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notsponge [240]
3 years ago
7

If an economy operates at a point within its production possibilities curve, Question 20 options: it lacks the resources necessa

ry to reach the curve. it is utilizing all of its resources efficiently. it does not confront the problem of scarce goods relative to unlimited wants. it is not efficiently using all of its resources.
Business
1 answer:
ANEK [815]3 years ago
7 0

Answer:

It is not efficiently using all of its resources.

Explanation:

PPC is the graphical representation of product combinations that an economy can produce, given resources & technology.

  • Points on PPC reflect the best potential production of economy, by best efficient utilisation of available resources & technology.
  • Any point under PPC reflects production under best potential of economy, by inefficient utilisation of resources.
  • Points beyond PPC are unattainable, unless growth in either resources/ technology shifts the PPC curve outwards.

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The economy's self-correcting mechanism (market forces) a. tends to push unemployment toward a specific point called the natural
lisabon 2012 [21]

Answer:

b. works better at correcting inflationary gaps than recessionary gaps.

Explanation:

The self correcting mechanism is a automatic process in which the aggregate market eliminates an inflationary gap created by a short-run equilibrium that is greater than full employment through increases in wages and other resource prices.

8 0
4 years ago
The following information is available for the pension plan of Concord Company for the year 2020.
anzhelika [568]

Answer:

$93,900

Explanation:

Computation for pension expense for the year 2020.

PENSION EXPENSE

Service cost $54,700

Interest cost $45,200

($452,000 * 0.10)

Less Actual return ($13,800)

Amortization of PSC $7,800

Pension expense $93,900

Therefore the pension expense for the year 2020 is $93,900

4 0
3 years ago
Healthy Hots, a fast-food restaurant that offers heart-healthy food, is experiencing several difficul- ties with operations. Alt
Bumek [7]

Answer:

The manager should start by analyzing the current job structure. He or she should spend time working beside the employees to assess what each employee does. Employee areas of responsibility must be evaluated to ensure that they are working to the fullest of their capability without being spread too thin. Maybe training can be implemented to assist in employee production. Are the employees being adequately compensated for the amount of work they are ask to perform?

I would study the personality traits of the employees as a means to reveal their motivation for working at Healthy Hots. Implementing avenues to reinforce that motivation and raise moral within the current staff is also essential. Unhappy employees will have reduced production rates and create an unpleasant work environment.

Team building is also important. Most working adults spend more of their awake time at work than at home. Therefore, people who work together tend to form a familiar bond. Removing anything that remotely promotes favoritism and/or tension in the workplace will reduce turnover.

Explanation:

6 0
3 years ago
As a science, psychology gains knowledge through observation and measurement. this approach is called –, and the step-by-step im
Veronika [31]

As a science, psychology gains knowledge through observation and measurement. this approach is called<u> "empiricism",</u> and the step-by-step implementation is called the <u>"scientific" </u>method, which follows systematic steps in a bias-free way, in order to obtain <u>"reproducible"</u> results.


Empiricism is an essential part of the scientific method since speculations and theories must be watched and tried to be viewed as precise. Empiricists will in general be skeptical that anything can be known for certain and, in this way, they tend not to put stock in creeds or total certainties. Empiricism is a philosophical conviction that expresses your insight into the world depends on your encounters, especially your tactile encounters.

4 0
3 years ago
REWARD OF 80 POINTS: NEED HELP RIGHT AWAY!!
Alex777 [14]

Answer:

no. keep it this way. it looks nice. nothing is better than this

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2 years ago
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