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3 years ago

The measurement of the Aggregate Supply

Business

1 answer:

Anvisha [2.4K]3 years ago

3 0

Answer:

C; Average Price Level

Explanation:

Here, we want to get what is on the label of the y-axis

The aggregate supply curve is simply a plot of the average price level against the real GDP( gross domestic product)

From this definition, we can see that we have the average price level on the y-axis and we have the real GDP on the x-axis

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In order to finance The Shortbread Shack, a mobile bakery business that services several large Silicon Valley companies, Marcy d

vaieri [72.5K]

Answer:

her business plan document

Explanation:

A crucial criteria to receive funding from banks is to have a detailed business plan document.

This document would explain Mercy' mobile bakery business:

1. financial needs and viability,

2. marketing strategy,

3. Competitor analysis,

4. Service process etc

The bank has the responsibility of analysing this document and then making a decision whether to grant her funds.

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3 years ago

Frank plans to move to a large city after graduation. What financial factors does he need to consider about his new residence wh

wariber [46]

Answer: Housing, Food, Bills, Transportation

Explanation: common sense my guy

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3 years ago

Read 2 more answers

Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per

stich3 [128]

Answer: is realizing an economic profit of $40

Explanation:

The total cost involved in the production will be:

Fixed cost = $100

Variable cost = $3 × 20 = $60

Total cost = $160

The selling price will be:

= $10 × 20

= $200

The economic profit will then be;

= Selling price - Cost price

= $200 - $160

= $40

8 0

3 years ago

In the Shaping Department of Furs Industries the unit materials cost is $5.00 and the unitconversions cost is $3.00. The departm

swat32

Answer:

total value of ending WIP inventory: 8,400

Explanation:

unit material cost: 5.00 dollar

ending work in proces inventory

materials equivalent units:

1,500 x 100% = 1,500

as the mateirals are added entire at the beginning of the process:

material cost: 1,500 x 5 = 7,500

conversion

1,500 x 20% = 300

300 x 3.00 = 900

total value of ending WIP inventory:

materials 7,500

conversion 900

total 8,400

8 0

3 years ago

On January 1, 2020, Novak Corp. had inventory of $56,500. At December 31, 2020, Novak had the following account balances.

salantis [7]

Answer:

Gross Profit ⇒ $296,500

Operating expenses ⇒ $153,500

Explanation:

Gross Profit;

= Net sales - Cost of Goods sold

Net sales = Sales revenue - sales discounts - sales returns and allowances

= 807,000 - 6,000 - 10,900

= $790,100

Cost of Goods sold

= Opening balance + Purchases + Freight-in - Purchase discounts - Purchase returns and allowances -closing balance

= 56,500 + 509,500 + 4,800 - 8,000 - 2,700 - 66,500

= $493,600

Gross Profit = 790,100 - 493,600

= $296,500

Operating Expense

Net Income = Gross profit - operating expenses

143,000 = 296,500 - operating expenses

Operating expenses = 296,500 - 143,000

= $153,500

6 0

2 years ago