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3 years ago

If all resources were perfectly adaptable for alternative uses, the production possibilities curve would:

Business

1 answer:

Svet_ta [14]3 years ago

8 0

Answer:

The correct answer is letter "C": be a straight line.

Explanation:

The Production Possibility Frontier (PPF) aims to determine what the maximum production would be using finite factors. Typically, the higher production of a good implies lowering the production of another. The PPF is represented by a graph with a vertical "X" axis and a horizontal "Y" axis for easiness in understanding.

Thus, if the factors for production were perfectly adaptable, the PPF curve will display a straight line in a graph.

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Steinberg Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in bl

GenaCL600 [577]

Answer:

1. Regular models 24,000

Deluxe models 3,556

2.17.4354%

Explanation:

1. Computation for the number of regular models and deluxe models that must be sold to break even

REGULAR MODEL:

First step is to calculate the Contribution per unit using this formula

Contribution per unit=Contribution/No.ofunits

Let plug in the formula

Contribution per unit=$4,500,000/90

Contribution per unit=50

Now let calculate the Break even units using this formula

Break even units=Direct fixed costs/Contribution per unit

Let plug in the formula

Break even units=$1,200,000/50

Break even units=24,000

DELUXE MODEL:

First step is to calculate the Contribution per unit using this formula

Contribution per unit=Contribution/No.ofunits

Let plug in the formula

Contribution per unit=$4,860,000/18,000

Contribution per unit=270

Now let calculate the Break even units using this formula

Break even units=Direct fixed costs/Contribution per unit

Let plug in the formula

Break even units=960,000/270

Break even units=3,556

Therefore the number of regular models and deluxe models that must be sold to break even are:

Regular models 24,000

Deluxe models 3,556

2. Computation for the sales revenue that must be generated for the company to break even

First step is to calculate the Break-even sales -

Break-even sales = 16,290,000 + 2,160,000 + 1,280,000

Break-even sales = 19,730,000

Second step is to calculate the Contribution Using this formula

Contribution = Break-even sales - Variable costs

Let plug in the formula

Contribution = 19,730,000 - 16,290,000

Contribution = $3,440,000

Now let calculate the Contribution margin ratio using this formula

Contribution margin ratio=Contribution/Break even sales *100

Contribution margin ratio=$3,440,000/$19,730,000*100

Contribution margin ratio=17.4354%

Therefore the Contribution margin ratio is 17.4354%

7 0

3 years ago

On a supply and demand graph, if the demand curve shifts to the left, what would be the resulting effect on equilibrium price an

viva [34]

Answer:

D PO HINDI PO AKO SURE

Explanation:

SANA CORRECT

7 0

3 years ago

Economists are concerned with an individual's wants because 1. wants always lead to shortages in the economy. 2. needs because e

trasher [3.6K]

Economists are concerned with an individual's wants because wants because the existence of wants leads to scarcity.

Explanation:

Wants are the wishes of the human beings. It is the desire that is to be achieved by human beings. Every individual wants something in life for the survival. The wants of human beings has led to the technology advancements and discovery of many new things.

Wants are never ending things in human life. When something is achieved and there arises another want to be achieved again. This is to live better and this betterment will be never ending one, hence, economists view wants of individuals to lead to scarcity.

4 0

3 years ago

Lara Technologies is considering a total cash outlay of $250,000 for the purchase of land, which it could lease out for $35,000

o-na [289]

Answer:

opportunity cost = 30,000

Explanation:

The opportunity cost is the return in the alternative investment:

250,000 x 12% = 30,000 opportunity cost

The economic profit would be the lease less the opportunity cost

35,000 - 30,000 = 5,000 economic profit

Note: If there was two or more alternatives, we should pick the investment with the highest yield.

3 0

4 years ago

A company has decided to discontinue a component of its business but, when the reporting period ends, the component has not yet

azamat

Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value

Explanation:

Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.

With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.

Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".

5 0

3 years ago