Examlex
Which of the following would shift the LRAS curve to the right?
Inventory
The total amount of goods and materials held by a company that are ready for sale or in the process of being produced.
Perpetual Inventory System
The inventory system in which each purchase and sale of merchandise is recorded in an inventory account.
Control Over Inventory
The process of managing and regulating the supply, storage, and accessibility of inventory to ensure sufficient quantities without excessive surplus.
Periodic Inventory System
The inventory system in which the inventory records do not show the amount available for sale or sold during the period.
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