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pshichka [43]
3 years ago
8

An economy's production possibilities frontier:​ Select one:

Business
1 answer:
Afina-wow [57]3 years ago
5 0

Answer:

The correct answer is c. ​is based on simplifying assumptions, but is still useful for illustrating scarcity, opportunity cost, and economic growth.

Explanation:

The production possibilities frontier (FPP) is a graphic representation of the maximum quantities of production that an economy can obtain in a given period using all the resources it has available.

In an economy that has thousands of products, the alternatives to produce one good or another and how much of each are very large. When an alternative is chosen, it means that other possibilities are being renounced. The relationship between what we choose and what we give up is the opportunity cost.

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The DHSMV Division of the Florida Highway Patrol is an enforcement sector that patrols state highways and ensures the safety of drivers and citizens while on the road.
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3 years ago
A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as _______________________
tester [92]

Answer:

a. Civil, procedural, and public.

Explanation:

A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as civil, procedural, and public.

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The ALG Manufacturing Company has gathered the following information for the month of September:• 6,000 units in the beginning W
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Answer:

C. 66,000

Explanation:

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3 years ago
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Answer:

processing costs

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Answer:

d. Cost cutting in one area of the value chain might increase costs in another.  

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Although cost leadership is an efficient way to dominate the competition,it does have potential pitfalls if not executed correctly. For example, if operating cost is decreased, the changed product feature may imply a higher marketing cost afterward. In order to be truly efficient, the cost leadership strategy has to be implemented in such a way, so it doesn't impact other value chain costs negatively (increasing them).

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3 years ago
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