1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frozen [14]
3 years ago
7

Your friend Sam has been asked to prepare appetizers for a university reception during homecoming weekend. She has an unlimited

amount of ingredients but only six hours to prepare them. Sam can make 300 mini-sandwiches or 150 servings of melon slices topped with smoked salmon and a dab of sauce per hour. Draw Sam's production posiibilities frontier.
Business
1 answer:
natita [175]3 years ago
8 0

Answer:

Downward sloping curve with 300 intercept on mini sandwich axis, 150 intercept on melon spices

Explanation:

PPC reflects production combinations (2 goods), which can be produced given same resources & technology. It is downward sloping because of inverse relationship between two goods, one good increase leads to other good decrease - given same resources & technology.

In this case, it is with analogous factors : production possibilities with respect to unlimited ingredients (resources), limited time. Although resources are given to be unlimited, PPC is likely to be downward sloping : because of inverse relationship between goods - based on time constraint (one good increase will withdraw time from other good & reduce it).

The PPC intercept on X & Y axis represents the maximum amount of that axis good, which can be produced. So: it has 300 intercept on mini sandwich axis, 150 intercept on melon spice axis.

The slope & shape of PPC depends on Marginal Opportunity Cost, which depends on relative efficiency of resources in two goods.

Resources equally efficient - Constant Good Sacrifise Ratio i.e MOC - PPC straight line. Resources unequally efficient - Increasing Sacrifise Ratio (from efficient to inefficient good) i.e MOC rising - PPC Concave. Increasing Sacrifise Ratio (from inefficient resources to efficient resources) i.e MOC falling - PPC Convex.

If MOC between mini sandwiches & melon spices is constant, PPC is straight line . If MOC between them is rising, PPC is concave. If MOC between them is falling, PPC is convex.

You might be interested in
you are considering starting a business to provide high quality bookkeeping services targeted to restaurants and other food serv
tiny-mole [99]

The potential for industry growth, whether it seems as though competition will only get stronger or weaker, and the company's competence in carrying out industry key success factors.

An organized subset of economic activity is the subject of this article. See Manufacturing and Industrial society for information on mass manufacturing and its implications. An industry is a division of an economy that creates a cluster of closely linked goods, services, or raw materials (for a list of additional uses, see Industry macroeconomics). One may cite the wood business or the insurance industry as examples.

Industry classifications often use a company's or group's major source of revenue when evaluating it to place it inside a certain industry. For instance, "statistical units" are categorized by the "economic activity in which they primarily participate" according to the International Standard Industrial Classification (ISIC), which is utilized directly or through derivations for the official statistics of the majority of countries worldwide.

Learn more about potential here

brainly.com/question/17058027

#SPJ4

7 0
1 year ago
A piece of property bought by XYZ Corporation a few years ago was sold for $5 M. The cost basis for this property was $2.75 M. T
Tanzania [10]

Answer:

True

Explanation:

Data given in the question

Sale value of the property = $5,000,000

Cost basis of property = $2,750,000

And, the taxable income is $12,150,000

So, based on the above information, the capital gain on the property is

= (Sale value of the property - Cost basis of property) × capital gain tax rate

= ($5,000,000 - $2,750,000) × 15%

= $337,500

We assume the capital gain tax rate is 15%

Hence, the given statement is true

8 0
3 years ago
A beta distribution center worker was injured when she tried to remove items on the shelf and not a heavy box onto her for a wee
LenaWriter [7]

Answer:

C. Teach procedures for stacking items in straight, even loads.

Explanation:

7 0
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

#SPJ1

8 0
2 years ago
A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and t
Lapatulllka [165]

A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and that culminates in a cash budget, budgeted income statement, and budgeted balance sheet is master budget.

The lower-level budgets, cash flow projections, budgeted financial statements, and financial plans of an organisation are all included in the master budget, which is a thorough financial planning document. It is often created by a company's budget committee under the direction of the budget director.

To know more about Master Budget here

brainly.com/question/28217954

#SPJ4

6 0
1 year ago
Other questions:
  • The Second Bank of the United States was controlled by __________.
    5·2 answers
  • Workplace Messaging and Texting
    13·1 answer
  • A corrective tax Select one: a. allocates pollution to those factories that face the highest cost of reducing it. b. works well
    10·2 answers
  • You just won the $85 million Ultimate Lotto jackpot. Your winnings will be paid as $3,400,000 per year for the next 25 years. If
    6·1 answer
  • explain the problems that occur when government institutes wage and price controls, and explain the rationale for these controls
    14·1 answer
  • The Investments Fund sells Class A shares with a front-end load of 6% and Class B shares with 12b-1 fees of 1% annually as well
    9·1 answer
  • Southwestern Foods Corporation operates a packaging plant near the border between the United States and Mexico. Due to the locat
    7·1 answer
  • Donald’s debt to Everett is past due. Everett brings a legal action against Donald to collect the debt. To ensure that a judgmen
    10·1 answer
  • A Perfectly competitive firm’s entire marginal cost curve is its short-run supply curve." Is this statement true or false?
    10·1 answer
  • How publish Fiverr gig without taking a test?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!