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gayaneshka [121]
3 years ago
11

A country cannot produce a mix of products with a higher value than where __________. a. the isovalue line is below the producti

on possibility frontier. b. the isovalue line is tangent with the indifference curve. c. the isovalue line is above the production possibility frontier. d. the isovalue line intersects the production possibility frontier. e. the isovalue line is tangent to the production possibility frontier.
Business
1 answer:
Pie3 years ago
3 0

Answer:

The correct option is E

Explanation:

Isovalue lines define a relationship between the production of 2products in which the total market value is constant.

Value of the output can be calculated with following formula:

V= Pi*Qi+Pj*Qj

All industries try to achieve the highest value of the output that is possible. This can happen at point where isovalue line is tangent to PPF.

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Which is cheaper: eating out or dining in? The mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13
Maru [420]

Answer:

Null hypothesis: The mean price of restaurant meal is the same as fixing a comparable meal at home.

Alternate hypothesis: The mean price of restaurant meal is less than fixing a comparable meal at home.

Explanation:

A null hypothesis is a statement from a population parameter which is either rejected or accepted (fail to reject) upon testing.

An alternate hypothesis is also a statement from the population parameter that negates the null hypothesis and is accepted if the null hypothesis is proven false.

8 0
3 years ago
If input prices for a perfectly competitive industry remain constant as the output of the industry expands in the long run, the
Serhud [2]

Answer:

a. be perfectly horizontal.

Explanation:

The supply curve graph the prices that suppliers will demand to produce different levels of output. It is normally upward-sloping because of scarcity of inputs that will push up costs and thus drive up cost.

If input prices does not change, <em>the industry will be willing to supply any quantity (in the long run) at the same price</em> (because if they charge higher than their constant costs they will lose to competition) => the supply curve will be a horizontal line (perfectly horizontal)

3 0
3 years ago
At 7:50 pm the lights flashed red indicating that a train was approaching. David Harris walked past the yellow line telling peop
pashok25 [27]

Answer with Explanation:

The negligence act would be used here and for a plaintiff to prove to win the suit following four factors must have to be proved which are:

  1. Duty of care
  2. Breach
  3. Cause
  4. Harm

<u>Part 1. Duty of Care</u>

The railroad company owed a duty of care to every person rail station and the way they had exercised this duty of care was in the form of red light that David Harris saw, which means they exercised reasonable duty of care to avoid the misshapen. This means the duty of care that David Harris owes to himself was not crossing the yellow line.

<u>Part 2. Breach</u>

In fact David Harris was the one to avoid the red light signal and was out of the yellow line. So the breach of duty of care was of David Harris not of the railroad company.

<u>Part 3. Cause</u>

The cause of the breach of duty of care by David Harris was negligence because neither was the railroad signals were allowing him nor he was saving somebody else's life.

<u>Part 4. Harm</u>

Yes, the negligence of David Harris resulted in his death which is the most harm a person can suffer.

<u>Conclusion:</u>

As only harm was satisfactory not the other 3 factors were in the favor of plaintiff, so the widow's argument is incorrect and David Harris was negligent not the railroad company. Hence railroad company owes nothing in compensation to the David Harris's widow.

8 0
3 years ago
IRR in Excel!(CHAPTER 9) Your company is considering a new project opportunity. It would immediately receive $200. In return, in
oksian1 [2.3K]

Answer:

12.44%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

cash floe in yer0 = 200

cash flow in year 1 = -80

cash flow in year 2 = - 70

cash flow in year 2 = - 60

cash flow in year 2 = - 40

irr = 12.44%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

3 0
3 years ago
Who is required to provide information through the "right to know" law?​
Murrr4er [49]

Private Employers.

The Right to know law discusses workers rights to know about dangerous chemicals/substances in the workplace and is overseen by OSHA ..

4 0
3 years ago
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