Answer:
Option C (The convenience.............downwards) is the correct choice.
Explanation:
- Throughout this circumstance, the convenient yield would maintain the very same, although the curve amount or rate will change downwards since it is a transient trading strategy, but perhaps the effects will be negative and then it will proceed to something like a downward shift throughout the convenience curve.
- The yielding of convenience might maintain the same because, but perhaps the curve degree may change downwards.
All other decisions are not linked to the circumstance issued. So, the alternative here is the right one.
A production possibilities frontier (PPF) that is a straight-line sloping down from left to right would suggest that: the opportunity costs of the products are constant.
<h3>What is opportunity Cost?</h3>
Opportunity cost is an amount of money or satisfaction that an individual is willing to let go.
This is done in other to choose another product with more benefits that the previous one.
It is constant when the slope moves to the right side of the graph
Therefore, A production possibilities frontier (PPF) that is a straight-line sloping down from left to right would suggest that: the opportunity costs of the products are constant.
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Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the production process. The equivalent units for materials at Malcolm would be the sum of Units in beginning work in process and units started.
Answer: Option (2) is correct
<u>Explanation:</u>
The weighted average process costing system is used in case of those processes of production which are standardized.
The beginning cost of work in the process is added to the cost during the period and then it is divided by total equivalent units to arrive at the average cost per unit. Now the equivalent units for material at Malcolm would be units in the beginning work in process and the units started.
Answer:
$498.75
Explanation:
The computation of the average cost per cleaning service call is given below:
= (Fixed costs of labor, the company’s truck, and administrative support + number of service calls per months × total number of months in a year × variable cost per cleaning material) ÷ (number of service calls per months × total number of months in a year)
= ($459,600 + 80 × 12 × $20) ÷ (80 × 12)
= ($459,600 + $19,200) ÷ ($960)
= $498.75
Answer:
Nutrient cycling and purification of water are both examples of Essential Services
