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3 years ago

The attainable production points on a production possibility curve are

Business

1 answer:

IrinaK [193]3 years ago

6 0

Answer:

Points along and inside the PPF (Production Possibilities Frontier)

Explanation:

PPC stands for Production Possibility Curve, which measures or evaluates the maximum output of the two goods and that is using the fixed amount of input.

The point on the curve states how much or amount of each good is to produced when the resources are shifted or moved from making more of one good or less of the other one.

Therefore, the attainable production points on the PPC are the points that are inside and along the production possibilities Frontier (PPF).

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Before Street Runner Road Builders allows new employees to operate the heavy machinery it uses to build roads, employees are sen

OverLord2011 [107]

Answer:

Explanation:

Before Street Runner Road Builders allows new employees to operate the heavy machinery it uses to build roads, employees are sent to a nearby classroom where they learn the safe and proper way to work with all of the tools and equipment they will use when they perform their jobs. Street Runner Road Builders is using a training technique known as Vestibule Training. Vestibule training was a type of job training developed since the industrial revolution era to teach workers their job as they have to be trained near their work area to perform their specif job or operations. vestibule training is often called near the job training to offer to learn something new.

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4 years ago

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A manger is described by subordinates as someone who inspires hard work by treating people kindly and giving employees individua

Levart [38]

Answer:

Referent

Explanation:

The referent power refers to the power in which the employees capacity, capability, skills and knowledge, hard work being liked by the other employees. Ths could be gained from the leadership skills and personality

So according to the given question since the manager described by subordinates through inspiring hard work by giving them attention and praise

This represents the referent power

4 0

3 years ago

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, an auction

Likurg_2 [28]

Answer:

r = (- 4.431%)

Explanation:

Given that,

During 2003, auction house sold a sculpture(Final value) = $10,291,500

Purchasing Price of sculpture in 1999(Initial value) = $12,337,500

No. of years elapsed = 2003 - 1999

= 4 years

$Final\ value=Initial\ value(1+rate\ of\ return)^{No.\ of\ years}$

$10,291,500=12,337,500(1+r)^{4}$

$\frac{10,291,500}{12,337,500}=(1+r)^{4}$

$(0.834164134)^{\frac{1}{4} }=(1+r)$

0.955680838 - 1 = r

- 0.04431 = r

- 4.431% = r

Therefore, annual rate of return on this sculpture is -4.431%

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3 years ago

What type of economy is the South African economy?<br>

Kobotan [32]

Answer:South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.

Explanation:

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2 years ago

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If, as a person consumes more and more of a good, each additional unit adds less satisfaction than the previous unit consumed, w

zalisa [80]

Answer:

The correct answer is option D.

Explanation:

The law of demand states that keeping other things constant there is an inverse relationship between quantity demanded and price.

According to the law of increasing marginal opportunity cost with each additional output the marginal opportunity cost to produce next unit of output increases.

While the law of supply states that keeping other things constant there is a direct relationship between price and quantity supplied.

According to the law of diminishing marginal utility, the marginal utility derived from the consumption of each additional unit of good keeps declining as more and more unit of goods is consumed.

So, option D is the correct answer.

8 0

3 years ago