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devlian [24]
3 years ago
11

What are the implications of this idea for the shape of the production possibilities​ frontier?

Business
1 answer:
Grace [21]3 years ago
5 0

Answer:B. The production possibilities frontier will be bowed outwards

Explanation: Production possibility frontier (PPF) is a term used in economics to show how possible it is to combine the production of different products puting the availability of resources, technologies, and other factors which can affect it.

Production possibility frontier is used mainly by Economist to show the impact of different concepts like SCARCITY, OPPORTUNITY COSTS,etc

Once the production of a given goods leads to the reduction in production of another,the PPF will be bowed outwards.

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1. What does a financial coach do?
finlep [7]

A financial coach is someone that helps their clients with the basics of money management. They help their clients develop secure, healthy money habits that will last. To become a financial cost, one would need to have worked directly with clients and completely understand their needs, know how to address their concerns, and recommend plans to them in a way that makes them feel comfortable. They must work well with numbers, and have good math skills.

4 0
3 years ago
Suppose the current level of output is 5000. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, re
Tamiku [17]

Answer:

5575

Explanation:

The computation is shown below;

<u>Factor      Elasticity          Increase        Effective Increase </u>

                      A                        B      A × B

Capital      0.3                                 10%      3.00%

Labor        0.7                                  5%       3.50%

Increase due to Productivity                      5.00%

Total Increase in Output                             11.50%

(3% + 3.5% + 5%)  

Original Output                                              5000

Increase in Output (5000 × 11.5%)                 575

Increase Output (5000 + 575)                      5575

3 0
3 years ago
4. You are considering adding a microbrewery onto one of your firm's existing restaurants. This will entail an increase in inven
IrinaK [193]

Answer:

$6400

Explanation:

Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is considering that it shows whether or not the current assets can be used to settle the current obligations or liabilities of the company adequately.

The change in property, plant, and equipment of $48,000 is not an element of working capital, Hence change in working capital

= $8700 - $2300

= $6400

5 0
3 years ago
Which of the following is not a form of business combination?: (A) Acquisition. (B) S Corporation. (C) Conglomerate. (D) Merger.
diamong [38]

Answer:

<h2>b.corporation is answer </h2>
8 0
3 years ago
The cost to manufacture one unit of Rinker Audio Products' bestselling hearing aid, the Magnifier, is $87.50. The CFO of the com
padilas [110]

Answer:

d. economies of scale

Explanation:

Based on the information provided within the question it can be said that this concept is known as an economy of scale. Like mentioned in the question this concept states that as a company scales their operation, the cost of each input unit decreases as their output or production increases, Thus granting the company a cost advantage. As is happening in this scenario.

4 0
3 years ago
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