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
Murljashka [212]
3 years ago
7

Which of the following concepts cannot be illustrated by the production possibilities frontier? a. efficiency b. trade-offs c. e

quality d. opportunity cost
Business
1 answer:
eduard3 years ago
3 0

Answer:

c. equality 

Explanation:

The production possibility frontier shows the two combinations of goods an economy can produce when all its resocurces are fully employed.

Production is efficient when the economy is producing on the production possibility frontier.

It shows what the amount of one good that has to be given up in order to produce one unit of the other good. Thus, it shows both opportunity cost and trade offs.

I hope my answer helps you.

You might be interested in
For a person who receives social security benefits, what effect, if any , can an increase in other income
leva [86]
Probably if your income have changed. For example, let's say you want to start job instead of receiving benefits from the SSI you have to let the SSA know that you started job and you feeling better or else you might get into trouble if you lie to the government so hope that helps
3 0
3 years ago
Consider the market for hamburgers in an economy where the market equilibrium is characterized by a quantity of hamburgers of 50
BabaBlast [244]

Answer:

a. The opportunity cost of producing the last hamburger equals the marginal benefit of consumption.

2. a. The market price is determined solely by the forces of supply of and demand for a good.

Explanation:

1. Since all the hamburgers are sold at an equilibrium price of $5 and all the hamburgers are sold, that is clear reflection that the opportunity cost that is the benefit foregone in order to produce the last hamburger = the maximum price that the consumer can pay for buying the additional hamburger, that is marginal benefit.

In that case the producer shall always produce the additional hamburger.

Accordingly the outcome in market is  economically efficient.

2. When the price is determined by the forces of supply and demand, that is at a point where the intersection of supply and demand forces takes place, it is the most efficient outcome, as at that price maximum consumers are ready to buy, and also maximum supplies are ready to be done, both are satisfied at their levels.

4 0
4 years ago
Kelly was working as a chef for a restaurant chain, She was promised a salary of $3,000 per month as her gross pay. She began pl
Sauron [17]
Net income. Gross income would be the $3,000 before taxes are deducted. The net income would be the 2452 that is remaining after taxes
6 0
4 years ago
Old South Company purchased investments for $55,000 and plant assets for $147,000 during the current year, during which it also
Gnesinka [82]

Answer:

The cash used by investing activity is $136,000.00 as shown in the workings below.

Explanation:

The cash provided by or used by investing activities can be computed thus:

Plant sold                                      $66,000

Investments                                  ($55,000)

Plant assets                                   (<u>$147,000)</u>

Cash used by investing activities ($136,000)

The cash used by investing activities is $136,000 as shown above.

The outflow of $78000 for the purchase of treasury stock relates to financing.

The inflow of $523000 for new share issue is also a financing activity.

The financing activities are transactions relating to the providers of finance, that is the shareholders and debt-holders

<u />

7 0
3 years ago
To reduce the effects of crowding out caused by an increase in government expenditures, the Federal Reserve could
Alexxandr [17]

Answer:

D) Increase the money supply by buying government securities

Explanation:

When public investment crowds out private investment, it is because the government is making use of all, or most of the supply of loanable funds in the economy. This causes the interest rates to rise, making it more expensive for the private sector to borrow and invest.

The Central Bank can step in and help solve this problem by lowering the interest rate. It can do so by buying government securities. The money used to buy these securities enters the economy, making the money supply grow, including the supply of loanable funds, causing the interest rate to fall.

8 0
3 years ago
Other questions:
  • A(n) _________ is a computer designed to be used by one person at a time, and it does all of its input, output, processing and s
    10·1 answer
  • In​ 2012, the nominal wage rate for unionized carpenters was​ $37.50 and the CPI was 204. Calculate the real wage rate for this
    10·1 answer
  • Companies such as Time Warner have extensive holdings in radio and television stations, cable television companies, book publish
    15·1 answer
  • The space race was a competition between the united states and the soviet union to develop technology to _____.
    6·2 answers
  • You will receive annual payments of $20,000 to be paid at the end of each of the next 4 years. The appropriate discount rate is
    7·1 answer
  • On January 1, 2017, Alexis Company purchased a delivery truck for $60,000. They estimated the useful life of the truck to be 6 y
    8·1 answer
  • Ptarmigan Company produces two products. Product A has a contribution margin of $85.80 and requires 11 machine hours. Product B
    10·1 answer
  • Rockford Corporation, which began business on August 1, sells on terms of 2/10, n/30. Credit terms for its purchases vary with t
    10·1 answer
  • Today is July 15, 2020 and you want to invest in a company’s stock. The current price is $8.00/share. The 52-week high was on Au
    8·1 answer
  • Identify the tasks performed by workers in a Production career. Choose all that apply. cleaning and maintaining equipment and to
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!