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GuDViN [60]
2 years ago
5

Assume that an economy produces only two goods, pizza and wings. Place the events in order, to show how an improvement in pizza-

making technology would lead to an increase in wing production.
A) More workers making wings means increaSed wing production.
B) Workers are available to make more wings
C) Fewer workers are needed to make as much pizza as before, or even more
D) Better pizza making technology is developed
E) Some workers are no longer needed for pizza-making.
Business
1 answer:
STALIN [3.7K]2 years ago
5 0

Answer:

The correct answer would have to order as:  D, C, B, E, A

Explanation:

The given events would be placed in the following order to show how an improvement in pizza making technology would lead to an increase in wing production.

D: Better pizza making technology is developed

C: Fewer workers are needed to make as much pizza as before or even more.

B: Workers are available to make more wings

E: Some workers are no longer needed for pizza making.

A: More workers making wings means increased production.

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Describe the role that workers play in the game of economics.
uranmaximum [27]
They function as consumers and producers because while they work, they are creating goods/ providing services that contribute to the economy. When they get paid, they become consumers who buy goods/pay for services.
4 0
2 years ago
Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief ment
Marianna [84]

Answer:

D.  Incomplete

Explanation:

The information supplied by the furniture manufacturing can be described as incomplete because it fails to state how big or how small the wooden logs should be to serve the purpose of what it is wants to be used for.  It only states the kind of quality  that the wood should be and that it should be of the same size.

5 0
3 years ago
After a sluggish quarter, the Federal Reserve Bank decides to increase the money supply in the economy. When the money-creation
Maslowich

Answer:

20; $1 billion

Explanation:

Given that,

New funds = $20 billion

Required reserve ratio = 5%

Money multiplier:

= 1/Required reserve ratio

= 1/0.05

= 20

Initial money increase by:

= Funds wants to be in the money supply × Required reserve ratio

= $20 billion × 5%

= $1 billion

Therefore, the Fed should initially increase $1 billion in the money supply.

5 0
2 years ago
A commercial building worth $400,000 is insured under a Commercial Property policy for $240,000, and an 80% coinsurance clause a
Mekhanik [1.2K]

Answer: $15,000

Explanation: The 80% coinsurance clause on the property means that the insurance policy holder is agreeing to contribute up to 80% of the property's worth. Hence in the event of a loss to the building worth $20,000; the insures policyholder would receive :

(Actual contribution/expected contribution) x value of loss to the property

Where : Expected contribution = 80% of property's worth

ie (80/100) x $400,000 = $320,000

then the insured is to receive: ($240,000/$320,000) x $20,000 = $15,000

4 0
3 years ago
A company with high ebit is considering pursuing multiple projects next year. which trade-off is involved, and what is the ideal
strojnjashka [21]

A company with high EBIT is considering pursuing multiple projects next year. The trade-off involved will be maximizing the number of projects against a higher credit rating, with an A rating being ideal. Thus the correct answer is D.

<h3>What is a trade-off?</h3>

The trade-off is referred as a situation when one object gets compromised to gain over another object. This situation comes when decision-making between two goods takes place and one will get selected over the other.

Increasing the number of projects is compromised for a superior credit rating. A strong credit rating won't be enough since more projects will require the business to heavily rely on financing. The A credit rating will be considered.

Therefore, option D is appropriate.

Learn more about trade-off, here:

brainly.com/question/10895386

#SPJ1

The complete question is-

A company with high EBIT is considering pursuing multiple projects next year. Which trade-off is involved, and what is the ideal credit rating for the company between AAA, AA, A, and BBB?

Select an answer:

The trade-off is only being able to pursue a few of the projects against a lower credit rating, with an AA rating being ideal.

The trade-off is pursuing more new projects against a lower WACC, with a AAA rating being ideal.

The trade-off is the risk of a credit downgrade against having few new projects, with a BBB rating as ideal.

The trade-off is maximizing the number of projects against a higher credit rating, with an A rating being ideal.

5 0
1 year ago
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