1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
swat32
3 years ago
5

The production possibilities frontier provides an illustration of the principle that

Business
1 answer:
IgorLugansk [536]3 years ago
3 0
<span>There are trade-offs and costs to the production of goods and services. That is, if one good is produced, some other good is necessarily not produced and that is a lost opportunity. The trade-offs are measured and decisions are made based upon the best allocation of resources in order to get the most out of what is produced.</span>
You might be interested in
Suppose you would like to make a global change to the font type and font color for all slides with the comparison layout. Which
Svetllana [295]

Answer:

D. Use slide master.

Explanation:

Edge

7 0
2 years ago
Stone and brick are substitutes in home construction. Consider the market for bricks depicted below. Suppose the price of stone
Sergio039 [100]

Answer: Price of bricks will increase and quantity will increase.

Explanation: Since Stone and bricks are substitutes to each other, a rise in the price of stone due to the new regulation will lead to a rise in the demand for bricks. Since bricks are now relatively cheaper as compared to stones after the price rise, people will use more bricks than stones. This will shift the demand for bricks to the right driving upwards the price for bricks and also increase the quantity of bricks being sold in the market.

5 0
3 years ago
Read 2 more answers
Which would be the most likely target market for a new brand of high-end athletic shoes?
qwelly [4]

Answer:

Dedicated athletes, like a marathon runners

Explanation:

6 0
3 years ago
When brad john talks about the fact that he is going to have to create different financial plans depending on the amount of busi
nika2105 [10]
When Brad John talks about the fact that he is going to have to create different financial plans depending on the amount of business the company is bringing in, he is referring to a cash flow plan. It estimates short and long-term expenses against projected incoming cash. This is a form of anticipation through creating cushion intended for unexpected expenses.
8 0
3 years ago
An aggregate production function shows​ ________. A. the relationship between a​ country's output and its price level B. various
Maru [420]

Answer:

The correct answer is letter "C": the relationship between a​ country's GDP and its factors of production.

Explanation:

The Aggregate Production Function describes the relationship between a country's Gross Domestic Product (GDP) and the factors of production involved in it. Aggregate Production functions are considered physical and human capital, labor, knowledge, social infrastructure, and natural resources. Production increases as a result of increases in capital, natural resources, and labor.

3 0
3 years ago
Other questions:
  • A company sold equipment that originally cost $160,000 for $96,000 cash. the accumulated depreciation on the equipment was $64,0
    6·1 answer
  • Producer surplus is equal to
    15·1 answer
  • The value of a firm is maximized when the: Multiple Choice
    13·1 answer
  • Dée Trader opens a brokerage account and purchases 100 shares of Internet Dreams at $56 per share. She borrows $3,500 from her b
    10·1 answer
  • Sources of monopoly power A monopolist, unlike a competitive firm, has some market power. It can raise its price, within limits,
    5·1 answer
  • Given $100,000 to​ invest, construct a​ value-weighted portfolio of the four stocks listed below.
    5·1 answer
  • Ed died while employed by Violet Company. His wife collected $40,000 on a group term life insurance policy that Violet provided
    12·1 answer
  • If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts?
    7·2 answers
  • A pension plan which promises employees a fixed annual pension benefit, based on years of service and compensation, is called a(
    7·1 answer
  • The May transactions of Whispering Winds Corp. were as follows. May 4 Paid $690 due for supplies previously purchased on account
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!