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Mazyrski [523]
3 years ago
7

The reason the production possibilities curve is bowed outward (concave) is

Business
1 answer:
telo118 [61]3 years ago
7 0

Answer:

d. the law of increasing additional cost.

Explanation:

Production possibility curve is a graphical representation comparing combination of two products that can be produced with a given level of resources.

The production possibility curve curves outward because of the law of increasing additional cost that states: that once the factors of production (land, capita, and labor) are being used at maximum, any additional production will cost more.

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Ge is disrupting itself by using reverse innovation to create low-cost health care diagnostic products in emerging markets. all
umka2103 [35]

ge is utilizing reverse innovation in order to protect itself from rivals.

<h3>What is  reverse innovation?</h3>

Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.

Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.

The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.

To know more about  reverse innovation follow the link:

brainly.com/question/14085977

#SPJ4

8 0
1 year ago
You got asked to analyze a 5-year project for your firm. The project produces an annual revenue of $28,000, but requires an annu
irina [24]

Answer:

The interest rate is i = 53.82%

Explanation:

Initail cost = 18.000

Salvage value = 0

Life = 5 years

Annual revenue = 28000

Annual cost = 6000

Net revenue = 28000 - 6000 = 22000

Tax rate = 40%

Depreciation per year = (Purchase value - Salvage value ) / life = 18000 / 5 = 3600

Taxable income = Net cash flow - Depreciation = 22000 - 3600 = 18400

Tax = Tax rate * Taxable income = 0.4 * 18400 = 7360

ATCF = Taxable income - Tax + Depreciation = 18400 - 7360 + 3600 = 10960

Let IRR be i%, then,

-18000 + 10960 * (P/A, i%, 5) = 0

(P/A, i%, 5) = 18000 / 10960 = 1.642336

Using trail and error method

When i = 50% , value of (P/A, i%, 5) = 1.736626

When i = 51% , value of (P/A, i%, 5) = 1.711012

When i = 53% , value of (P/A, i%, 5) = 1.661749

When i = 54% , value of (P/A, i%, 5) = 1.638054

Using interpolation

i = 53% + (1.661749 - 1.642336) / (1.661749 - 1.638054) *(54% - 53%)

i = 53% + 0.819%

i = 53.82%

7 0
3 years ago
When bonds are sold at a premium and the effective interest method is used, at each subsequent interest payment date, the cash p
lorasvet [3.4K]

Answer:

C.Greater than the effective interest.

Explanation:

<u>example</u>

face value 1,000,000

issued at 1,100,000

premium of 100,000

the bond rate is 8%

and the effective rate is 6%

1,100,000 x 6%/2 = 33,000 interest expense

cash proceeds 1,000,000 x 8%/2 = 40,000 cash

amortization on premium 40,000 - 33,000 = 7,000

The cash payment (40,000) are greater than the effective interest (33,000)

If that wouldn't be the case, he premium won't depreciate

4 0
3 years ago
Just Like You by: NF
mihalych1998 [28]

Answer:

I love the message of this song. Thank you for sharing!

7 0
3 years ago
Consumers use products to buy goods and see. Producers use money
zmey [24]
Consumers buy products from the producers because they produced it. if that is the question that you are asking. 
3 0
3 years ago
Read 2 more answers
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