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4 years ago

The production possibilities curve:

Business

1 answer:

Vinil7 [7]4 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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Assume that Toy Craft makes ragdolls. Each ragdoll requires 12 square feet of fabric. If the number of dolls to be produced duri

Sholpan [36]

Answer:

The total cost of fabric purchases is $1,949,400

Explanation:

Numbere of units produced 19000

RM required per unit 12

Total RM needs 228000

Add: Ending inventory of RM 11400

Total needs 239400

Less: Beginning inventory of RM 22800

Budgeted Purchase units 216600

Price per unit 9

Budgeted Purhase in $1949400

Therefore, The total cost of fabric purchases is $1,949,400

6 0

3 years ago

The capital asset pricing model:_______A) Depicts the total risk of a security. B) Measures risk as the coefficient of variation

Inga [223]

Answer: Option c

Explanation: In simple words, the capital asset pricing model (CAPM) is a model used to determine an asset's hypothetically suitable necessary return rate to decide to attach assets to a diversified portfolio.

The equation takes into consideration the exposure of the asset to non-verifiable uncertainty , also expressed by the quantity beta (β) in the financial industry, as well as the expected market return and the expected return of a risk-free hypothetical asset.

Hence from the above we can conclude that the correct option is .

4 0

3 years ago

A factor market is A) where goods are exchanged. B) where resources are exchanged. C) where goods are made. D) organized by gove

Gala2k [10]

Answer: B) where resources are exchanged

Explanation:

The factors market is a very important market as this is where producers buy and sell resources needed for the production of goods and services. These resources include land, capital, labor and raw materials.

The market where crude oil is sold for instance is a factor market. Crude oil is a raw material that is converted into gasoline amongst other fuel related products.

6 0

3 years ago

Your uncle has $340,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, star

timama [110]

Answer:

17.27 years

Explanation:

For this question we use the NPER formula that is shown on the attachment below:

Provided that

Present value = $340,000

Future value = $25,000

PMT = $35,000

Rate of interest = 7.5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the number of year is 17.27 years

5 0

3 years ago

After an interview, you are told that the company is unsure of when a decision will be made. Because you have some time and want

bixtya [17]

Answer:

Send a separate letter to each interviewer ; Mention something you liked about the interview

Explanation:

Sending a follow up message to recruiters (interviewers) after few days of an interview about the status of your job application, assists in updating prospective employee & re-emphasises on the applicant's profile suitability for the job.

Writing a separate letter to each interviewer, mentioning something you like about the interview : Makes you build a good rapport with prospective employers, highlights your professional personality positive traits. It also appreciates the company for their selection procedure time spent on you as an applicant.

3 0

4 years ago