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ankoles [38]
2 years ago
13

When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at ev

ery level of production, then the production possibility frontier is:_________
Business
1 answer:
amid [387]2 years ago
7 0

When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is Linear.

Opportunity costs address the potential advantages that an individual, financial backer, or business passes up while picking one option over another. Since opportunity costs are inconspicuous by definition, they can be barely noticeable.

Opportunity Costs= Absolute Income - Monetary Benefit.

The Production Possibility Frontier (PPF) is a bend on a chart that shows the potential amounts that can be delivered for two items if both rely on a similarly limited asset for their production. The PPF is additionally alluded to as the creation probability bend.

To learn more about Production Possibility Frontier is linear.

brainly.com/question/22527871

#SPJ4

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Not knowing there market or customer's needs.
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Anchor Resort and Casino surveils its customers and employees through a complex network of recorded video; undercover security a
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7 0
2 years ago
________ shows the risk per unit of return, so it provides a more meaningful risk measure when the expected returns on two alter
8_murik_8 [283]

Answer: Coefficient of variation

Explanation:

 The coefficient of variation is the term which is generally used in the probability theory and also in the statistics.

This is basically used for measure the total dispersion of the frequency distribution in the probability concept.

The coefficient of variation is also called as the relative standard deviation and it is generally use to express in the form of percentage. It is basically providing the risk measure o the expected return and it also shows risk as per unit return.

 Therefore, Coefficient of variation is the correct answer.

8 0
3 years ago
How are wealth and savings related?
galben [10]

Answer:

Wealth is an abundance of money and if you are good with your savings are a way you can get wealth

5 0
3 years ago
Classifying Accounts Balances for each of the following accounts appear in an adjusted trial balance. Identify each as an asset,
Kobotan [32]

Answer:

1. Asset

2. Asset

3. Revenue

4. Expense

5. Asset

6. Asset

7. Revenue

8. Expense

9. Liability

10. Asset

11. Liability

12. Liability

Explanation:

1. Accounts Receivable - Asset

2. Equipment - Asset

3. Fees Earned - Revenue

4. Insurance- Expense

5. Prepaid Advertising - Asset

6. Prepaid Rent - Asset

7. Rent Revenue - Revenue.

8. Salary Expense - expense.

9. Salary Payable - Liability

10. Supplies- Asset.

11. Unearned Rent- Liability

12. Wages payable- Liability.

Assets are items owned by the business that is used in generating revenue.

Liabilities are obligations owed.

Revenue is the value of products and services sold;

Expenses are assets consumed or services used.

5 0
3 years ago
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