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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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Sales revenue$ 4,000Purchases of direct materials$ 400Direct labor$ 450Manufacturing overhead$ 620Operating expenses$ 650Beginni
Anna007 [38]

Answer:

A) $1,450

Explanation:

beginning finished goods + COGM = ending finished goods + COGS

to know COGS we need cost of goods manufactured

COGM = beginning WIP + cost added - ending WIP

to knwo COGM we need to know cost added

cost added = labor + materials + overehead

to know that we need to know materials used:

used into production= beginning raw+purchase - ending raw

used = 200 + 400 - 180 = 420

and now we go backwards in the loop to fill the blank and solve for COGS

cost added = 450 + 420 + 620 = 1490

COGM = 320 + 1490 - 410 = 1400

and we now return to the formula to find COGS

250 + 1400 = 200 + COGS

1650 - 200 = COGS = 1,450

6 0
4 years ago
In which ancient civilization was healthy living and exercise very important?<br> tomis
mel-nik [20]

Answer:

Ancient Greek

7 0
3 years ago
A good thing to consider while figuring out your business goals is
Allisa [31]
A or C is what i think
8 0
2 years ago
How has globalization of this business affected operations and its supply chain?
ExtremeBDS [4]

Globalization increases both oppurtunities like more customers and threats like competition. Supply chain members could be more spread out, but it could also lead to lower cost options.

3 0
4 years ago
A company makes travel umbrellas. Its fixed costs are $1000 a week and its variable costs for one batch of umbrellas per week is
Lady_Fox [76]

Answer:

Break-even point in units= 93 units

Explanation:

Giving the following information:

Its fixed costs are $1000 a week and its variable costs for one batch of umbrellas per week are $500 for 2000 units.

After doing market research, the company sets the price per umbrella at $11.

Unitary variable cost= 500/2,000= $0.25

To calculate the break-even point in units, we  need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 1,000/ (11 - 0.25)

Break-even point in units= 93 units

3 0
3 years ago
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