Answer:Is always the same; a straight line
Explanation:
If there is always a 4-for-1 tradeoff between producing good X and good Y, it follows that the opportunity cost of X (in terms of Y) is always the same and the PPF for these two goods is a straight line
PPF Production Possibility Frontier plays an important role in that It is used to demonstrate the point that any nation's economy reaches its greatest efficiency level. This happens when it manufactures only what it is qualified to manufacture and trades with other nations for the rest of what it needs.
Also called transformation curve, It is a decision making tool That supports that manufacturing of one commodity may increase only if the manufacturing of the other commodity decreases.
As Jonah is ready to assess the feasibility of his business idea, he will be assessing the capability his business idea has to be successful or not.
<h3>What is a
business idea?</h3>
This refers to the concept that can be used for financial gain that is usually centered on a product/service that can be offered for money.
The feasibility of his business idea means the extent at which the business can be done or not, when he is assessing this, he will also need to assess the capability that the business idea has to be successful or not.
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Answer:
Economic Profit of Victor would amount to -$25,000
Explanation:
The formula to compute the economic profit is as follows:
Economic Profit (EP) = Total Revenue - (Opportunity Cost + Explicit Cost)
where,
Revenue is $150,000
Opportunity Cost is $100,000
Explicit Cost is $75,000
By putting the values in the formula
EP = $150,000 - ($100,000 + $75,000)
= $150,000 - $175,000
= -$25,000
The bond issuance should be recorded as the bond issued with discount. There is a difference between the bond's par value and its selling price. If a bond sold below its par value, a discount will appear as the difference between them. For the journal entry, there will be a debit balance in cash account for $1,864,097, debit balance in the discount of the bond payable account for $ 135,903, and credit balance in the bond payable account for $2,000,000.