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grigory [225]
3 years ago
9

Because of trade, a country may find its institutional production possibilities frontier shifting inward (to the left).

Business
1 answer:
lakkis [162]3 years ago
3 0

Answer:

Because of trade, country may consume outside its institutional production possibilities frontier.

Explanation:

Production possibility frontier plays a crucial role in economics. It is the point at which a country’s economy is most efficiently producing its various goods and services and, therefore, allocating its resources in the best way possible.

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In bramble, Inc., the Assembly Department started 30,000 units and completed 35,000 units. If beginning work in process was 15,0
natka813 [3]

Answer:

Option (d) is correct.

Explanation:

Given that,

Beginning work in process = 15,000 units

Assembly Department started = 30,000 units

Units completed = 35,000 units

Ending work in process:

= Beginning work in process inventory + Additions during the year -  Units completed and transferred out

= 15,000 + 30,000 - 35,000

= 10,000 units

Therefore, the ending work in process is 10,000 units.

8 0
3 years ago
According to entry-level analysis project (elap) statistics, what percentage of therapists are leaving the profession in the fir
Soloha48 [4]
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6 0
4 years ago
Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour up to 1,200 hours per
serg [7]

Answer:

$16,440

Explanation:

If Bruce is able to work 600 hours per year, his salary will be $3,600 (= $6 x 600), but he will lose $2,160 (= $3,600 x 60%) of welfare stipend.

His total welfare stipend is $15,000 if he is not able to work during the year.

Bruce's total income = $15,000 + $3,600 - $2,160 = $16,440

4 0
3 years ago
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows
Alexxandr [17]

Answer: should be b

Explanation:

4 0
3 years ago
What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?
Julli [10]

Answer:

Demand drops to zero

Explanation:

Infinite elasticity of demand is also called perfect elasticity of demand.

In this scenario the demand for a product is attached to it's price.

There is an infinite change in the quantity demanded as a result of change in price.

Graphically it is a horizontal demand curve as represented in the attached

Even a small increase in price will cause demand to fall to zero.

Examples are luxury goods such as high end cars and expensive jewelry.

4 0
3 years ago
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