BUSINESS HIGH SCHOOL

The long-run aggregate supply curve is: a. horizontal because full employment output is independent of the price level. b. upward sloping because the economy grows over time. c. downward sloping because rising prices reduce real wealth and spending. d. vertical because full employment output is independent of the price level. e. upward sloping because as the price level rises, firms will increase output.

Answers

Answer 1
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What is chain of command?

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Okay so a chain of command is a official hierarchy of the ascendancy that dictates who is in charge of whom and whomever.

What is the main advantage of using e-mail to complain about a service or product?

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Unlike conventional mail, email can send your complaint within minutes or seconds to the company.  This is the reason why use of email has become popular.  The reaction to act on the complaint will depend on the company.  Sending an email does not guarantee that they will act on it right away. 

Answer:

dddddddddddd

Explanation:

A consistent application of an inventory costing method enhancesa. conservatism
b. accuracy
c. comparability
d. efficiency

Answers

C. Comparability. A consistent application of an inventory costing method enhances comparability. Consistency enhances comparability because it enables investors and other end users of the financial statements to compare and understand the financial reports over the periods. The company should disclose the nature, reasons and effects of the change in the Notes to the Financial Statements if there is a change of accounting method for inventory costing to improve financial reporting.

Sometimes very high ________ costs are recognized before a project begins and reducing these costs through shorter project durations becomes a high priority.

Answers

Answer:

D) overhead

Explanation:

Overhead costs are the fixed costs or indirect costs or a project. This means that they are not directly related to the production process or the delivery process. Overhead costs are divided into:

  • manufacturing: machinery and equipment, supervisors' salaries, utilities, etc.
  • administrative: rent, advertisement, equipment, etc.  

Depending on the project's scope and required tasks, projects can be crashed to reduce both direct and indirect (overhead) costs. Shorter project schedules can result in lower overhead costs, even if the direct costs are not affected, e.g. less rent, less supervisors, shorter equipment leasing times, etc.

Answer:

Overhead costs

Explanation:

When high overhead costs are recognised before project starts there will be a need to manage them. Since overhead cost increase as duration of project increases, reduction in project duration will go a long way in reducing cost incurred.

Overhead costs can include wages, rent, utility bills, maintenance costs and so on. They can also be reduced when costs that are not adding value is recognised.

What will happen in the gasoline market now if buyers expect higher gasoline prices in the near future?A) The supply of gasoline will increase.
B) The demand for gasoline will decrease.
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D) the demand for gasoline will increase.

Answers

D.) i had it right on my test

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They use Shekel as monetary commodity

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