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andrey2020 [161]
3 years ago
12

Upon what specific assumptions is this production possibilities curve based?

Business
1 answer:
mihalych1998 [28]3 years ago
3 0

Answer:

C. Full employment, fixed supplies of resources, fixed technology, and two goods

Explanation:

Production Possibility curve: It is a curve that shows all possible combinations to the amounts of the two goods that can be produced with the available resources and technology.

In simple words, all resources which are used to produce the possible combinations are called full employment. Thus, these specific assumptions plays vital role in production possibilities curve.

So, A, B, and the D are incorrect options.

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The data-mining technique that creates a report or visual representation is _____.
Helga [31]

Answer:

The data-mining technique that creates a report or visual representation is summarization.

Explanation:

The business world has changed drastically over the years in terms of marketing and service delivery because of growth in technology. The use of machines and internet has caused a greater need for access and analysis of information in such a way that can make a business thrive in the market. This means that most businesses have to look into better data-mining techniques that can assist them in the competitive business environment.

The different data mining techniques include; association-rule learning, classification, summarization and regression. They are explained further as follows:

1. Association-rule learning: this is a machine learning technique that discovers a relationship between large databases using the concept of strong rules.

2. Classification: this technique finds similarities in features of two or more data sets and groups them into the same category.

3. Regression: this is a predictive technique that is used to identify and analyse the likelihood of a specific variable.

4. Summarization: this technique takes the results from the data and puts it in a way that it is short and understandable by most people. It usually involves the use of tables and other data summarization software like Excel sheets to represent the data in a way that conclusions can easily be drawn. Data summarization is important especially in the digital world where large amounts of data are available for analysis and transfer. This technique helps in breaking down huge data into short comprehensible reports that can easily be used for quick decision making.

3 0
3 years ago
Based on the above table, which services-providing industry gained the most jobs between 1996 and 2006?
guajiro [1.7K]
Its B, Professional and business services. I just took the test.
7 0
3 years ago
Read 2 more answers
Hardy lumber has a capital structure that includes bonds, preferred stock, and common stock. which one of the following rights i
Vitek1552 [10]
The correct answer is B) Right to share in company profits prior to other shareholders
7 0
2 years ago
When creditors use the _________, they apply the finance charge only to the amount owed after you've paid your bill each month.
zhuklara [117]

Answer:

Adjusted balance method.

Explanation:

Financial charges that are been summed up at the end of the last cycle of billing or their previous balances are seen to be calculated with this method. And also, it is used in calculation of the interest which are seen to be toppled or owed by people or customers that are seen to using the savings accounts.

A lot of financial institutes rely on the service or this method in the summation of their account holders month end balances.

5 0
3 years ago
A company having difficulty with timely delivery of parts to its manufacturing plants should implement a supply chain ________ s
Ksju [112]

Answer:

The answer is D, Execution System.

Explanation:

Supply chain Execution system is a system that ensures the delivery of materials or orders to the concerned departments. So in this example, when a company is having difficulty with timely delivery of parts to its manufacturing plants, the company should implement the Supply Chain Execution System in order to ensure the timely delivery of the material to the manufacturing plant of the company.

8 0
2 years ago
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