Answer:
Explanation:
The production possibility curve is a graphical illustration and tool used for economic analysis. It shows the various combination of goods that can be produced given available resources.
The PPC looks like a bow shape and has an inverse relationship, this is because this is because to produce 1 more of product A you need tp be willing to let go of 1 unit of product B(assuming we can only manufacture 2 products) this concept is known aa Marginal Rate of Transformation.
Answer:
a. yes no
Explanation:
At the time of contract the service revenue is not been realized because service is been perform and dealer made a promise to perform services in future. So the revenue will be deferred and will be earned or realized when service will be performed in the future. Deferred revenue will be effected and service revenue will not be effected at the time of contract.
Answer:
Explanation:
This action is only permitted if the customer returns the signed margin agreement promptly. Since a margin agreement is an agreement between a brokerage and a client governing a margin account and allows the client to borrow from the brokerage in order to buy securities. Without agreeing to all the details in this contract the individual cannot trade on a margin account or borrow money.
Answer:
E. the more of something we produce, the greater is the opportunity cost of producing an additional unit
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
An example to illustrate increasing opportunity cost. Let us assume that Emily can use her leisure time to either rest or make spaghetti. If Emily uses 1 hour to make spaghetti, she forgoes 1 hour that she could have spent resting. If she spends 2 hours making spaghetti, she forgoes two hours of rest. Her opportunity cost keeps increasing the longer she spends making spaghetti.
I hope my answer helps you
