Expands the productive capacity of the economy.
Answer:
consume 8 units of A and 12 units of B
Explanation:
given data
prices of A = $1.50
prices of B = $1
Budget constraint = $24
consider data indifference curve
unit A unit B
16 6
12 8
8 12
4 24
solution
As graph, Mr. Chen will buy 8A and 12 B goods.
so Budget constraint is here express as
24 = 8 × $1.50 + 12 × 1.00
so here
MRS = rule of equilibrium
so here MRS is
MRS =
= =
MRS = =
Answer:
All go to Sweden.
Explanation:
The two countries Germany and Sweden both can produce furniture and steel. Germany can produce one unit of steel or furniture in 12 days while Sweden can make one unit of steel in 15 days and one unit of furniture in 10 days. Germany has no advantage from the trade since it can produce both the goods in same time. Therefore all of the trade gain would belong to Sweden.
APICS is a widely recognized professional society for persons interested in operations and supply chain management.
Association for Supply Chain Management is a not-for-profit international education organization offering certification programs, training tools, and networking opportunities to increase workplace performance.
APICS merged with the Supply-Chain Council in 2014, and the American Society of Transportation and Logistics in 2015.
Examples of certification : CPIM, CSCP etc.
Read more about Supply Chain Council here brainly.com/question/14325556
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Answer: B) Conservative Financial Policy
Explanation:
A Conservative Financial policy refers to a situation where an entity usually finances their permanent working capital with long term debt in part or in it's entirety.
It is stated that Bradford Maintainance uses long-term sources of funds to finance its assets which would point to a Conservative Financial Policy.