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algol13
3 years ago
10

An economy can produce the following combinations of goods: 50X and 0Y, 40X and 10Y, 30X and 20Y, 20X and 30Y, 10X and 40Y, and

0X and 50Y. The production possibilities frontier (PPF) for the economy is:a. concave downward because the opportunity cost of producing the 10th unit of Y isgreater than the opportunity cost of producing the first unit of Y.b. a straight (downward-sloping) line because the opportunity cost of producing the twogoods is constant.c. concave downward because the opportunity cost of producing the 40th unit of Y is lessthan the opportunity cost of producing the 10th unit of Y.d. a straight (downward-sloping) line because the opportunity cost of producing the 10thunit of X is greater than the opportunity cost of producing the 40th unit of X.e. a straight (downward-sloping) line because the opportunity cost of producing the 30thunit of Y is greater than the opportunity cost of producing the 30th unit of X.
Business
1 answer:
Assoli18 [71]3 years ago
7 0

Answer:

B. The PPF is a straight line because of the opportunity cost of the two goods is constant.

Explanation:

The graphic representation of the PPF is a downward line with slope -1. The trade-off is always the same, the trade-off is always 1, in the problem statement when the economy produces 10 more of the Y product, the economy stops producing 10 of product X. The cost of opportunity of the good X is always 1 of the Y.

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3 0
1 year ago
Why is fr33 p01nts banned
igor_vitrenko [27]

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6 0
3 years ago
Read 2 more answers
Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports
Rudiy27

Answer:

37.00%

Explanation:

The computation of the weighted average contribution margin ratio is shown below:

Particulars                    Sporting Goods Sports Gear Total

Contribution Margin Ratio 30%                    50%  

Sales Mix - Weights         65%                     35%  

Weighted Contribution Margin 19.50% 17.50% 37.00%

We simply multiplied the contribution margin ratio with the sales mix weighted so that the weighted contribution margin ratio could come

7 0
3 years ago
On December 31, 2015, Wintergreen, Inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. Write down the necessa
maria [59]

Answer:

December 31

DR Cash $139,875

DR Discount on Bonds Payable $10,125

CR Bonds Payable $ 150,000

Explanation:

Cash

Because Wintergreen is selling at $93.25 when Par Value is usually at $100, they are selling at a discount.

Cash Received = 150,000 * 93.25/100

= $139,875

Discount on Bonds

= 150,000 - 139,875

= $10,125

8 0
3 years ago
From 7 people comprising of 5 men and 2 women , 4 people are to be selected. If random variale is count of women, what is the fr
Licemer1 [7]

Answer: 10

Explanation:

From the queen, we are informed that from 7 people comprising of 5 men and 2 women , 4 people are to be selected.

To calculate the frequency of 2 women we can. get goes thus:

= 5C2 2C2

= 5! / (5-2)!2!

= 5! /3!2!

= 5 × 4 × 3 × 2 / 3 × 2 × 2

= 10

Therefore, the frequency of 2 women is 10

5 0
2 years ago
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