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Rufina [12.5K]
2 years ago
13

Can you identify the assumptions that we have made in order to create the production possibilities frontier model?

Business
1 answer:
m_a_m_a [10]2 years ago
6 0

The management is first assumed to desire to produce as much output as possible in order to maximize profit. Another supposition is that the company may improve output by employing more input and that higher output equates to more profits.

<h3>What are the production possibilities, frontier model?</h3>

The graph known as the Production Possibilities Frontier (PPF) illustrates all the possible output combinations of two items that can be created with the resources and technologies currently in use. The PPF effectively expresses the ideas of choice, tradeoffs, and scarcity.

Frontier of Assumptions for Production PPF's first presumption is that the current technology setup or infrastructure will not change. The second presumption is that it only compares two goods or services that make use of the same resources.

Learn more about The Production Possibilities Frontier Model here:

brainly.com/question/13609959

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Three different areas of life of VLOOKUP
Nadya [2.5K]

Answer and Explanation:

The three different areas fo VLOOKup is as follows

1. The Primary key which is used for matching up your data for example, employee id, employee address etc

2. The list of lookup that represents the database i.e employees list who are working in an organization

3. the data which is required to match it or shifting the data

6 0
4 years ago
The following statement(s) regarding Utility Functions is/are true: Utility Functions are usually a function of wages. Utility i
jonny [76]

Answer:

Utility increases at a decreasing rate.

Explanation:

Utility is the total satisfaction derived from consumptjon.

The utility function measures the total satisfaction derived from consumptjon.

Utility increases at a decreasing rate.

This can be illustrated with an example.

Imagine I am coming from a desert with no access to drinking water. I am very thirsty. The satisfaction I would derive from the first cup of water would be the highest. After my first cup, the utility I would derive from other cups would be diminishing.

7 0
3 years ago
Countries with high rates of economic growth tend to have
Romashka-Z-Leto [24]

Answer: A labor force that is more productive

Explanation:

  According to the given question, a good productive labor force helps in producing the various types of products and the services in the market and also maintain the economical growth of the country.

 The high rates of the economical growth are tends to have a labor force which is more productive as it helps in supplying the finished goods and the services according the demand and the requirement of the customers.

The high productivity helps in increase the economical growth of an organization and also increase the umber of employment in the country.      

 Therefore, the given answer is correct.    

   

7 0
4 years ago
How many credits do you need to be a 11th grader
mina [271]
It really depends on the highschool, we used to have four classes a day, now we have five, before you needed 24-28 to pass and my junior year i had 22 credits now we went to thee 5x5 and have to get a few more credits
3 0
3 years ago
A partner (owner) who invests money in a business does not take an active role in managing the operation, and is only subject to
Mashutka [201]

Answer:

Limited partner

Explanation:

A limited partner has limited liabilities and doesn't take an active role in managing the operation of the business. A limited partner is also known as a silent partner.

I hope my answer helps you

3 0
3 years ago
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