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mr Goodwill [35]
3 years ago
14

The law of increasing opportunity costs:_______a. refutes the principle of comparative advantage. b. applies to land-intensive c

ommodities but not to labor-intensive or capital-intensive commodities. c. may limit the extent to which a nation specializes in producing a particular product. d. results in straight-line production possibilities curves rather than curves that are bowed outward from the origin.
Business
1 answer:
Vladimir79 [104]3 years ago
5 0

Answer:

The correct answer is option c.

Explanation:

The law of increasing oportunity costs means that as we go on substituting production of one good for another the opportunity cost of sacrificing the alternative will go on increasing. That is whythe prodcution possibilty curve is concave and bowed outward.

Because of increasing opportunity costs, there is a limit to specialization of antions in production of a commodity. As they go on producing the goods they specialize in, the opportunity cost of giving up the alternative goes on increasing.

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What are some of the difficulties in measuring innate capacity and in measuring developed performance?
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Answer:

Explained below.

Explanation:

There are some of the difficulties in measuring innate capacity and in measuring developed performance are as follows:

* Primarily we do not know precisely what innate abilities are or how to measure them so it is one of the difficulty while measuring innate capacities.

* And with the measurement of performance abilities, there is no single, all-inclusive performance criterion.

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2 years ago
Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, b
abruzzese [7]

Answer:

True

Explanation:

Critical-Chain

This was introduced or originated by Eli Goldratt in 1997. Its aim is to challenges conventional project management approaches and absolute dependence on TOC principles. The idea of what to change or eliminated is the largely rooted behaviors that is common with the traditional project management practices. It is very multitasking anf it is the longest string of reliance that occur on the project.

Critical- Chain Approach

This approach simply covers project network as it ca be limited by both resource and technical reliance/dependencies. each type of limitations can create task reliance.

The Summary of Critical Chain Approach

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3 years ago
Which of the following occupations would least likely to be
Alekssandra [29.7K]

Answer:

McDonald Clown

Explanation:

B.

=MCDONALD

3 0
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A flower delivery business wants to raise their overall sales volume to increase profit. After analyzing their costs, they choos
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Answer:

C) By lowering the price of the flower arrangements to increase demand.

Explanation:

According to the law of demand, the lower the prices, the higher the quantity demanded and the higher the price ,the lower the quantity demanded.

When prices are reduced, demand increases, revenue increases and net profit increases.

I hope my answer helps you.

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