Answer:
1. Which set of items in the accompanying list would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve?
a. 1, 2, 5, and 6 only.
2. More than 75% of the world's income is earned by what percentage of the world's population?
d. 5%.
Explanation:
The above options are the solutions to the  questions asked. In terms of the world's income, 5% of the world's population earns 75% of the world's income.
 
        
             
        
        
        
Answer:
C) $40,000 inventory basis, $15,000 JM basis.
Explanation:
JM distributed $80,000 worth of inventory, since Marcella has a 50% partnership interest, then half of the inventory belongs to her, $40,000 (= $80,000 / 2). 
Since Marcella also received $10,000 in cash from JM, then her remaining basis in the partnership is:
$65,000 - $40,000 - $10,000 = $15,000
 
        
             
        
        
        
Answer:
The materials equivalent units is 37,700
Conversion costs equivalent units is 32,480
Explanation:
The equivalent units of production for materials can be computed thus:
Description                   quantity           % of completion    Equivalent units
Completed units            29000              100                          29000
(37700-8700)
Ending inventory            8700                100                      <u>    8700</u>
total equivalent units for materials                                      37700
The equivalent units of production for conversion costs can be computed thus:
Description                   quantity           % of completion    Equivalent units
Completed units            29000              100                          29000
(37700-8700)
Ending inventory            8700                40                      <u>    3480
</u>
total equivalent units for conversion costs                       32480
I applied 100% percentage of completion to ending inventory when determining materials equivalent units and 40% percentage completion when determining equivalent units for conversion cots  as it given in the question
 
        
             
        
        
        
Answer:
The answer is: A) cognitive and psychological dimensions of a global mind set
Explanation:
Global mindset can be defined as the ability to adjust to different cultural environments (e.g. traditions, norms, ways of doing business, etc.) and being able to deal with people from other backgrounds and styles. 
In simple words, global mindset is the ability to think globally, the whole world is your home. 
The main advantage of thinking globally is that you can develop better  relationships and communications with different customers and world partners. 
The best possible example is how the Coca Cola Company works.