A CONTOUR LINE record the boundaries of a three dimensional shape.
In Art, a contour line is a line which defines a form or an edge. It is an outline of a given object. Contour line is usually drawn by following the visible edges of a shape and those edges along the interior of the shape. Contour line is often used to show dramatic changes of planes within an object.
Answer:
The answer is: Inventory cost is $4,900
Explanation:
ACB Manufacturing purchased $6,000 worth of merchandise with credit terms 2/10 or n/30. This means that if the company pays its debt within 10, it will receive a 2% discount.
It returned $1,000 worth of defective merchandise, decreasing its total debt to $5,000. Since ACB Manufacturing paid its debt within the first ten days, it got a 2% discount. It paid a total of $4,900 for the merchandise, so that should be its inventory cost.
Answer:
The correct option is A,can be converted into cash with low transaction costs.
Explanation:
Secondary reserves are the funds invested by bank in short term highly liquid investments,in essence can be converted to cash quickly at very low transaction costs in order to settle unexpected obligations.
Secondary reserves refer to the extra reserves maintained by the banks over and above the minimum regulatory reserve requirement mandated on banks by the Federal Reserve System.The Federal Reserve System as it is popularly known is the central bank in the US.
Answer:
The correct answer is A)
Explanation:
When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.
A market system characterized as monopolistic competition may <u><em>never </em></u>achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.
Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.
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