1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allochka39001 [22]
2 years ago
5

​We can show economic​ inefficiency: A. with points on the production possibilities frontier. B. with points inside and on the p

roduction possibilities frontier. C. with points inside the production possibilities frontier. D. with points on and outside the production possibilities frontier. E. with points outside the production possibilities frontier.
Business
1 answer:
Deffense [45]2 years ago
3 0

Answer:

The correct answer is option C.

Explanation:

The points on the production possibility curve show the efficient utilization of resources. The points below the curve show attainable but inefficient bundles. This is because the points below the curve imply that resources are not fully utilized and there are still some excessive resources left.

The points above the curve show those bundles that are unattainable. This is because these bundles need more resources to be achieved.

You might be interested in
The rule of 70 is a measure of how long it will take for prices to __________ at a given inflation rate.
swat32

Answer:

A. double

Explanation:

Rule 70 is used to calculate the numbers of years it takes for an investment  or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is  inflation  rate. It is calculated by dividing number 70 by inflation rate.

For example;

Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years

And if inflation is 2%, the prices will double in 70/2 = 35 years

8 0
3 years ago
Smith buys and sells equity securities. On December 15, 2021, Smith purchased $542,000 of Jones shares and elected the fair valu
zimovet [89]

Answer:

$46,000

Explanation:

We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .

DATA

Fair value = 588,000

Cost = 542,000

Revaluation gain = Current fair value - Cost

Revaluation gain = 588,000 - 542,000

Revaluation gain = $46,000

The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.

4 0
3 years ago
Kimberly sold equipment that she uses in her business for $50,000. Kimberly bought the equipment two years ago for $60,000 and h
PSYCHO15rus [73]

Answer:

$20,000 ordinary gain

Explanation:

Data provided in the question:

Cash proceeds from Selling of the equipment = $50,000

Purchasing cost of the equipment = $60,000

Depreciation expense = $30,000

Now,

The book value of the equipment

= Purchasing cost of the equipment - Depreciation expense

= $60,000 - $30,000

= $30,000

Since,

the amount of proceeds from sales is higher than the book value of the equipment

Therefore a gain will be recognized

The amount of Gain = proceeds from Selling - book value

= $50,000 - $30,000

= $20,000

Hence,

$20,000 ordinary gain

7 0
3 years ago
Bengal Co. provides the following sales forecast for the next three months: July August September Sales units 5,000 5,700 5,560
nydimaria [60]

Answer:

Total production= 5,840 units

Explanation:

Giving the following information:

Sales in units:

July= 5,000

August= 5,700

September= 5,560

The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. The finished goods inventory on June 30 is 1,250 units.

To determine the production for August, we need to use the following structure:

Production budget:

Sales= 5,700

Desired ending inventory= (5,560*0.25)= 1,390

Beginning inventory= (1,250)

Total production= 5,840 units

7 0
3 years ago
A seller sold a house to a buyer allowing the buyer to take over the loan on a "subject to" basis. After 2 years, the buyer defa
lubasha [3.4K]

Answer:

A. The seller would be primarily liable.

Explanation:

Subject to basis is a form of home buying options in real estate. It is a situation where the buyer takes over existing loan of a seller and make commitment to seller to continue repaying the loan to the lender.

Though the buyer will taken over the loan from the seller and make repayment to the lender, there is no legal obligation on buyer`s part that makes him/her liable to the lender. The seller still remain liable despite the the taking over. So  option A is right while B to D is wrong because it`s only the seller that is primarily liable to the lender.

4 0
3 years ago
Other questions:
  • Joann Hayes is currently working on a project to tackle climate change. During the project, she needs to find different options
    12·1 answer
  • A credit card issuer charges an APR of 15.77%, and its billing cycle is 30 days long. What is its periodic interest rate?
    8·2 answers
  • Which of these actions could constitute a breach of the Civil Rights Act?
    12·1 answer
  • Suppose a consumer is purchasing Coke and pretzels in quantities such that she is achieving consumer equilibrium. Then the price
    10·1 answer
  • "After decades of fabulous growth, the trade show industry is experiencing business decline. A report by the National Trade Show
    12·1 answer
  • Cheryl is watching the weather forecast for an outdoor senior picnic project that she planned to determine whether the picnic wi
    8·1 answer
  • Fiscal policy refers toa.changes in the interest rate.b.changes in the money supply.c.changes in the amount of physical capital
    7·1 answer
  • 1) Suppose you wish to retire 35 years from today. You determined that you will need $250,000 per year after you retire, with th
    11·1 answer
  • Poorer countries have historically been responsible for the bulk of world carbon emissions because of poor technology and enviro
    8·1 answer
  • Period costs are the​ ________. A. product costs that must be paid in the accounting period in which they are incurred. B. sam
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!