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3 years ago

The production possibilities curve illustrates the basic principle that

Business

1 answer:

krok68 [10]3 years ago

6 0

Answer:

If all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced

Explanation:

The concept of production possibility curve shows the different commodities that can be produced in a given economy, given the prevailing level of technology, if all available resources are efficiently utilized. The idea behind production possibility curve is that in other for in order to produce a particular commodity, the production of another commodity has to be scarified provided that i.e if all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced

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Tile & Grout (T&G) contracts to resurface the insides of the pools at WaterWorld Park. T&G knows that without the re

Pavel [41]

Answer:

The answer is Letter C

Explanation:

Water World can recover the loss of profit from the delayed opening.

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2 years ago

The Midwest Division of Grainger Company has investment center average invested assets of $200,000 and investment center income

EleoNora [17]

The return on investment for this division is (B) 20%.

<h3>What is the return on investment (ROI)?</h3>

Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
A high ROI indicates that the benefits of the investment outweigh the costs.
ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.
It is one method of connecting profits to capital invested in economic terms.

<h3>To find the return on investment for this division:</h3>

= income/average invested assets

= $40,000/$200,000

= return on investment

= 20%

Therefore, the return on investment for this division is (B) 20%.

Know more about return on investment here:

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Correct question:

The Midwest Division of Grainger Company has an investment center average invested assets of $200,000 and an investment center income of $40,000. What is the return on investment for this division?

(A) 500%

(B) 20%

(C) 25%

(D) 80%

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2 years ago

The job of increasing public awareness of a company's products, brands, or activities and by fostering desirable company images,

Zina [86]

It is the task of <u>"Public Relations".</u>

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3 years ago

How is health insurance different from auto insurance?

Bess [88]

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3 years ago

Suppose that the united states and canada each produce only two products, televisions and food. The united states can produce 10

Alex

Answer: Trade between the two countries is beneficial when United States trade food to Canada and Canada would trade televisions to the United States.

Explanation: In international trade, each country will produce a good in which it has a comparative advantage (lower opportunity cost).

Opportunity cost of food is,

Unites states = $\frac{100}{150} = 0.66$