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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.

To learn more about opportunity cost, click here.

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You want to buy a house and will need to borrow $295,000. The interest rate on your loan is 6.37 percent compounded monthly and

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Answer:

$1,839.45

Explanation:

PV = P * [1-(1+r)^-n / r]

n = 30*12=360 months, r = 6.37%/12 = 0.5308% (monthly)

295,000 = P*[1 - (1+0.005308)^-360 / 0.005308}

295,000 = P * $160.3739

P = $295,000 / $160.3739

P = $1,839.45

So, the monthly mortgage payments is $1,839.45.

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3 years ago

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Ballard Company uses the perpetual inventory system. The company purchased $10,000 of merchandise from Andes Company under the t

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Answer: $8750

Explanation:

The amount of gross margin that resulted from these business events will be calculated as:

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Add: Freight paid = $450

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Gross margin = Sales - Total Purchases

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3 years ago

Melissa works in the fashion industry. Her job is to research, by analyzing social media, the growing trends among youth. Her co

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Explanation:

According to the given question, Melissa is working in the fashion based industry and the her main task in the job is to analyzing the new fashion trends in the social media.

Melissa is in the market sector part in an organization as her company are designing the various types of branded clothes on the basis of latest analysis and trends.

The market sector is widely used in the various types of financial and the economical based industry where the product of the company are produced on the basis and proper analysis in the market for the direct competition.

Therefore, Market sector is the correct answer.

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4 years ago

Which of the following organizations mission is to establish and improve standards of financial accounting and reporting for the

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Answer:

B. The Financial Accounting Standards Board

Explanation:

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