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algol [13]
3 years ago
13

In the typical production possibilities model, a shift of the entire production possibilities curve is caused by a change in

Business
1 answer:
sergeinik [125]3 years ago
8 0

Answer:

the availability of scarce resources needed for production

Explanation:

The production possibilities frontier model - PPF shows how much an economy can produce of two different products typically showing production goods such as machinery and consumption goods as donuts, there is a tradeoff between the products along the curve and any point in which this trade off occur is efficient.  

The only ways to shift the curve outward or inward is by a change on technology that affect both of the goods, by trade, or <u><em>by the availability scarcity of the resources needed to produce. those goods </em></u>

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Suppose the government introduces tax incentives to increase private household saving. What would be the effect on net capital o
Reptile [31]

Answer:

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Explanation:

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6 0
2 years ago
Where do banks get money to lend to borrowers?
Marysya12 [62]

The answer is<u> "depositors".</u>


An individual who is making a deposit with the bank is known as a depositor. The depositor is the moneylender of the cash which will be come back to him/her toward the finish of the store time frame.  

A depositor (you) places cash in a banks vault, at that point the bank putts enthusiasm on it, and can utilize it in the event that it needs to. Up to a specific measure of it remains in the bank on the off chance that you need to come and withdraw.

5 0
3 years ago
Read 2 more answers
Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,0
madam [21]

Answer:

The answer is

For 2018 - 1.5

For 2019 - 1.3

Explanation:

Asset turnover ratio=Net sales/average total assets

For 2018:

Sales - $480,000

Beginning asset - 360,000

Ending asset -360,000

Average total asset:

($280,000 + $360,000)/2

=$320,000

Therefore, asset turnover for 2018 is:

$480,000/$320,000

=1.5

For 2019:

Sales - $513,500

Beginning asset - $360,000

Ending asset - $430,000

Average total asset:

($360,000 + $430,000)/2

=$395,000

Therefore, asset turnover for 2019 is:

$513,500/$395,000

=1.3

5 0
3 years ago
Which of the following statements is true?-direct costs can easily be traced to a cost object; indirect costs cannot be-both dir
Andru [333]

Answer: Statement A

Explanation: Direct cost are those costs which are variable in nature and can be allocated to the total units of output produced, these are easily traceable. Examples - direct material, direct labor and piece rate wages etc.

Indirect costs are those cost which cannot be allocated to the number of units produced on individual basis unlike direct cost these costs can be either fixed or variable in nature. Examples - rent expenses, administrative expenses.

.

From the above explanation we can conclude that statement A is correct.

5 0
3 years ago
Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business
lyudmila [28]

Answer:

A corporation had the following assets and liabilities at the beginning and end of this year.

                                                     Assets             Liabilities

Beginning of the year             $ 76,500             $ 32,796

End of the year                           132,000               53,460

    Details                                                a           b        c       d

1 Beginning of the year Equity    43,704      43,704    43,704     43,704

2 Owner's investment (+)                 -         -           45,000      35,000

3 Dividends (-)                                 -          10,200        -     10,200

4 Net income / loss (+)               34836     45,036     -10164       10,036

5 End of the year Equity          78540      78540      78540      78540

Explanation:

Equity = Assets - Liability

Beginning of the year = 76500 - 32796 = $43,704

End of the year = 132000 - 53460 = 78540

Net income = End of year equity -  (Beginning of the year Equity + Owner's Investment - Dividends)

a) Net income = 5 -  (1 + 2 - 3)

                   = 78540 - (43704  + 0 - 0)

                   = 34,836

b) Dividend of 850 per month = 850 * 12 = 10,200

Net income = 5 -  (1 + 2 - 3)

                   = 78540 - (43704  + 0 - 10200)

                   = 45,036

c) Net Income = 5 -  (1 + 2 - 3)

                       = 78540 - (43704  + 45000 - 0)

                       = -10,164

d) Dividend of 850 per month = 850 * 12 = 10,200

Net Income = 5 -  (1 + 2 - 3)

                     = 78540 - (43704  + 35000 - 10200)

                       = 10,036

Owner's investment increases equity

Dividends reduce equity

Net Income increases equity

6 0
3 years ago
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