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3 years ago

When would a productions possibilities frontier graph be used?

1 answer:

6 0

Answer: A productions possibility frontier is a curve which shows various combinations of set of two goods which can be produced with the given resources and technology where the given resources are fully and efficiently utilised per unit time.

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ppleton Co., based in the United States, has costs from orders of foreign material that are lower than its foreign revenue. All

Julli [10]

Answer:

The correct answer is: be adversely affected by; benefit from.

Explanation:

The first adverse effect of a higher dollar price is the difficulties in increasing North American exports, a situation that can be a drag on the economic recovery. On the other hand, by making imports cheaper, they could take away from the market of what is produced internally.

In addition, this trajectory of the dollar could also hinder the process of normalization of the Federal Reserve's monetary policy, since higher interest rates would be an additional incentive to improve the position of the greenback and further strengthen it.

Secondly, the advance of the dollar contributes to higher prices of raw materials in other currencies, a situation that tends to detract from their demand. Lower revenues from commodity sales make up an unfavorable context for emerging economies, especially in those nations whose export sectors are poorly diversified.

The third effect of the strength of that currency is a source of downward pressure especially for the currencies of emerging nations, which in turn hinders their economic recovery.

4 0

3 years ago

You borrow $8000 to buy a car, at an annual interest rate of 6%. Assume interest is compounded continuously. You make monthly pa

hram777 [196]

Answer:

We should pay $243.3 each month to pay of the loan.

Explanation

The present value of the loan is 8,000, the number of compounding periods are (3*12) =36 because payment is going to be made monthly for 3 years, the future value of the loan is 0 as there will be no lump sum payment at the end of the loan and equal payments each month, the monthly interest rate is 6%/12= 0.5%. We input these 4 values to find the monthly payment.

PV= 8,000

FV=0

N=36

I=0.5

Compute PMT= 243.3

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2 years ago

Suppose that without specialization, Iran produces 4 barrels of oil and 6 bottles of olive oil, and Iraq produces 4 barrels of o

Elza [17]

Answer:

With specialization Iran will be able to consume 1.7 bottles of olive oil.

Explanation:

Iran produces 4 barrels of oil and 6 bottles of olive oil.

Iraq produces 4 barrels of oil and 4 bottles of olive oil.

The opportunity cost of producing a barrel of oil for Iran

= $\frac{6}{4}$

= 1.5

The opportunity cost of producing a barrel of oil for Iraq

= $\frac{4}{4}$

= 1

Iraq has a lower opportunity cost for producing oil so we can say it has a comparative advantage in producing oil.

The opportunity cost of producing a barrel of olive oil for Iran

= $\frac{4}{6}$

= 0.66

The opportunity cost of producing a barrel of olive oil for Iraq

= $\frac{4}{4}$

= 1

Iran has a lower opportunity cost for producing olive oil so we can say it has a comparative advantage in producing it.

The terms of trade with specialization are 4 barrels of oil for 4.3 bottles of olive oil, and that 4 barrels of oil are indeed traded for 4.3 bottles of olive oil.

Without trade, Iran is consuming 4 barrels of oil and 6 bottles of olive oil.

With specialization, Iran will be able to consume

= 6 - 4.3

= 1.7 bottles of olive oil

6 0

2 years ago

For america, the ________ was a great failure of foreign intelligence, a great tactical military success, and a great political

Liula [17]

The Tet offensive was considered to be one of the great debacles of foreign intelligence, wherein it yielded a military success however suffered a great political defeat. In addition, the military operation was considered to be one of the largest military offensive in the course of the Vietnam War.

4 0

3 years ago

What is the historical development of accounting

Vaselesa [24]

Answer:

Accounting history dates back to ancient civilizations in Mesopotamia, Egypt, and Babylon. For example, during the Roman Empire the government had detailed records of their finances. However, modern accounting as a profession has only been around since the early 19th century. The earliest accounting records were found over 7,000 years ago among the ruins of Ancient Mesopotamia. At the time, people relied on accounting to keep a record of crop and herd growth.

Explanation:

4 0

3 years ago