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Keith_Richards [23]
3 years ago
12

The production possibility frontier shows: the combinations of output that an economy can produce given its productivity and sup

ply of inputs. the types of goods and services that society should produce to satisfy social interest. how society can produce more of one good without giving up the production of another good what people can consume given different combinations of goods produced.
Business
1 answer:
Vedmedyk [2.9K]3 years ago
4 0

Answer:

the combinations of output that an economy can produce given its productivity and supply of inputs.

Explanation:

The production possibilities frontier (PPF) basically shows the different combination of output of two goods that an economy can produce using its available factors of production (land, labor, capital and technology).

The PPF helps to illustrate the concepts of opportunity costs and comparative advantages in trade.

  • Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another alternative.
  • Comparative advantage theory ⇒ economies will trade those products that they are able to produce with lower opportunity costs than their trade partners.

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Suppose the U.S. dollar is defined by law as being equal to 0.1 ounce of gold. Further suppose the British pound is defined as b
motikmotik

Answer:

The exchange rate is $1 = 2 pounds.

Explanation:

The exchange rate is the relative value of the two currencies. In other words, the amount of one currency you can exchange for another currency.  

The US dollar is defined as equal to 0.1 ounces of gold.  

The British Pound is defined as equal to 0.05 ounce of gold.  

The exchange rate between the two countries is

= \frac{value\ of\ US\ dollar}{value\ of\ British\ Pound}

= \frac{0.1}{0.05}

= 2

So the exchange rate is $1 = 2 pounds. This means that $1 can be used to exchange 2 pounds.

6 0
3 years ago
Required information [The following information applies to the questions displayed below.) Fiddle Corp. has been an S corporatio
Kitty [74]

Answer and Explanation:

According to the given question, the computation is shown below:-

a. The amount and character of gain Charlie recognizes from end-of-the-year distributions is

Particulars                       Amount

Tax basis a                      $18,750

Ordinary income b          $23,750

Stock basis                       $42,500

(c = a + b)

Distribution                     $47,500   ($42,500 + $5,000)

b. The stock basis is

Particulars                       Amount     Character

Gain                                $5,000       Capital   ($23,750 - $18,750)

Stock basis                      -                  None

8 0
4 years ago
First job interview tips / advice - 20 pts
algol [13]

A job interview isn't simply a test of your knowledge; it's also a test of your ability to use it appropriately. Understanding the major areas on which you should concentrate when preparing for your first job interview is essential. I'll guide you through some of the most crucial elements to consider while preparing for your first interview.

<h3><em>So, let’s begin….</em></h3>

1. On your resume, be honest.

  • In your CV, don't lie about anything. If you lie, you will lack confidence while answering questions on that issue, and you will become uneasy as a result. So, just tell it like it is.
  • By lying, you are undermining your knowledge and talents, which you have worked hard to acquire.
  • Emphasize your talents and your readiness to learn new skills if you don't have any.

2. Prepare your introduction well:

  • Make a self-introduction that you should be able to finish saying in 1 minute 30 seconds once you've finished preparing your resume. Self-introductions that are too long are not heard and may appear uninteresting.
  • Make your strengths, whether technical or non-technical, stand out.
  • Be detailed with your self-introduction since it can help you make a positive first impression.

3. Always keep a backstory for some answers:

  • Some questions, such as strengths and shortcomings, need a history to support your response. In most cases, a history to support your response helps both you and the interviewer understand how you are overcoming that limitation. The same may be said about strengths.

4. Always proofread your resume:

  • Check your resume twice. Make sure that it does not have any kind of grammatical errors or spelling mistakes.
  • Errors in resume make a bad impression.

5. Have a fundamental understanding of the company:

  • Read up on the company's profile that you'll be applying for. Read about the many industries that the firm operates in, the CEO's name, where the company is situated, why the company was recently in the news, and so on.
  • Believe me when I say that if you answer these questions correctly, you will make a great first impression. It demonstrates that you are aware of and interested in the company's work.

6. Make sure you're ready for the technical round:

  • Make a list of the most often requested technical questions. This should be done three to four days before the interview. Prepare responses and make sure to cover all of the fundamentals of the areas you stated on your CV.
  • Also, be prepared to answer questions about your final year project. Revise the flow chart diagrams and, if applicable, block diagrams, since they are easier to explain in a shorter amount of time.

7. HR Round:

  • The HR round is really important. Look for the most frequently asked HR questions (you can get them from various sources). Prepare a few words to support your answer or point of view for each response.

8. Choose and prepare your outfit the day before:

  • Wear a dress that is both comfy and ironed. Look at the executives on the about me page if you're unsure. That's how you should dress.
  • Maintain a polished and understated appearance. Don't go overboard with the accessories.

Important details to keep in mind (before, during, and during the interview):

- Maintain a cheerful and self-assured attitude.

- Emphasize appropriate body language by sitting in a proper posture and maintaining eye contact. Maintain a friendly demeanor and a small grin on your face.

- Be truthful

- Arrive on time

- All you have to do is give it your all. If you give it your all and still don't get the job, that's life.

- Be courteous

- Pay attention to what they're saying and pay attention to what they're saying. If you don't understand a question, politely inquire for clarification.

Simply keep these things in mind and plan beforehand. Give it your all and don't give up until you succeed.

I hope this helped

4 0
2 years ago
Which of the following best explains why most people don’t consume units of goods to the point that their marginal utility falls
Oksana_A [137]

Explanation:

xxxxoxoxoxoxoxoxxooxoxpxpxpxpxpxpxppx0x

5 1
3 years ago
Read 2 more answers
Even after commencement of business operations, officers and directors have a responsibility to comply with _______.
Gekata [30.6K]

Even after commencement of business operations, officers and directors have a responsibility to comply with <u>corporate formalities.</u>

Corporate formalities is a term that is used to refer to the operating rules and guidelines that a corporation or business has to or must follow so as to meet its operational requirements. This in turn allows it to maintain the corporate protections that it enjoys.

Corporation refers to an entity that enjoys the backing of a law. It is separate from the directors or owners of the company.

It has the responsibility to comply with the rules and regulations so as to have a proper corporate functioning.

To learn more business here

brainly.com/question/15826771

#SPJ4

8 0
2 years ago
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