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UNO [17]
3 years ago
6

A production possibilities frontier identifies the dollar cost of producing a good or service in an economy. True or False

Business
1 answer:
belka [17]3 years ago
3 0

Answer:

A production possibilities frontier identifies the dollar cost of producing a good or service in an economy.

True

Explanation:

Cost of producing could be envisaged through budgeting where the variable cost, fixed cost and total cost is expected to be calculated either through rough estimate.

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In a _______________________, most economic decisions about what to produce, how to produce it, and for whom to produce it are m
olga_2 [115]

Answer:

market-oriented economy is the correct answer.

Explanation:

8 0
2 years ago
Assume there are two countries: South Korea and the United States. South Korea grows at 4% and the United States grows at 1%. Fo
alisha [4.7K]

Answer:

The US income will be $12,201 and South Korea's income will be $21,911. US income will grow by multiple of 1.2 while South Korea's GDP will grow by multiples of 2.19.

Explanation:

Initial income of both the countries is $10,000.

Growth rate of South Korea is 4%.

Growth rate of US is 1%.

In 20 years, South Korea's income will be,

=Initial income*(1+growth rate)^{n}

=$10,000*(1+0.04)^{20}

=$10,000*2.1911

=$21,911

Similarly, we can find US income.

=Initial income*(1+growth rate)^{n}

=$10,000*(1+0.01)^{20}

=$10,000*1.2201

=$12,201

So, South Korea's income is $21,911 while US's income is $12,201.

South Korea's income grows by the multiples of 2.1911. While, US's income grows by the multiples of 1.2201

4 0
3 years ago
In a CPMT, the ____ leads the project to make sure a sound project planning process is used, a complete and useful project plan
KatRina [158]

Answer:

managers or skateholders

Explanation:

bc that is the answer

5 0
2 years ago
The level of CQ among senior leaders is the most consistent variable linked to whether or not an organization functions in the w
pashok25 [27]
It is true because It is true because
8 0
3 years ago
There are numerous disciplines in the area of applied science and technology. These areas contain endless opportunities for tech
Ivenika [448]

Explanation:

A technical leader is one who has the know-how of a special task, often linked to operational and science and technology areas.

This type of leader is one who has expertise in a given subject due to his experience in the field and knowledge generated throughout his career. His main duties are to coordinate the work of the teams, supervising the work and adding value to the work due to his experience, he must be the main motivator of his team, increasing productivity and increasing innovation. It is also essential that the leader has communication skills, provides feedback and is always ready to assist his team and make work more effective.

8 0
3 years ago
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