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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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A customer's desire for a product coupled with the buying power or resources to obtain that product is called a ________.

Doss [256]

Pls help or ill fail

5 0

2 years ago

On February 12, Goal Publishing, Inc., purchased the copyright to a book for $15,000 and agreed to pay royalties equal to 10% of

Ugo [173]

Answer:

option 2 $75,000

Explanation:

Data provided in the question:

Amount for which the copyright to a book purchased = $15,000

Agreed royalty = 10% of the book sales

Minimum royalty to be paid= $60,000

Total book sales = $750,000

Now,

The Amount of royalty according to the agreement

= 10% of Total book sales

= 10% of $750,000

= $75,000

Since,

The amount the greater than the minimum royalty

Hence,

the agreement amount will be paid

i.e

option 2 $75,000

3 0

3 years ago

You are involved in a car accident and a stranger contacts you offering a quick cash settlement and doesn’t want to deal with th

soldi70 [24.7K]

Answer:

The answer depends on 2 vital elements

1. whether there are injured/dead people - you cannot accept the money. you must inform BOTH the Insurance company and the Police. otherwise it is a hit and run, which is a criminal offence and you will be penalized.

2.or there are no injured/dead people - then take the money and settle the dispute

Explanation:

Dealing with insurance companies is not a legal requirement and depends on your choice.

BUT,

if a person is injured or dead because of the accident, then not only should you inform the insurance company, but also you should inform the legal authorities (Police).

so, as I mentioned about, if it is just your car a and stranger's car that is damaged, then you can settle it without involving the insurance companies.

if a person or another party is involved, then you cannot!

hope this helps!

4 0

2 years ago

In the 1990s, the russian people lost confidence in the value of the ruble, and many were no longer willing to sell goods and se

hodyreva [135]

The answer to this question is acceptability
The acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.

5 0

3 years ago

Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem

polet [3.4K]

Answer:

A. Economic order quantity= 319

B. Annual holding costs= 3,669

C. Annual ordering costs= 3,669

D. 154

Explanation:

a) Calculation for the economic order quantity

Using this formula

Economic order quantity=√2*Demand*Cost order/Annual holding cost

Let plug in the formula

Economic order quantity=√2*15,400*76/23

Economic order quantity=√2,340,800/23

Economic order quantity=√101,774

Economic order quantity= 319

b) Calculation for annual holding costs

Using this formula

Annual holding costs=Economic order quantity/2*Annual holding cost

Let plug in the formula

Annual holding costs=319/2*23

Annual holding costs= 3,669

c) Calculation for the annual ordering costs

Using this formula

Annual ordering costs=Demand/Economic order quantity*Cost order

Let plug in the formula

Annual ordering costs=15,400/319*76

Annual ordering costs= 3,669

d) Calculation for reorder point

Using this formula

Reorder point=Demand/Numbers of days the company operate per year*Lead time

Let plug in the formula

Reorder point=15,400/300 days per year*3

Reorder point= 154

6 0

3 years ago