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1 year 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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2 years ago

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1 year ago

ring its first five years of operations, Della Manufacturing reports net income and pays dividends as follows. Year Net Income D

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Answer: See explanation

Explanation:

The retained earnings will be calculated as:

= Begining retainers earnings + Net income - Dividend.

Year 1:

Retained earning = 0 + 2000 - 1700

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Year 2:

Retained earning = 300 + 2600 - 1600

= 1300

Year 3:

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2 years ago

A firm's financial statements are generally assumed to include its income statement and balance sheet. Which of the following pi

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3 years ago

Jeri and Knute are members of Lighthouse Tours LLC, a limited liability company. With respect to Lighthouse Tours’s liability, a

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Answer:

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2 years ago