1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igomit [66]
3 years ago
10

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol

lowing concepts cannot be illustrated by this model? a. the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothingb. the tradeoff between production of jewelry and production of clothing c. the opportunity cost of clothing in terms of jewelry d. the effect of economic growth on production possibilities involving jewelry and clothing
Business
2 answers:
aalyn [17]3 years ago
7 0

Answer:

A

Explanation:

The production possibilities frontier shows the various combinations of the two separate goods that can be produce by limited resources the two products need for production their production. The optimum production is represented by the varied production of both item along the line which is usually represented by an arc. Inefficient production is within the area inside the curve while future production is beyond the curve which cannot be achieved at the moment but can be achieved when a change like new technology is used in the production of the products such as new machine that improves number of the products that can be produced.

The other options can be illustrated by the except A (the flow of dollars between sellers of jewelry and the clothing).  

ankoles [38]3 years ago
4 0

Answer:

Correct option is A

“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option  

Explanation

It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.  

You might be interested in
Use the following financial statement information as of the end of each year to answer this question. 2017 2016 Inventory $54,00
Allisa [31]

Answer:

Gross Margin = 60.97%

Net Profit Margin = 4.337%

Explanation:

Gross Profit Margin =  \frac{Net\: Sales \: - \: Cost \: of \: Goods \: Sold}{Net Sales}

Here as per the data provided,

Net Sales for the year 2017 = $784,000

Cost of goods sold for the year 2017 = $306,000

Gross Profit Margin = \frac{784,000 \: - \:306,000}{784,000} \times 100 = 60.97%

Net profit margin = \frac{Net\: Income}{Net Sales}\times 100 =

\frac{34,000}{784,000}\times 100 = 4.337%

Since it is not specified which margin to calculate, when we say profit margin we will calculate gross margin.

Gross Margin = 60.97%

Net Profit Margin = 4.337%

5 0
3 years ago
Has the taxpayer in each of the following situations received taxable income? If so, when should the income be recognized? Expla
Thepotemich [5.8K]

Answer:

a. Both Charlotte and Joe have received taxable income with a difference in timing. Charlotte will recognize the income in December while Joe will recognize it in January

b. Ed has received taxable income with a difference in timing. It will be recognized in 2016

c. Dayo has received taxable income with a difference in timing. It will be recognized during the year

d. John has received taxable income for the year.

Explanation:

Lets look at each option and understand how taxable income is determined and how the timing will be determined as well.

a. Through the deal that Charlotte made with Joe, each will receive some form of remuneration that will be considered as income. For Joe, the income is in the form of a will which would generally cost him $3000. For Charlotte, it the income is in the form of a gazebo with the same value of $3000. The income will be recognized on the basis of when it is received by each taxpayer. So far Charlotte, the gazebo was received in December, therefore, the income will be recorded in this year only. Joe on the other hand, received his income in January, therefore, he will record the income next year.

b. In December 2015, the value of the stock increases by $600. However, this capital gain is not recognized as income since unrecognized income such as this is not classified as taxable income for the year. Since Ed continues to possess ownership of the stock in December, no income will be recognized in December. Now, Ed sells the stock in March of 2016 and recorded a gain of $500. The capital that he recovered will not be taxed under the law. The gain that he realized on sale of $500 will count towards taxable income for the year 2016.

c. Dayo will not include the bonus as taxable income for the year. For income to be recorded as taxable income, the associated <em>value</em> needs to be received by the taxpayer. As far as Dayo is concerned, she had not received the value of the bonus in December. The check was lost by the mail room which was an act completely beyond Dayo's control. Had Dayo misplaced the check herself she would have had to recognize the income in December. In this case, however, the taxable income will be recognized in January next year.

d. Two things will happen here. First, John will have to record income received from his drug operations as taxable. Even though the nature of the business is illegal, it is included under the umbrella of income. The taxable income from the drug operations would be to the tune of $60,000 which is the profit. Now as far as unemployment benefits are concerned, they are considered as a substitute for income that a taxpayer may earn from other sources. They are tax deductible up to a certain amount but some of it will be considered taxable. Therefore, both incomes will be recorded as taxable income in the current year.

7 0
3 years ago
Two roadway design are under consideration. Design 1A will cost $3 million to build and $100,000 per year to maintain. Design 1B
melomori [17]

Answer:

hhhh

Explanation:

6 0
3 years ago
What is morale? apparently the question was too short so this is filler
Lostsunrise [7]
A person's psychological condition as reflected in self-assurance, motivation and/or commitment to a cause or organisation. Morale flows from the confidence of the people regarding the righteousness or worth of their acts and the expectation of potential high rewards (material or otherwise).
3 0
2 years ago
Hawkins Company has owned 10 percent of Larker, Inc., for the past several years. This ownership did not allow Hawkins to have s
Darya [45]

Answer:

There will be no recorded change because the equity method comes into play from the acquisition date

Explanation:

In the event that Hawkins Company purchases or acquires another 30 percent of Larker, Inc. to add to their initial 10 percent holding, there will be no change in the investor report. This is because using the equity method, any investor report only starts taking into effect from the day the acquisition was made. Older statements and reports are not tampered with, as the investor did not have up to 40% of the company at that point  in time.

7 0
2 years ago
Other questions:
  • If the first copy cost of a music video is​ $223,000 and the marginal cost is​ $0, then how many copies should the firm sell in
    14·1 answer
  • How long does it take to get a suit dry cleaned?
    13·1 answer
  • How do you display integrity and moral character?
    14·1 answer
  • Flozell Adams is a professional football player formerly with the Dallas Cowboys. He submitted a claim in arbitration against hi
    11·1 answer
  • In recent times, the top ______ percent of households by income made over $320,000.
    6·1 answer
  • The fact that a proposed project is analyzed based on the project's incremental cash flows is the assumption behind which one of
    6·1 answer
  • The subscription manager at Cosmopolitan magazine keeps track of the subscription renewal rate, which is a good measure of custo
    6·2 answers
  • Relationship between peer assessment and critical thinking​
    15·1 answer
  • Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes molding, coloring and finishing. W
    9·1 answer
  • g ABC common stock is expected to have extraordinary growth in earnings and dividends of 21% per year for 2 years, after which t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!