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2 years ago

Which describes a way in which consumers most likely benefit from producers’ absolute advantage?.

Business

1 answer:

forsale [732]2 years ago

5 0

Answer:

Consumer' opportunity costs decrease.

What is opportunity cost?

Opportunity cost is when in making a decision the value of the best alternative is lost.

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The physician has asked the medical assistant to provide patient education for hypertension. What is the best way to provide thi

Stolb23 [73]

C, in a private exam room. Telling someone in the waiting room is a clear violation of HIPAA laws, and you're skirting the line at the discharge window. There are too many inherent risks with email: the account on file may be an account multiple people can access; you might have the wrong address, even if due to a typo; and so on. Discussing care in an exam room is the best way to maintain HIPAA compliancy.

8 0

3 years ago

If _________ is constrained, we should __________ the staffing level to lower capacity.

Goryan [66]

Capacity is constrained when demand exceeds supply and the flow rate is equal to process capacity. The capacity constraint is a factor that prevents a business from achieving more output. 
If capacity is constrained, we should raise the staffing level to lower capacity.

4 0

3 years ago

Leading economic indicators

Pavel [41]

Answer:

B. New applications for unemployment insurance

D. Stock prices

Explanation:

Unemployment benefits claims is one of the most powerful leading economic indicators, because it can predict, with a high degree of accuracy, the unemployment rate of the next economic periods.

Stock prices are also included in the index of leading economic indicators, more specifically, the Stock Prices of the S&P 500. Stock prices are a leading indicator because investors try to carefully invest in those companies they feel will have a good performance in both the short-term and the long-term.

5 0

3 years ago

During 2018, TRC Corporation has the following inventory transactions.

Soloha48 [4]

Answer:

Results are below.

Explanation:

Giving the following information:

Jan. 1 Beginning inventory 48 $40 $1,920

Apr. 7 Purchase 128 42 5,376

Jul. 16 Purchase 198 45 8,910

Oct. 6 Purchase 108 46 4,968

For the entire year, the company sells 427 units of inventory for $58 each.

Ending inventory units= 482 - 427= 55

1)

Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the cost of the lasts units remaining in inventory.

Ending inventory= 55*46= $2,530

COGS= 48*40 + 128*42 + 198*45 + 53*46= $18,644

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,644= $6,122

2)

Under the LIFO (last-in, first-out) method, the ending inventory is calculated using the cost of the firsts units remaining in inventory.

Ending inventory= 48*40 + 7*42= $2,214

COGS= 108*46 + 198*45 + 121*42= $18,960

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,960= $5,806

3)

First, we need to calculate the weighted-average cost:

weighted-average cost= (40 + 42 + 45 + 46) / 4= $43.25

Ending inventory= 55*43.25= $2,378.75

COGS= 427*43.25= $18,467.75

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,467.75= $6,298.25

6 0

3 years ago

Based on the following information: Assume that Forrest Company uses the LIFO accounting method. In year X1, Forrest reported th

Andru [333]

Answer:

a. $15,500

Explanation:

Based on LIFO, cost of 1500 unit sold will be entirely from the Purchases (year X1). Therefore, we have:

Value of units purchases (year X1) outstanding after sales = (2,000 - 1,500) * $11 = 500 * $11 = $5,500

Therefore, we have

LIFO Inventory on 12/31/X1 = Value of beginning Inventory (1/1/X1) + $5,500 = $10,000 + $5,500 = $15,500.

8 0

3 years ago