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lesya692 [45]
3 years ago
9

1. Improvements in technology.2. Increases in the supply (stock) of capital goods.3. Purchases of expanding output.4. Obtaining

the optimal combination of goods, each at least-cost production.5. Increases in the quantity and quality of natural resources.6. Increases in the quantity and quality of human resources.Which set of items in the accompanying list would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve?a. 1, 2, 5, and 6 only.b. 3 and 4 only.c. 1, 3, and 4 only.d. 3 only.More than 75% of the world's income is earned by what percentage of the world's population?a. 10%.b. 40%.c. 20%.d. 5%.
Business
1 answer:
polet [3.4K]3 years ago
4 0

Answer:

1. Which set of items in the accompanying list would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve?

a. 1, 2, 5, and 6 only.

2. More than 75% of the world's income is earned by what percentage of the world's population?

d. 5%.

Explanation:

The above options are the solutions to the  questions asked. In terms of the world's income, 5% of the world's population earns 75% of the world's income.

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<u>Solution and Explanation:</u>

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<u>MCQ: </u>

Answer is option a&d  - risk averse people fear a lot for losing money, thus they overestimate the probability of loss

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3 years ago
Airbase is a consumer electronics company known for its affordable mobile devices that follows a cost-leadership strategy. In th
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Answer: 4. a consumer electronics company popular among price-conscious customers.

Explanation: Companies who thread a cost-leadership strategy or path could be said to be 'price-centric', that is gives price huge cognizance and will strive to be a market or industry leader when it comes to giving best and most affordable prices on products.

Thus, since Airbase follows a cost leadership strategy and also popular among consumers for its affordable devices, it should also weigh or compare it's strategy to other consumer electronics company which is popular among consumers which gives cognizance to price of products they purchase.

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3 years ago
What statement regarding command economies is false
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Last year Acme paid Ralph $15,000 to install a new air-conditioning unit at its headquarters building. The air conditioner did n
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Explanation:

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b. Unless he returns money to Acme this year, Ralph will be able to claim a deduction of $5,000. Although Ralph originally paid the $1,750 tax on invoice and only saved $1,400 on the reduction of the refund and because the repayment timing resulted in an additional $350 tax. As the amount refunded to Ralph is more than $3,000 according to IRC§ 1341a. This is possible for Ralph to use the taxes accrued in the next year from the same refund to cover taxes. So Ralph will say a tax offset of $1,750 instead of a deduction of $5,000.

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3 years ago
The existence of under- or overapplied overhead at the end of the year: a. requires a retroactive adjustment to the cost of all
Ilya [14]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

Cost of goods sold includes all types of expenses related to a product.  

Any type of expenses during the year can be adjusted in the cost of goods sold for that product.  underdeveloped or overdeveloped overhead can also be adjusted in the cost of goods sold for the particular year.

so the correct answer to the given statement is the Cost of Goods sold.

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