The slope of the production possibility curve represents the opportunity cost of producing one good instead of the other.
<h3>What is the production possibility curve?</h3>
This is a curve that is used to illustrate the maximum output that can be produced of two goods when we use a minimum number of input.
This curve shows the different combinations of the input that would be used to get the required output.
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Answer: C. A new compound formed when nitrogen and hydrogen chemically reacted.
Explanation:
Due to the temperature increase, the atoms of both Nitrogen and Hydrogen reacted chemically with one another and formed a new compound which was still colorless but now had a strong odor as well.
This new compound is known as Ammonia with the chemical composition NH₃. It is formed when Hydrogen and Nitrogen react chemically. Ammonia is a colorless gas with a sharp strong odor.
According to the World Health Organization (WHO), health is defined as a state of complete mental, physical, and social well-being. Being healthy is not simply the absence of disease or infirmity according to his organization. Being free from diseases is not enough to call yourself healthy, you have to be mentally healthy, physically healthy, and socially healthy.<span> </span>
Answer: Annual report
Explanation: Annual report is a comprehensive report that shows the performance of the company overall in the previous year. As management discussion and analysis is considered as an important factor for the investors to evaluate the company, it is also added in the annual report.
The Management discussion and analysis is considered as a secondary information of an annual report.
Thus, from the above we can conclude that the right answer is annual report.
After computing the cost of inventory that was sold, The Cost of Goods sold is given as $1,334.30.
<h3 /><h3>The calculations related to the exercise are as follows:</h3>
From the information provided (see full question attached),
Inventory at hand as at November 1:
- there are 29 Units of Inventory at the cost of $5.90 dollars each.
Purchases:
- 118 units are purchased at $6.30 dollars each;
- 59 units are purchased at $6.15 dollars each; and
- 88 units are bought at $6.50 dollars each.
If at the end of the period there are 25 units each form the purchases above and 7 from the existing inventory as at Nov. 1st, then the cost of goods sold is:
((29-7) X 5.9) +((118-25) x 6.3) + ((59-25) x 6.15) + ((88-25) x 6.5))
= $1,334.30
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