Suppose the economy initially produces 15,000 gallons of drinking water and 400,000 barrels of oil, which is represented by point A.

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand