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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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A exotic dancer on the pole
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When the price of chai tea lattés is $5, maxine buys 20 per month. when the price is $4, she buys 30 per month. maxine's demand
nirvana33 [79]

Answer:

b. elastic, and her demand curve would be relatively flat.

Explanation:

he elasticity of demand is a term that describes the degree of responsiveness of demand due to changes in price. Elastic demand is when demand for a good or service is sensitive to changes in price. A small change in price results in a significant change in the quantity demanded.

Maxine has elastic demand for chai tea. A small decrease in the price of $1 ( 20 percent ) causes the demand to rise by 50 percent. The demand curve for an elastic product is relatively horizontal. It may be referred to as flat. The price is indicated on the Y-axis and the quantity of the X-axis. A small movement of the Y-axis big reaction on the X-axis tilting the demand curve to a horizontal shape.

4 0
3 years ago
When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked a
Free_Kalibri [48]

Answer:

The correct answer is the option A: External sources.

Explanation:

To begin with, in the field of business management when it comes to terms of sources of recruitment the extarnal sources are understood to be those who come from outside the organization and are needed to create a relationship in order to obtain good results. The external sources of recruitment are considered to be very expensive in comparison with the interanl sources and also to be more demanded of time as well. However, they also bring a great deal to the company due to the fact that increase the options available for the business to find the best of the best when it comes to potential employees.

8 0
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P19 - 104. in applying the lower of cost or market method to inventory valuation, market is defined as:
vlabodo [156]
<span>lower-of-cost-or-market It is inconsistent because losses are recognized but not gains. b. It usually understates assets. c. It can increase future income. "market" in the lower-of-cost-or-market rule be more than estimated selling price in the ordinary course of business less reasonably predictable costs of completion and disposal. Designated market value is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin Lower-of-cost-or-market is most conservative if applied to individual items of inventory. the rationale behind the ceiling when applying the lower-of-cost-or-market method to inventory is to prevent overstatement of the value of obsolete or damaged inventories.</span>
8 0
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In order for a person to recognize Nice that are not being met and make a career out of fulfilling unmet needs, that person must
Dmitry_Shevchenko [17]

The correct answer is; Sight and foresight.

Further Explanation:

When a person can recognize that someone's needs aren't being met, they can make a career out of being a caregiver. First, the person must be able to to have foresight and sight into another persons needs and be able fulfill everything that they haven't been getting.

Being a caregiver is a role that needs someone that has compassion and be able to know what is needed before being asked. There are other careers that can be made by having the sight and foresight that others may not have.

Learning to become an entrepreneur and have your own business can be hard to start but with three traits, anyone can do it if they try. The three traits to have are;

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Learn more about being an entrepreneur at brainly.com/question/8461972

#LearnwithBrainly

8 0
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