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prisoha [69]
3 years ago
12

A point outside the production possibilities curve represents a combination of goods that is

Business
1 answer:
pochemuha3 years ago
4 0

Answer:

A production combination outside of the PPF is unattainable by the economy with the given resources and technology.

This represents the Concept of scarcity in economics.

If the economy wishes to achieve the production point outside the frontier, they will have to enhance the production possibility capacity by introducing new technology or finding new resources.

Explanation:

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Joe received a W-2 from his employer that showed he earned $ 45,000 in wages last year. He received a
Neko [114]

it is b i thinkk

nrfdohyou

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3 years ago
Both consumers and organizational buyers purchase products online but ______. Multiple choice question. only two of the three ki
luda_lava [24]

The answer to this question is, "a much larger percentage of the total dollars sold online are organizational transactions."

Hope this helps!

5 0
3 years ago
Desert Company purchased land to be used as a factory site for $1,250,000. Desert paid $120,000 to tear down two buildings on th
saveliy_v [14]

Answer:

$4,269,950

Explanation:

The Cost of an asset include Purchase Cost and other costs directly incurred to put the asset in the location and condition intended for use by management.

Calculation of Cost of the Building :

Architect’s fees             $46,800

Insurance                         $3,600

liability insurance            $3,900

Excavation                     $15,660

Contractor                $4,200,000

Total                          $4,269,950

Therefore,

The cost of the building that should be recorded by Wilson Co. is $4,269,950

3 0
3 years ago
Construct a decision-making grid that analyzes the potential choices of attending basketball practice and working at an after-sc
lidiya [134]

Answer:

A decision-making grid helps you to analyze what you gain and what you lose whenever you make choices. Refer to the following decision grade that analyzes the potential choices of attending basketball practice and working at an after-school job.

Explanation:

Decision-making grid:

Before constructing a decision-making grid, lets assume that the Mr. A chose to work an after-school job, so the benefits are associated with his choice whereas the opportunity cost represents the choice he could have chose i.e. attending basketball practice

Choice                       Benefits                                      Opportunity Cost

One hour at Job        Afford to pay his tuition fees     Learn a new skill    

Two hours at Job      Afford a gaming console      Able to achieve req.fitness  

Three hours at Job    Afford to buy bike                 Make to the team's bench

Four hours at Job      Afford a good college          Make to the starting lineup

Five Hours at Job      Afford a car              A regular with good performances

8 0
3 years ago
(true or false?) the discount rate can best be described as an opportunity cost.
Lena [83]
The answer is "true" hopefully this helped
6 0
3 years ago
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