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3 years ago

If your business is not efficient, where will your numbers fall on the Production Possibility Frontier?

Business

1 answer:

Sergeeva-Olga [200]3 years ago

8 0

Answer:

Inside the Production Possibility Frontier.

Explanation:

PPF is a curve that shows the various combination of 2 goods that an economy produces when resources are fixed. Thus, any point or bundle inside the production possibility frontier shows inefficiency in the production while the point on the production possibility frontier shows the efficient production from the available resources. But, the point outside the PPF exhibits a non-achievable point.

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Worthington Machining must decide whether to purchase Process A with specialized metal folding equipment needing two employees t

Karo-lina-s [1.5K]

Answer:

The indifference point is 106,457 units.

Explanation:

Giving the following information:

Process A:

Fixed cost= $1,430,000

Variable cost= $14.32 per metal panel.

Process B:

Fixed cost= $820,000

Variable cost= $20.05 per metal panel.

To calculate the indifference point between two processes, first, we need to formulate the total cost equation for each process:

Process A:

Total cost= 1,430,000 + 14.32*x

Process B:

Total cost= 820,000 + 20.05*x

x= number of units

Now, we need to equal both formulas and isolate x:

1,430,000 + 14.32x = 820,000 + 20.05x

610,000 = 5.73x

x= 106,457

The indifference point is 106,457 units.

5 0

3 years ago

Abby Cleaning Service had the following information for the 200 customers served this month: Sales Revenue $20,000 Variable Cost

mixer [17]

Answer:

= 60%

Explanation:

Contribution ratio represents the marginal benefits of producing an extra unit. It is calculated by the formula.

CM ration= Contribution margin/ sales revenue

Contribution margin = sales - varible costs

therefore contribution margin ratio= sales -revenue/ sales x 100

=$20,000 - $ 8000/ 20,000 x 100

= 12000/20000 x 100

=0.6 x 100

= 60%

6 0

3 years ago

Sara is an administrator at a bank. sara eats plenty of fruits, vegetables, whole grains, legumes, and lean meats. she is of nor

Tresset [83]

She could exercise. Since she is sitting at a desk all day, going on runs on lunch break or when she wakes up could really help promote a healthy lifestyle.

I hope this helped!

4 0

3 years ago

Which of the following acronyms refers to the international forum that was created for member countries to engage in the negotia

Lina20 [59]

Answer:

correct answer is B. GATT

Explanation:

solution

GATT ( General Agreement on Tariffs and Trade ) it is legal agreement between the many country

there purpose was only to promote for the international trade by reduce barrier like tariff and other trade barrier

and

General Agreement on Tariffs and Trade and its successor World Trade Organization have successfully reduce the tariffs

so correct answer is B. GATT

4 0

3 years ago

What is effectiveness in customer service?

ahrayia [7]

Answer:

the helping of the emmployee in where something is or to reach something or to get something from the back

Explanation:

7 0

2 years ago