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aliina [53]
3 years ago
9

The idea that tradeoffs have to be made when resources are scarce is reflected in the fact that: points below the production pos

sibilities curve are efficient. Points below the production possibilities curve are inefficient. The production possibilities curve has a negative slope. The slope of a linear production possibilities is constant.
Business
1 answer:
solmaris [256]3 years ago
6 0

Answer: The production possibilities curve has a negative slope.

Explanation:

Production possibility frontiers shows us the combination of goods that can be produced in a nation using all of its resources. Since, resources are scarce it is only possible to produce more units of one good by producing less of the other. Thus, the slope of the production possibility frontier is negative.

Other options, does not tell us anything about the scarcity of resources.

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What type of loan requires you to pay the interest accumulated during college
azamat
This type of loan is called an unsubsidized loan. Hope I helped!
3 0
3 years ago
6.Which statement applies to all centrally-planned economies?
Art [367]

Answer: C) the government makes all important economic decisions.

<span>A centrally planned economy is an economic system in which the  government makes all important economic decisions rather than leaving them to  consumers and businesses.</span>

<span>In these type of economy, prices are all controlled, the government sets plans, and the  economy is handled by bureaucrats. </span>

4 0
2 years ago
Franklin Corporation bought equipment on January 1st, 2022 .The equipment cost $150,000 and had an expected salvage value of $30
Dima020 [189]

Answer:

$120,000.00

Explanation:

Depreciable cost is the amount of money that can be depreciated over time from the value of an asset. It is the total book value an asset loses for being in production in its useful life. Depreciable cost is important is calculating the annual depreciation.

Depreciable cost is a result of the cost of an asset minus its expected salvage value.

In case case: $150,000- $ 30,000

=$120,000.00

Depreciable value is $120,000

8 0
3 years ago
Compare Franklin Roosevelts ( a democrat) actions concerning the economy in the 1930s with Ronald reagans (a republican) actions
steposvetlana [31]
Franklin Roosevelt's economic plans were to help the people by giving them things such as social security, lowering poverty rates, increasing wages and similar, while Ronald Regan's plan was to reduce tax rates so as to increase production and the overall wealth of the people. From this we might conclude that while Roosevelt wanted to help prevent poverty and help the people by through direct means, Regan wanted to help people by helping their employers who would in turn help their employees due to accumulated wealth.
4 0
2 years ago
Only 3 days after the attacks of 9-11, Northwestern Mutual began providing death benefits to surviving families of the first res
Luda [366]

Answer:

Empathy

Explanation:

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This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

5 0
3 years ago
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