Its probbably d or c but please let me know if im wrong
Answer:
B.the law of increasing opportunity cost
Explanation:
PPF is graphical representation of product combinations that an economy can produce, given resources & technology
It is downward sloping because - given same resources & technology, one good 's production can be increased by decreasing production of other good.
Resources are assumed to be unequally efficient in production of resources. Shifting production from one good to other occurs with increasing Marginal Opportunity Cost (amount of good sacrifised to gain an additional unit of the other good.
This makes slope of PPC i,e MOC to rise & makes it concave i.e outward bending
Answer:
Income statement
Sales Revenue $ 612,000
Variable Overhead cost $ (315,000)
Fixed manufacturing overhead <u>$ ( 126,000)</u>
Gross Profit $ 171,000
Variable Operating expenses $ ( 27,000)
Fixed Operating expenses <u>$( 93,000)</u>
Net Income $ 51,000
Explanation:
Income statement
Sales Revenue ( 9,000 units * $ 68) $ 612,000
Variable Overhead cost ( 9,000 * $ 35 ) $ (315,000)
Fixed manufacturing overhead <u>$ ( 126,000)</u>
Gross Profit $ 171,000
Variable Operating expenses ( $ 3 * 9000 units) $ ( 27,000)
Fixed Operating expenses <u>$( 93,000)</u>
Net Income $ 51,000
Here's the options that complete the question:
A. tasks and time
B. quality and tasks
C. costs and tasks
D. costs and time
E. quality and time
Answer:
<u>A.</u>
Explanation:
The overall purpose for the invention of the Gantt chart by Henry Gantt was so that project managers could see the relationship between tasks and time.
Inorder words, to show the amount of time to be spent by an employee or group of employees on a particular tasks so as to increase workers efficiency.
