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bagirrra123 [75]
1 year ago
7

If we want to produce more computers, we must give up the production of some cameras, which is referred to as ________.

Business
1 answer:
antiseptic1488 [7]1 year ago
7 0

If we want to produce more computers, we must give up the production of some cameras, which is referred to as production efficiency.

Production efficiency is a word used in economics to describe the point at which an economy or other entity can no longer produce more of one good without reducing the level of production of a different one. When production is allegedly taking place along a production possibility frontier, something occurs (PPF). The terms "production efficiency" and "productive efficiency" are interchangeable. Similar to operational efficiency, productive efficiency refers to how effectively something is performing. The mapping of a production possibility frontier is central to the economic idea of production efficiency. When analyzing economic operational efficiency, economists and operational analysts often additionally take into account a few more financial variables, such as capacity utilization and cost-return efficiency.

Learn more about production efficiency here:

brainly.com/question/23879464

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Answer:

option (d) increases by $1,000

Explanation:

Data provided in the question:

Increase in gross pay = $500

Increase in total employee benefits = $200

Decrease in total job expenses = $300

Now,

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Fargo Company's outstanding stock consists of 400 shares of noncumulative 5% preferred stock with a $10 par value and 3,000 shar
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Answer: Option (a) is correct.

Explanation:

Given that,

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That statement is true. Expansion or contraction happens when the amount of Government budget is accumulated or decreased as the result of last year's operations</span>
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