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1 year ago

The production possibilities curve illustrates the notion of opportunity cost because:___.

Business

1 answer:

Ivenika [448]1 year ago

8 0

as more of one good is produced, less of the other can be produced.

<h3>What is production ?</h3>

Production is the process of merging diverse immaterial inputs (plans, knowledge) with material inputs to create something that is intended for consumption (output). It is the process of producing an output, a good or service that has value and enhances people's usefulness. Production theory, a branch of economics that focuses on production, is entwined with the consumption (or consumer) theory of economics.

Utilizing the initial inputs productively leads to the production process and output (or factors of production). Land, labor, and capital are regarded as the three major production components and are referred to as primary producer commodities or services. Both the output process and the final product do not considerably change these essential inputs or turn them into integral parts of the final product.

To learn more about production from the given link:

brainly.com/question/28211412

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Evaluate 2a + 4b or a = -2 and b = 3

Rama09 [41]

Answer:

Explanation:

2a + 4b

for a = -2 and b = 3

Substitute -2 in for "a" and 3 in for "b"

2*(-2) + 4*(3)

2*-2 = -4 and 4*3 = 12

-4 + 12 = 8

Ans: 8

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2 years ago

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Due to impending labor strife over planned layoffs in its Silicon Valley headquarters, a social networking company has decided t

Ivanshal [37]

Answer:

putting a halt on the layoffs

Explanation:

This strategy should begin by putting a halt on the layoffs. This should be top priority since the layoffs themselves are the main cause for the criticism that the company is receiving and this criticism is the sole reason as to why its market position and staff productivity has fallen drastically. People think the company is failing and the staff is scared that they will eventually be fired. By stopping layoffs and waiting for a market recovery you give other better options a chance to arise and more efficient strategies to take effect.

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2 years ago

Which of the following is not commonly regarded as being part of a firm’s credit policy? a. Credit period b. Collection policy c

Alex

D!!! All of the above

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3 years ago

Carl Carpenter buys a drill press. The price, including tax, is $725.00. He finances the drill press over 24 months after making

netineya [11]

First calculate the amount financed
Amount financed=725−50=675

The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44

Total of payments=675+98.44=773.44

Monthly payment is
773.44÷24=32.23

Hope it helps!

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2 years ago

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Which of the following is a true statement about inventory systems?A)Periodic inventory systems require more detailed inventory

balu736 [363]

Answer:

B)Perpetual inventory systems require more detailed inventory records.

Explanation:

Under the Perpetual inventory system, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.

Many times it varies because different units in inventory were purchased at different prices and times. Inflation might be a factor the prices changes too.

However, in the Periodic inventory system, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the Inventory account at the end of the year to know COGS.

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