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3 years ago

Economic growth can best be portrayed as a:

Business

1 answer:

kicyunya [14]3 years ago

8 0

Answer:

The correct answer is letter "D": Rightward shift of the production possibilities curve.

Explanation:

The Production Possibility Frontier (PPF) implies that as many jobs and resources as possible are produced at the maximum level. That maximizes jobs and reduces unused resources. This ideal state can generally not be attained but is seen as a goal.

Plotted in a graph, the PPF curve displays a mix of goods that can be produced and their ideal volumes of production. Shifts of the PPF curve to the right imply growth while shifts leftwards imply a slow down in production.

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A consumer is consuming at a point on her budget line. Her income is $50 a week, and she purchases hamburgers and grilled cheese

Ivahew [28]

Answer:

Each grilled cheese costs $1.25

Explanation:

Giving the following information:

Her income is $50 a week. Hamburgers cost $4, and she consumes 10 of them. She consumes eight grilled cheese sandwiches.

To calculate the price of the grilled cheese sandwiches, we need to use the following equation:

Income= cost of hamburgers*number of units + cost of grilled cheese*number of units

50= 4*10 + x*8

10=8x

$1.25= x= grilled cheese

3 0

3 years ago

Andy just purchased a 2.5 acre vacant lot of land for $500,000. What was the price per square yard?

julsineya [31]

Andy just purchased a 2.5 acre vacant lot of land for $500,000. $41.32 per sq. yd price per square yard.

$500,000 ÷ 12,100 sq. yds. = $41.32 per sq. yd

What is square yard?

The length times the width, expressed in feet, must be multiplied by 9, and the result is the square yard (SQYDS). A square yard measures 9 square feet.
One billion is referred to as "yard" in finance. The word is derived from "milliard," which is comparable to the number one billion in American English and is used in various European languages.
Add the area to the conversion factor to convert a square yard measurement to a square foot measurement. The square yards multiplied by nine gives the area in square feet.
Add the length to the conversion factor to convert a yard measurement to a meter measurement. The yards times 0.9144 converts to the length in meters.

To learn more about square yard visit:

brainly.com/question/13434616

#SPJ4

7 0

1 year ago

This a type of unemployment that always exists and are relatively stable over time, including seasonal, structural, and friction

Darya [45]

Answer: Natural unemployment

Explanation:

Natural unemployment always exists even in a healthy economy this is because the people keep changing their jobs and they even leave the current job in search of the new ones. Natural unemployment also includes other types of unemployment such as seasonal, structural and frictional unemployment types.

Also some people might possess skills that are not necessary in the labor market. The natural unemployment is still in the economy even when there is technological advancement, industry expansion. New labor forces enter into market every year and people search jobs for better opportunities.

6 0

3 years ago

Read 2 more answers

Campbell Co. has net sales revenue of $1,320,000, cost of goods sold of $760,700, and all other expenses of $297,000. The beginn

olasank [31]

Answer:

3.46

Explanation:

Calculation for Campbell Co. fixed asset turnover ratio

First step is to find the Average net fixed assets

Using this formula

Average Fixed assets= Fixed assets Beginning balance +Fixed assets ending balance /2

Let plug in the formula

Average Fixed assets= $368,000 + $396,000/ 2

Average Fixed assets=$764,000/2

Average Fixed assets=$382,000

Second step is to calculate for the Fixed asset turnover

Using this formula

Fixed asset turnover = Net revenue ÷ Average net fixed assets

Let plug in the formula

Fixed asset turnover= $1,320,000 ÷ $382,000

Fixed asset turnover= 3.46

Therefore Campbell Co. fixed asset turnover ratio will be 3.46

7 0

3 years ago

Leaf] Leaf, an employee of the California Department of Forestry, insisted on signing inter-office memoranda with his name and t

dusya [7]

Answer: If it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion

Explanation:

The Establishment clause prevent the Congress from having a state religion or honig preference to one religion above another one.

The circumstances that a state law would be permissible under the establishment clause include if it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion.

5 0

3 years ago