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1 year 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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which of these is not a key way the government contributes to a country's total factor productivity? please choose the correct a

liq [111]

The government acts as a promoter of free and competitive markets. This is not a key way the government contributes to a country's total factor productivity.

What is Total Factor Productivity (TFP)?

The total factor productivity (TFP) is a figure that illustrates a company's productivity by comparing how much it produces with how much it must spend to get that result. It is computed by dividing your total output (production) by average costs (inputs).

The efficiency and performance level of a corporation are determined using the total factor productivity. It makes an effort to determine how effectively the inputs have been translated into the output. In honor of American economist Robert Solow, the TFP is also referred to as the Solow residual.

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1 year ago

Developing a pricing structure that encourages customers to buy additional services that they don't need in order to obtain the

SCORPION-xisa [38]

Marketing tactics include different actions. One is to develop a pricing structure that encourages customers to purchase additional services they don't need.

<h3>What is marketing? </h3>

Marketing is a concept that refers to all actions and activities related to market or commerce. Marketing has as its main purpose the analysis of the behavior of markets and consumers.

According to the above, marketing has ways to identify consumer purchasing trends and understands how buyers' thinking works. Marketing can develop strategies focused on the buyer acquiring goods or services that he does not need, one of them is prices or discounts.

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2 years ago

Which of these pavement markings separates two lanes traveling in the same direction?

kiruha [24]

The pavement markings that separate two lanes traveling in the same direction is A broken white line

<h3>What is a Pavement Marking?</h3>

This refers to the mark or sign that is on the road to show a particular function for motorists and pedestrians.

Hence, we can see that in the case of two lanes that travel in the same direction, the pavement marking that is used to clearly show this is called a broken white line.

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2 years ago

Lily Tucker (single) owns and operates a bike shop as a sole proprietorship. In 2019, she sells the following long-term assets u

mel-nik [20]

Answer:

Tax Liability = $59,170

Explanation:

Profit on building = 234,000-(204,000-56,000)

Profit on building = $86,000

Loss on equipment = 84,000 - (152,000-27,000)

Loss on equipment = $41,000

Net profit = Profit on building - Loss on equipment

Net profit = $86,000 - $41,000

Net profit = $45,000

Taxable income before transaction = $194,500

Total taxable income = $194,500 + $45,000

Total taxable income = $239,500

According to tax rules

Tax Liability = ($194,500 - $85,650)28% + 17,442 + ($45,000 )(25%)

Tax Liability = $47,920 + $11,250

Tax Liability = $59,170

5 0

3 years ago

David saves money from his teaching job to buy a new boat when he retires in 20 years. The boat will cost $30,000. He has $12,00

Aliun [14]

Answer:

Invest at a minimum of 7.5% annual simple interest

Explanation:

Given the goal of purchasing a boat that will cost $30,000 in 20 years, David needs to earn an interest computed below on his investment in the savings account.

Interest required = 30,000 - 12,000

= 18,000

Therefore the minimum rate of interest that will achieve this goal,

= Principal * rate * time = target amount

= 12,000 * R * 20 years = 18,000

= R = 18,000/(12,000*20) = 0.075 = 7.5%.

In addition, David could also continue his saving from his teaching job. This will reduce the minimum investment return required to achieve the goal.

6 0

3 years ago