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3 years ago

What happens when production is inside the production possibilities curve

Business

1 answer:

Paul [167]3 years ago

8 0

Answer:

When it shifts inwards, it indicates that the economy is shrinking due to a failure in its allocation of resources and optimal production capability. A shrinking economy could be a result of a decrease in supplies or a deficiency in technology.

Explanation:

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You deposit $200 into the stock market. Every year your stock market account increases by 12 %. You leave the money in the accou

saveliy_v [14]

Answer:

Therefore after 5 year the balance in the stock market is $ 352.47.

Explanation:

Exponential growth formula :

$y=a(1+r)^t$

y= Final amount

a= initial amount

r= rate of growth

t= time

Given that,

The deposit amount = $200

Rate of interest (r)=12%=0.12

Time (t)=5 years

$\therefore y=200(1+0.12)^5$

=$352.47

Therefore after 5 year the balance in the stock market is $ 352.47.

3 0

4 years ago

Which is the most common method for calculating credit card balances? A. Previous balance method, B. Adjusted balance method, C.

fenix001 [56]

The correct answer is C. Average daily balance method.

In average daily we consider balance interest or owed at the end of the day.

To calculate debt credit card we take the percentage of the total amount of current balance which will be termed as the interest then add one percent of the principal.

T o calculate for daily credit card balance we total the balance in the billing cycle everyday then you will divide your total with the number of days which in the cycle.

8 0

3 years ago

Read 2 more answers

Marlin Davies buys a truck for $28,000. In three years, the truck depreciates 48% in value. How much is the truck worth in three

fenix001 [56]

The answer is B
hope this helps :)

8 0

3 years ago

Read 2 more answers

What does it mean for a decision maker to maximize value? Select one: a. to make the decision to be as clear and logical as poss

Irina-Kira [14]

Answer: Option D

Explanation: In simple words, value maximization in decision making refers to the concept in which the decision makers tries to make a decision through which both the parties involved gets maximum benefit.

Thus, he takes into consideration the concerns of both the parties without any bias and tries to make the best outcome out of it.

Hence from the above we can conclude that the correct option D.

7 0

3 years ago

Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system.

Volgvan

Answer:

a. March 2, 202x, merchandise purchased on account from Splish Brothers, credit terms 2/10, n/30

Dr Merchandise inventory 885,600

Cr Accounts payable 885,600

b. March 6, 202x, defective/wrong merchandise returned to Splish Brothers

Dr Accounts payable 110,200

Cr Merchandise inventory 110,200

c. March 12, 202x, paid invoice to Splish Brothers within discount term

Dr Accounts payable 775,400

Cr Cash 759,892

Cr Purchase discounts 15,508

purchase discount = purchase balance x 2% = $775,400 x 2% = $15,508

8 0

3 years ago