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PilotLPTM [1.2K]
3 years ago
6

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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What is a key advantage of a corporation
Vinvika [58]

Answer:

Advantages of a corporation include limited liability for its shareholders, a perpetual existence and ease of transferring ownership interests

Explanation:

https://www.justia.com/business-formation/docs/corporation-advantages-disadvantages/

7 0
3 years ago
The movie Moneyball (based on the book by Michael Lewis) tells the story of Billy Beane, the general manager of the Oakland A's
zavuch27 [327]

Answer: B. Hold

Explanation: the Oakland A's baseball team has a very low payroll budget which means the team received low income as pay. So Beane the general manager created a successful "hold strategy" to retain talents created in the team. It is a good business management strategy to keep your best guys, but with low pay you can not keep them for long.

8 0
4 years ago
An increase in education and training for the workforce would Group of answer choices increase Gross Domestic Product but not th
padilas [110]

When there is an increase in education and training of the workforce then it leads to a rise in production function in aggregate.

Option B is the correct answer.

<h3>What is the workforce?</h3>

The workforce is referred to the individuals who are being employed in an occupation. It is also known as the labor force or workers or employees.

When the workforce is educated and provided training in the respective areas of their interest fields, then it develops their personality and makes them skilled workers. This results in increasing the production in aggregate for the company in which they are working.

Therefore, the production function aggregately rises due to the increase in the education and training of the workers.

Learn more about the production function in the related link:

brainly.com/question/13755609

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6 0
2 years ago
A $20,000 loan with interest at 3.5% is being repaid by 35 level annual payments. The first payment is due one year after the lo
Klio2033 [76]

Answer:

To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.

Therefore upon calculating the loan after the seventeenth year we have $19252

The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330

Therefore, the balance calculated after the twenty-seventh instalment = $6150

Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.

Explanation:

To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.

Therefore upon calculating the loan after the seventeenth year we have $19252

The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330

Therefore, the balance calculated after the twenty-seventh instalment = $6150

Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.

4 0
3 years ago
A bank's decision to give a customer a mortgage is an example of an unstructured decision.
aleksley [76]
False. <span>A bank's decision to give a customer a mortgage is an example of an unstructured decision. Unstructured decisions are decided upon after reading up on current models, statistics and knowledge to help find the answer. These decisions are straight forward and to the point, there is no thinking long-term on them. </span>
7 0
3 years ago
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