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Olegator [25]
3 years ago
5

Any point inside a production possibilities curve indicates: Select one: a. unemployment and/or inefficiency. b. that the law of

increasing opportunity costs is no longer valid. c. that society doesn't want more of either good. d. that economic growth is no longer possible.
Business
1 answer:
MaRussiya [10]3 years ago
4 0

Answer:

The answer is A. unemployment and/or inefficiency

Explanation:

Production Possibility Curve  is also known as production–possibility frontier is a curve that shows different ways in which two goods can be produced with a given resource and or technology.

Since resources are scarce, a choice has to be made between the alternative goods that can be produced. So there must be a choice f what to produce and how much to produce. If one resource is chosen, less of the other will be produced.

Any point inside a production possibilities curve indicates unemployment and/or inefficiency

A point outside the production possibilities curve is not possible

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In general, the basis of property to a corporation in a transfer that qualifies as a nontaxable exchange under § 351 is the basi
Shalnov [3]

Answer

False

the basis of property to a corporation in a transfer that qualifies as a nontaxable exchange under § 351 is not the basis in the hands of the transferor shareholder decreased by the amount of any gain recognized on the transfer.

6 0
3 years ago
On November 1 of year 0, Jaxon borrowed $38,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid
andreev551 [17]

Answer:

$570

Explanation:

The computation of the interest deduction is shown below:

= Interest paid × number of months ÷ (total number of months in a year)

= $3,420  × 2 months ÷ 12 months

= $570

The interest which is deducted in year 0 under the cash method of accounting is $570

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4 0
3 years ago
What impact did the rise of the middle class in the late nineteenth century have on the demand for consumer goods?
RoseWind [281]

Answer:

The middle class created a high and sustained demand  for consumer goods

Explanation:

Before the advent of the industrial revolution, the social stratification of society is such that either you are in the lower class of the poor or you are  part of the rich in the upper class. The industrial revolution of late 18th and early 19th centuries saw the springing up from the lower class a new set of wealthy and educated individuals which were later termed the middle class

This reach men and women are able to buy goods needed to satisfy their newly found social status which boost demand for new and quality goods produced as a result of industrial revolution.

7 0
3 years ago
In developing a flexible budget within a relevant range of activity,
gladu [14]

Answer: d. it is necessary to relate variable cost data to the activity index chosen

Explanation:

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When developing a flexible budget within a relevant range of activity, ome must relate variable cost data to the activity index chosen to ensure that it is indeed variable.

6 0
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Explanation:

4 0
3 years ago
Read 2 more answers
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