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2 years ago

Increasing opportunity costs of producing goods imply that the production possibilities curve will be?

1 answer:

6 0

Increasing opportunity costs of producing goods imply that the production possibilities curve will be bowed outward. In a recent Page One Economics: Money and Missed Opportunities, senior economic education specialist Andrea Caceres-Santamaria explains that opportunity cost is the value of the next-best alternative .

when a decision is made; it is what is forfeited. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs. A company owner wants to increase the number of production available. The potential worth of that money being spent somewhere else or saved for the future is known as the opportunity cost.

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16) margin company has total fixed costs of $360,000 and variable costs of $14 per unit. if the unit sales price is reduced from

Goryan [66]

The total cost per unit will decrease.

The total cost per unit will be decreased when more number of units are produced.

Firstly ,we calculate fixed cost per unit.

Fixed cost per unit = Fixed costs/ New sales produced.

Cost per unit when company has 3600unit of sales= 14700$/3600= 41$cost per unit.

If the company, doubles his sales then the cost per unit is calculated as Fixed cost/No.of sales.

Cost per unit = 131,200$/ 7200

= 18.22$ cost per unit.

So, the total cost per unit is calculated as 42.00$+ 18.22$= 59.22$.

Fixed costs are independent of output, therefore regardless of shifts in production volume, the dollar amount incurred is roughly constant. The recurring occurrence of a company's fixed costs results in a predetermined timetable and dollar amount associated with each cost.

Fixed costs are far more predictable and simpler to prepare for in advance because they must be met regardless of how well sales perform and how much is produced. There is little to no link between production output and total fixed costs, in contrast to variable costs, which fluctuate based on output.

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5 0

2 years ago

What is marketing myopia? What is short term and long term implications for business in this situation?

Marizza181 [45]

Answer:

you could easily look that up

Explanation:

7 0

3 years ago

Analysis reveals that a company had a net increase in cash of $22,750 for the current year. Net cash provided by operating activ

aalyn [17]

Answer:

The correct answer = $5,000

Explanation:

First of all, let us find the difference between the total cash provided and the total cash used up within the period:

Total cash provided = operating activities + financing activities

Total cash provided = 20,500 + 13,500 = $34,000

Total cash used up = investing activities = $11,250

Retained balance from the activities of the period = Total cash provided - Total cash used up

= 34,000 - 11,250 = $22,750

Retained balance from the activities of the period = $22,750

However, we are told that the year-end cash balance = $27,750. This means that the excess cash on the retained balance from operating activities within the period is from the beginning cash balance, and this is calculated as follows:

year-end cash balance = Retained balance from the activities + beginning cash balance

27,750 = 22,750 + beginning cash balance

∴ beginning cash balance = 27,750 - 22,750 = $5,000

∴ beginning cash balance = $5,000

5 0

3 years ago

Organizational threats are an environmental factor that can hinder an organization's ability to achieve a competitive advantage.

Readme [11.4K]

Answer:

True

Explanation:

Every organization has an internal and external environment , in order for the organization to be successful, it is important that it scans its environment regularly to assess its developments and understand factors that can contribute to its success.

Environmental scanning is the identification of opportunities and threats affecting the business for making strategic business decisions, as part of the environmental scanning process, the organization collects information regarding its environment and analyze it to forecast the impact of changes in the environment.

5 0

4 years ago

Read 2 more answers

If the individual subsidiary ledger accounts contained the following data:__________.

NNADVOKAT [17]

Answer:

A/R, $875; A/P, $575

Explanation:

The accounts receivable account is the account that records the amount from clients/customers. It is an asset account. The account payable is a liability account used to record amounts payable to vendors.

As such,

Accounts receivable (A/R) control account balance = $750 + $125 = $875

Accounts payable (A/P) control account balance = $200 + $375 = $575

7 0

3 years ago