The operations vice president is adjusting the production quantities for the upcoming month of March for the coal company. Last
1 answer:
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Answer:
percentage of profit is 26.3%
Explanation:
given data
purchase property cost = $300,000
time = 2 year ago
sold property = $379,000
solution
we get here percentage of profit in relation to the cost
first we get here percentage value increase that is
percentage value increase =
percentage value increase = 1.263
percentage value increase = 126.3%
so here 1 in 1.263 represent you the original cost
so profit % = 1 - 1.263
profit % = 26.3%
Answer:
C. Inside its PPC
Explanation:
The Production possibility Curve also known as Production Possibility Frontier PPF is the curve that depict the relationship in the production of 2 given goods in an economy (See Image).
The curve basically shows 5 situations:
1. Point A: where all the production is devoted to Wheat
2. Point B: where all the production is devoted to Cotton
3. Points C: Any given point along the curve different to point A and B represent the trade off in the production of the 2 goods
4. Point D: Is an impossible point to achieve as it is outside the capabilities of the curve
5. Point E: Is an inefficient point of production as it is below the possibilities of production.
In the case of the expantion of the production capacity while the total spending fails to rise as fast. Then, the economy ends up in point E were inefficiency must be solve in order to produce in a maximum capacity.
