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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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On June 1, Norma Company signed a 12-month lease for warehouse space. The lease requires monthly rent of $550, with 4 months pai
Sati [7]

Answer:

Balance = $1,650

Explanation:

As Norma company has paid 4 months rent in advance, therefore at the end of June, norma company will record its 1-month expense as follows

Adjusting entry at the end of June would be

                             DEBIT       CREDIT

Entry

Rent Expense     $550

Prepaid Rent                         $550

The balance on Norma's prepaid expense would be

Prepaid Rent  = $2200

Rent Expense = ($550)

Balance = $1,650

7 0
4 years ago
With regard to understanding the evolution of cooperation, the principal prediction that can be made from the expression br >
Anna71 [15]
Suppose we have two animals, X and Y and that X helps Y thanks to a gene. In this equation, we have that B is the benefit that Y receives, r the degree of relatedness and C is the cost of help. If the equation above holds, we have that the benefit (accounted for relatedness) overweighs the cost and the gene will spread. More specifically, the benefit to an individual's fitness (accounting for the probability that he has the gene) is greater than the cost to X's fitness and thus the probability that the gene propagates to the next generation is increased.
8 0
3 years ago
Two types of value that are often contrasted are subjective value and: Group of answer choices A. inherent value B. reproduction
Ilia_Sergeevich [38]

Answer:

The correct answer is letter "C": objective value.

Explanation:

Subjective values are those provided by individuals based on their <em>beliefs, perceptions, ideas, feelings, </em>and <em>reflections</em>. Subjective values are biased. Objective values, on the other hand, are based on <em>facts, statistics, evidence, </em>and <em>observations</em>. Objective values are unbiased.

6 0
3 years ago
the cheap foreign ______ argument says that trade protection is required to ensure that cheap imports do not flood u.s. markets,
GalinKa [24]

The cheap foreign Labour argument says that trade protection is required to ensure that cheap imports do not flood u.s. markets, dragging down prices of goods and u.s. wages. This is further explained below.

<h3>What is foreign Labour?</h3>

Generally, Those who work in a nation other than their own but have no intention of permanently relocating there are considered foreign workers since they do not have citizenship in the country where they are employed.

In conclusion,  The idea that trade protection is needed because of cheap imports flooding the market and driving down prices and U.S. wages is known as the "cheap foreign labor" argument. More detail about this is provided below.

Read more about Labour

brainly.com/question/14643266

#SPJ12

8 0
2 years ago
Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the u
Nikitich [7]

Answer:

$14.71

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

where,

Total estimated manufacturing overhead is

= Estimated total fixed overhead manufacturing overhead + Estimated variable manufacturing overhead × estimated machine hours

= $838,750 + $3.20 × 72,900 machine hours

= $838,750 + $233,280

= $1,072,030

So, the predetermined overhead rate is

= $1,072,030 ÷ 72,900 machine hours

= $14.71

6 0
4 years ago
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