In a mixed market economic system who determines what products should be produced the producer. In the mixed market economic system a producer will determine how the products are produce, how many and how to distribute them. There is research conduction to determine the best ways for distribution but ultimately the producer makes the final decision.
The production possibilities frontier is bowed outward, this means that the opportunity cost of producing more units of a good increases.
<h3>What is the production possibilities frontier?</h3>
The Production possibilities frontier is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPF is typically bowed outward. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
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This investment is an example of a managerial decision. This process is done to aid the executives to be able to make the best possible decision that is needed by the business at that certain point of time. There are five steps that is involved in a managerial decision making. First would be establishing what is the main objective of the business. Then, like any other decision process, defining the problem and its the nature at that certain time is next. The third step would be listing all possible solutions present. Then, evaluating each possible solution listed. Listing all pros and cons would be recommended. In this step, we look at which would be the most favorable solution. The last step would be the implementation of the solution chosen.
Answer:
EWU students
GPA
January: 3.5
February: 2.6
March: 3.6
April : 3.1
May: 3.7
June:2.8
July: 2.9
August: 2.1
September: 2.8
October: 3.1
November: 2.2
December: 2.5
Explanation:
The GPA for EWU students shows declining pattern over the past 12 months. The students have been focused on their fall internship program and the studies are neglected. The GPA of students is declining and the minimum GPA is 2.1 which has been secured in the month of August.
Answer:
information security representative
Explanation:
Remember, the information security representative among the IRT team handles sensitive data for the firm.
Because a firm is a potential target for data theft, this individual thus offers expertise in risk management, also would apply forensic analysis skills necessary for the collection and analysis of information evidence.