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3 years ago

The production possibilities curve:

Business

1 answer:

Vinil7 [7]3 years ago

7 0

Answer:

The correct answer is option C.

Explanation:

The production possibility frontier shows the maximum possible bundles or combinations of two goods that can be produced using the given resources completely.

All the points on and below the frontier are attainable. The points above the frontier are unattainable as they need more resources.

The points below the frontier though attainable are inefficient, this is because all the resources are not being used.

So we can say that the production possibility curve is a frontier between a combination of two goods that are attainable and that are not attainable.

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Amanda and Jeremy argue about the employment of children in tobacco farms in a certain part of the world. Jeremy is of the view

mixas84 [53]

Answer:

Utilitarianism.

Explanation:

Utilitarianism is extraordinary compared to other known and most compelling moral theories. Like different types of consequentialism, its center thought is that whether activities are morally right or wrong relies upon their belongings. All the more explicitly, the main impacts of activities that are important are the great and terrible outcomes that they produce.

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2 years ago

A division's return on investment may be improved by increasing:

Kisachek [45]

Answer:

The correct answer is letter "A": capital turnover or sales margin.

Explanation:

Return on Investment, or ROI, measures the amount of return on an investment relative to the cost of investment. The return of an investment is divided by its cost to calculate ROI. The result is expressed as a percentage or as a ratio. Investments with positive ROI are likely to be successful while those with negative figures are possible to end up in losses.

To increase a division's ROI, the firm can increase the capital turnover (capital assets that allow the company to profit) or the sales margin (the difference between costs and the net profit of selling a unit of a product).

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2 years ago

Many economists oppose a constitutional amendment that would require a balanced budget for the federal government because it wou

masha68 [24]

False is the correct answer

8 0

2 years ago

High competition for and debates over natural resources affect the development of government policies

andrezito [222]

Answer:

Letter A is correct. TRUE.

Explanation:

This statement is true and supported by the sociological structure of social complexity, which is a concept of analysis of society that reflects the relationship between social behavior through continuous and complex circumstances, such as armed conflicts, emigration patterns and political movements.

This concept supports that human beings are not passive individuals, therefore they search for goals that will improve the quality of life of society, therefore high competition and debates about natural resources will significantly affect the development of government policies, as the sustainability and use of Natural resources are a topic that is widely discussed today, and society increasingly seeks socio-environmental responsibility from organizations and governments, as this is a relevant issue for survival and quality of life. So this issue will influence policy, which is an adaptive and complex system that exists to manage issues that affect society.

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2 years ago

Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in De

Eddi Din [679]

Answer:

See Explanation Below

Explanation:

Given

Beginning inventory units = 15,000 units

Beginning Inventory Completed = 60% completed

Current work = 35,000 units started

Ending inventory = 5,000 units

Ending inventory completed = 20% completed

Using FIFO, the production cost report is as follows

First, we determine the physical flow of units;.

This is listed out as follows;

Beginning WIP Inventory: 15,000 units

Unit started this period: 35,000 units

Total units to account for = 50,000 units

Units completed and transferred out: 45,000 units

Ending WIP Inventory: 5,000 units

Total accounted units: 50,000 units

Unit completed and transferred out is calculated by;

Total units to account for - Ending WIP Inventory

= 50,000 units - 5,000 units

= 45,000 units

Calculating the EUP (Equivalent Unit of Production)

Equivalent Unit to complete beginning WIP Inventory

Direct Materials: 15,000 (100% - 100%) = 0 EUP (Direct)

Conversions: 15,000 (100% - 60%) = 6,000 EUP (Conversion)

Equivalent Unit started and completed: 30,000 EUP (Direct)

Equivalent Unit started and completed: 30,000 EUP (Conversion)

Equivalent Unit in ending WIP Inventory:

Direct: 5,000 units * 100% = 5,000 EUP (Direct)

Conversion: 5,000 * 20% = 1,000 EUP (Conversion)

Total Equivalent Unit of Production: 0 EUP + 30,000 EUP + 5,000 EUP = 35,000 EUP (Direct)

Total Equivalent Unit of Production: 6,000 EUP + 30,000 EUP + 1,000 EUP = 37,000 EUP (Conversion)

Note that;

Equivalent Unit started and completed is calculated as follows;

Total Units account for (45,000) - Beginning Unit (15,000) = 30,000 EUP

3 0

2 years ago