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
inna [77]
3 years ago
7

Consider two points on the production possibilities frontier (PPF): point A, at which there are 50 oranges and 100 apricots, and

point B, at which there are 51 oranges and 98 apricots. If the economy is currently at point B, the opportunity cost of moving to point A is
Business
1 answer:
SSSSS [86.1K]3 years ago
5 0

Answer:

1 orange

Explanation:

Here are the options to this question :

b. 1 orange.

c. 98 apricots.

d. 3 oranges.

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all of its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

If the economy moves to point A, it would be giving up

51 - 50 = 1 oranges

You might be interested in
________ is defined as a business firm's intention, beyond its legal and economic obligations, to do the right things and act in
Serggg [28]

Answer:

Social responsibility

Explanation:

Social responsibility is an obligation of a business firm to act in ways that are good to the society. A business firm must act in a way that will benefit the society.

It suggest that a business firm must be concerned about the welfare of the people in the community.

It is ethical of a business to consider the welfare of the people before taking any action in the society. This implies that, a business firm shouldn't only consider making profit or expanding their business but should take into consideration the wellbeing of the people around them.

Social responsibility is not only performed by a business firm but also the duty of every individual that is capable of impacting the environment.

Every individual and business firm should impact the environment in a positive way and Improve on the wellbeing of people dwelling in the environment.

4 0
3 years ago
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
frez [133]

Answer:

bank statement                                          56,300

Checks outstanding                                  (25,390)

Deposit in transit not recorded by bank<u>    13,325  </u>

Adjusted bank statement                           44,235‬

Cash account                                       42,920

Bank debit memo for service charges      (35)

check register error:                         <u>       1,350   </u>

Adjusted cash account                         44,235

Explanation:

The procedure is to adjust for the unknow information and mistake of each party.

The bank is unaware of the check outstanding and deposit in transit

The company thanks to the banbk statement gets information about a mistake in his check register as it was posted for 1,500 when it should be 150.

6 0
3 years ago
Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social
WARRIOR [948]

Answer: Fair and Accurate Credit Transaction Act

Explanation:

From the question, we are informed that Mortgage loan originator Carol is in a hurry to leave on her vacation, and she leaves a customer's file that contains his Social Security number and bank account numbers on her desk.

Carol is violating the Fair and Accurate Credit Transaction Act. The Act was put in place to detect and also hinder Identity theft.

7 0
3 years ago
On December 31, 2021, the end of the fiscal year, California Microtech Corporation completed the sale of its semiconductor busin
Hunter-Best [27]

Answer and Explanation:

The preparation of the lower portion is presented below:

Income from the continuing operation

before income tax                   $7,800,000

Less: Income tax expenses ($7,800,000 × 25%) (1,950,000)

Income from continuing operation(A) 5,850,000

Discontinued operation:  

Loss from operation discontinued components

($15 - $13 - $4.8) ($2,800,000)

Income tax benefits ($2,800,000 × 25%)  $700,000

Loss on discontinued operation(B) ($21,000,000)

Net loss (A - B) -$15,150,000

7 0
3 years ago
Heedy Winery accumulates the costs incurred in the labeling process in an activity cost pool. Costs for the labeling process are
klasskru [66]

Answer:

$80,000

Explanation:

The computation of allocation labeling expenses is shown below:-

Overhead rate = Labeling process cost ÷ Labels generated

$320,000 ÷ $640,000

= $0.5 per label

Allocation labeling expenses = Wine estimated bottles × Overhead rate

= $160,000 × $0.5

= $80,000

Therefore for computing the allocation labeling expenses we simply applied the above formula.

6 0
3 years ago
Other questions:
  • Which one of the following is NOT one of the arguments against social responsibility as used by economist Milton Friedman?
    13·1 answer
  • What is culture?????????
    12·1 answer
  • Monthly payments are higher with a 15 year , fixed rate mortgage. What are two advantages of a 15 year fixed rate mortgage over
    13·1 answer
  • C.S. Lewis Company had the following transactions involving notes payable.
    5·1 answer
  • In the adopter categories, the final 16 percent to adopt are similar to innovators in that they do not rely on the norms of the
    6·1 answer
  • Suppose the chester company expands to other markets with good designs, high awareness and easy accessibility, what strategy wou
    11·1 answer
  • Mario and Johnny want to start a business. They have very little capital. They are new partners and largely unfamiliar with each
    14·1 answer
  • Discuss FOUR ways in which SAA could benefit from proper long-term planning.
    12·1 answer
  • Waterloo, Ltd. manufactures a component used in aircraft navigation systems. Demand has been strong and the executive staff at W
    7·1 answer
  • Pam is an agent for refined chemicals corporation. refined chemicals owes pam the duty of:_____.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!