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2 years ago

Production possibilities curve. the curve of the graph is called "The Frontier"

1 answer:

8 0

The PPC, sometimes referred to as the production possibilities frontier, depicts scarcity and tradeoffs.

<h3>What does the curve of the production possibility frontier represent?</h3>

The production possibility frontier or PPF is a curve used in business analysis to show the different quantities of two items that can be produced when they both rely on the same limiting resources.

Thus, The PPC, sometimes referred to as the production possibilities frontier

For more details about curve of the production possibility frontier represent, click here:

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ssume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,

Ilia_Sergeevich [38]

Answer:

the total cost of ending work in process is $39,420

Explanation:

The computation of the total cost of ending work in process is shown below:

Equivalent cost per unit

Material = $301,600 ÷ 5,200 units = $58 per unit

Conversion = $405,500 ÷ 5,000 units = $81.10 per unit

Now ending work in process is

= 400 units × $58 + 200 units × $81.10

= $23,200 + $16,220

= $39,420

Hence, the total cost of ending work in process is $39,420

3 0

3 years ago

A bond has a Duration (not Modified) of 4.2 years and is priced at 99.50. Its yield is 3%. How much will its price change if the

saw5 [17]

Answer:

1.22%

Explanation:

The modified duration of the bond gives an indication of change in price due to a 1% change in the yield to maturity,hence, the bond modified duration is computed using the formula below:

modified duration=Macaulay Duration/(1+YTM)

Macaulay Duration=4.2

YTM(initial)=3%

modified duration=4.2/(1+3%)= 4.08

That for 1% change in yield to maturity price would change 4.08%

0.3% change in yield(3.3%-3%)= 4.08%*0.3%=1.22%

4 0

3 years ago

Identical products, as well as a large number of buyers and sellers, are characteristics of aperfectly competitive market. In su

koban [17]

Answer: "In such markets, sellers of goods can influence the prevailing market price, giving them the role of price in the market." is wrong ,

The correct statement is "In such markets, sellers of goods CAN'T influence the prevailing market price, giving them the role of price TAKERS in the market".

"The market for tomatoes does not exhibit the two primary characteristics that define perfectly competitive markets." is FALSE because the market of tomatoes does exhibit the two characteristics:

Identical products.
Large number of buyers and sellers

8 0

3 years ago

Data about how, when, why, where, and what people buy refers to Group of answer choices demographics. value-based marketing. rel

Rzqust [24]

Data on how, when, why, where and what people buy refers to marketing analytics which is a strategy that companies use to segment their market and develop promotional campaigns that are more aligned with their consumer.

<h3 /><h3>What is Marketing Analytics?</h3>

It is the area of marketing responsible for collecting data to identify consumption patterns, develop the most effective strategy to reach the target audience and facilitate the decision-making process.

Therefore, a company that performs marketing analysis is more likely to be well positioned in a competitive market, where companies need to identify how to generate value for their consumers to achieve strategic advantages.

Find out more information about marketing analytics here:

brainly.com/question/20714266

8 0

3 years ago

Calculating Residual Income

olga_2 [115]

Answer:

1) $2,500,000

2) $425,000

Explanation:

The Average Operating Assets is given using the formula

= (Beginning Operating Assets + Ending Operating Assets) ÷ 2

on substituting the values from the question, we get

⇒ Average Operating Assets = (2,700,000 + 2,300,000) ÷ 2

⇒ Average Operating Assets = 5,000,000 ÷ 2

⇒ Average Operating Assets = $2,500,000

The Residual Income is calculated as:

= Operating Income - (Minimum Rate of Return × Average Operating Assets)

on substituting the values from the question, we get

⇒ Residual Income = $800,000 – (15% × $2,500,000)

⇒ Residual Income = $800,000 - $375,000

⇒ Residual Income = $425,000

3 0

3 years ago