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sweet [91]
3 years ago
5

Which of the following are true about productive efficiency? I. All available resources are employed in production. II. Workers

are well-paid. III. Points on the PPF curve are the only ones that achieve "productive efficiency". IV. The mix of goods produced and their distribution to consumers maximizes customer satisfaction.
Business
1 answer:
dalvyx [7]3 years ago
7 0

Answer:

III. Points on the PPF curve are the only ones that achieve "productive efficiency"

Explanation:

What is true about productive efficiency is that Points on the PPF curve are the only ones that achieve "productive efficiency".

Productive efficiency is an economic term that is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost.

For it to be said that an economy is productively efficient means the economy must be producing on its production possibility frontier

Hence productive efficiency happens when production is reportedly occurring along a production possibility frontier (PPF).

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In the state where Susan lives, drivers whom private insurance companies do not want to insure are placed in a common pool, and
deff fn [24]

Answer: Joint Underwriting Association

Explanation: An association which affords licensed drivers the opportunity to come together and provide coverage or compensation for vehicle owners or insurers is the Joint Underwriting Association. Members of the association are usually composed of drivers who have been unable to obtain insurance the regular or private insurance companies usually due to the risk exposure level of the driver's or car owners. The joint Underwriting Association requires that members pay shares fees and share of pool losses. However, they are usually more affordable than the standard insurance coverage offered by most private insurance companies and thus provides an insurance lifeline to high risk drivers.

3 0
3 years ago
A company had 6,950,000 net income for the year. Is net sales were 14,700,000 for the same period. Calculate its profit margin.
kobusy [5.1K]
0.46 or 46% hope this helps
5 0
3 years ago
A corporation has outstanding $5,000,000 of 9 1/2% 20-year debentures, with a conversion price of $40. If all the debentures wer
Fiesta28 [93]

Answer:

The 125,000 shares of common stock would be issued

Explanation:

For computing how many shares of common stock would be issued, we have to use the formula of common share produced which is shown below:

Common share produced = Par value ÷ Conversion price

where,

Par value is $5,000,000

And, the conversion is $40

Now, apply these values to the above formula

So, the value would be equals to

= $5,000,000 ÷ $40

= 125,000

The time period and rate of debentures is irrelevant, Thus, it is ignored.

Hence, the 125,000 shares of common stock would be issued.

8 0
3 years ago
Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who w
antiseptic1488 [7]

Answer:

Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installation team works every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as long-term liabilities on Sun Smarts's balance sheet.

4 0
2 years ago
"Assuming that PDQ Corporation has annual net sales of $303,000,000 and annual cost of goods sold of $202,000,000, what is the i
kondaur [170]

Answer:

<h2>2</h2>

Explanation:

The inventory turnover ratio is defined as the ratio of the cost of goods sold to the average inventory.

Average Inventory = annual net sales - annual cost of goods sold

Average Inventory  = $303,000,000 - $202,000,000

Average Inventory = $101,000,000

Given cost of goods sold = $202,000,000

Inventory turnover ratio = cost of good sold/average inventory

Inventory turnover ratio = $202,000,000/$101,000,000

Inventory turnover ratio = 202/101

Inventory turnover ratio = 2

<em>Hence the inventory turnover ratio for PDQ Corporation is 2</em>

7 0
3 years ago
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