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coldgirl [10]
3 years ago
9

Why are we forced to make choices in day-to-day life?

Business
1 answer:
OLga [1]3 years ago
6 0

Answer:

Because of resources are limited and we must decide

Explanation:

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Robots
inysia [295]

Based on the PPC given, the points given would represent the following:

  • Point B = Efficient use of resources.
  • Point X = Impossible use of resources.
  • Point A = Underutilized resources.

<h3>What do points on the PPC represent/</h3>

Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.

Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.

Options to describe the points:

  • Efficient use of resources
  • Under utilized resources
  • Economic growth
  • Trade-off
  • Opportunity cost

Find out more on the PPC at brainly.com/question/2617319.

#SPJ1

3 0
1 year ago
Business employees calculate that the expense to produce an additional cell phone is $50. Monetarily amount represents a _____
Y_Kistochka [10]

C. Marginal Cost

Marginal cost is the <em>additional </em>cost to produce each unit of a good.

6 0
3 years ago
The four-firm concentration ratio in this industry is ________. Group of answer choices 21% 79% 94% 58% 41%
Ugo [173]

Answer:

I'm sorry I looked it up but one site said 41 and another said 79

6 0
2 years ago
Assume that a certain business has $1,000 worth inventory, $1,000 cash in bank, and $10,000 receivable from customers in three m
Tresset [83]

Answer:

A. $5,000

Explanation:

Plato

8 0
2 years ago
Under the percentage of completion method, if the actual costs are ____ the estimated costs, the taxpayer must pay interest on t
Sphinxa [80]

Answer:

The correct answer is Less than the estimated costs.

Explanation:

The percentage method completed is an accounting practice used to recognize income in long-term contracts.

When long-term projects (greater than one year) are undertaken, the costs and revenues associated with it are incurred throughout its life.

This accounting method, as its name suggests, allows the company to account for part of the associated income and expenses incurred as the project phases are completed. Thus, the percentage complete method is understood as a method of recognition of recognition of income and expenses that is applied continuously without having to defer income and expenses at the end of the project.

8 0
3 years ago
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