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hoa [83]
3 years ago
14

On a bowed production possibilities frontier, as you move down along the curve a. more of one good must be given up to receive o

ne unit of the other good. b. the available production technology does not change. c. the opportunity cost increases. d. All of the above are correct.
Business
1 answer:
Annette [7]3 years ago
3 0

Answer:

The correct answer is option d.  

Explanation:

A production possibility frontier shows a different combination of two goods that can be produced using all the available resources and level of technology.

As the production of one good is increased the opportunity cost of giving up its alternative goes on increasing. In other words, as we go on increasing production of one good we need to give up more of the other because of the scarcity of resources.

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Jane, the CEO of Noble Inc. regularly interacts with her employees to give them all the necessary details about the company goal
Olin [163]

In the scenario, Jane is performing the managerial role of a <u>Disseminator.</u>

<u>Explanation:</u>

3 0
3 years ago
The 2016 income statements of Leggett &amp; Platt, Inc. report net sales of $3,749.9 million. The balance sheet reports accounts
sergejj [24]

Answer:

option (A) 49 days

Explanation:

Data provided:

Net sales = $3,749.9 million

Accounts receivable on December 31, 2016 = $486.6 million

Accounts receivable on December 31, 2015 = $520.2 million

Now,

The duration from December 31, 2015 to December 31, 2016 = 365 days

Days sales outstanding = \frac{\textup{Average accounts receivable}}{\textup{Credit sales}}\times Number of days

or

Days sales outstanding = \frac{\frac{\$486.6 + \$520.2}{2}\textup{million}}{\$\textup{3,749.9 million}}\times365

or

Days sales outstanding = \frac{\$\textup{503.4 million}}{\$\textup{3,749.9 million}}\times365

or

Days sales outstanding = 48.99 ≈ 49 days

Hence,

The correct answer is option (A) 49 days

5 0
2 years ago
Q 8.14: The financial statements of the Imagine Company report net sales of $1,000,000 and accounts receivable of $700,000 and $
sesenic [268]

Answer:

2 times

Explanation:

The computation of accounts receivable turnover is shown below:-

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable

where,

Net credit sales is $1,000,000

And, the Average accounts receivable is

= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2

= ( $700,000 + $300,000) ÷ 2

= $500,000

Accounts receivable turnover = Net sales ÷ Average accounts receivable

= $1,000,000 ÷ $500,000

= 2 times

6 0
3 years ago
Many farmers practice "crop rotation" by planting a field with corn one year and soybeans the next. why might they do this?
lisabon 2012 [21]

The reason that they do this because rotating crops has the capability of keeping the nitrogen from being depleted in the soil as nitrogen fixing bacteria are likely to be found in the nodules of the roots of the soybeans and not on the corn’s roots that makes soybeans the next after the corn is planted first.

8 0
3 years ago
How does panera bread attract customers? why do customers not mind paying more for panera bread's food?
tigry1 [53]
I think it's that their commercials attact people with their food and the famous people using the food to hype it
4 0
3 years ago
Read 2 more answers
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