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Semenov [28]
3 years ago
5

Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili

ties frontier?
Business
1 answer:
german3 years ago
6 0

Explanation:

The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.

Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.

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Three possibilities are equally likely and have payoffs of $3, $6, and $9. the expected value is:_________
4vir4ik [10]

When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.

<u>What is Expected Value? </u>

Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.

Hence, in the above questions, there are equally likely possibilities.

So, in this case, the probability for each possibility is 1/3.

We can calculate the expected value (EV) as:

EV=((1/3) x $3) +  ((1/3) x $6) + ((1/3) x $9)

   =1 + 2 + 3

   =$6

Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.

You can learn more about expected value at brainly.com/question/24305645

#SPJ4

4 0
2 years ago
If you are trying to reduce turnover, what questions would you ask terminating employees? List at least five.
Zigmanuir [339]

Answer:

I would the following questions

Explanation:

1.<u> </u><u>Did the management appreciate your efforts in helping the company  achieve its goals?</u>

Employees will want to work where they feel accepted. If there work is not recognized, they feel that they don't belong in that company.

2. <u>Did your superiors respect you as much as you respected them?</u>

Respect is two-way traffic. If employees are ill-treated, they fell disrespected.  Working in an environment with no respect becomes a challenge to may workers.

3.  <u>Were your skills fully utilized while working for the company?</u>

Many employees appreciate challenges. A feeling of under-utilization will lead many to seek opportunities where they can grow.

4. <u>Does the company offer each employee an equal opportunity to grow and develop their career?</u>

Discrimination kills morale in employees. If perceptions of favoritism exist in a company, the unlucky workers will want to leave.

5.  <u>According to you, are the decision made by the top management in sync with the market trends?</u>

Employees want to work in companies they believe have a bright future. They want their company to be competitive and a leader in the market. Many will quit if they believe the company is heading in the wrong direction.

<u>6. Did you have a good working relationship with your line manager?</u>

Line managers can make an employee like or hate working in a company. A sour relationship with the manager may cause an to employee quit.

3 0
3 years ago
Sports​ Medicine, Inc., offers two types of physical exams for​ students: the basic physical and the extended physical. The char
kramer

<em>Explanation</em>:

Second Quarter Sales budget

<u>Forecasted Physical Exam. (Basic at $95 per exam and Extended at $150)</u>

July

Basic > 240 =95*240=23,040

Extended > 165 = 150*165=25,200

August  

Forecasted Physical Exam.

Basic > 250 = 95*250=23,750

Extended > 215 =150*215=32,250

September

Forecasted Physical Exam.

Basic > 80  =90*80 =7,200

Extended > 90 =150*90 =13500

Total Gross Sales

Basic=$53,990

Extended=$70,950

3 0
4 years ago
Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to
nlexa [21]

Answer:

Based on the given information related to costs for each of the options, the crossover point for Tim = <u>6,000</u> room nights (round your response to the nearest whole number). If the number of room nights is less than the crossover point, then <u>OUTSOURCING (Duffy's Maid Service)</u> is the best option available to Tim. Based on the given room nights that Tim expects to rent (18, 250), the best option is to keep doing the service <u>INSOURCING (doing it himself)</u>.

Explanation:

Currently, before outsourcing, Tim's total cost = $228,125 + $61,000 = $289,125. On average, he spends $15.84247 per room.

The Duffy's Maid Service offer would represent a total cost of $337,625 + $25,000 = $362,625 for the same occupation level.

the crossover point for Tim:

12.5x + 61,000 = 18.5x + 25,000

36,000 = 6x

x = 6,000 room nights

(6,000 x 12.50) + 61,000 = (6,000 x 18.50) + 25,000 = $136,000

7 0
4 years ago
Suppose the United States has a comparative advantage over Mexico in producing pork. The principle of comparative advantage asse
vichka [17]

Answer:

d. Mexico has nothing to gain from importing United States pork.

Explanation:

The principle of comparative advantage asserts that countries (in this case Mexico) are better off importing certain goods (in this case pork), given that the opportunity cost of importing such goods are less in comparison to the production costs of manufacturing them within the country.

By definition, a country is said to have a <em>comparative advantage</em> over another, when they can produce a certain good or service at a lower marginal or opportunity cost.

6 0
3 years ago
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