All categories

3 years ago

The opportunity cost of obtaining more of one good is shown on the production possibilities frontier as the

Business

1 answer:

Gekata [30.6K]3 years ago

5 0

Answer:

a. amount of the other good that must be given up.

Explanation:

The mix of two goods or services can be accomplished in the frontier of production possibilities when all available resources and technologies are fully efficient and used. This indicates a mix of the two resources to a maximum.

As we know that, the opportunity cost refers to the cost in which the best alternative is chosen among the available ones which can generate a better return so the one goods are considered while another cost is given up.

You might be interested in

The master budget is: a.used for misinformation and coordination. b.broken down into daily budgets. c.typically for a 1-year per

Dennis_Churaev [7]

C! hope this helps i got it right

8 0

3 years ago

Explain how to structure discounts so that they encourage customers to spend money and keep the business profitable. Be sure to

umka21 [38]

If you offer volume discounts, it will encourage customers to buy more than that would have otherwise. For example, if each pair of socks is $5 but you offer a volume discount where customers can get 10 pairs for $30 you are encouraging them to spend more than they normally would.

7 0

3 years ago

A bank reconciliation revealed cash per the bank statement of $1,484, cash per company records of $1,681, bank charges of $11, d

kotegsom [21]

Answer:

Correct cash balance is $ 1,580

Explanation:

Balance as per cash book $ 1,681

Less: Bank charges $ ( 11)

Less: NSF cheques $ ( 90)

Adjusted balance per cash book $ 1,580

Balance per bank statement $ 1,484

Add: Deposits in transit $ 317

Less; Outstanding checks $ ( 221)

Adjusted balance per bank statement $ 1,580

4 0

3 years ago

You’ve just secured a new client in your accounting practice, Peter's Pool Corporation (PPC), a brand new small business special

WINSTONCH [101]

Answer: just give what u know the business is small so it can’t manage

Explanation:

8 0

3 years ago

3. Do you agree with Graeter’s decision to stop franchising?

liberstina [14]

Answer: Yes, I agree with Graeter’s decision to stop franchising?.

Explanation:

Graeter’s decision to stop franchising was simply to maintain the quality of their products.

If I was in his position, I'll also like to maintain our products quality. It is vital to keep the family business while also following the laid down principles by those before me. Hence, I agree with his decision.

5 0

2 years ago