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2 years ago

Increasing opportunity cost along a bowed-out production possibilities frontier occurs because:__________

1 answer:

3 0

Increasing opportunity cost along a bowed-out production possibilities frontier occurs because <u>of the scarcity of factors of production</u>.

The law of increasing opportunity cost holds that as an economic system moves alongside its manufacturing opportunities curve inside the path of producing extra of a particularly appropriate, the possibility fee of additional devices of that truth will increase.

The opportunity cost is time spent analyzing and that money to spend on something else. A farmer chooses to plant wheat; the opportunity fee is planting an extraordinary crop or a trade use of the sources (land and farm gadget). A commuter takes the train to work as opposed to riding.

Opportunity cost is an economic time period that refers back to the cost of what you have to give up that allows you to pick something else. In a nutshell, it is the cost of the street not taken.

Learn more about opportunity cost here: brainly.com/question/1549591

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An industry comprised of a very large number of sellers producing a standardized product is known as:

mash [69]

Answer:

The appropriate response is "Pure competition".

Explanation:

Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment.
Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.

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3 years ago

Claudia is hired as a Senior Engineer by Hexagon Inc. Allen, the HR Manager of the company, promises her that she will start wor

algol13

Answer:

d. Hexagon Inc. cannot be challenged in a court even when it fails to follow up on its promises.

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3 years ago

When a country imposes tariffs, it is likely to cause

bearhunter [10]

Answer:

lower prices for domestic production

Explanation:

tariffs means

more tax on imports so

imports would be more expensive

A. increased quantities of imports?

if imports are more expensive because of tariffs and

if people buy less

then there would NOT be

increased quantities of imports

because they are more expensive

B. higher prices for the import-competing goods both domestically and abroad?

import-competing (domestic) goods would be cheaper

C. lower prices for domestic production?

yes domestic production would be cheaper

D. less expensive exports?

only if other countries don't put tariffs on them themselves

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2 years ago

Read 2 more answers

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ch4aika [34]

The answer is Market Research .

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3 years ago

g Jana just found out that she is going to receive an end-of-year bonus of $32,200. She is in the 35 percent marginal tax brac

maria [59]

Answer:

Jana just found out that she is going to receive an end-of-year bonus of $32,200. She is in the 35 percent marginal tax bracket. Calculate her income tax on this bonus.

tax liability = $32,200 x 35% = $11,270

Now assume that instead of receiving a bonus, Jana receives the $32,200 as a long-term capital gain. What will be her tax?

tax liability = $32,200 x 15% = $4,830

Which form of compensation offers Jana the best after-tax return?

if the bonus is taxed as a long term capital gain, she will páy less than half the taxes, so it is the best option for her

Would your calculation be different if the gain was short-term rather than long-term?

Short term capital gains are taxed at the same rate as ordinary income, so the difference between the bonus being a long vs short term capital gain is very significant to Jana.

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3 years ago