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jasenka [17]
2 years ago
8

The bowed-outward shape of the production possibilities frontier can be explained by the fact that.

Business
1 answer:
Aloiza [94]2 years ago
4 0

The bowed-outward shape of the production possibility frontier illustrates that the <u>opportunity cost</u> of one good in terms of the other depends on how much of each good the economy is producing.

<h3>What is Production Possibility Frontier?</h3>

The production possibility frontier (PPF) is a curve in economics that depicts the maximum amounts that two goods can create if they both rely on the same limited resource for production.

From the attached picture below, Let's assume that:

  • The vertical product is: wine
  • The horizontal product is: cotton

The bowed-outward shape of the production possibility frontier illustrates that the <u>opportunity cost</u> of one good in terms of the other depends on how much of each good the economy is producing.

Learn more about the production possibility frontier (PPF) here:

brainly.com/question/25071524

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In the context of intergroup conflict, managers should encourage social interactions across groups so that:
FrozenT [24]

Answer:

(A) trust can be developed.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

Basically, the first step that any manager should take in resolving a conflict within a group of employees working as a team is to get each individual to state the problem from his or her viewpoint.

In the context of intergroup conflict, managers should encourage social interactions across diverse groups so that trust can be developed among the members and as such mitigating the chances of conflict between them.

4 0
3 years ago
The Department of Homeland Security has asked the Internal Revenue Service for the tax retums of U.S. citizens who have been ide
padilas [110]

Answer: The Department of Homeland Security can obtain the information because it is engaged in law enforcement activity

Explanation:

With regards to the question above, it should be noted that exchanging information is not allowed only in cases whereby the Department if Homeland Security needs it for law enforcement activities.

Therefore, option D i.e. The Department of Homeland Security can obtain the information because it is engaged in law enforcement activity is correct.

7 0
3 years ago
Police officers often use to get information from their witness?
Oxana [17]
The answer is judges.
5 0
3 years ago
Read 2 more answers
Macro equilibrium in the income-expenditure model occurs where aggregate expenditure is equal to national income; this occurs wh
Paladinen [302]

Answer:

45 degree line

Explanation:

In the equilibrium in income and expenditure model, expenditure equals national income when the expenditure crosses the 45 degree line. This means that in income and expenditure being at equilibrium, it means that there is no shift, change, deviation from the outcome.

Expenditure below and above 45 degree is not in equilibrium as that means that government income is either less than or greater than the expenditure respectively.

Cheers

6 0
3 years ago
Company A has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,00
oee [108]

Answer:

What is the value of the shareholders’ equity account for this firm?

14150

Explanation:

Current Assets 6000

Net fixed assets 25100

Assets                 31100

 

Current Liabilities 4950

Long term debt 12000

                       16950

 

 

ASSET-LIBILITIES=EQUITY  

31100-16950=EQUITY  

EQUITY=14150  

4 0
4 years ago
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