Answer:
C) budget constraint
Explanation:
The budget constraint is a graph of all the combinations of goods and services a consumer can purchase given prices and income of the consumer.
The absolute slope of the budget constraint is the relative price of the two goods represented on the graph.
I hope my answer helps you
Answer:
FOB destination means "Free on Board Destination.
1. Goods transit shipped to Abbey (purchaser) FOB Destination
Answer: Exclude from inventory
2. Goods in transit shipped to Abbey (purchaser) FOB Shipping Point
Answer: Include in inventory count
3. Goods transit shipped by Abbey (seller) FOB Destination
Answer: Include in inventory
4. Goods in transit shipped by Abbey (seller) FOB Shipping Point
Answer: Exclude from inventory
Answer:
The answer is false
Explanation:
Base on the scenario been described in the question, comparing the two firm and saying there will not reach into a conclusion to which firm is better manage is false, this is because the difference in debt is a result of better management, and this could be the cause of Firm A's higher profit margin. So the claim was false
Answer:
book value of Moss’s inventory = $388000
Explanation:
given data
year end inventory = $400,000
selling price = $408,000
costs to sell = 20,000
to find out
book value of Moss’s inventory
solution
we know that inventory value should be low the cost or net realisable cost
so here net realisable cost will be
net realisable cost = selling price - costs to sell
net realisable cost = $408,000 - $20,000
net realisable cost = $388000
so book value of Moss’s inventory will be $388000 due to lower value
Answer:
The correct answer is: decrease.
Explanation:
If Aggregate Supply (<em>AS</em>) is higher than Aggregate Demand (<em>AD</em>), it implies somehow consumers are keeping their income with them. Economic activity will <em>contract </em>as a result but to promote consumption, for instance, banks lower their interest rates on loans with the confidence that consumers will have enough money to cover their debts.
