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2 years ago

Suppose there are only two types of goods

1 answer:

4 0

If there were only two types of goods besides money, then money wouldn’t be the only thing that makes the world go round as they say. We would rely on these two things to much and eventually I’m guessing the supply of these goods would go down because of how dependent we would be to it.

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A straight-line production possibilities frontier assumes Group of answer choices the more resources a society uses to produce o

liubo4ka [24]

Answer:

the opportunity cost of producing a good is constant as more and more of that good is produced

Explanation:

In the case of the production possibilities frontier i.e. on the straight line presumes that the opportunity cost for generating the good should be the similar or constant when the more and more goods are generated or produced

So as per the given options, the above statement should be selected

And, the same is to be relevant

5 0

2 years ago

Given a normal market supply curve for mp3 players, if the nightly news reports that loud music increases hearing loss, then the

castortr0y [4]

What would likely happen after the news spread is that there will be a decrease in supply for mp3 players. It is because mp3 players are considered to be loud music for it is need to be plugged on the ears for better sound and hearing in listening to music. If it is claimed that it increases hearing loss, people will be alarmed and think that the mp3 players will contribute to this problem, giving the effect of other people not buying it, decreasing the supply.

4 0

2 years ago

Kailey James Company is evaluating a capital expenditure proposal that requires an initial investment of $14,900, has predicted

marishachu [46]

Answer:

Year Cashflow [email protected]% PV

$ $

0 (14,900) 1 (14,900)

1-12 4,000 5.6603 <u>22,640</u>

NPV <u> 7,740</u>

Explanation:

In this respect, we need to calculate the discount factor of annual cash inflows for 12 years at 14 discount rate. For this purpose, present value annuity interest factor will be used since the cash inflows are constant. Then, we will multiply the annual cashflows by the discount factor so as to obtain the present value of cash inflows. Then, we will deduct the initial outlay from the present value of cash inflows in order to obtain the net present value of the proposal.

4 0

2 years ago

A print shop runs a two-station binding line, in which the first station punches holes in the pages and the second station insta

ycow [4]

Answer:

Punching machine

Explanation:

The computation is shown below:

Punching actual output = Both punching and the binding output + punching output

= 8,000 + 5,000

= 13,000 pages per hour

But the punching machine process to 15,000 pages per hour

Now the utilization rate of punching is

= 13,000 ÷ 15,000

= 0.867 pages per hour

Now for binding

The actual output is 8,000 pages per hour

Binder processing to 10,000 pages per hour

So, the utilization rate is

= 8,000 ÷ 10,000

= 0.8 pages per hour

As we can see that the utilization rate of punching is higher that results the bottleneck

8 0

2 years ago

If the contribution margin ratio for domino company is 35%, sales were $2,100,000, and fixed costs were $400,000, what was the i

agasfer [191]

Hi there

income from operations=
Sales-(fixed+variable) cost

So we need to variable cost
Variable cost=
Sales-Contribution margin

Contribution margin=
2,100,000×0.35
=735,000

Variable cost=2,100,000−735,000
=1,365,000

Income from operation
2,100,000−(400,000+1,365,000)
=335,000 ....Answer

Hope it helps

6 0

2 years ago