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3 years ago

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

1 answer:

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 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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A highly task oriented group that is results driven with high morale is a characteristic of usmc

wariber [46]

The answer is true. The usmc is also known to be the United States of Marine Corps, they are trained to be responsible of United States Navy in terms of operations and that they are taught to be in high morale, in which is why they are considered to be a highly tasked oriented group.

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3 years ago

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Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,100 units ar

Ipatiy [6.2K]

Answer:

Cash Disbursement for selling and administrative expense = $42,370

Explanation:

Provided information,

Units to be sold in the month of March = 3,100 units

Variable selling and administrative cost per unit = $3.60

Fixed selling and administrative cost = $35,810

Depreciation included in fixed selling and administrative cost = $4,600

Cash fixed cost of selling and administrative cost = $35,810 - $4,600 = $31,210

Total cash cost of selling and administrative cost = Variable + Cash Fixed cost

Total variable cost = $3.60 $\times$ 3,100 units = $11,160

Total cash disbursement = $11,160 + $31,210 = $42,370

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3 years ago

Suppose that Sweden can make a unit of furniture with 10 days of labor and a unit of steel with 15 days labor, while Germany can

kobusy [5.1K]

Answer:

All go to Sweden.

Explanation:

The two countries Germany and Sweden both can produce furniture and steel. Germany can produce one unit of steel or furniture in 12 days while Sweden can make one unit of steel in 15 days and one unit of furniture in 10 days. Germany has no advantage from the trade since it can produce both the goods in same time. Therefore all of the trade gain would belong to Sweden.

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2 years ago

The function of interest is to make lending money worthwhile and profitable for the __________.

Ymorist [56]

The function of interest is to make lending money worthwhile and profitable for the lender. The government is monitoring the lender and they are not allowed to give a very high interest rate. Credits and loans are not socially acceptable in the society since this only profitable to the lender.

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3 years ago

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Definition:_________ This is the process of reducing or eliminating government regulations on an industry, allowing for more lai

baherus [9]

Answer:

Deregulation

Explanation:

Deregulation when the government power is reduced or eliminated from a particular industry in order to make business easier and less restrictive.

I hope you find this information useful and interesting! Good luck!

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3 years ago