Answer:
c. it does not have the resources and technology to produce that level of output
Explanation:
The complete question comes with the attached figure 2 which shows a downwards sloping PPC - Production possibilities curve. 70 washers and 70 dryers display a point outside the PPC curve.
- All points outside the PPC curve signify that there are scarcity of resources to reach that level of production
- All points inside the PPC curve signify that all the resources are not being effectively used
- All points on the PPC curve signify that production equals efficient allocation of resources
Answer:
D.one-half of the value of the home must be included on Part 2 of Schedule A
Explanation:
The rationale for this is that passed and she was survived by her sister as a result only one-half qualifies of the jointly held home qualifies to be included on Part 2 of Schedule A
Answer:
Lies below its demand curve and is steeper than its demand curve.
Explanation:
The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.
The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.
Answer:
-8%
Explanation:
For computing the total return from your investment, first we have to determine the return from investment which is shown below:
Return on investment = Total inflow - total outflow
where,
Total inflow = $90 + $2 = $92
And, the total outflow = $100
So, Return on investment would be -$8
Now the Return on investment in percentage would be
= Return on investment ÷ investment × 100
= - $8 ÷ $100 × 100
= - 8%
Answer:
$86.87
Explanation:
Calculation for what would be the overall margin on the order
Price of cake $500.54
Less Costs:Size related ($183.06)
($1.13 per guest × 162 guests)
Less Complexity-related ($130.56)
($43.52 per tier × 3 tiers)
Less Order-related ($61.44)
($61.44 per order × 1 order)
Less Cost of purchased decorations for cake ($38.61)
Customer margin $86.87
Therefore would be the overall margin on the order is $86.87
