All categories

3 years ago

Which of the following give the bowed-outward shape to the PPF?Choose one or more:

Business

1 answer:

charle [14.2K]3 years ago

6 0

Answer:

B.the law of increasing opportunity cost

Explanation:

PPF is graphical representation of product combinations that an economy can produce, given resources & technology

It is downward sloping because - given same resources & technology, one good 's production can be increased by decreasing production of other good.

Resources are assumed to be unequally efficient in production of resources. Shifting production from one good to other occurs with increasing Marginal Opportunity Cost (amount of good sacrifised to gain an additional unit of the other good.

This makes slope of PPC i,e MOC to rise & makes it concave i.e outward bending

You might be interested in

Machinery is purchased on July 1 of the current fiscal year for $240,000. It is expected to have a useful life of four years, or

xenn [34]

Answer:

a. $28,125

b. $60,000

c. $14,400

Explanation:

The computation of the depreciation expense for the last six months is shown below:

a) Straight-line method:

= (Purchase value of machinery - residual value) ÷ (useful life)

= ($240,000 - $15,000) ÷ (4 years)

= ($225,000) ÷ (4 years)

= $56,250

In this method, the depreciation is same for all the remaining useful life

So, for 6 months it would be

= $56,250 × 6 months ÷ 12 months

= $28,125

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $240,000 so the depreciation is $60,000 after applying the 50% depreciation rate and 6 months

(c) Units-of-production method:

= (Purchase value of machinery - residual value) ÷ (estimated operating hours)

= ($240,000 - $15,000) ÷ (25,000 operating hours)

= ($225,000) ÷ (25,000 operating hours)

= $9 per hour

Now for the current year, it would be

= Estimated operating hours in the current year × depreciation per hour

= 1,600 hours × $9

= $14,400

8 0

4 years ago

Identify and explain two reasons why effective communication within a business is important to the management

steposvetlana [31]

Answer:

Why effective communication within a business is important to the management?

In order to attain your objectives, it is critical to communicate well during negotiations. Within the business, communication is also crucial. Effective communication can aid in the development of a positive working connection between you and your employees, which can enhance morale and productivity.

Explanation:

It Builds and Maintains Relationships: Positive interactions with people help to form and maintain relationships. Communication will be crucial in this process; without it, it would be difficult to build and maintain fruitful partnerships. Communication is an important component of any relationship. Two people cannot be friends until they begin to communicate with one another. A supervisor-underling relationship is similar, in that the boss should be able to explain how to do his job to a new office worker.

It Facilitates Innovation: Collaboration and innovation inside the unit or organisation can be improved when employees feel free to express themselves. Employees, for example, will be able to share their ideas on how to improve a company process. Furthermore, if employees are unable to communicate their ideas owing to a lack of communication skills, the idea is unlikely to be fully implemented.

3 0

2 years ago

Senator Smith says that in order to help poor countries develop, the United States should:

Anuta_ua [19.1K]

Answer:

These two are very good ideas to reduce poverty in poor countries:

2) reduce or eliminate subsidies to U.S. producers when poor countries have a comparative advantage producing those goods U.S. subsidizes.

3) Work to improve agriculture in poor countries.

Explanation:

Numeral 2 is a good idea because it would help poor countries produce those goods they have a comparative advantage in, and export some of the production to other countries, including the U.S., bringing much needed income to the population.

Numeral 3 is also a very good idea to implement, because poor countries usually have inefficient agriculture, in some cases, so inefficient that a part of the population has poor nutritrion. Improving agriculture in poor countries helps feed the population, and also export the excess produce abroad.

7 0

3 years ago

____ investors consider investments in new companies, collectibles, and limited real estate partnerships.

SpyIntel [72]

Answer:

These are the options for the question:

a. Ultraconservative

b. Conservative

c. Moderate

d. Aggressive

And this is the correct answer:

c. Moderate

Explanation:

The type of investor described in the question can be defined as "moderate". On one hand, the this type of investor pools money to new companies, which is likely a risky action, because many new companies do not survive for long.

On the other hand, this type of investor invests in collectibles, and real estate partnerships, which are safer instruments, because they provide limited liability.

Therefore, an investor that takes decisions that are risky but also decisions that are safe can be classified as a moderate.

7 0

3 years ago

Tristar Production Company began operations on September 1 2021. Listed below are a number of transactions that occurred during

Lelu [443]

Answer:

....

Explanation:...

7 0

3 years ago