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grandymaker [24]
3 years ago
13

what is a graphical representation of the combination of goods and services that can be produced in a situation

Business
2 answers:
Vadim26 [7]3 years ago
7 0

The Production Possibilities Curve is a graphical representation of the combination of goods and services that can be produced in a situation. The Production Possibilities Curve also known as PPC and Production Possibilities Frontier, is used to show all of the different production types that a single economy is able to produce. This model will show over a set time period, what can be produced from different goods and services. When evaluating the different alternatives all technology and resources stay the same during that period.

Komok [63]3 years ago
3 0

Answer: Production possibility frontier (PPF).


Explanation: PPF is curve on a graph which depicts the situation which you have asked in a question. For your ease i will upload a picture of that curve so that you can understand the answer better. For better understanding the graph below uses the example of Cotton as a good.

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abares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing act
scZoUnD [109]

Answer:

(a) Issued $50,000 par value common stock for cash = Financing Activities

b) Purchased a machine for $30,000, giving a long-term note in exchange. Financing Activities = Non-cash Investing and Financing Activity

(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000 =  Non-cash Investing and Financing Activities

(d) Declared and paid a cash dividend of $18,000 = Financing Activities

(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash = Investing Activities

(f) Collected $16,000 from sale of goods = Operating Activities

Explanation:

The Cash flows related to raising of capital is known as Cash flow from Financing Activities.

The Cash flows related to growing and selling of Assets of the business is known as Cash flow from Investing Activities.

The Cash flow related to trade in Ordinary course business of the Company is known as Cash flow from Operating Activities.

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3 years ago
Evaluates the difference between leadership and board governance in establishing strategic planning for a health care organizati
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This white paper evaluates the difference between leadership and board leadership in creating strategic plans for healthcare organizations.

Leadership and governance includes ensuring a strategic policy framework that combines effective oversight, partnership building, regulation, attention to system design and accountability.

The Board's role in strategic planning includes identifying priorities, setting goals and objectives, allocating resources, and allocating funds to support decisions that need to be made in relation to the strategic plan. increase. The board is also responsible for overseeing the execution of the strategic plan.

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6 0
2 years ago
Suppose that a competitive firm hires labor up to the point at which the value of the marginal product equals the wage and that
almond37 [142]

Answer:

$20

Explanation:

Calculation for the marginal cost of producing an additional unit of output

Using this formula

Marginal cost=Wage per week/Marginal product of labor

Let plug in the formula

Marginal cost= $700 per week/35 units per week

Marginal cost= $20

Therefore the marginal cost of producing an additional unit of output is $20

3 0
2 years ago
Marginal cost is defined as the change in ________ cost when output changes by one unit. In the short run
salantis [7]

Answer:

Marginal cost is defined as the change in <u>total </u>cost when output changes by one unit in the short run.

Explanation:

<em>Marginal cost is defined as the change in total cost when output changes by one unit. In the short run.</em>

<em>It is the amount by total cost will increase as a result of producing additional one more unit of a product.</em>

6 0
3 years ago
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elena-s [515]
Increased accountability of employees is typically caused by organizational/business ethics. Ethics are the standards in which a business or person operate at any given time, no matter the situation or who is watching. 
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