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which of the following would most likely have caused the production possibilities frontier to shift outward from a to b? group o

Anna71 [15]

General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.

Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.

Learn more about technological advance here:

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8 0

1 year ago

VJasper Company has sales on account and for cash. Specifically, 70% of its sales are on account and 30% are for cash. Credit sa

RoseWind [281]

Answer:

April May June

Cash Sales 30% $157,500 $160,500 $168,000

Sales on account 70% $367,500 $374,500 $392,000

$525,000 $535,000 $560,000

JASPER COMPANY

Cash Receipts Budget

For April, May and June

April May June

Cash Receipts from:

Cash Sales $157,500 $160,500 $168,000

Collection of accounts Receivable $400,000 $367,500 $374,500

Total Cash Receipts $557,500 $528,000 $542,500

8 0

3 years ago

Explain the short and long term significance of the mcnary-haugen bill and the boulder canyon project.

Semmy [17]

Answer and Explanation:

The short and long term significance of the mcnary-haugen bill and the boulder canyon project was that the plan was to relieve American agriculture by raising prices of all farm products. Although this was for the government to buy wheat but it would negatively affect farmers, so Coolidge went ahead to vetoed the bill.

The Boulder Canyon Project was to effectively construct a dam and provide hydroelectric power as well as to provide flood control which is why The dam which is also known as the Hoover dam, helps to provided lots of scientific information needed.

7 0

3 years ago

The opening balance of one of the billing cycles for Rusty's credit card was $603. If he makes a payment during the billing cycl

IRISSAK [1]

Rusty will pay less interest with the adjusted balance method and the average daily balance method, but not with the previous balance method.

8 0

4 years ago

Read 2 more answers

If you did a breakeven analysis for your firm, it would be possible for you to show management the point at which ________. the

strojnjashka [21]

If you did a break-even analysis for your firm, it would be possible for you to show management the point at which the level of sales that will cover all of the company's costs. A break-even analysis is how management and accountants asses the variable and fixed costs a company has with their sales revenue. When comparing these, the company is able to see at what point they will break even and cover all necessary operating costs. A good way to remember break-even is the point in which a business has no profit or loss.

7 0

3 years ago

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