1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
34kurt
3 years ago
6

The production possibility frontier is used to illustrate the concept of A) the laissez-faire economy. B) opportunity costs. C)

equilibrium. D) aggregate demand.
Business
1 answer:
julia-pushkina [17]3 years ago
6 0

Answer:

B) opportunity costs.

Explanation:

The production possibility frontier is used to illustrate the concept of <u>opportunity costs</u>. The production possibility frontier shows the combination of goods which can be produced by making use of all the available resources in an economy. In order to produce an extra unit of one good, some amount of other good has to be sacrificed. This is known as opportunity cost.

You might be interested in
A disadvantage of adding a salad bar to a school lunch menu would be ?
bearhunter [10]
The cost of adding more options. Supply and demand: would the students want to have salad for lunch, or would it go to waste?
5 0
3 years ago
Read 2 more answers
What position would you call a person who works in the recreation part of a nursing home??
Sergio [31]

Hope this Helps idk if this is the answer but a person who works in a nursing home mostly be CNA's or RNA's

4 0
3 years ago
A company purchases merchandise with a catalog price of $30,000. The company receives a 40% trade discount from the seller. The
Svet_ta [14]

Answer:

$17,820

Explanation:

Data provided in the question:

Catalog price of the merchandise = $30,000

Trade discount received = 40%

The amount of discount received = 40% of $30,000

= 0.4 × $30,000

= $12,000

Therefore,

Cost of Merchandise = Catalog price - Discount

= $30,000 - $12,000

= $18,000

also,

credit terms = 1/10, n/30

since, the payment was made within the discount period

1% of discount will be provided

thus,

amount of discount = 1% of cost of merchandise

= 0.01 × $18,000

= $180

hence,

Net cost of the merchandise

= Cost of merchandise - Discount on credit terms

= $18,000 - $180

= $17,820

3 0
3 years ago
Item 1Item 1 Thomas invests $109 in an account that pays 6 percent simple interest. How much money will Thomas have at the end o
olga nikolaevna [1]

Answer:

Total amount at the end of 4 years = $135.16

Explanation:

A simple interest account pays interest on only the sum deposited at an annual rate for a specified period of time without compounding or adding the interest earned in a particular period in the calculation of interest earning for the next period. Thus, if 1000 is invested and interest s earned at 10% then the interest earned will remain constant for every period the money is still deposited in the account.

The formula to calculate interest under simple interest method is,

Interest = Principal * Annual Rate * Time in years

Total Interest earned = 109 * 6% * 4

Total interest earned = 26.16

Total amount at the end of 4 years = Principal + Interest

Total amount at the end of 4 years = 109 + 26.16

Total amount at the end of 4 years = $135.16

5 0
3 years ago
When entering traffic, you should activate your turn signal after
yanalaym [24]
Check traffic<span> around </span>you<span> (rear, sides and front). Look for a gap of 4 to 5 seconds in</span>traffic<span>. </span>Activate your turn signal<span> (do this at least 100 feet before </span>you<span> make the lane change). Check </span>your<span> mirrors (rear-view then </span>your<span> side mirrors).</span>
6 0
3 years ago
Other questions:
  • A checklists should be based on past ____
    6·1 answer
  • Which type of promotion do many people consider more credible because it is less biased?
    9·1 answer
  • Jennifer's family always celebrates Christmas with decorated tree and stockings hung on the fireplace. These holiday decorations
    8·1 answer
  • Tina is a human resource executive at Savvy Savers, a financial planning firm. The executives want to introduce electronic monit
    5·1 answer
  • Brooke and John formed a partnership. Brooke received a 40% interest in partnership capital and profits in exchange for contribu
    14·1 answer
  • Beau went shopping at ABC Carpet. He saw some carpet he liked but could not make up his mind. The manager at ABC Carpet wrote do
    7·1 answer
  • The Master Budget You are currently working as a contractor building state of the art airports. One of the managerial accountant
    13·1 answer
  • An investment has the following payment structure: 1,000 payable in one year, 1,000 payable in two years, and 1,000 payable in t
    14·1 answer
  • Many advertising organizations say that applying the term "unfair" to an advertisement is
    8·1 answer
  • Which of the following is not a characteristic of a Successful Resume?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!