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3 years ago

A point on the production possibilities curve represents a combination of goods that is

Business

1 answer:

Elodia [21]3 years ago

6 0

Answer:

The correct answer is: feasible and efficient.

Explanation:

The production possibility curve or frontier shows the different bundles or combinations of two goods that be produced using the given resources and state of technology.

All the points on the production possibilities curve represent the combinations that are feasible and efficient.

The points below the curve show the points that are feasible but inefficient.

The points above the curve show the points that cannot be attained using the given level or resources and technology.

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Olive, the owner of Olive’s Orchard, contracts to sell its harvest to Pure Foods, Inc. Later Olive refuses to perform. Pure Food

Alexxandr [17]

Answer:

D)fraud

Explanation:

From the question, we are informed about Olive, the owner of Olive’s Orchard, contracts to sell its harvest to Pure Foods, Inc. Later Olive refuses to perform. Pure Foods files a suit to enforce the contract. Olive and Pure Foods are in a state that does not recognize the doctrine of unconscionability. To defend successfully against enforcement of the contract on similar grounds,. In this case, Olive might rely on traditional notions of a fraud. Fraud can be regarded as an act of deception which is intentional to deprive those that fall for it their legal right. It is activities that gives the perpetrator an unlawful gain or to deny a victim their right. It is carried out by people to get financial or personal gain in an unlawful manner. Some types of fraud that are common are are tax fraud, bankruptcy fraud. as well as credit card fraud,

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3 years ago

Which of the following items would typically not be included in an audit program?a. A list of audit procedures to be performed.b

bulgar [2K]

Answer:c

Explanation:because nomally we apply the other two but I have never heard of "a workplace heading"

I'mnot sure if this is right

4 0

3 years ago

To be responsive to local pressures, companies must ____________ their offerings and strategies from country to country to refle

Vera_Pavlovna [14]

To be responsive to local pressures, companies must option c. <u>differentiate</u> their offerings and strategies from country to country to reflect local consumer.

<h3>What is Local responsiveness to pressure?</h3>

The degree to which a corporation needs modify its goods and operating procedures to accommodate local requirements is known as local responsiveness. Four fundamental worldwide business strategies are produced by the two dimensions: export, standardization, multi domestic, and transnational.

In other words, local responsiveness refers to how much a company must alter its operations and/or products in order to accommodate those in different nations.

Hence a firm may not be able to fully benefit from location economies and experience curve because of pressures for local responsiveness. While there are advantages to such personalization, it also hinders a company's potential to realize large experience curve and geographic economies.

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2 years ago

Read 2 more answers

The government can use _____________ in the form of ____________________ to increase the level of aggregate demand in the econom

Naily [24]

The government can use <u>an expansionary fiscal policy </u> in the form of <u>an increase in government spending </u> to increase the level of aggregate demand in the economy.

<h3>How does Government Spending Affect the Economy ?</h3>

There is a high possibility that the rise in taxes will negate the impact of rising government spending which would leave Aggregate Demand (AD) unchanged. However, it is possible that increased spending and rise in tax could lead to an increase in GDP.

In a recession, consumers may reduce spending leading to an increase in private sector saving. Therefore a rise in taxes may not reduce spending as much as usual.

The increased government spending may create a multiplier effect. If the government spending causes the unemployed to gain jobs then they will have more income to spend leading to a further increase in aggregate demand. In these situations of spare capacity in the economy, the government spending may cause a bigger final increase in GDP than the initial injection.

However, if the economy is at full capacity, the increase in government spending would tend to crowd out the private sector leading to no net increase in Aggregate demand from switching from private sector spending to government sector spending.

<h3>Which type of policy does the governments adopt to increase the aggregate demand in the economy?</h3>

Expansionary fiscal policy increases the level of aggregate demand, either through increases in government spending or through reductions in taxes. Expansionary fiscal policy is most appropriate when an economy is in recession and producing below its potential GDP.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

The government can use _____________ in the form of ____________________ to increase the level of aggregate demand in the economy.

A. a contractionary fiscal policy; a reduction in taxes

B. an expansionary fiscal policy; an increase in corporate taxes

C. an expansionary fiscal policy; an increase in government spending

D. a contractionary fiscal policy; an increase in taxes

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2 years ago

A company has developed a new smart clock. If the clock is successful, the present value of the payoff (at the time the product

timama [110]

The correct answer is letter C

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3 years ago