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myrzilka [38]
3 years ago
5

Question

Business
1 answer:
liraira [26]3 years ago
6 0

Answer:

China's opportunity cost of producing 1 bottle of milk is equal to one batch of pumpkins.

Explanation:

Given that in 2 hours, China can produce 6 bottles of milk, and in 5 hours, it can produce 15 batches of pumpkins, to determine what is the country's opportunity cost of producing 1 bottle of milk (in terms of batches of pumpkins), the following calculation must be performed:

Milk = 6/2 = 3 per hour

Batches of pumpkins = 15/5 = 3 per hour

3/3 = 1

Therefore, China's opportunity cost of producing 1 bottle of milk is equal to 1 batch of pumpkins.

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Accounts that keep a balance of each individual customer or supplier are called?
Dafna11 [192]

Accounts that keep a balance of each individual customer or supplier are called subsidiary accounts.

An accounts receivable subsidiary ledger is an accounting ledger that suggests the transaction and price history of every customer to whom the commercial enterprise extends credit score. The stability in every client account is periodically reconciled with the bills receivable balance inside the well-known ledger to make certain accuracy.

An income journal is a subsidiary ledger used to save distinct income transactions. Its most important reason is to put off a source of high-extent transactions from the general ledger, thereby streamlining the general ledger.

The income journal (also referred to as income book and sales day e book) is a special journal that is used to record all credit score income.

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3 0
2 years ago
Suppose that during the Great Depression long-run aggregate supply shifted left. To be consistent with what happened to the pric
slavikrds [6]

Answer:

The aggregate demand will fall

Explanation:

The aggregate supply measures the quantity of real GDP that can be supplied by in the economy at different price levels. it measures planned output if both prices and average wage rates can change, the Long run aggregate supply curve is assumed to be vertical (this means it remains constant when the general price level changes).

The leftward shift in aggregate supply means that at the same price levels the quantity supplied of real GDP has decreased. This is mostly due to natural disasters or other supply shocks like economic depression, when there is leftward shift in aggregate there would be fewer workers available to produce goods at any given price.

4 0
3 years ago
Given the difficulty of determining how much power is enough for today and tomorrow, great powers recognize that the best way to
SOVA2 [1]
It is complacated but it is to my knowledge
 
6 0
3 years ago
The definition of inventory includes which of the following items? (Select all that apply.) a) items used currently in the produ
Yanka [14]

Answer:

Items a) and b)

a) items used currently in the production of goods to be sold items

b) held for resale items currently in production for future

Explanation:

Inventory consists of current assets to be used in production of final goods or are the ones which are final goods and held for sale.

In the given case also, statement a includes raw materials, which are used to make the final good to be sold, which is a part of inventory.

Further, statement b includes work in production or final goods which are currently in production but would be resold.

The items which are kept for their use as like machinery or furniture or which shall be disposed are not inventory but are in fixed assets category.

3 0
4 years ago
Gains and losses can occur with pension plans when: A) Either the PBO or the return on plan assets turns out to be different tha
Rainbow [258]

Answer:

A. Either the PBO or the return on plan assets turns out to be different than expected

Explanation:

8 0
4 years ago
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