All categories

2 years ago

6. in which way does a straightline production possibilities curve differ from a concave production possibilities curve?

1 answer:

8 0

The way that a straight-line production possibilities curve differ from a concave production possibilities curve is A straight line production possibilities curve has a constant opportunity cost.

<h3>What is the difference between production possibilities curves?</h3><h3 />

A straight-line production possibilities curve is one that has a constant opportunity cost which means that the amount of resources given up to produce another unit of a good will not change per good.

Concave production possibilities curves on the other hand will have different opportunity costs per unit produced of either good.

Find out more on straight-line production possibilities curve at brainly.com/question/13122948

#SPJ1

You might be interested in

Cory Manciagli is planning to retire in 20 years. Money can be deposited at 6% compounded quarterly. What quarterly deposit must

Vitek1552 [10]

Answer:

It will require quarterly deposits of $ 171.06

Explanation:

first we need to calcualte the present value of the retirement funds

and then, we will calcualte the PTM to achieve it.

1) present value of 40,000 semiannually over 10 years descounted at 6% cuarterly

$PTM \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

PTM 40,000 dollars

time 20 810 years x 2 payment per year)

rate 0.12 (0.06 x 2)

$40000 \times \frac{1-(1+0.12)^{-20} }{0.12} = PV\\$

PV $298,777.75

Now, we calcualte which PTM generate this amount over the course of 20 years

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $298,777.74

time 80 (20 years x 4 quarter per year)

rate 0.06

$298777.75 \div \frac{1-(1+0.06)^{-80} }{0.06} = C\\$

C $ 171.063

8 0

4 years ago

Explain two situations where scarcity effects you

s344n2d4d5 [400]

When I got into a crash ig

4 0

4 years ago

Read 2 more answers

value of the additional output that an extra unit of a resource can produce. cost of hiring an additional unit of a resource. ex

Butoxors [25]

Answer:

never mind

Explanation:

never mind is always never mind

5 0

2 years ago

in its first month of operations, Waterway Industries made three purchases of merchandise in the following sequence: (1) 370 uni

Marta_Voda [28]

Answer:

FIFO: LIFO:

Ending Inventory: 1, 890 1,080

COGS 6,400 7,210

Explanation:

(1) 370 units at $4 = 1,480

(2) 470 units at $6 = 2,820

(3) 570 units at $7 =<u> 3,990 </u>

<em>Total:</em> 1,410 units <em>Cost: </em> 8,290

FIFO:

The first units are sold while the last are part of ending inventory:

The 270 units of ending inventory will be frm the third purchase.

270 x $7 = 1,890

The COGS will be the difference between the cost of goods available and ending inventory: 8,290 - 1,890 = 6,400

LIFO:

The last units are sold while the first are part of ending inventory

The 270 units of EI will be taken from the first row

270 units x $4 = 1,080

COGS: 8,290 - 1,080 = 7,210

7 0

4 years ago

Morgan is going to give a presentation on how to prepare a tax return. Which of the following would constitute a suitable thesis

sasho [114]

Answer:

The correct answer is a. Preparing a tax return is a fairly simple process, if you know what documents you need.

Explanation:

Terror should not be imposed on people, due to the complexity that in some cases merits the professional advice of an accountant. For this reason, the best thesis that Morgan can use is to make them see that the process does not really involve excessive efforts if you have all the information at hand. The basic premise in tax matters is the organization, the basic knowledge of the standard ensures important levels of trust.

4 0

4 years ago

6. in which way does a straight­line production possibilities curve differ from a concave production possibilities curve?

6. in which way does a straightline production possibilities curve differ from a concave production possibilities curve?