Answer:
A
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised. The PPF is bowed outward if increasing opportunity costs exist.
As more quantities of good X is produced, there would be fewer resources available to produce good Y. As a result, less of good Y would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
$700 is the amount you pay before insurance pays in excess of that amount
The title company or the lawyer can be one of the person to
approach or to ask opinions from in regards with the status or the validity of
the title to the real estate but it is not advisable to ask the real estate
licensee for they could only provide facts in regards with the title.
Answer:
D. Actions by governments rarely significantly affect business
Explanation:
Business-socciety interdependence points out how business activities impact society and how society impacts business decisions. Government actions play a significant role in business performance. For example, an increase in interest rate increases the cost of borrowing and acts as an investment disncentive. Likewise, an increase in corporation tax stifles the incentive to invest and reduces corporate profit. Other government interventions such as standards and regulations, minumum wage legislations, permits and licenses would not only reduce business profits but could make doing business very cumbersome. Also, the extent to which the government is committed to maintaining political stability could determine the extent to which invesmtent thrives in an economy.
