Answer:
- What is the meaning of the X- and Y-intercepts?
C) These are the limits of production if all resources are used to produce only one good.
When the production possibilities frontier (PPF) intersects the X or Y axis, it shows the maximum output level if all the resources are used to produce only one good.
- Why would an economy produce at this point?
D) All of the above.
When an economy is producing at either intersection point (X or Y), it is usually not because of extreme specialization but rather due to failures or negative factors that prevent the production of the other good. Employment failures that lead to an ineffective allocation of labor or capital deficiencies which result in an ineffective allocation of capital resources (including technology).
- Suppose you succeeded in lifting your economy to a point on its PPF. What point would you choose? How might your small society decide the point at which it wanted to be?
A) This depends on the value the society places on necessities and luxuries.
The theory behind the PPF not only applies to economies, it also applies to consumers and the consumption possibilities frontier (CPF). Consumers decide what products to buy depending on how they want to satisfy their needs, either by purchasing products that satisfy basic necessities or purchasing luxury products.
Answer:
c i believe
hes not really taking any risks
First is that I will set up a Human Resource (HR) department.
This department will be in-charge of my most important capital – my people. If
for example, my business cannot afford to have one, then I will make sure to
have an open door policy. This usually works because through this, my employees
can either talk to a human resource officer (if available) or directly talk to
me regarding their problems. I will ensure that due process will be given if
there will be cases or problems filed.
Answer:
B) ROE is a forward-looking, one-period measure, while business decisions span the past and present
Explanation:
ROE is a forward-looking, one-period measure, while business decisions span the past and present, this statement does not describe a problem with using ROE as a performance measure.
