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Effectus [21]
3 years ago
15

This economy cannot currently produce 70 washers and 70 dryers because a. it is not using all of its resources. b. it is not usi

ng the most efficient production process. c. it does not have the resources and technology to produce that level of output. d. All of the above are correct

Business
1 answer:
serious [3.7K]3 years ago
3 0

Answer:

c. it does not have the resources and technology to produce that level of output

Explanation:

The complete question comes with the attached figure 2 which shows a downwards sloping PPC - Production possibilities curve. 70 washers and 70 dryers display a point outside the PPC curve.

  • All points outside the PPC curve signify that there are scarcity of resources to reach that level of production
  • All points inside the PPC curve signify that all the resources are not being effectively used
  • All points on the PPC curve signify that production equals efficient allocation of resources

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easynotrcards Under a fixed exchange rate regime, if the domestic currency is initially undervalued, that is, above par, the cen
Alina [70]

Answer:

D) foreign; domestic

Explanation:

The central Bank can improve the domestic currency by using the reserves. If the domestic currency undervalued the central bank may intervene to sell the Foreign currency and purchase the domestic currency, which will increase the demand of domestic currency and increase the supply of foreign currency in the market which will improve the value of domestic currency and undervalue the foreign currency.

7 0
3 years ago
Read 2 more answers
Which of the following is NOT true regarding the production possibilities frontier (PPF)? The PPF illustrates the trade-offs tha
ddd [48]

Answer:

The correct answer is: The PPF shows us that gains from trade are maximized when countries produce goods for which they have an absolute advantage in production.

Explanation:

A production possibilities frontier is a curve that shows different combinations or bundles of two goods that can be produced using all the resources and technology available.

It represents the concept of scarcity of resources and opportunity costs. Because of the scarcity of resources we cannot increase the production of both goods. To increase the production of one good we need to sacrifice the production of others. So, there is some opportunity cost involved in producing each additional unit of output.

7 0
3 years ago
Owners of the 650 homes in a subdivision list their houses, on average, every six years. if a sales associate farms that neighbo
pishuonlain [190]
There are 650 homes.
Owners list their homes on the average, every six years.
Therefore average number of homes listed per year is
650/6 = 108.333 homes

If a sales associate lists 40% of the homes in a year, she can expect to list
40%*108.333 = 0.4*108.333 = 43.33

We cannot have fractional homes, so the sales associate lists 43 homes per year.

Answer:  43 homes
6 0
3 years ago
Read 2 more answers
When might you expect a manager to offer a gentle reminder about hand washing?
Oksi-84 [34.3K]
The answer to the question really depends on the nature of the business or the company.

Let us take for example, a food chain. The crews in this business are always reminded of the importance of washing of hand in order to avoid the occurrence of an event wherein the food being served to the customer might get contaminated. 

On the other hand, if the business and the position of the subject matter does not involved handling food or other materials then, it may be acceptable for them and the manager need not remind the employees anymore. 
3 0
3 years ago
Read 2 more answers
Tater and Pepper Corp. reported free cash flows for 2018 of $39.1 million and investment in operating capital of $22.1 million.
barxatty [35]

Answer:

EBIT $76.5m

Explanation:

Calculation of Tater and Pepper's 2018 EBIT

Calculation of 2018 Tater and Pepper’s free cash flow :

Free Cash Flow= Operating cash flow – Investment in operating capital

$39.1m= OCF– $22.1m

Therefore the operating cash flow will be:

$39.1m + $22.1m

= $61.2m

Calculation of Tater and Pepper’s operating cash flow:

Using this formula

Operating Cash Flow= EBIT(1 – Tax rate) + Depreciation = EBIT – Taxes on EBIT + Depreciation

Let plug in the formula

$61.2m = EBIT – $28.9m + $13.6m

Therefore the EBIT will be :

$61.2m + $28.9m – $13.6m

= $76.5m

7 0
3 years ago
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