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3 years ago

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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When at work I

marissa [1.9K]

Explanation:

Yes it is always good to have a bigger clear picture of the things or issues you need to address, but along with the bigger view, minute details are also important. Putting minute details in order will allow you to see the clear and real picture of the scenario. It is no doubt good to have a bigger view of things, but small details constitute the bigger picture, so small details are equally rather more important in getting the things rights. For example if you are at work and you are the in-charge at the manufacturing site, you will not only be concerned about the final product but also need to check the raw materials and all other inputs that are being given in the process to get the required product. So each and every detail is important while working in an organization.

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4 years ago

Which service department is most likely to use square feet of floor space occupied as the allocation base to assign its costs to

prisoha [69]

Rent and maintenance expenses are the service department that would most likely to use square feet of floor space occupied as the allocation base to assign its costs to operating departments.

<h3>What is cost allocation?</h3>

Cost allocation is a financial term, that is used to share costs that are common among different departments, services or inventory items.

In other words, cost allocation is the method of assigning costs to cost objects.

Learn more about cost allocation here: brainly.com/question/15681457

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2 years ago

A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For exampl

storchak [24]

Answer: B. regressive taxation

Explanation:

Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.

Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.

6 0

3 years ago

Read 2 more answers

The country of Bienmundo does not trade with any other country. Its GDP is $30 billion. Its government purchases $5 billion wort

vodka [1.7K]

Answer:

The answer is: B) $21 billion and $4 billion, respectively

Explanation:

The formula for calculating gross domestic product (GDP) is:

GDP = C + I + G + (X - M) = $30 billions

where:

C = private consumption
I = investment = $5 billions (private savings) - $1 billion (government deficit = $7 billions in taxes - $5 billions spent - $3 billions transferred) = $4 billions
G = Government expenses = $5 billions
X = exports = 0
M = imports = 0

GDP = C + I + G + (X - M)

$30 billions = C + $4 billions + $5 billions + $0

C = $30 billions - $4 billions - $5 billions = $21 billions

8 0

3 years ago

brown's, a local bakery, is worried about increased costs particularly energy. last year's records can provide a fairly good

Marina86 [1]

Answer:

Increase in the production of energy means that the energy was saved

Labor productivity also increased

Explanation:

Change in energy producton

Previous Year: (1,500x12)/3,000

=18,000/3,000

=6.0 loaves per unit

Current Year: (1500*12)/2,750

=18,000/2,750

=6.55 loaves per unit

The above calculation indicates a positive change in energy production. This means that there was some degree of energy saving.

Change in labor

Previous Year: (1500x12)/350

=18,000/350

= 51.43 loaves/labor hour

This Year: (1500x12)/325

= 18,000/325

= 55.38 loaves/labor hour

This calculation also signifies an increase in labor productivity.

Change in Investment

Previous Year: (1500x12)/15000

=18,000/15,000

= 1.2 loaves/$ investment

This Year : (1500x12)/18000

=18,000/18,000

= 1.0 loaves/$ investment

Investment is lowered which is a positive sign.

4 0

4 years ago