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Aloiza [94]
3 years ago
5

Suppose Argentina produces only cars and trucks. The resources that are used in the production of these two goods are not specia

lized—that is, the same set of resources is equally useful in producing both trucks and cars.
The shape of Argentina's production possibilities frontier (PPF) should reflect the fact that as Argentina produces more trucks and fewer cars, the opportunity cost of producing each additional truck....? (increase, decrease, remain constant )

The following graphs show two possible PPFs for Argentina's economy: a straight-line PPF ( ) and a bowed-out PPF ( ).
Based on the previous description, the trade-off Argentina faces between producing trucks and cars is best represented by ....?( graph 1, or graph 2 )
Business
1 answer:
Vadim26 [7]3 years ago
4 0
The best and the most correct answer among the choices provided by the question is the second choice. The production of trucks and cars is best represented by the second graph. I hope my answer has come to your help. God bless and have a nice day ahead!
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2 years ago
Novak’s Market recorded the following events involving a recent purchase of inventory: Received goods for $112000, terms 2/11, n
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Answer:

Option (C) is correct

Explanation:

The payment is made during the discount period of 11 days so the 2% discount rate would be applicable.

Goods purchased =   $112,000

Goods returned = $2,200

Discount =   (Goods purchased - goods returned) × 2%

               = ($112,000 - $2,200) × 2%

               = $2,196

Net purchase = Goods purchased - returned - Discount

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                       = $107,604

Total inventory cost = Net purchase + Freight cost

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                                 = $108,004

Therefore, company’s inventory increased by $108,004.

5 0
2 years ago
Your coworker Ginny is really concerned about a project that he has just been assigned. He is in charge of analyzing and determi
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Answer:

The answers are:

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Explanation:

A demand curve is a graph showing the relationship between the price of a product, e.g. TV, on the y axis, and the quantity demanded for that product at a certain price (on the x axis). It models the price-quantity demanded for a particular market.

A demand schedule illustrates the same price-quantity demanded relationship for a product as a demand curve, only that it is presented as a table chart instead of a graphic curve.

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3 years ago
Daniel watched the 95-year-old actor Kirk Douglas present the Oscar for Best Supporting Actress in 2011. Daniel became frustrate
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daniel should have focused on the message and not on the way it was delivered.

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If Daniel had focused more on getting the message that was being passed by Kirk Douglas, he would have enjoyed the show more.

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3 years ago
The derived demand for an input will rise when it is highly productive in ______. Multiple select question. increasing the costs
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Answer:

Tt is highly productive in reducing the costs to produce a product.

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A product has derived demand If its demand is dependent on the demand for other products.

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