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Ivenika [448]
3 years ago
6

In a production possibilities​ frontier, a point inside the frontier is A. productively inefficient. B. productively and allocat

ively inefficient. C. allocatively efficient. D. productively efficient
Business
1 answer:
belka [17]3 years ago
7 0

Answer:

The correct answer is option A.

Explanation:

A production possibilities curve shows the maximum possible bundles of two goods, that an economy or firm can produce using its given resources and level of technology.  

A point on the production possibility curve is both productively as well as allocative efficient.  

A point below the frontier is allocatively efficient and attainable but productively inefficient.  

A point above the frontier is unattainable at the current level of resources and state of technology.

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mash [69]
A. Would be the best answer
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3 years ago
Milkshakes for $5.24. The cost of 1 hamburger
Korolek [52]

Answer:

Cost of 1 hamburger and 1 shake is​ $1.89

Explanation:

Assume:

Cost of hamburgers = h

Cost of milkshakes = m

For Jack

2h + 3m = $4.21.......Eq1

For Jill

3h + 2m = $5.24.........Eq2

Eq1 + Eq2

5h + 5m = 9.45

divide by 5

h + m = $1.89

So,

Cost of 1 hamburger and 1 shake is​ $1.89

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What is a credit card balance?
Sonbull [250]
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(D)

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3 years ago
when valuing raw materials inventory at lower-of-cost-or-market, what is the meaning of the term market
Akimi4 [234]

when valuing raw materials inventory at lower-of-cost-or-market, what is the meaning of the term market Replacement cost, Net realizable value, or Net realizable value less a normal profit margin.

<h3>What is Replacement cost?</h3>
  • The cost to replace a critical asset, such as a piece of real estate, an investment security, a lien, or another object, with one of equal or greater worth is referred to as replacement cost.
  • A replacement cost, which is often referred to as "replacement value," can change depending on a variety of variables, including the cost of preparing assets for use and the market worth of the parts needed to rebuild or repurchase the asset.
  • Replacement costs are frequently used by insurance companies to calculate the value of an insured item. Accountants, who use depreciation to expense the cost of an asset over its useful life, also regularly employ replacement costs.

To learn more about Replacement cost with the given link

brainly.com/question/15046979

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2 years ago
Giant inc. is thinking about eliminating one of its unprofitable product lines. when conducting incremental analysis related to
AlexFokin [52]
When conducting incremental analysis related to the decision if it should eliminate one of its unprofitable product lines, Giant should assume a percentage of fixed costs associated with the discontinued product line will remain, where fixed costs <span>are the costs </span><span>that have to be paid by a company, independent of any business activity. They are not variable.</span>
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2 years ago
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