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nata0808 [166]
3 years ago
5

Suppose a production possibilities frontier can be expressed as what is the opportunity cost of going from 1 unit of X to 2 unit

s of X (in terms of units of Y)?
Business
1 answer:
Scrat [10]3 years ago
8 0

Answer:

Yes. A production possibility frontier can be expressed for this scenario.

Explanation:

A production possibility frontier tells the combinations of X and Y that can be produced with the given level of resources e.g. If 1 unit of X is produced than at the same time the Country can produce 50 units of Y. If 2 units of X are produced than at the same time the Country can produce 40 units of Y. This means that in order to produce 1 additional unit of X, the Country must forego 10 units of Y. This is the opportunity cost of going from 1 unit of X to 2 units of X (in terms of units of Y).

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A

Explanation:

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2 years ago
When small changes in price lead to infinite changes in quantity demanded, demand is perfectly
aleksley [76]

Answer:

correct answer is Option D

Explanation:

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The quantity would be changed infinitely with a samll change in the the price. It means that demand is perfectly elastic and the curve is horizontal as the small change up decreases the quantity to zero and small change down increases the quantity infinity. Thus, option D is the correct ams of this questionwer

6 0
3 years ago
Effective teamwork and high productivity are good indications of positive....
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6 0
3 years ago
Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project
lisov135 [29]

Answer:

d. 13.31%

Explanation:

IRR is the rate at which NPV = 0    

IRR 13.31%    

Year                                      0            1              2                3

Cash flow stream               -1100.000    450.000   470.000    490.000

Discounting factor                    1.000       1.133        1.284         1.455

Discounted cash flows project  -1100.000 397.136 366.060 336.804

NPV = Sum of discounted cash flows    

NPV Project = 0.000    

Where    

Discounting factor = (1 + discount rate)^(Corresponding period in years)  

Discounted Cashflow = Cash flow stream/discounting factor  

IRR  = 13.31%

Therefore, The project's IRR is 13.31%

5 0
3 years ago
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Nata [24]

Answer:

The answer is network.

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Network is a way of interacting with others to exchange some information or establish social contacts. Since Jacob has built up a wide range of contacts, clients, and local business neighbors over the years as mentioned in the statement, he will generally leverage on the network he has developed with these individuals as he intend to move to another phase of his career.

7 0
3 years ago
Read 2 more answers
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