All partners are limited from personal liability in certain situations.
Answer:
B. shifts rightward, and the point at which the PPF touches the good-X axis has to be something more than 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units
Explanation:
PPF is the graphical representation of two goods combinations which an economy can produce given resources & technology.
It is downward sloping because of two goods inverse relation given same resources & technology.
The points at which PPF touches both axis represents maximum amount of that axis good which can be produced by given resources & technology , Points on PPF reflect full efficient utilisation of resources. Points inside PPF reflect underutilisation of resources. Points outside PPF reflect unattainable combinations outside economy's productive capacity, given resources & technology unless either of them grow.
Resource increase usable for production of both goods: shifts the PPF outwards/ rightwards & the maximum potential production of both goods increases. PPF touching axis points increases from pervious at each axis - more than 40 at good X axis, more than 60 at Y axis.
Answer:
C $1,918
Explanation:
Calculation to determine what Capital Fund this day will pay
Using this formula
Capital fund=Capital Offering price*Number of shares
Let plug in the formula
Capital fund=$9.59 per share x 200 shares
Capital fund=$1,918.00
Therefore Capital Fund this day will pay:$1,918.00
Answer:
%decrease= 16.8%
Explanation:
Giving the following information:
Sales $51,300 (51,300/19= 2,700 units)
Less variable expenses= 32,400 ($12 per unit)
Fixed expenses 12,500
Operating profit $ 6,400
We have to maintain an operating profit of $6,400.
The fixed costs must decrease by an equal amount as the contribution margin. First, we need to calculate the decrease in the total contribution margin.
Decrease in contribution margin= 300 units* (19 - 12)= $2,100
Decrease in fixed costs= $2,100
%decrease= (2,100/12,500)*100= 16.8%
