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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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Rock Bottom Gold Company recently repurchased 7 million shares of its common stock for $47 per share. The intent of the repurcha
Eddi Din [679]

Answer:

a. Assets = Liabilities  + Stockholder's Equity

Assets = Cash (7,000,000*$47) = -$32,90,00,000

b. Liabilities = No Effect

c. Stockholder's Equity = -$32,90,00,000

5 0
2 years ago
In picking the smoothing constant for an exponential smoothing model, we should look for a value that______________.
kicyunya [14]

Answer:

Answer is the one which produces values which compare well with actual values based on a standard measure of error.

Explanation:

Exponential smoothing is one means of preparing short-term sales forecasts on a routine basis. To use exponential smoothing, however, one must decide the proper values for the smoothing constants in the forecasting model. One method for selecting the smoothing constants involves conducting a grid search to evaluate a wide range of possible values.

Exponential smoothing forecasting methods use constants that assign weights to current demand and previous forecasts to arrive at new forecasts.   Their values influence the responsiveness of forecasts to actual demand and hence influence forecast error. Considerable effort has focused on finding the appropriate values to use.

One approach is to use smoothing constants that minimize some function of forecast error. Thus, in order to select the right constants for forecasting, different values are tried out on past time series, and the ones that minimize an error function like Mean Absolute    Deviation (MAD) or Mean Squared Error (MSE) are the ones used for forecasting

3 0
3 years ago
An attractive african american woman is conducting random interviews on campus to gather data on students' opinions on the rever
saw5 [17]
Interviewer bias is probably affecting the data collection process; since the interviewer is "attractive" and African American, the students are probably only thinking about her and not other African Americans.
8 0
3 years ago
At ICS Inc., a company that deals in software products, employees regularly complain about the lack of clarity regarding the tas
nekit [7.7K]

Answer:

<u>E) recruitment and selection</u>

<u>Explanation:</u>

The <u>human resource department </u>of an organization is responsible for assigning tax to employees after recruitment based on their abilities.

Hence, the human resource team at ICS Inc needs to improve on filling the gaps in the organization or selecting the best employee for a particular job. This role involves providing clarity regarding the tasks employees are required to perform.

8 0
3 years ago
Tate Company purchased equipment on November 1, 2015 and gave a 3-month, 9% note with a face value of $20,000. The December 31,
loris [4]

Answer:

Dr Interest expense 300

Cr Interest payable 300

Explanation:

Preparation of December 31, 2015 adjusting entry for Tate Company

Since Tate Company had purchased the equipment on November 1, 2015 in which the company gave a 3-month with 9% note and a face value of $20,000, this means we have to record the transaction by Debiting Interest expense with 300 and Crediting Interest payable with the same amount . The amount of 300 is calculated as 2/12×9%×20,000

Therefore Tmthe December 31, 2015 adjusting entry will be :

Dr Interest expense 300

Cr Interest payable 300

5 0
3 years ago
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