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Thepotemich [5.8K]
1 year ago
10

How should policymakers determine the amount of money that should be allocated for research curing heart​ disease? they should b

ase their decision on.
Business
1 answer:
Vlada [557]1 year ago
6 0

Bigger and larger reductions in the production of one thing are necessary to increase the production of another good. The frontier of the production potential will bow outward.

<h3>What is production?</h3>

Producing goods and services to meet consumer demands is known as production. The method yields the final product. Land, capital, labour, and organisation make up the four components of production.

The production of automobiles is an illustration of production. Parts are put together to create cars. For instance, metal bodywork are given rubber tyres so that seats can be placed before the car rolls off the assembly line.

One of the most crucial steps in the manufacturing process, production is fundamental to what it means to be a manufacturer.

To learn more about production from the given link:

brainly.com/question/13117735

#SPJ4

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Two economists from Ohio University estimated that the demand curve for kerosene in Indonesia was such that a 10 percent increas
zmey [24]

Answer:

C) i and ii

Explanation:

Price elastic of demand (PED) of kerosene = 2.2% / 10% = 0.22 price inelastic demand

When two products are substitutes, an increase in the price of one of the products will not only reduce the quantity demanded of that product, but it will also increase the quantity demanded of its substitute products. In this case, an increase in the price of electricity, increases the quantity demanded for kerosene, which means that they are both substitute products.

5 0
3 years ago
Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $47,500. Assuming that the fixed monthly expe
Natali5045456 [20]

Answer:

c. $36,070

Explanation:

contribution margin ratio is the ratio of the contribution to sales of an entity for a given period.

contribution margin ratio= contribution/sales

where contribution is the difference between sales and the variable cost

Given;

sales = $137,000

contribution margin ratio = 61% = 0.61

0.61 = contribution/$137,000

contribution = $137,000 × 0.61

= $83,570

Net operating income is the difference between the contribution and the fixed cost.

Fixed cost = $47,500

Net operating income = $83,570 - $47,500

= $36,070

3 0
3 years ago
A firm purchases goods on credit worth $150. The same firm pays off $100 in old credit purchases. An investment is made via the
Oxana [17]

Answer:

A. $50 increase

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The change in net cash provided by operation is shown below:

= Investment made - purchased goods on credit - paid amount

= $300 - $150 - $100

= $50

4 0
2 years ago
_____ has been defined as the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements
8_murik_8 [283]

Answer: Business process re-engineering

Explanation: In simple words, business process re-engineering refers to the process in which  an organisation tries to restructure and change the process or methods of operations for smooth functioning of the business.

  It is modern technique that are used by the firms in the industries which have high competition and are strongly interdependent on other firms in the industry.

5 0
3 years ago
Globalization is the process of
Gwar [14]

Answer:

Connecting the world over time

Explanation:

Is the process of interaction of businesses and exchanges worldwide.

7 0
3 years ago
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