Answer:
C
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
If the PPF is a straight line, it means there is a constant opportunity cost no matter the point one is on the curve
Answer:
Autonomous Vehicles (AV)
Connectivity
Electrification
Shared Mobility
Artificial Intelligence (AI)
Big Data & Data Analytics
Human-Machine Interface
Blockchain
Explanation:
<span>A bonded warehouse, or bond, is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty. It may be managed by the state or by private enterprise.
Wikipedia Definition</span>
If we will increase the production of butter from 1 to 2, then the Guns production will decreases from 36 to 26. Thus, marginal opportunity cost of second unit of butter is 10 guns.
<h3>What is marginal opportunity cost?</h3>
The marginal opportunity cost refers to the measurement of the amount of a good that has to be sacrificed for each additional unit of the other good.
It is the cost incurred during the production of a unit or item.
Formula of Marginal opportunity cost =△gain of output △loss of output.
Learn more about the marginal opportunity cost here:-
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Answer:
Explanation initial public offering is a company's first time offering it's stock for sale to the public and is generally coincides with listening it shares on a public Stock Exchange
