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3 years ago

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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If the market price is $60, a firm's minimum average total cost is $70, and minimum average variable cost is $50, what should th

svet-max [94.6K]

Answer:

it shouldn't violate historic cost principal because it is not going to shut down it's business so therefore it should value the assets on the market price not on the cost of purchase price

Explanation:

above is the explanation,you should think of the answers and so doing your hw from this app.

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3 years ago

Kim Inc. is considering the replacement of a piece of equipment with a newer model. The following data has been collected: Old E

Ulleksa [173]

Answer:

Kim Inc.

The net advantage (disadvantage) of replacing the old equipment with the new equipment is:

= $7,500.

Explanation:

a) Data and Calculations:

Old Equipment New Equipment

Purchase price $262,500 $450,000

Accumulated depreciation 95,000 0

Annual operating costs 300,000 245,000

Total operating costs for 10 years 3,000,000 2,450,000

Salvage 92,500 0

Total incremental cost $2,907,500 $2,900,000

b) The net advantage obtained by Kim for replacing the old equipment with the new equipment is $7,500 ($2,907,500 - $2,900,000). Note that the purchase price of the old equipment with its accumulated depreciation are not relevant costs. This case is worked out without taking into account the time value of money. Assuming that the present value of the cash flows was computed, a different result and conclusion would be reached.

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3 years ago

Which of the following actions would improve your credit score

s2008m [1.1K]

If this question has the same set of choices like the previous ones, the answer is:
<span>Paying off your credit card bill.
</span>A credit score is a numerical expression of a person's credit files, to represent his creditworthiness <span>based on a level analysis. Paying off your credit card bill would improve your credit score. </span>

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3 years ago

Warranty service, processing of complaints, and costs of litigation are examples of Multiple Choice appraisal costs. internal fa

zhannawk [14.2K]

Examples of internal failure costs include warranty service and complaint handling. As a result, choice b is accurate.

<h3>What do you mean by internal failure cost?</h3>

Internal failure costs are expenses related to flaws discovered prior to the client receiving the good or service. External failure costs are expenses related to flaws discovered after the client has purchased the good or service.

Internal failure costs are quality expenses related to product flaws found before a product leaves the facility.

Hence, warranty services all are examples of the internal failure cost.

Learn more about internal failure costs:

brainly.com/question/14802565

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1 year ago

________ represents a debt owed for renting a building.A.Rent PayableB.Rent ExpenseC.Rent RevenueD.Prepaid Rent

krek1111 [17]

Answer:

A. Rent Payable

Explanation:

Rent Payable refers to an expense which is certain and is to be paid in future. It represents a debt in the sense that it is an obligation which is required to be met in the near future.

The journal entry for rent payable is recorded as follows,

Rent A/C Dr.

To Rent Payable A/C

(Being rent payable recorded)

Rent Payable A/C is a liability while rent is an expense. Expenses are debited and liabilities are credited so as to recognize them.

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3 years ago