Financial position also known as a Balance Sheet represents the Assets, Liabilities and Equity of a business at a point in time. Assets include cash, stock, property, plant or equipment - anything the business owns.
Answer:
Index Value= 39
Explanation:
Index Value=(37+115+85)/3=39
Answer:
The correct answer is letter "B": $5 million.
Explanation:
Marginal Propensity to Consume (MPC) is a measure of how much consumption changes when income changes. MPC is calculated by dividing the change in consumption by the change in disposable income. Disposable income is the money households have available after deducting their expenses and taxes.
Thus, in the example:
<em>5,000,000 = </em><em>Change in consumption</em>
<em />
Then, <em>the change in consumption is $5 million.</em>
Answer:
A
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
To determine which country has a better technology in production, the opportunity cost has to be calculated. The country with the lower opportunity cost has the better technology
At point B for North Cantina:
The opportunity cost of producing one 4 units of capital good = 10/4 = 2.5 units of consumer goods
The opportunity cost of producing 10 units of consumer good = 4/10 = 0.4 units of capital goods
At point B for South Cantina
The opportunity cost of producing one 4 units of capital good = 8/4 = 2units of consumer goods
The opportunity cost of producing 8 units of consumer good = 4/8 = 0.5 units of capital goods
South Cantina has a lower opportunity cost in the production of capital goods while North Cantina has a lower opportunity cost in the production of consumer goods
The answer is C because you have to love what you want to become in order to succeed in life and letter C represents a poor reason to choose a profession because if for example you decide to become a teacher and you don't like the job, but the salary then you would not be more than a failure.
