1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nimfa-mama [501]
4 years ago
8

According to the PPC, as we produce more military goods and our resources remain constant, what will happen to the production of

consumer goods?
Business
1 answer:
nevsk [136]4 years ago
3 0

Answer:

Production of consumer goods will be reduced

Explanation:

A Production possibility curve depicts all the possibilities of production of two goods in an economy wherein to produce an extra unit of one good, some part of production of second good needs to be sacrificed.

If an economy produces only two kinds of goods such as military goods and consumer goods, extra production of any of the two would require a corresponding sacrifice of the other. This points towards opportunity cost.

A typical production possibility curve is concave to the origin depicting opportunity cost.

If an economy decides to produce more of military goods with available resources remaining constant, it can only be achieved by sacrificing on the production of consumer goods.

Thus, production of consumer goods will reduce if more military goods are produced.

You might be interested in
Beginning in the 1940s, first-generation computers used _____.
denis-greek [22]
<span>A trend that started to gain traction in the 1940s as a result of better technological innovation, was that of using vacuum tube technology in the manufacturing of the first generations of computers, due to the apparent efficiency of this innovation at the time.</span>
8 0
3 years ago
Portsmouth Company makes upholstered furniture. Its only variable cost is direct materials. The demand for the company's product
mariarad [96]

Answer:

1.- For sofa it can pay at most 60 dollars per hours

2.- 17.5 per hours

3.- It should. It will create additional gains.

Explanation:

-                                   Recliner         Sofa Love Seat

Sales                                1,400         1,800 1,500

variable                                  800         1,200 1,000

Contribution                          600            600   500

Labor Hours                               8               10       8

Contribution \: per \: hour    75              60   62.5

1.- Contribution per hour 60 dollars for SOFA

it can pay up to this amount.

2.-

contribution per hour - labor cost per hour = net

62.5 - 45 = 17.5 Contribution Margin per hour

3.-

It should hire it. t is generating additional profit.

6 0
3 years ago
Hester operates a hand car wash service and charges customers $10 per car wash. Based on her knowledge of operations, the 100th
kvv77 [185]

Answer: No. She turns away business when the cost of an additional unit exceeds the income from it.

Explanation:

In order to maximize production, the optimal point at which Hester should wash cars is the point where marginal revenue equals marginal cost. Marginal cost should not be above marginal revenue because it would mean that a marginal loss is being made.

At the 101st car, Hester would make a marginal loss of $0.05 because the cost of $10.05 to wash exceeds the revenue of $10.00 that she charges the customer. She should therefore not accept this or additional business because it will lead to her incurring losses.

4 0
3 years ago
Which items are consequences of globalized trade for a developed nation that begins to import more goods and services from less-
Vaselesa [24]

Answer:

Globalization has resulted in great opportunities for businesses from less developed countries to take a hold over the more and much bigger markets from all over the world. Hence, the business over there has the opportunity for better capital flow, human capital, technology, larger export, and low-cost imports, And since they export their products at lower rates, the developed countries import from them more goods and services to save capital.

However,

1. These products lack quality.

2, And they are more prone to defects as well as wear and tear, as a developed country's technology is far superior to those of developing countries. However, now the developing countries are picking up the speed, and coming up with better technology to match that of developed, because of better education facilities, and proper training.

Explanation:

Please check the answer.

5 0
3 years ago
When is a wrecker considered to be an emergency vehicle
RoseWind [281]

I believe the answer is: its emergency lights are flashing

When is emergency lights are flashing, the wrecker would most likely driving toward the area where accidents happen, and they would be used to drag out ruins or the heavy vehicles that collided on the sites. Because of this, we need to provide space for the wrecker to pass if it shows its emergency lights.

4 0
3 years ago
Read 2 more answers
Other questions:
  • What groups are especially hard hit by poverty?
    12·1 answer
  • A player denies an opponent an obvious goal-scoring opportunity within that player's own penalty area by a challenge involving e
    10·1 answer
  • The emergency planning process includes the following steps: (1) Form a collaborative planning team; (2) Understand the situatio
    14·1 answer
  • _____ is important because it helps you create a plan to complete all tasks.
    15·2 answers
  • On May 1, 1972, Mix, CPA, entered into an oral contract with Dell to provide certain accounting services to Dell. The contract w
    6·1 answer
  • When marine life is limited due to the lowest supply of any one of the essential requirements for life, the law of the _________
    14·1 answer
  • Jen is starting a nonprofit store. She plans to sell handmade African scarves and jewelry. Which economic question(s) would Jen
    11·2 answers
  • G morrisey &amp; brown, ltd., of sydney is a merchandising company that is the sole distributor of a product that is increasing
    8·1 answer
  • A rights offer made to existing shareholders with the sole purpose of making it more difficult for another firm to acquire the c
    10·1 answer
  • Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT INPUT 49,200 cages Production time 630
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!