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slega [8]
3 years ago
5

A firm engaging in efficient​ production, using current​ technology, ________ produce its current level of production with​ ____

____ inputs. A. ​could; fewer B. ​cannot, more C. ​cannot; fewer D. ​cannot; different
Business
1 answer:
insens350 [35]3 years ago
7 0

Answer:

C.

Explanation:

Efficiency is manifested in the proper use of time, and resources for an intended purpose. Meaning, it is doing things right.

Production efficiency is based on a business's ability to produce the highest number of units of a good while using the least amount of resources possible.

Also, is the comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.).

In this example, the firm has already meet the efficient point. It is not possible to produce the same level of production with less resources.

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Per capita GDP is Group of answer choices A dollar measure of the economic growth rate of a country. The value of the factors of
blsea [12.9K]

Per capita GDP is GDP divided by total population.

<h3>What is a Per capita GDP?</h3>

This refers to an economic tool that measures the total output of a country by taking a gross domestic product and divides it by number of people.

Hence, the Per capita GDP is derived by calculating the GDP divided by total population.

Therefore, the Option E is correct.

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5 0
2 years ago
Co
AURORKA [14]

Answer:Introduction

Explanation:

5 0
3 years ago
T Company expects to incur the following per unit costs for 1,000 units of production: Direct materials of 4 pounds per unit at
Vladimir [108]

Answer:

Total overhead =  = $7,500

so here correct option is E. $7,500

Explanation:

given data

production = 1,000 units

direct labor = ¼ hour @ $24 per hour

variable overhead = 75 % of direct labor

fixed overhead = $3,000

to find out

total amount of overhead

solution

we first find Direct labor that is

Direct labor = ¼ × 24

Direct labor = $6

so

Total overhead will be here

Total overhead = Variable overhead + Fixed overhead     .................1

now put here value we get

Total overhead = ($6 ×  75% ) × 1,000 + $3,000

so

Total overhead =  = $7,500

so here correct option is E. $7,500

8 0
3 years ago
Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car Gwen 2
antoniya [11.8K]

Answer:

3. cannibalization

Explanation:

This term refers to the situation were sales or the market share of a product are reduced because another product is introduced by the same company.

5 0
3 years ago
The Federal Open Market Committee promotes price stability and economic growth through management of the money supply oversight
nevsk [136]

Answer:

management of the money supply

Explanation:

The Federal Open Market Committee (FOMC) is made up of seven members of the Board of Governors, the president of the federal reserve bank of New York and four rotating regional federal reserve bank presidents. It is in charge of conducting the Fed's monetary policy, i.e. buying and selling US securities to increase or decrease the money supply.

6 0
3 years ago
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