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Karo-lina-s [1.5K]
3 years ago
12

When society produces the combination of goods and services on the ppf that it values the most highly, society has?

Business
1 answer:
Brums [2.3K]3 years ago
3 0
When society produces the combination of goods and services on the PPF that it values the most highly, society has Allocative efficiency. PPF is defined as the public provident fund, and Allocative efficiency<span> is the point in which the preference of the product consumption is balanced in production levels in an economy. This is specifically related to the benefit of a product or service being equivocal to the cost of making it, directly reflective of consumer preferences. 
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Which of the following were reasons for wanting government control of the railroad and large production entities? economic gap b
kondaur [170]
The major reason that government control or regulation of railroads and large production entities because of monopolies. In the late 19th and early 20th centuries there was major growth in industries such as the railroad and oil industries in the United States, at this time companies became monopolies in these industries and thus there was pressure on the U.S. Government to weaken the control of these monopolies. 
3 0
2 years ago
ANSWER QUICKLY PLEASE: What do certifications show a potential employer? Answer in 3–4 sentences.
Nat2105 [25]

Answer: That you are qualified for the job role

Explanation:

Certifications allows an employees to show a current or future hiring manager that they possess the skill set and expertise needed for the job.

They help the employers hire the most competent and qualified personnel for the job as it shows you know your way around the job. And when that certification is now backed by real world on the job experience, this gives the hiring manager a sense of security.

3 0
3 years ago
According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct
vichka [17]

Answer:

Capability ratio = 1.04166

Explanation:

Given:

Length of a shoe (not deviate) = 1 mm

Standard deviation of this length = 0.32 mm

Number of standard deviations = 3

Find:

Capability ratio = ?

Computation:

Capability ratio = [Length of a shoe (not deviate) / Standard deviation of this length] / Number of standard deviations

Capability ratio = [1 / 0.32] / 3

Capability ratio = 3.125 / 3

Capability ratio = 1.04166

Capability ratio is greater than 1, therefore process is capable.

4 0
3 years ago
What is your interpretation of the relationship between auto insurance premiums in Michigan and the national average?
Arada [10]

Answer:

Interpretation between the auto insurance preniums in Michigan and the National average is that In 2017, the average cost of a personal injury protection claim in Michigan was more than six times the national average. Costs are increasing nearly twice as fast, according to the Insurance Research Council.

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The rates of auto insurance Premiums in Michigan are most expensive in America. This is due to Michigan's non-fault insurance system, which provides crash victims unlimited lifetime coverage of medical bills.

3 0
2 years ago
Concord Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has
Drupady [299]

Answer:

The weighted-average unit contribution margin for Concord is $70.50

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For computing the weighted-average unit contribution margin , first we have to compute the contribution margin which is shown below:

Contribution margin per unit = Selling price per unit - Variable expense per unit  

For Q- drive, it will be

= $90 - $30

= $60 per unit

And, for Q-drive plus,

= $135 - $60

= $75 per unit

Now the weighted-average unit contribution margin equal to

= Weighted sales mix × contribution margin + Weighted sales mix × contribution margin

= 30% ×$60 + 70% × $75

= $18 + $52.50

=$70.50 per unit

7 0
2 years ago
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