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aleksandrvk [35]
3 years ago
8

What causes a production possibility frontier curve to increase?

Business
1 answer:
Volgvan3 years ago
4 0
"<span>This </span>causes<span> output to </span>increase<span>, so the </span>production possibilities curve<span> shifts outward, or to the right. On the other hand, let's say a major war </span>causes<span>destruction of capital equipment in the country. This would </span>cause<span> output to decrease, so in this case, the</span>production possibilities curve<span> shifts inward, or to the left."</span>
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Answer:

The correct option is (b)

Explanation:

Private carrier is an organization that transports only the products produced by firm that own it.

Such organization's primary business activity is not transporting products from one place to another. In other words, these carriers do not transport goods of other companies.

Companies find having their own carriers cost effective as compared to hiring one.

Therefore, private carrier is a trucking operation that transports goods for the firm that owns it.

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3 years ago
Which of the following best defines money?
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Answer:

B and C, D

Explanation:

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2 years ago
Charleston Clothing purchased​ land, paying $ 110,000 cash and signing a $ 280,000 note payable. In​ addition, Charleston paid d
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Answer:

Dr Land 397,950

    Cr Cash 117,950

    Cr Notes payable 280,000

Explanation:

Certain ordinary and necessary costs can be included in the purchase cost of land:

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In this case, the total purchase cost of the land = $110,000 + $280,000 + $1,400 + $650 + $5,900 = $397,950

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3 years ago
Managers in each of the five areas of management need specific information in order to make decisions. Which manager needs to ha
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Answer:

The answer is the Marketing Manager.

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To begin with lets see what are the 5 functional areas of management.

  1. Production Management
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  3. Office Management
  4. Marketing Management
  5. Financial Management

Out of these, the marketing manager must have a clear understanding and an idea about a firm's products and services and those offered by competitors  because in the end, he or she is the one who is going to sell the product and make money to the company.

Understanding competition and their products will aid the marketing manager in developing strategic marketing planning to capture a wider share of the market.

Moreover, this will support to identify what sort of changes are required to made in the product to accelerate its selling and growth potential in the future.

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