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
kodGreya [7K]
3 years ago
10

Increasing marginal opportunity cost means that the production possibility curve is: bowed out so that for every additional unit

of one good given up, you get more and more units of the other good. bowed out so that for every additional unit of a good given up, you get fewer and fewer units of the other good. bowed in so that for every additional unit of one good given up, you get more and more units of the other good. bowed in so that for every additional unit of one good given up, you get fewer and fewer units of the other good.

Business
1 answer:
zimovet [89]3 years ago
4 0

Answer: BOWED OUT SO THAT FOR EVERY ADDITIONAL UNIT OF A GOOD GIVEN UP, YOU GET FEWER AND FEWER UNITS OF THE OTHER GOOD

Explanation:

The increasing marginal opportunity cost theory speaks of the additional cost that a company incurs for producing an additional good. At first more costs such as more raw materials and labour lead to more goods but it gets to a point where additional costs lead to less goods due to factors like redundancy i.e too many people doing the same thing.

The production possibility curve therefore measures the additional cost of production using the same resources by piting 2 goods against each other and checking what happens as one is continually given up for the other.

It is for this reason that it is bowed out because it shows that the more you give up one, the less of the other you receive.

It doesn't mean you don't gain the other good, you do but just less of it.

I have attached an example for you.

From the graph you see that giving up 25 units of food (100 -75) at point C gave 100 units of clothing.

But when a further 25 units of food were given up at point D, only 50 additional units of clothing was acquired.

This shows that you gain fewer of one good as you give up the other.

You might be interested in
Eve Cosmetics Company consists of two departments, Blending and Filling. The Filling Department received 50,000 ounces from the
elena55 [62]

Answer:

The number of ounces started and completed during the period is <u>42,000 ounces</u>.

Explanation:

The number of ounces started and completed during the period can be computed by simply deducting the beginning work in process from the number of ounces completed.

Since we have the following from the question:

Number of ounces completed by Filling = 46,000 ounces

Beginning work in process = 4,000 ounces

Therefore, we have:

Number of ounces started and completed = Number of ounces completed by Filling - Beginning work in process = 46,000 ounces - 4,000 ounces = 42,000 ounces

Therefore, the number of ounces started and completed during the period is <u>42,000 ounces</u>.

5 0
3 years ago
One of your employees mentions to you that there is an active grapevine in your organization. Which of the following assumptions
astraxan [27]

Answer:

c. develop a relationship with the person at the center of the grapevine so you can quickly spread and receive information throughout the organization

d. paying attention to what is said on the grapevine will give you a good serve of what employees are really thinking and feeling about the company.

Explanation:

  • Grape wine is a rumor and informal channel of communication that spread throughout the organization in all directions irrespective of the authorities and develops due to various reasons.
  • In order to manage this grape wine within the organization, the leaders may need o to defend the boundaries of grapevines and avoid the spread of rumors.
7 0
3 years ago
Christie, a marketing executive who was born in 1955, advocated that her company focus on a print campaign for its new line of l
Gemiola [76]

Answer:

The correct answer is the option C: Baby Boomer.

Explanation:

To begin with, the term<em> ''baby boomer''</em> refers to the demographic cohort regarding the generation of people born in the period called ''baby boom'', that occured in some  was after the Second World War and comprehends the years between 1946 until 1964. Moreover, the main characteristic of this period was that around 76 million babies were born in America and that an excessive consumerism began to spread.

To continue, the action that Christie advocates is very common to a person of the baby boom generation due to the fact that those people born and grew in times that there was no internet and therefore they tend to give no importance to the online ads and stuff like that.

8 0
3 years ago
A federal agency that engages primarily in commercial activities, produces revenues, and requires greater flexibility than most
jeka57 [31]

Answer:

government corporation

Explanation:

A government corporation is a government-owned firm that operates with the same integrity as a private company, except that the owner is government. Every government company is chartered by legislative act. Government corporations are typically created in markets where there is a natural monopoly, they are significant to the country's infrastructure, natural resources, and general public interest.

4 0
3 years ago
How to make a promotional mix for a company
kondor19780726 [428]
Establishing the promotional mix that's right for your company involves seven steps:
Determine Your Target Market. ...

Determine Your Objectives. ...

Design Your Message. ...

Select Your Promotional Channels. ...

Determine Your Budget. ...

Determine Your Promotional Mix. ...

Measure the Results of the implemented program and Adjust as needed.
3 0
3 years ago
Other questions:
  • The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $145 per share for months, and you believ
    13·1 answer
  • Wildhorse Corp. has total current assets of $12,152,000, current liabilities of $5,849,000, and a quick ratio of 0.94. How much
    6·1 answer
  • An investor can trade Foreign Currency Options on all of the following EXCEPT:
    15·1 answer
  • An estate provides a perpetuity with payments of X at the end of each year. Seth, Susan, and Lori share the perpetuity such that
    14·1 answer
  • Orion company sells several products. information of average revenue and costs is as follows: selling price per unit $23 variabl
    8·1 answer
  • Suppose the following information was taken from the 2014 financial statements of FedEx Corporation, a major global transportati
    7·2 answers
  • Cortina Company accumulates the following adjustment data at December 31. Indicate (1) the type of adjustment (prepaid expense,
    5·1 answer
  • Bell Inc. took a physical inventory at the end of the year and determined that $840,000 of goods were on hand. In Addition, the
    10·1 answer
  • Agent Don plans to conduct a marketing/sales event at the local public library on October 28 at 2pm. He received permission to p
    12·1 answer
  • A company is considering two mutually exclusive projects. The firm has a 12% cost of capital , has estimated the cash flows as b
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!