1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
My name is Ann [436]
2 years ago
10

Suppose sweden produces only tablets and smartphones. The resources that are used in the production of these two goods are not s

pecialized—that is, the same set of resources is equally useful in producing both smartphones and tablets. The shape of sweden's production possibilities frontier (ppf) should reflect the fact that as sweden produces more smartphones and fewer tablets, the opportunity cost of producing each additional smartphone
Business
1 answer:
slega [8]2 years ago
6 0

Answer: Straight line PPF, Opportunity cost is constant.

Explanation:

The PPF for Sweden is downward sloping straight line which depicts that the resources that are used in the production of these two goods are not specialized and the same set of resources is equally useful in producing both smartphones and tablets. Thus, Sweden's opportunity cost of producing more smartphones and fewer tablets should remain constant.

You might be interested in
Determine the future value of $21,000 under each of the following sets of assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1,
Marat540 [252]

Answer:

(a) $43,656.90

(b) $33,698.70

(c) $43,967.70

Explanation:

Future Value of annuity shall be:

(a) 10% for 8 years, Semiannually compounded

In this since the interest is compounded semiannually, the effective interest rate = 10/2 = 5%

Future Value of $1 in 8 years with 10% interest compounded semiannually = 2.0789

Value of $21,000 = $21,000 \times 2.0789 = $43,656.90

(b) 12% for 4 years, Quarterly Compounded

In this since the interest is compounded quarterly, that is 4 times in a year, effective interest rate = 12/4 = 3%

Future value of $1 in 4 years with 12% interest compounded quarterly = 1.6047

Value of $21,000 = $21,000 \times 1.6047 = $33,698.70

(c) 36% 25 months, Monthly

In this since the interest is compounded monthly effective interest rate = 36/12 = 3%

Therefore, Future Value of $1 in 25 months @36% compounded monthly = $2.0937

Value of $21,000 = $21,000 \times 2.0937 = $43,967.70

7 0
2 years ago
Other things being equal, a ________ supply of workers tends to put ________ pressure on real wages.
Sav [38]

The answer is, larger; downward.

  • Other things being equal, a larger supply of workers tends to put  downward pressure on real wages.

<h3>How do wage increases affect the demand for and supply of labor?</h3>
  • The quantity of work required will alter in response to changes in pay or salary.
  • Employers will want to hire fewer workers if the pay rate rises.
  • There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

<h3>What causes wage increase?</h3>
  • There are several reasons why employers may decide to raise salaries.
  • An increase in the minimum wage is the most frequent justification for wage increases.
  • The minimum wage can be raised by both the federal and state governments.
  • Companies that manufacture consumer items are also renowned for giving their employees small pay raises.

<h3>How does wage increase affect supply?</h3>
  • The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
  • The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.

Learn more about  real wages here:

brainly.com/question/1622389

#SPJ4

8 0
2 years ago
On january 1 of the current year, jimmy's sandwich company reported stockholders’ equity totaling $132,500. during the current y
Georgia [21]
<span>The change in the stockholders' equity during the given year was $111,000. Working out the math, if you take the $132,500 reported investor equity at the beginning of the year and add the $115,000 in total revenues to that, minus the $104,500 in expenses and $39,000 in cash dividends you get $104,000. Take the total calculated assets of $215,000 at the the end of the year, subtract the difference between $215,000 and $104,000 and the answer is $111,000.</span>
4 0
2 years ago
If real gross domestic product (GDP) grew by 2 percent and the inflation rate was 2 percent, then nominal GDP grew by
ohaa [14]

Answer:

4%

Explanation:

If the real gross domestic product for the year grew by 2%

The inflation rate also grew by 2%

Then nominal GDP rate can be calculated as follows

= Real GDP + inflation rate

= 2% + 2%

= 4%

Hence the nominal gross domestic product grew by 4%

6 0
3 years ago
Company FIN3610-FTRA has a six-year project that requires an initial investment of $30,000. Every year, the project will pay fix
lara31 [8.8K]

Answer:

909.09

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$20,000 / 58 - 36 = 909.09

4 0
2 years ago
Other questions:
  • On February 2, 2019, Alexandra purchases a personal computer. The computer cost $1,800. Alexandra uses the computer 85 percent o
    10·1 answer
  • Brian lives in Denver and runs a business that sells pianos. In an average year, he receives $704,000 from selling pianos. Of th
    7·1 answer
  • Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it
    12·2 answers
  • Henderson is a local automobile salesperson. He earns 6% commission on all of his automobile sales. Last month, he earned $9,900
    5·1 answer
  • ABC, Inc. discounts a 5%, 9-month, $1,000 note with a financial institution after holding the note for 3 months. The note was re
    11·1 answer
  • What is the expected dollar rate of return on dollar deposits with today's exchange rate at $1.10 per euro, next year's expected
    12·1 answer
  • Which best describes which careers would work in offices? O Marketing Information Management and Research, Distribution and Logi
    15·2 answers
  • Why would you want to offer a down payment on an item such as a car or a house?​
    7·2 answers
  • How was everyone's day?
    9·2 answers
  • according to age-earnings data, group of answer choices high earnings are due to motivation and innate ability, rather than educ
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!