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4 years ago

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

Business

1 answer:

telo118 [61]4 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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Fine & Funky is a new e-commerce website that sells home decorating items and offers online decorating services. It wants

Veronika [31]

Answer: C. Favorable endorsements from customers' peers

Explanation: Fine and funky's objective to build trust and loyalty among its target group (women aged 35-55 years) will only be achieved within it's target group. Hence, getting a favourable endorsement from her customers' peers will help her achieve this.

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3 years ago

TVs and VCRs are: A. needs B. wants C. resources D. markets

Yanka [14]

Answer:

I believe I is B-wants

Explanation:

7 0

3 years ago

Read 2 more answers

Consider a country that is operating under a system of flexible exchange rates. If the central bank in this country imposes an e

UNO [17]

Answer:

i a depreciation of its currency;

Explanation:

A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.

an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.

If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand. as a result, the value of money would fall. this is known as depreciation

3 0

3 years ago

TB MC Qu. 7-77 Corbel Corporation has two divisions: Division A and ... Corbel Corporation has two divisions: Division A and Div

irina1246 [14]

Answer:

Corbel Corporation's common fixed cost is $41,650

Explanation:

Division A contribution margin $47,700

Division B contribution Margin $80,850 $128,550

($231,000 * 35%)

Less: Traceable fixed cost $59,700

Operating Income $27,200 ($86,900)

Common fixed cost $41,650

3 0

4 years ago

Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor

frez [133]

Answer and Explanation:

Labor Productivity in Units per hour

Labor Hours Productivity(In units) = Total Output / Input hours

For Deluxe Cars = 5,000 units / 21,250 hours = 0.24 units per hour (approx)

For Limited Cars = 6,250 units / 29,950 hours = 0.21 units per hour (approx)

Labor Productivity in dollars

Labor Hours Productivity(In dollars) = Total Output in dollar / (Input hours x rates)

For Deluxe Cars = (5,000 units x $8,500) / (21,250 hours x $13) = $42,500,000 / $276,250 = $153.84 per unit

For Limited Cars = (6,250 units x $10,100) / (29,950 hours x $15) = $63,125,000 / $499,250 = $126.44 per unit

7 0

3 years ago