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3 years ago

A check is__? (1 point)

1 answer:

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A. Promissory Note

It means that when you write someone a check, it is a "promise", that their money will be there or liquidated.

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Suppose Deborah gets a sales bonus at her place of work that gives her an extra $600 of disposable income. She chooses to spend

Mashutka [201]

Answer:

Option (d) is correct.

Explanation:

Suppose Deborah gets a sales bonus at her place of work,

Disposable Income, YD = $ 600

Consumption, C = $480

Savings , S = $ 120

Marginal propensity to consumer, MPC:

= Consumption ÷ Disposable Income

= 480 ÷ 600

= 0.8

Therefore, Deborah marginal propensity to consume (MPC) is 0.80

Option (d)

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3 years ago

Why is the shape of the production possibilities frontier (PPF) often curved instead of straight? The productive efficiency of a

Dmitry_Shevchenko [17]

Answer:

The correct answer is: Typically, some resources are better suited for producing one good than another, which means that there are diminishing returns when moving such resources away from producing what they are best suited for.

Explanation:

A production possibility curve shows the different combinations of two goods that can be produced using all the given resources. Since resources are scarce, to increase the production of one good we need to decrease production of the other.

But resources are specialized and cannot be perfectly substituted between their two uses. So as we go on increasing production of one good the opportunity cost of sacrificing its alternative goes on increasing.

Because of this increasing opportunity cost the shape of the frontier is downward sloping, bent outwards and concave to the origin.

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2 years ago

Which telecommunications device helps transmit security-sensitive documents?

svp [43]

The answer would be A. Fax machines

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3 years ago

Read 2 more answers

"debby just got a job as an assistant in a new federal agency called the accounting commission that was set up to regulate the a

navik [9.2K]

<span>The next step in obtaining enactment of the rules after publication would be the opportunity for all interested parties to submit written comments.</span>

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3 years ago

Harris corporation produces a single product. last year, harris manufactured 27,970 units and sold 22,200 units. production cost

Dovator [93]

The Contribution Margin per unit (CM) can be calculated from the difference of Selling Price per unit (SP) and Total Expenses per unit (TE).

First, let’s calculate the value of SP:

SP = Sales / Units sold

SP = $1,043,400 / 22,200 units sold

SP = $47

Second, calculate all expenses:

Direct materials per unit = $234,948 / 27,970 units manufactured = $8.4

Direct labor per unit = $131,459 / 27,970 units manufactured = $4.7

Variable manufacturing overhead per unit = $240,542 / 27,970 units manufactured = $8.6

Variable selling expenses per unit = $113,220 / 22,200 units sold = $5.1

TE = $26.8

Therefore the CM is:

CM = SP – TE

CM = $47 - $26.8

CM = $20.2 per unit

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3 years ago