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
sladkih [1.3K]
3 years ago
11

Penguin Island produces capital goods and consumption goods. Suppose its economy experiences growth. In this case, growth means

that the production of both goods increases by the same percentage. Show this growth in relation to the production possibilities frontier (PPF) by moving each of the individual points accordingly.
Business
1 answer:
Sophie [7]3 years ago
5 0

Answer:

The answer is in the document

Explanation:

Download docx
You might be interested in
In order for the economy to be strong, individuals must?
liq [111]
Provide Labor And Buy Goods 
4 0
3 years ago
A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even
exis [7]
Hiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
5 0
3 years ago
The acronym now, when used by financial institutions, stands for ________ and is a type of interest-bearing checking account.
ololo11 [35]

The answer is negotiable order of withdrawal or short for the acronym NOW. The acronym NOW, when it is used in terms of financial institutions, in stands for Negotiable Order of Withdrawal, it is a type of interest-grossing checking account wherein a patron or customer is allowed to create drafts against cash held on deposit or in short words, the owner of the account can write an unlimited amount of checks for drafts or to be used.

5 0
3 years ago
39. You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%?
ivann1987 [24]

Answer:

PV= $1,311.17

Explanation:

Giving the following information:

Future Value (FV)= $5,000

Number of periods (n)= 25 years

Interest rate (i)= 5.5% compounded annually

T<u>o calculate the present value (PV), we need to use the following formula:</u>

<u></u>

PV= FV / (1+i)^n

PV= 5,000 / 1.055^25

PV= $1,311.17

6 0
3 years ago
The term ___________________ is used to describe the common pattern whereby each marginal unit of a consumed good provides less
Phantasy [73]

Answer:

diminishing marginal utility.

Explanation:

The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

<em>For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility. </em>

3 0
3 years ago
Other questions:
  • Masterson, Inc., has 4.1 million shares of common stock outstanding. The current share price is $84, and the book value per shar
    13·1 answer
  • What is an advantage of radio advertising over magazine ads?
    6·1 answer
  • The internet corporation for assigned names and numbers (icann) uses companies called _____ to handle the business of registerin
    5·1 answer
  • 1. Imagine you are a mid-level manager for a major international oil company. You have been asked whether an investment in oil e
    13·1 answer
  • Please help for my career class please
    8·2 answers
  • Luke and Mia are selling their home. They listed their house three months ago at an extremely high selling price, a price they r
    13·1 answer
  • A rapidly growing small firm does not have access to sufficient external financing to accommodate its planned growth. Discuss wh
    6·1 answer
  • A teenager arrives by private car. He is alert and ambulatory, but his shirt and pants are covered with blood. He and his hyster
    7·1 answer
  • In 2021, management discovered that Dietlikon Production had debited expense for the full cost of an asset purchased on January
    7·1 answer
  • The physical units method of joint cost allocation allocates costs based on a.the estimated selling price of the various finishe
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!