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gogolik [260]
4 years ago
12

The production possibilities curve represents: a) The maximum amount of labor and capital available for production. b) Combinati

ons of goods and services among which consumers are indifferent. c) Maximum combinations of products available with fixed resources and technology. d) The maximum rate of growth of capital and labor in an economy.
Business
1 answer:
CaHeK987 [17]4 years ago
4 0

Answer:

c) Maximum combinations of products available with fixed resources and technology.

Explanation:

The production possibilities curve (PPC) is also known as the production possibilities frontier (PPF) and its a curve which illustrates the maximum (best) combinations of two products that can be produce in an economy if they both depend on these factors;

1. Technology is fixed.

2. Resources are fixed.

Hence, the production possibilities curve represents maximum combinations of products available with fixed resources and technology. This ultimately implies that the manufacturing or production of one item (product) is likely to rise or increase provided the production of the other item (product) falls or decreases.

<em>Additionally, the production possibilities curve influences the choice of production used by companies and as such it helps to make the best decision regarding the optimum product mix for a company. This simply means that, all points in a production possibilities curve is efficient and resources should be used efficiently or to the fullest. </em>

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The approach of a firm using a "think global, act local" version of a global strategy entails:
nignag [31]

Answer:

The correct answer is letter "C": pursuing the same basic competitive strategy theme (low cost, differentiation, best cost, focused) in all countries where the firm does business but giving local managers some latitude to adjust product attributes to better satisfy local buyers and to adjust production, distribution, and marketing to be responsive to local market conditions.

Explanation:

"Think global, act local" is an approach by which firms spread their activities around the world with a standardized product or service. However, different regions imply having different consumers. Then, units in different countries have relative autonomy to adjust the product or service being offered to meer consumers' <em>preferences, expectations, </em>and <em>needs</em> to boost sales, thus, increase profits.

8 0
4 years ago
The increase in the internationalization of financial markets has led to.
soldier1979 [14.2K]

Answer:

the increase of internationalization of financial markets has led to ,companies searching the global financial markets for low costs funds

6 0
3 years ago
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams) and a box of six
joja [24]

Answer:

A) ≈ 3.509 grams

B) The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( NO )

c) 1.051 ounces

Explanation:

A) The largest standard deviation ( in grams)

This can be calculated applying the capability index formula and according to the capability index formula the value at which a process is capable is at  : 1.33

hence the largest standard deviation =  upper limit - lower limit / 6 * 1.33

 ( 354 - 326 ) / 7.98 = 3.5087 ≈ 3.509 grams

B) we first calculate the process mean and std of the box

standard deviation = \sqrt{variance }

std of the six-bar box = \sqrt{6*0.86^2}  = 2.106

process mean = 6 * ( 1.03 * 28.33) = 175.079

the mean is not centered between the upper specification and the lower specification hence we will apply the formulae used in calculating the capability index for an uncentered process

Cpk = (upper value - process mean) / (3 * std of box),

         = (187 - 175.079) / ( 3 * 2.106) = 11.921 / 6.318 = 1.89

Cpk =  (process mean -  lower value ) / (3*std of box)

       = ( 175.079 - 153 ) / (3 * 2.106) = 22.079 / 6.318 = 3.49

The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( N0 )

c ) lowest setting

calculate the value of the mean using capability index of 1.33

Cpk = (upper value - mean ) / 3 * std

mean = 187 - 1.33 * 3 * 2.106

           = 187 - 8.40 = 178.60 grams

Cpk = ( process mean - lower value ) / 3 * std

 mean = 1.33 * 3 * 2.106 + 153

            = 8.40 + 153 = 161.40 grams

the lowest setting in ounces

= 178.60 / ( 6 bar * 28 .33)

= 178.60 / 169.98 = 1.051 ounces

5 0
3 years ago
E11-25 Book vs. Tax (MACRS) Depreciation) futabatei enterprises purchased a delivery truck on january 1, 2014, at a cost of $27,
IgorLugansk [536]

A. The preparation of the Income Statements for Futabatei Enterprises for years 2014 and 2015 is as follows:

<h3>Income Statement </h3>

For years ended December 31 2014 and 2015

                                           2014           2015

Revenues                     $200,000    $200,000

Operating expenses      130,000        130,000

Depreciation                      3,000            3,000

Income before tax      $127,000     $127,000

B. <u>Taxable Income for 2014 and 2015</u>:

                                          2014           2015

Income before tax       $127,000      $127,000

Depreciation                     3,000            3,000

MACRS depreciation      (5,400)          (8,640)

Taxable income        $124,600      $121,360

C. The total depreciation to be taken over the useful life of the delivery truck is as follows:

                                          Book            Tax

Total depreciation        $21,000    $27,000

D. The depreciation for book and tax purposes are usually different over the useful life of an asset because of the different depreciation rates and methods.  Companies usually favor one of the depreciation methods for accounting purposes, but they are taxed by a different depreciation method, especially the MACRS method.

<h3>Data and Calculations:</h3>

Cost of delivery truck = $27,000

Estimated useful life = 7 years

<h3>Straight-line Depreciation Method:</h3>

Estimated salvage value =$6,000

Depreciable amount = $21,000 ($27,000 - $6,000)

Annual Depreciation = $3,000 ($21,000/7)

<h3>MACRS Tax Rate Table:</h3>

First year = $5,400 ($27,000 x 20%)

Second year = $8,640 ($27,000 x 32%)

Third year = $5,184 ($27,000 x 19.20%)

Fourth year = $3,110 ($27,000 x 11.52%)

Fifth year = $3,110 ($27,000 x 11.52%)

Six year = $1,556 ($27,000 x 5.76%)

Learn more about depreciation differences for financial accounting and tax purposes at brainly.com/question/15874429

6 0
3 years ago
_________ are for profit organizations that exist primarily to provide customers with consumer credit, including the financing o
dusya [7]

Answer: Finance companies

Explanation:

Finance company, refers to specialized financial institution that provides credit in order to buy consumer goods and also grant small loans to their consumers. They're different from the commercial banks as they do not accept deposit.

Finance companies can also borrow money from the commercial banks or the Federal Reserve System at a low interest rate and will then lend the monwy out at a higher interest rate.

4 0
3 years ago
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