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7nadin3 [17]
2 years ago
6

Suppose the country of montgomery has specialized in the production of a good but has not yet entered into trade. At this point

in time, montgomery has?
Business
1 answer:
WINSTONCH [101]2 years ago
8 0

Suppose the country of montgomery has specialized in the production of a good but has not yet entered into trade. At this point in time, montgomery has <u>moved along its existing production possibilities curve.</u>

<u></u>

A production posibilities curve in economics measures the maximum output of goods and the use of a fixed quantity of input. The input is any aggregate of the four elements of manufacturing: natural resources (which include land), hard work, capital goods, and entrepreneurship.

for example, say an economic system produces 20,000 oranges and 12000 apples. On the chart, it truly is point B. If it desires to produce greater oranges, it ought to produce fewer apples. In the chart, factor C suggests that if it produces 45,000 oranges, it could most effectively produce 85,000 apples.

By means of describing this trade-off, the curve demonstrates the idea of possible price. Making greater than 1 precise will price society the opportunity of making greater of the other excellent.

Learn more about production posibilities curve here

brainly.com/question/26460726

#SPJ4

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Answer and Explanation:

amount borrowed = $10,000

interest rate =12%

interest accrued = $10,000*12%*1/12

                            = $100

date             general journal                          debit                    credit

jan 31            interest expense                       100                      

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3 years ago
The nurse educator asks a student to list the 5 main categories of complementary and alternative medicine (CAM), developed by th
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Answer:

Explained below.

Explanation:

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A national survey for safety identified 20% hazard comes from company a, 20% from b, and 50% from company
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World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company
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Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

                              Applied to fixed overhead

Overhead fixed by DL hr.         =\frac{50000}{25000}\ \ \ \ \ \ \ \ \ \ \ =2

DL hours standard   =35000 \times \frac{25000}{50000 \times 80\%}  \ \ \ \ \ \ \ \ \ \ \ \ =21875

Application of fixed overhead = 21875 \times 2.0 \ \ \ \ \ \ \ \ \ \ = 43750

                                 Variance in volume

Application of total fixed overhead  = \$43,750

Fixed total estimates Superfast  =\$50,000  

Variance of volume  = \$6,250

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Answer:

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