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
nasty-shy [4]
3 years ago
6

In Mexico each unit of resource can produce either one professional computer or 3 computer games. Mexico has 30 units of this re

source.
a. Draw Mexico's production possibilities curve.
b. What is the opportunity cost of on professional computer?
c. Is the production of professional computers subject to constant or increasing opportunity cost?
d. Which of the goods being produced is considered a capital good?
e. In the absence of trade, should Mexico increase production of professional computers or computer-games if it desires more rapid economic growth?
Business
1 answer:
Anvisha [2.4K]3 years ago
4 0

Answer:

Explanation:

From the information given:

(a)

The total production available for the professional computers at the time Mexico uses all resources for production = 30

The total production of computer games at this time = 3 × 30 = 90

Thus, from above, the production possibility curve can be seen in the image attached below.

(b)

The opportunity cost of one professional computer is three computer games. This because, for them to produce one more computer, it is required that they give up three computer games.

(c)

Yes, it is subject to Increasing.

This because the opportunity cost of 1 computer = 3 games

For two computers = 2 ×  3 games = 6 games

For three computers = 3 ×  3 games = 9 games  ... and so on.

(d)

Professional computer production is considered a Capital good.

(e)

Mexico should increase the production of professional computers because they help in more rapid economic growth.

You might be interested in
"An unaffiliated investor wishes to sell a large amount of "144" shares. This person can do so, without being subject to the Rul
tekilochka [14]

Answer: 6 months

Explanation:

The Securities and Exchange Commission (SEC) of the United States uses Rule 144 to control and regulate sales transactions involving restricted, unregistered, and control securities.

When an unaffiliated investor to a company whose stock falls under Rule 144 wishes to sell them, they are indeed not bound by volume limitations if they sell after the holding period requirement of 6 months has been met.

This means that from the day the unaffiliated investor purchases and fully pays for the shares, they cannot sell them until 6 months from that very day have elapsed.

4 0
3 years ago
Which of the following statements about the inclusion of boot in a nontaxable exchange is false? Multiple Choice The purpose of
ankoles [38]

<u>Answer:</u>

<em>The purpose of including boot in a nontaxable exchange is to equalize the adjusted tax bases of the properties exchanged. </em>

<em></em>

<u>Explanation:</u>

A nontaxable exchange is a trade wherein you are not exhausted on any addition, and you cannot deduct any loss. On the off chance that you get property in a "nontaxable business", its premise usually is equivalent to the assumption of the property you moved. A nontaxable increase or misfortune is otherwise called an unrecognized addition or misfortune.

3 0
3 years ago
Can someone please help me with this question!
Dafna1 [17]

Answer:

I think you got it right*

Explanation:

I think this is the same question I took.

6 0
2 years ago
"Which of the following statements are TRUE? I New issues of Treasury Bills are generally priced at par II New issues of Treasur
Aleksandr [31]

Answer:

The remaining part of the question is:

Which of the following statements are TRUE?

I New issues of Treasury Bills are generally priced at par

II New issues of Treasury Bonds are generally priced at par, or at a slight discount to par

III New issues of Agency Bonds are generally priced at par, or at a slight discount to par

A. I only

B. III only

C. II and III only

D. I, II, III

Correct Answer:

C. II and III only

Explanation:

It is a fact that virtually all new issues of T-Bills are always sold at a discount to par value. These are original issue discount obligations, with the accrued value of the discount being the interest income earned on these securities.

<em>Treasury Bonds and Agency Bonds are issued at par or in most cases at a very slight discount to par, and make periodic interest payments.</em>

4 0
3 years ago
Discuss how you react to changes in the environment. For example, there is a change in your class schedule or a change in the pr
Colt1911 [192]

Answer: my reaction would probably not be good

Explanation:

8 0
2 years ago
Other questions:
  • How does decision making help a farm business grow?​
    14·1 answer
  • John is a newly minted quality engineer at MakeStuff Inc. His boss tells him to increase the process capability index of their m
    12·1 answer
  • The management of Fannin Corporation is considering dropping product H58S. Data from the company's accounting system appear belo
    8·1 answer
  • All of the following statements about GDP are false except Group of answer choices Higher GDP reflects more equal distribution i
    12·1 answer
  • A company had common stock with a total par value of $18,000,000 and fair value of $62,000,000; and 7% preferred stock with a to
    9·1 answer
  • How has technology changed in education
    5·1 answer
  • The following is the information for the Brendan's Bread bakery company.
    13·1 answer
  • The differences between actual and standard costs are called __________ variances. cost profit quantity volume 2. A favorable co
    11·1 answer
  • According to the Statement of Cash Flows in fiscal year 2020 (ending 1/29/2021), is Dollar General purchasing more property and
    10·1 answer
  • Suppose that a deep and prolonged recession induces some job seekers to discontinue their job search efforts due to the belief t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!