All categories

3 years ago

An outward shift of a nation's production possibilities frontier can occur due to

Business

1 answer:

DENIUS [597]3 years ago

8 0

Answer:

The correct answer is option D.

Explanation:

Production possibility frontier shows the different amounts of two goods that can be produced using fixed resources.

An outward shift in the production possibility frontier imply that production of output is increasing.

Production may increase because of increase in inputs.

Here, the shift in production is happening because of increase in labor force.

You might be interested in

When a company is able to expand its operations by exporting globally, it can often achieve greater economies of scale which res

gogolik [260]

When a business is able to grow by exporting its products around the world, it can frequently attain larger economies of scale, which leads to reduced unit costs.

A company's production unit cost often goes down as it grows. This reduction is the result of economies of scale. By employing the least expensive production techniques, profits will be maximized.

Consumers' prices are lowered as a result of lower cost-per-unit, which increases their real wages overall and makes it easier for them to locate affordable goods.

Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process.

When a company produces more goods at a larger scale while paying less money on average per unit of output, this is a phenomenon known as economies of scale.

Learn more about economies of scale here:

brainly.com/question/23633985

#SPJ4

8 0

1 year ago

Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before any

ladessa [460]

Explanation:

Adjusting entries of fees collected in advance:

1. Dr unearned fee 6600

Cr fees earned 6600

Depreciation of Computers:

Dr Depreciation expense - computer 1650

Cr Accumulated depreciation 1650

Depreciation of Furniture:

Dr Depreciation expense - office furniture 1925

Cr Accumulated depreciation 1925

Adjusting entries of salaries:

Dr Salary expense 2695

Cr Salary payable 2695

Adjusting entries of Insurance:

Dr Insurance expense 1430

Cr prepaid insurance 1430.

Adjusting entries of office supplies:

Dr Office supplies expense 528

Cr Office supplies 528

Adjusting entries of utilities:

Dr Utilities expense 77

Cr Utilities payable 77

5 0

3 years ago

Read 2 more answers

He utilitarian approach proposes that actions and plans should be judged by their consequences. research reveals that stakeholde

Usimov [2.4K]

According the utilitarian approach actions and plans should be taken<span> in a way that will produce the greatest benefit to society and produce the least harm at lowest cost and</span> judged by their consequences. The utilitarian approach proposes that actions and plans should be judged by their consequences. research reveals that stakeholders who have the ability to affect the company have the most power; whereas stakeholders that have legitimacy have a legal or moral claim on company resources.

7 0

3 years ago

Marlin Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased

jeyben [28]

Answer:

b. $233,100 tax expense

Explanation:

The computation of the current income tax expense or benefit is shown below:

But before that first we have to need to find out the taxable income i.e

= Pretak book income + increase in net reserve warranties + exceeded amount - dividend deduction

= $1,000,000 + $25,000 + $100,000 - $15,000

= $1,110,000

Now to find out the current income tax expense since the tax rate is not given so we assume the marginal tax rate i.e 21%

So,

= $1,110,000 ×21%

= $233,100

By multiplying the taxable income with the tax rate we can get the income tax expense

7 0

3 years ago

Which dimension of the Big Five model refers to an individual's propensity to defer to others? A) conscientiousness B) agreeable

lisabon 2012 [21]

Answer:

agreeableness

Explanation:

Emotional stability measures the ability to withstand stress.

Conscientiousness measures the ability of a person to be reliable and organised.

Openness to experience measures interests and fascination with new things and experiences.

Extraversion measures the degree to which a person likes being with other people.

I hope my answer helps you

6 0

3 years ago

Read 2 more answers