Points lying inside the production possibilities curve are attainable but reflect less total output than can be produced.
Production is the process of combining various tangible and intangible inputs to produce something for consumption. It is the act of creating an output, goods, or services that are of value and contribute to an individual's benefit.
Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production volume is the production volume of corn.
Learn more about production here:brainly.com/question/16755022
#SPJ4
Answer:
$5
Explanation:
Equilibrium is when the quantity demanded equals the quantity supplied.
At $5, quantity demanded = quantity supplied = 6
At the other prices, quantity demanded isn't equal to quantity supplied.
I hope my answer helps you
<span>The Fair Debt Collection Practices Act</span>
Answer: $20040
Explanation:
The amount of accumulated depreciation at December 31, 2013, will be calculated thus:
Cost = $51000 + $2100 + $6000 = $59100
Less: Salvage value = $9000
Depreciable cost = $50100
Annual depreciation will then be:
= $50100/5
= $10020
Accumulated depreciation at Dec 31,2013 will then be:
= $10020 × 2
= $20040
Answer:
Following is given the plan as required.
I hope it will help you!
Explanation:
