All categories

3 years ago

If an economy is inefficient, its actual output combination will lie ______ the production possibilities curve.

1 answer:

4 0

Inside.

If the economy is inefficient, its actual output combination will lie inside the production possibilities curve. This curve represents the opportunities for production in a given economy with the most efficiency being gained by producing along the curve. Any points within or inside the curve are considered inefficient, whereas points outside the curve are considered unavailable or inaccessible without changes in technology or innovation.

You might be interested in

Which is the last station responsible for making sure the order goes out correctly?

malfutka [58]

The last station responsible for handling the after-sales processes goes out correctly is First Out.

First In, First Out (FIFO) is a system of asset management and valuation in which assets created or acquired first are sold, used, or disposed of first.

For tax purposes, FIFO assumes that the assets with the oldest expenses are included in the cost of goods sold on the income statement (COGS). The remaining inventory assets are matched with the most recently purchased or manufactured assets.

To learn more about FIFO visit:

brainly.com/question/6352710

#SPJ4

4 0

2 years ago

Pre-restoration activities begin with an information________ process?

Ad libitum [116K]

noun Informal. something given without charge or cost, as a ticket to a performance or sports event or a free sample at a store: Freebies can be very useful in promoting your brand or business.

6 0

3 years ago

You've found organically grown, purple tulips and have decided to add them to a delicate pear and butter leaf salad at the eveni

RideAnS [48]

The answer is B. because its the only won that would work to keep the flower from drying out

8 0

3 years ago

Read 2 more answers

Sales totaled $1,242,300 for the year, variable selling and administrative expenses totaled $140,220, and fixed selling and admi

3241004551 [841]

Answer:

$105,260 lower than under absorption costing

Explanation:

The computation of the net operating income for the year is shown below;

Change in units in inventory is

= Units produced - Units sold

= 30,140 units - 24,600 units

= 5,540 units

Now the fixed overhead per unit is

= Fixed manufacturing overhead ÷ Units produced

= $572,660 ÷ 30,140

= $19 per unit

Now the total amount would be

= 5,540 units × $19 per unit

= $105,260

Since the units produced is more than the units sold that means the net income under absorption costing is more than the net income under variable costing

hence, $105,260 lower than under absorption costing

4 0

3 years ago

On January 1, 2021, Splash City issues $330,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and

Sholpan [36]

Find the answer in attachment

3 0

4 years ago