon as it has assisted Steffi in setting up the store.

Explanation: The installment sales method is a method of accounting accepted under the US Gaap. It is a method were revenue is recorded in instalments and the cost of sales and gross profit recognised upon the collection of the installment revenue.

It is a method of accounting used mainly by construction companies whose revenue are not received once but in installments.

7 0

3 years ago

Board Company has a foreign subsidiary that began operations at the start of 2017 with assets of 134,000 kites (the local curren

Mama L [17]

Answer: Please refer to Explanation

Explanation:

1 October 2017

No entry required as contract not yet exercised

31st December 2017

DR Forward Contract (220,000*(0.67-0.66)) $2,200

CR Translation Adjustment $2,200

(To record change in value of forward contract )

31st December 2017

DR Foreign Currency (Kites) (220,000*0.66) $145,200

CR Cash $145,200

(To record purchase of foreign currency)

31st December 2017

DR Cash ( 145,200 + 2,200) $147,400

CR Foreign Currency (Kites) $145,200

CR Forward Contract $2,200

(To record delivery of foreign currency and forward contract execution)

3 0

3 years ago

A student makes the following argument: "A price floor reduces the amount of a product that consumers buy because it keeps the

Fed [463]

Answer:

The answer is: Yes, the student is right.

Explanation:

Some industries, especially agriculture, work on some unique ways due to their complexity. For instance, the government sets the price floor and the price ceiling for the main crops produced in the country. In order to do this, the government owns and manages huge warehouses and silos.

When the production of crops is higher than usual, the price of that crop will tend to drop because of excessive supply. The government then buys the crop to put a price floor and takes the overstock to its warehouses. That enables the government to control the market so that farmers get a "fair price" for their crops. If the government didn´t do anything, farmers would lose a lot of money and their customers (agricultural corporations) would probably overstock. That at the same time would cause further problems in the future due to lower future sales because the agricultural corporations companies are overstocked.

When farmers have a bad year due to drought or flooding, their production levels will fall, so the price of the crops would rise due to excessive demand. Then the government sells the crops it had stored previously in its warehouses to put a price ceiling. If the government didn´t do this then a lot of poor people would not be able to buy enough quantities of food.

3 0

3 years ago

i have a friend i think of as my brother and i changed the emoji on messenger to the teddy bear emoji and his nickname to 'My Te

olga2289 [7]

Answer:

oh wow that's nice I think... XDD

5 0

3 years ago

Read 2 more answers

Exercise 5-12 Presented below is the trial balance of Larkspur Corporation at December 31, 2017. Debit Credit Cash $ 200,490 Sal

shutvik [7]

Answer:

2017 Balance Sheet

$1,368,060 TOTAL CURRENT ASSETS

$2,637,630 TOTAL NONCURRENT ASSETS

$4,005,690 TOTAL ASSETS

$792,730 TOTAL CURRENT LIABILITIES

$1,906,980 TOTAL NONCURRENT LIABILITIES

$2,699,710 TOTAL LIABILITIES

$1,305,980 TOTAL EQUITY

$4,005,690 TOTAL EQUITY + LIABILITIES

Explanation:

Liquidity it's define as the speed of an assets to be converted to cash,

the assets that take less days to buy or to sold are more liquid than others.

Cash it's the assets most liquid then are the Accounts Receivables and Inventories for last, in the middle exist different assets as Equity investments.

Prepaid expenses are not liquid because these accounts doesn't means the company could get cash if not that the company have rights over something.

2017 Balance Sheet

$200,490 Cash

$157,080 Debt Investments

$410,000 Accounts Receivable

$600,490 Inventory

$1,368,060 TOTAL CURRENT ASSETS

$264,080 Land

$604,080 Equipment

-$60,000 Accum Depreciation

$1,043,490 Buildings

-$152,000 Accum Depreciation

$195,000 Patents

$280,490 Equity Investments

$160,000 Other Assets Intangibles

$302,490 Debt Investments

$2,637,630 TOTAL NONCURRENT ASSETS

$4,005,690 TOTAL ASSETS

$459,080 Accounts Payable

$94,080 Notes Payable

$100,080 Accrued Liabilities

$139,490 Dividends Payable

$792,730 TOTAL CURRENT LIABILITIES

$903,490 Notes Payable

$1,003,490 Bond Payable

$1,906,980 TOTAL NONCURRENT LIABILITIES

$2,699,710 TOTAL LIABILITIES

$1,004,080 Common Stock

-$195,080 Treasury Stocks

$83,490 Paid in Capital

$413,490 Retained Earnings

$1,305,980 TOTAL EQUITY

$4,005,690 TOTAL EQUITY + LIABILITIES

Income Statement

Sales $8,104,080

Depreciation -$4,800,000

MARGEN BRUTO $3,304,080

Selling Expenses -$2,004,080

Adm Expenses -$901,820

Interest Expenses -$212,820

Income Statement $185,360

Investment Revenue $64,820

Gain $81,820

3 0

3 years ago