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Nataly_w [17]
4 years ago
11

According to the law of increasing opportunity cost,

Business
1 answer:
Alenkinab [10]4 years ago
7 0

Answer:

The correct answer is a. production points outside the production possibility frontier are unattainable

Explanation:

Production possibility frontier graph is attached.

The production possibility frontier shows the possibilities of trade off between two products. The trade off in this frontier use all the resources available. So it is impossible to  reach a point outside the frontier, there are not enough resources.

Download xlsx
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True or False: Equality refers to how the pie is divided, and efficiency refers to the size of the economic pie.
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Answer:

The correct answer is True.

Explanation:

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The key feature of this circular flow is the _______________.
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3 years ago
You have informed users that you need to bring the machine down at the end of the day to perform routine maintenance. However, p
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Answer:

shutdown -h +15 It is time for a shutdown!

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3 years ago
At the beginning of Year 1, a company reported a balance in common stock of $166,000 and a balance in retained earnings of $66,0
Vinil7 [7]

Answer:

Explanation:

1.

Shareholders equity = Common stock + Retained earnings

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Statement of shareholder's equity

Beg balance 232,000

Issuance of common stock  56,000

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End balance 322,400

Balance sheet

There is not information for preparation of balance sheet but following is the layout:

Assets:

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Liabilities:

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